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...United nations conference on trade and development report update the covid shock to developing countries towards a whatever it takes march programme for two thirds of world s population being left behind averting global depression projections potential impact economies around year vary widely however there is broad agreement that economy will contract given sudden stop large swathes activity resulting income loss in manufacturing services sectors across most advanced china combined with adverse effects financial markets consumption through both wealth investment confidence international commodity prices country governments now scrambling contain economic pandemic challenge as discussed our first compounded by persistent fragilities surrounding highly speculative positions particular already unsustainable debt burdens associated leveraged corporate loans these have been built up over last decade easy money against backdrop heavily underregulated high tech cum gig deeply ingrained inequa...