World Bank chief economist sees risk of pandemic financial crisis

World Bank chief economist sees risk of pandemic financial crisis

(Bloomberg) – World Bank chief economist Carmen Reinhart said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of an emerging financial crisis. “It didn't start out as a financial crisis, but it is turning into a major ...

9 days ago

'This is war': Covid may lead to global financial bloodshed

'This is war': Covid may lead to global financial bloodshed

The coronavirus pandemic is morphing into a major economic crisis, World Bank chief economist Carmen Reinhart said, and warned of an impending global financial calamity. Questioning the wisdom of central banks increasing their sway over the bond ...

9 days ago

This is war': Covid may lead to global financial bloodshed

This is war': Covid may lead to global financial bloodshed

The World Bank had called for a year-long extension of debt relief for the world's poorest countries amid the pandemic.

9 days ago

Top World Bank economist says coronavirus pandemic morphing into 'major economic crisis'

Top World Bank economist says coronavirus pandemic morphing into 'major economic crisis'

The top economist at the World Bank said in an interview on Thursday that the coronavirus pandemic is “morphing into a major economic crisis” and questioned the wisdom of central banks increasing their sway over the bond market.

9 days ago

Top World Bank economist says coronavirus pandemic morphing into 'major economic crisis'

Top World Bank economist says coronavirus pandemic morphing into 'major economic crisis'

The top economist at the World Bank said in an interview on Thursday that the coronavirus pandemic is “morphing into a major economic crisis” and questioned the wisdom of central banks increasing their sway over the bond market.

9 days ago

Virus Outbreak: Financial crisis likely: World Bank

Virus Outbreak: Financial crisis likely: World Bank

World Bank chief economist Carmen Reinhart earlier this week said that the COVID-19 pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging. “This did not start as a financial crisis, but it is morphing into a ...

9 days ago

Coronavirus fallout can morph into a global financial crisis, the World Bank's chief economist says

Major economies may be well on their way to recovery, but outsized government borrowing runs the risk of fueling a financial crisis, the World Bank's chief economist, Carmen Reinhart, said Thursday on Bloomberg TV. The path of governments' fundraising ...

9 days ago

Top World Bank economist says financial crisis could emerge from pandemic

Top World Bank economist says financial crisis could emerge from pandemic

Top World Bank Economist speaks out after the world's richest nations agreed to renew a debt relief initiative for the poorest through at least the first half of 2021, falling short of the World Bank's call for a full-year extension.

9 days ago

Reinhart Sees Crisis, Brexit Talks, China's Resurgence: Eco Day – Bloomberg

Article taken from: www.bloomberg.com. https://www.bloomberg.com/news/articles/2020-10-16/reinhart-sees-crisis-brexit-talks-china-s-resurgence-eco-day. Article summary. October 16, 2020, 2:30 AM EDT ECB officials see strong reasons to hold back on ...

9 days ago

Reinhart Sees Crisis, Brexit Talks, China's Resurgence: Eco Day

(Bloomberg) -- Welcome to Friday, Europe. Here's the latest news and analysis from Bloomberg Economics to help take you through to the weekend. World Bank Chief Economist Carmen Reinhart said the coronavirus pandemic is turning into a major ...

9 days ago

Top World Bank economist says financial crisis could emerge from Covid-19 pandemic

Top World Bank economist says financial crisis could emerge from Covid-19 pandemic

WASHINGTON (BLOOMBERG) - World Bank chief economist Carmen Reinhart said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging.. Read more at straitstimes.com.

10 days ago

Realtime Search Trends

  • Top stories
  • Sports
  • Entertainment
  • Business
  • Sci/Tech