Tag Archives: Economy

This article was first published by American University in Cairo’s Cairo Review of Global Affairs. It was published as part of UCF’s partnership with AUC, thanks to the generous support of Jonathan and Nancy Wolf.   Immigrants have been vital to this nation’s success pre-COVID, and they will be key participants in ensuring the U.S. […]

This article was first published by American University in Cairo’s Cairo Review of Global Affairs. It was published as part of UCF’s partnership with AUC, thanks to the generous support of Jonathan and Nancy Wolf.   How have the Isle of Man and other small states responded to these recent weeks of COVID-19? The Isle […]

This article was first published by American University in Cairo’s Cairo Review of Global Affairs. It was published as part of UCF’s partnership with AUC, thanks to the generous support of Jonathan and Nancy Wolf.   The Botswana tourism sector cannot avoid the threats posed by the current coronavirus disease (COVID-19). Considering that tourism relies on […]

Turkey’s cities are back to their daily hurley-burley after most of the restrictions to stop the spread of COVID-19 were lifted. The return to the old normal, with crowds on the streets, packed public transport and traffic jams, happened so fast that the time when the cities appeared apocalyptically quiet and still during the curfews […]

The International Monetary Fund (IMF) has projected that a best-case scenario sees global GDP growth falling to negative 3 percent in 2020 (IMF). Their worst-case scenario, in which the pandemic’s spread does not diminish in the second half of 2020, subtracts an additional 3 percent from GDP growth (IMF). Before the coronavirus pandemic began circulating […]

Economists warn that Britain’s economy is facing a coronavirus-induced recession that could mirror the 2008 financial crisis (FT 1). There is vast uncertainty over the depth and timeline of the forecasted recession, but with unemployment surging most economists agree it is unavoidable (FT 1). Britain faced criticism from Devi Sridhar, chair of global public health […]

Coronavirus in the U.S. created volatile stock markets with analysts warning that more than half of American jobs are at risk to be lost. The Dow Jones industrial average dropped more than 2,997 points on Monday, marking its largest single-day point drop in history (WP 1). Following the plunge, Treasury Secretary Steve Mnuchin announced a […]