Covid-19 and oil: a tale of three countries
The Covid-19 outbreak has been a watershed moment for financial markets. No country has been immune to the pandemic, first reported by the World Health Organization in December 2019. More than 400,000 people have died worldwide from the virus as of June 2020, forcing governments to impose strict lockdowns, which in turn triggered huge disruptions to global supply chains. Global growth this year is now expected to contract 3%, according to the International Monetary Fund.
But there are some
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