Low interest rates for even longer or maybe even forever, and ballooning government balance sheets will shape the post Covid-19 era. But that's not all. The health crisis may have fundamentally altered the structure of our economy.
The price of ginger in Russia has reportedly soared five-fold and lemons are getting hard to come by as Russians reach out for the tried and tested home-made cures for the flu.
Economically besieged Islamic Republic’s year looks set to hinge on whether tormentor-in-chief is re-elected.
No sign as yet of Trump administration relenting. Reports say it may veto Iranian application to IMF for $5bn of emergency funding.
Beijing says Washington’s measures are “against humanitarianism and hampers Iran's epidemic response & delivery of humanitarian aid”.
Central bank requests $5bn in emergency funding. Islamic Republic has world's third worst outbreak of coronavirus. Its economy, already hobbled by US sanctions, faces another body blow.