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The Big Picture

Macroeconomics, Socioeconomics, Geopolitics, Business and Government, Secular Trends and Big Picture Themes

IMF chief says pandemic will unleash worst recession since Great Depression

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The pandemic sweeping the world will turn global economic growth “sharply […]

‘Health Silk Road’ heats up as China and U.S. boost efforts amid coronavirus

China’s not the only one working on the “Health Silk Road.”  As Beijing pushes for global health leadership amid the […]

The COVID-19 pandemic has three directions, and all point to new cases well into 2021

In one scenario, there will be a series of outbreaks in the next one to two years, smaller than the […]

Over 4 million in US will contract coronavirus if states fully reopen: Wharton model

New numbers from the Penn Wharton Budget Model show that reopening states could cause positive coronavirus case numbers to tick as high […]

The situation in China is even worse than you think, says this analyst with a history of accurate calls

Global stock markets are seeing their worst week since the 2008 financial crisis as the reality of the unprecedented COVID-19 […]

The Trump Presidency Is Over

When, in January 2016, I wrote that despite being a lifelong Republican who worked in the previous three GOP administrations, I would […]

Wanna Know Why Kim Jong-Un Is Smiling? He’s ‘Sitting’ on Trillions of Dollars.

North Korea has a lot of wealth–just below the surface.  by Patricia Schouker  Key point: South Korea estimates the value of the […]

Report of the WHO-China Joint Mission on Coronavirus Disease 2019 (COVID-19)

https://www.who.int/docs/default-source/coronaviruse/who-china-joint-mission-on-covid-19-final-report.pdf

Coronavirus is highly uncertain and global costs could be high

As coronavirus spreads across the globe, new modelling from The Australian National University (ANU) is set to help policymakers respond […]

The Rich Are Preparing for Coronavirus Differently

The new coronavirus knows no national borders or social boundaries. That doesn’t mean that social boundaries don’t exist. “En route […]