International
Lower oil prices raise risk of US oil firms defaulting
The recent collapse in oil prices is increasing fears of widespread defaults and bankruptcies in the US shale industry
United StatesVulnerable developing states face an L-shaped recovery
The UN urges developed countries to write off some developing countries' debts and increase aid contributions
InternationalDemography and healthcare shape COVID-19 mortality
A new report models the impact of the COVID-19 outbreak globally, positing a worst-case scenario of 40.6 million deaths
InternationalMarkets fear inadequacy of monetary and fiscal moves
Investors remain extremely nervous about financial market liquidity, despite policymakers pledging 'whatever it takes'
InternationalThe trade-off of saving health or GDP is contentious
Early research implies that shutdowns and distancing are worth the economic damage to reduce the long-term health damage
InternationalCOVID-19 is a short but very sharp shock to US workers
US jobless claims surged by 3.3 million in one week from March 14-21; other major economies will see a similar surge
InternationalCOVID-19 global climate impact may be brief
The crisis will prompt a dip in carbon emissions but its impact on active climate action longer-term will be mixed
InternationalG20 COVID-19 spending will not alleviate doubts
The G20 has agreed to spend 5 trillion dollars, or “whatever it takes”, to ease the economic impacts of COVID-19
International
