Succession planning in sport: From kings to loose-heads

Co-ordinating public, private and voluntary healthcare providers will help deal with the crisis and communities have offered strong support – but former senior NHS official Audrey Mc Donnell asks will it be enough?

From helicopter money to a co-ordinated EU bailout, governments and central banks need to move fast to address the economic side of the coronavirus crisis.

Between households and indigenous enterprises, Constantin Gurgdiev does the math on the level of income and credit support required to keep the economy on life support during the crisis – and calls for a whole new form of money printing to finance it.

Roundly dismissed in the past, the stunning spectre of major central banks creating and spending vast quantities of money without recourse to taxpayers or bond markets has propelled Modern Monetary Theory towards the mainstream.

Spending now will save tomorrow's economy, so this is the moment to spend big and to spend fast. And we need a wage support scheme to be introduced today.

As an NHS commissioner Audrey Mc Donnell played a senior role in Britain battling swine flu. In her second column for the Currency, she writes that to control the infection and to protect staff, Ireland should move to the highest level of preparedness as soon as possible.

The impact of the virus has changed everything. Even the ECB know that with its pledge to buy up public and private debt. We have no comparison. Will caution cause a worse crisis to ensue, and do we need a new programme for economic expansion after Covid-19?

Amid heightened international agitation by foreign governments over the global tax code, our Mapping Multinationals series showed just how crucial Ireland is to the global operations of many global titans – and how crucial their success is to us. But have we gone too far?

Algorithmic trading and risk parity strategies perform in rising and falling markets. Unless of course, volatility in all asset classes rises at the same time in an aggressive manner, and the prices of stocks and bonds fall at the same time - like what happened in recent days.

Ryanair won’t rule out full grounding of its fleet. Flutter Entertainment warned of a £90-110 million hit to full-year earnings. Willie Walsh postponed his IAG retirement. But if you want to see the real panic stalking the market, look just what happened to Penneys owner ABF.