The outbreak of Covid-19 continues to be the major disruptive force, impacting households, investors, businesses, and policymakers. The virus hits vulnerable individuals and institutions. Monetary policy, and in some places, including Italy, fiscal policy will be deployed too. The handling of the crisis could shape both Chairman Xi and President Trump's political futures. The coronavirus is disrupting supply and demand. The near shutdown of the world's second-largest economy and the downgrade of global growth prospects lowered the anticipated demand for oil. It exposed an underlying problem of coordination among the ... (full story)