The Covid-19 pandemic threatens to see a further retreat of globalisation. Donald Trump’s recent executive order to limit immigration to the US, his announcement to withhold US funding to the World Health Organisation (WHO) and his threat to India’s initial refusal to release the drug hydroxychloroquine to treat Covid-19 patients,Continue reading
Month: April 2020
Will the world economy recover from COVID-19?
The global economy is already in recession as a result of the COVID-19 pandemic. The conservative estimate is that the pandemic will cost the global economy at least some US$ 1 trillion dollars this year with the World Economic Forum estimating the world economy to grow by just 0.5 percentContinue reading