19 November 2020
This Week’s COVID-19 Snapshot
The weekly snapshot provides expert insight on the outbreak and its widespread impact. In this edition, we examine the extent to which Colombia’s economy will rebound from the impact of COVID-19, how the low oil export revenues, collapsing supply chains and US economic sanctions will increase food shortages in Venezuela and more.
19 November 2020 – Venezuela
Predictions:
- Low oil export revenues, collapsing supply chains and US economic sanctions will increase food shortages
- Evolution of alternative small-scale food distribution networks will not significantly ease shortages
- Foreign companies will remain highly reluctant to invest in Venezuela, which will prevent any significant increase in local food production
19 November 2020 – Colombia
Predictions:
- Economic growth shows sign of rebounding, but recovery will be long and slow
- Ongoing COVID-19 infections and time required for vaccine roll-out will continue to curb growth into 2022
- Persistent economic hardships will fuel social protests, which could further slow recovery
18 November 2020 – Jordan
Predictions:
- Electoral wins for pro-palace MPs will limit opposition to king’s legislative agenda but tackling COVID-19 will remain priority for now
- Government will likely consider new nationwide lockdown in coming weeks in order to curb spread of virus
- New parliament will remain supportive of economic reforms ensuring continued IMF support
17 November 2020 – India
Predictions:
- Rising COVID-19 cases in Delhi indicate air pollution and winter weather will cause similar increases in northern urban areas in coming weeks
- Lack of social distancing during religious festivities will contribute to higher case numbers, slowing nationwide decline in new cases
- Tighter lockdown unlikely, amid signs of economic recovery and broad approval for government’s handling of outbreak to date
