The African Development Bank (AAA) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa's economies.
The ultimate public health costs and economic impact of Covid-19
are at this time unknown. Public health responses have weighed the
human cost of intensive care units being overwhelmed and the
number of preventable deaths exploding against the jump higher in
unemployment...
As the coronavirus continues to impact the global economy, Charles Hepworth, Investment Director, GAM Investments, discusses the risks that a second wave of epidemics could pose in the future.
According to Yann Duvaud-Schelnast, Head of Sustainable Investment, innovation and governance at Allianz France, the subject of carbon occupies a key place to date in the insurer's ESG strategy.
The operating environment for European banks will be challenging, but resolution and senior debt bail-in are extremely unlikely. Banks will have to be a key piece of the puzzle as authorities seek to minimise long-term economic loss.