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How bad is coronavirus? Let’s run the numbers

The coronavirus outbreak has been turning a lot of us into amateur epidemiologists. Just listen to Mick Mulvaney, the former real estate developer and member of Congress from South Carolina who is now acting White House chief of staff. “The flu kills people,” he said. “This is not Ebola. It’s not Sars, it’s not Mers. It’s not a death sentence, ...

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Bankers are staring into the abyss, again

Europe’s lenders are staring at yet another possible crisis, this time not of their own making, and the brutal reality is that the European Central Bank can do very little to help them. That’s bad news for the real economy too. The economic hit from the rapid spread of the coronavirus will probably mean another spate of loans turning bad, ...

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Flybe needed more than Branson’s ‘magic’

Even Richard Branson couldn’t provide the spark needed to save struggling Flybe. The UK’s largest domestic airline collapsed into administration on March 05 after failing to secure a last-ditch bailout from the government. There is no doubt that the coronavirus played a part in Flybe’s demise. The spread of the deadly disease is having a devastating effect travel and tourism. ...

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