Vice Chair, Board of Trustees, CSIS Foundation and
Former Co-Chair of PECC
The year had just begun when news of the coronavirus outbreak shook the world. The World Health Organization declared it a pandemic when the new virus, which causes the disease COVID-19, crossed international borders and spread rapidly into many countries of different continents.
Over two months later, another bombshell hit the already shaken world: a drastic drop in oil prices as a result of strong disagreements between Saudi Arabia and Russia.