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Global Recession

6/8/2020

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I think African debtor nations will face a Depression if creditor nations (i.e. Britain, Qatar, and Israel) struggle, too. On the other hand, their relationship with Beijing and Chinese firms will become one of dependence rather than partnership.
​

Lebanon?
Yemen?
Syria?
Venezuela?
Libya?
Three dozen nations in Africa?

The world over, the IMF and World Bank have its work cut out for them. And it's hard to watch.
​
A comment on "60 Million People Will Fall into Extreme Poverty Due to Coronavirus According to World Bank" (D. Major).
A woman holding up a tablet that says
"SM20 WEO Press Briefing_1" by International Monetary Fund. Licensed under CC BY-NC-ND 2.0.

Related: Qatar (2019)
Related: Share Economy (2019)
Related: Reforestation (2019)
Related: "This Life or the Next" (2019) 

Buy me a coffee.
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