Without a comprehensive debt moratorium, the COVID-19 pandemic will lead to a wave of uncontrolled sovereign defaults, especially among emerging and developing economies. Should that happen, global efforts to contain the public-health crisis will fail, and the current economic collapse may well turn into a permanent decline.
Rich and poor...
A number of very important guidelines have been issued worldwide to address the COVID-19 pandemic, namely:
• frequently wash hands under running water with soap for at least twenty seconds
• sanitize hands periodically
• limit the number of face-to-face interactions
• observe basic social distancing protocols, etc.
These guidelines are being widely repeated here in Ghana...
African leaders need to look in the mirror and ask where this continent will be in 2030 and 2063
The COVID-19 pandemic, one of the world’s most significant events, has resulted in cessation of economic activities that will lead to a significant decline in GDP, an unprecedented social disruption, and...
Many African countries have introduced lockdowns in order to halt the spread of coronavirus, but, as Alex de Waal and Paul Richards argue, ordinary people have to be involved in choosing the solutions that will work for them.
Countries on the continent have learned much from tackling epidemics such as...
Pharmaceutical firm Ernest Chemists Limited has supported four more hospitals with medical supplies, and presented a cheque for GH¢100,000 to the National COVID-19 Trust Fund to help in the fight against the coronavirus pandemic.
The company also presented medical supplies such as disinfectants, sanitisers, pain-killers, anti-hypertensives, examination gloves and hematinics...
The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has resulted in a tragically large number of human lives being lost. As countries implement necessary quarantines and social distancing practices to contain...
The COVID-19 pandemic has caused an unprecedented human and health crisis. The measures necessary to contain the virus have triggered an economic downturn. At this point, there is great uncertainty about its severity and length. The latest Global Financial Stability Report shows that the financial system has already felt...
President Nana Addo Danquah Akuffo-Addo has announced the establishment of a COVID-19 Trust Fund to tackle the coronavirus pandemic in the country.
The Fund is being chaired by Former Chief Justice, Ms. Sophia Akuffo, and has since its establishment received contributions and donations from the public to assist the needy...
In years past, diseases engendered by microscopic organisms have taken their toll on this perpetually mutant human species. Like the event of 9/11 and its subsequent effect on policies and hightened security around the world, history is littered with many such adversities that have woken up the genius in...