At the beginning of the COVID-related economic decline, analysts were predicting a “V-shaped” recovery. Now economists are theorizing a wide-range of potential recovery shapes: Z-shaped, V-shaped, U-shaped, W-shaped, L-shaped, and even the Nike Swoosh. Louise Sheiner and Kadija Yilla explain what these models mean and which of them of is the most likely.
Amid questions about the ability of Congress to function in regular order during a pandemic, the Senate Committee on Intelligence will hold an open hearing today to consider the controversial nomination of Representative John Ratcliffe to serve as director of national intelligence. Nicholas Rasmussen and Margaret Taylor pose questions that the committee should ask Ratcliffe during his hearing.
“My own firmly held belief is that when it comes to really helping countries deal with the pandemic, the overriding criteria should be the resources gap to fight the virus. Past guidelines or approaches should not stand in the way of the appropriate policy action.” Brahima Coulibaly joins David Dollar for a new episode of Dollar & Sense to discuss what Africa needs to fight the coronavirus.
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