JP Morgan sets aside $8.3bn to cover Covid-19 losses Wall Street bank earmarks sum to cover credit cards and oil and gas sector losses
IMF has no experience of recession arriving with such ferocity Recovery will take some time as countries will exit Covid-19 lockdown only gradually
‘Great Lockdown’ to rival Great Depression with 3% hit to global economy, says IMF Latest World Economic Outlook describes shock of coronavirus pandemic as ‘like no other’
The Guardian view on poorer nations and Covid-19: the G20 must act Editorial: Debt relief and massive economic support are needed in Africa, as developing nations cope with health and economic emergencies
Pressure grows for developing world debt relief over coronavirus More than 60 poorer countries are spending more paying creditors than on health – study
‘I owe them my life’ – Boris Johnson pays tribute to NHS staff – as it happened US death toll becomes the highest in the world; Italy and India extend lockdown
Coronavirus crisis demands that the G20 give debt relief to sub-Saharan Africa With the IMF and World Bank spring conference approaching, research underlines need to bail out world’s poorest countries
Blindsided: how coronavirus felled the global economy in 100 days A singular event has economists asking the same questions as everyone else: how far is there to fall – and can we ever get back?
IMF chief flags up grim global economic forecast Kristalina Georgieva says Covid-19 pandemic has spawned ‘economic crisis like no other’
Coronavirus could push half a billion people into poverty, Oxfam warns Nearly half of all jobs in Africa could be lost without urgent action, says charity
Fashion industry reels as coronavirus shuts shops and cancels orders Report warns 80% of firms face a highly uncertain future if stores close for two months
Global investors clamour for safe haven in UK government bonds Flight from stock markets helps Treasury complete first part of scheme to bolster spending with at least £45bn extra this month
Donald Trump ‘lost $1bn in a month’ from coronavirus lockdown Stock market crash strips billionaire status from 267 of world’s richest people in the annual list
The global stock market rally feels fragile Shares have bounced back but it’s too soon to call the bottom for prices in the Covid-19 pandemic
Global leaders urge G20 to tackle twin health and economic crises Letter calls for $8bn emergency health fund to help prevent second wave of coronavirus