Everyone is scrambling to come to terms with the outbreak of COVID-19. That includes business leaders, of course. Experts BCG a set of immediate actions as well as a set of critical questions that CEOs should ask about something difficult but important to address right now: how to plan for what comes after.
Arthur D. Little experts prepared a report on the impact of the coronavirus pandemic on telecommunications companies, the risks and opportunities of the current environment, as well as the main ways for telecom companies to get out of the crisis in order to achieve success in the new reality.
COVID-19 has created a demand shock in the oil market as social distancing reduces movement and daily travel for more and more of us each day. At present, most of the reporting agencies expect oil demand growth this year to be largely flat, well below the 1.2 million barrels/day (mmb/d) expected just a few months ago. And this demand growth forecast will likely be revised down further as large gatherings are cancelled, schools shut their doors, and companies implement policies to encourage or mandate working from home.
The new report by the International Monetary Fund provides an analysis of the current state of the world economy against a backdrop of today’s challenges, including the consequences of the coronavirus pandemic.
The International Labour Organization (ILO) has published a sectoral brief about the impact of COVID-19 on the tourism sector. Although the tourism industry has been hit hard by the necessary measures taken to contain the pandemic, the sector may still play a key role in reinvigorating the global economy once the crisis is over.
