Over Q1 2020, COVID-19 has developed from an emerging threat to a transformational reality with potentially long-lasting effects on economic growth. All optimism for commodity markets at the start of the year was quickly extinguished as the coronavirus emerged in Wuhan, China. Prices have been dragged down further by dire market fundamentals which were a result of government-imposed lockdowns in the major global economies. Both supply and demand have been lowered across the board, but demand has been harder hit and will be slower to make a recovery. Most commodities have further to fall from here. There has been a profound human cost to the pandemic and the economic fallout of governments’ responses is just starting to be counted. Read more
Healthcare in Africa made huge strides in reducing malaria deaths below half a million this year but still faced challenges fighting the elusive Ebola virus which has claimed over 11,000 lives. The outbreak in West Africa has exposed major gaps in development aid, prompting a rethink of the balance between building health systems and tackling specific diseases like AIDS, malaria and tuberculosis.
Sierra Leone’s Ebola epidemic is declared over, following 42 days with no new cases.
A Scottish nurse who had previously contracted Ebola during a trip to Sierra Leone has been readmitted to a London hospital.
South Koreans stay away from public places in capital Seoul as the number of Middle East Respiratory Syndrome (MERS) cases continues to rise in the county.