Nothing in our lifetimes has had a greater or more rapid economic impact than the Covid-19 crisis. Its effects have been felt faster and by more people than even the crisis of 2008. How will it play with the already strained relationships of the US and China, or the UK and EU? Luca Mezzomo, Intesa Sanpaolo’s head of macroeconomic research, outlines his thoughts on the global economic outlook after Covid-19 in this, the first of five macroeconomic discussions.