South Korea’s economy will suffer less than most

South Korea tackled COVID-19 faster and better than most countries, but will still suffer serious economic damage

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Past reforms will aid banks amid the COVID-19 crisis

US and UK banks are in a better position to cope with losses arising from the global recession than they were in 2007-08

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Strong fundamentals and national and EU funding and regulatory support should help CEE banks through COVID-19 crisis

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Divisions over economic and monetary policy reflect deepening regime fissures

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The outlook is changing at an unmatched speed and scale; the path of the virus, and responses to it, will drive activity

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State oil company PDVSA is taking over private petrol stations, which will now be able to sell in hard currency

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International donors have offered USD1.8bn in support to Sudan’s struggling transition

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While the COVID-19 crisis brings openings for reform, stumbling blocks remain

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The IMF sees the global economy contracting by 4.9% this year, compared to the 3.0% decline it expected ten weeks ago

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