Institutional Investor (March 20)
“The coronavirus pandemic has pushed the world’s economy into a slowdown that may lead to default rates jumping as high as 10 percent in the next twelve months, according to analysts at S&P Global…. The sudden stop in global economic activity, the recent drop in oil prices, and record market volatility are all putting pressure on the creditworthiness of companies.”
Tags: Analysts, Coronavirus, Default, Economy, Oil prices, Pandemic, S&P, Slowdown, Vlatility
Foreign Policy (March 18)
“Sorry, America, the full lockdown is coming. Politicians won’t admit it yet, but it’s time to prepare—physically and psychologically—for a sudden stop to all life outside your home.” As borders shut, it’s time to ask, “Where, and with whom, do you want to spend the next six to 12 weeks of your life, hunkered down for the epidemic duration?”
Tags: Borders, Life, Lockdown, Physically, Politicians, Psychologically, U.S.