From Andrew Schwartz <[email protected]>
Subject By The Numbers: Bear Market, Oil Price Wars, and More
Date March 15, 2020 2:59 PM
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By The Numbers

Each week, we'll share with you some of the most compelling numbers in our studies.
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** 20%
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Due to fears of the novel coronavirus and its economic impact, international indices have entered bear market territory, or a decline of at least 20% from the 52-week high.

SOURCE: "The Global Economic Impacts of COVID-19," by CSIS's Stephanie Segal and Dylan Gerstel.
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** 10 Million
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Last Sunday, Saudi Arabia announced it would increase its oil production to 10 million barrels per day, causing oil prices drop 30%.

SOURCE: "Oil Price War," by CSIS's Sarah Ladislaw.
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** 120 Miles
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In a single day, the swarms of locusts ravaging crops in East Africa and South Asia can cover 120 miles and destroy crops sufficient to feed 2,500 people for a year.

SOURCE: "Africa and Asia Have Several Hundred Billion More Problems besides COVID-19," by CSIS's Christian Man and Eilish Zembilci.
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** 6%
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While China possess nearly a fifth of the world's population, it controls only 6% of global freshwater resources.

SOURCE: "How does water security affect China’s development?" by CSIS's ChinaPower Project.
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