The Covid-19 pandemic will have an indescribable, unbearable and devastating impact on the world. It will inevitably plunge the world into a deep economic crisis. Today the impact is already being felt at all levels: health, social, political and financial.…
Author: Meissa LO
Meissa M. LO is a young liberal who was born in Senegal. After his bachelor's degree in management and business development where he graduated at the top of his class, he did a master's degree in “Financial Expert” and then an Mba in trading and asset management. Today, he works in market finance and is a junior consultant on derivatives (Trade change) in a French bank in Paris, where he currently lives. He is the author of several articles published by Investing.com including: the need for corporate financing in African stock exchanges, the new currency "ECO" for a more dynamic and integrated financial market.
Africa, America, Asia, Continent, Covid-19, Europe, Human Rights, Middle East, Oceania, Topics, World
The Problem with Pandemic Bonds
In 2017, the World Bank launched “Pandemic Bonds”, specialized bonds to provide financial support to the Pandemic Emergency Financing Facility (PEF). The creation of the PEF was announced by the World Bank in May 2016 at the meeting of G7…