Coronavirus Pandemic Set to Ravage Britain’s Economy

March 31, 2020
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 Causes Substantial U.S. Economic Intervention

March 20, 2020
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 […]