World Economy Stronger than Updated IMF Estimates Suggest
The International Monetary Fund (IMF) upgraded its global economic outlook for 2020, however, reiterated the risk of an uneven and prolonged recovery.
Global Perspective
Uneven Economic Recovery Continues with Upside Potential in 2021
With favorable low-interest regimes globally and additional fiscal stimulus packages expected, 2021 has the potential to deliver a robust economic recovery, assuming there will be a medical breakthrough in the form of a coronavirus vaccine.
Japan: Leadership Uncertainty Near Term, Abenomics Unlikely to Change Materially
Japan’s longest-serving Prime Minister, Shinzo Abe, announced his resignation to undergo treatment for a chronic illness.
The Fight with Chinese Trojan Horses
The proposed ban on TikTok by the US is similar to the Chinese ban on Twitter, Facebook, or WhatsApp, and a solution could be within reach.
IMF: World Economic Outlook Update
The International Monetary Fund (IMF) downgraded its global economic outlook with a significantly deeper recession and a slower than anticipated recovery after that.
Additional ECB Stimulus Meets High Expectations
The European Central Bank’s (ECB) additional monetary stimulus appears synchronized with the European Union’s planned unified-fiscal policy expansion.