The world economy is far from where it was in 2019. The economic growth of most of the countries is negative though better than the last quarter. The negative impact of COVID-19 on the financial well being of the countries and masses is yet to be eradicated. The story of the year 2020, without any doubt, is the story of a disease that caused immense pain to humanity. The COVID-19 pandemic and its effect is the main story of 2020, but some other important events too made the headlines. Some important political events and horrific environmental disasters also took place in 2020. Let's take a look at some of the significant events of the year 2020, along with COVID-19.
he world has engulfed into an unprecedented economic crisis due to the COVID-19 pandemic. Initially, COVID-19 was started as a global health crisis with limited implications on the economy, but soon it became an economic crisis. The COVID-19 crisis highlighted the flaws in current prevalent systems. The Economic system, Healthcare System, Environmental protection, and Social System need immediate revamping for the continuous and healthy growth of the world.
COVID-19 crisis has brought many flaws in our system and society at the center stage. The current economic and administrative system proved incapable of handling the economic and health crisis simultaneously. It also reminded us that even after the struggle of centuries for social development, we are far from achieving the objective. The COVID-19 has... Continue Reading →
SARS-CoV-2 or Covid-19 is a zoonotic disease, meaning it has been passed from the animals to human beings. According to scientists, the number of emerging infectious disease outbreaks has more than tripled every decade since the 1980s. Approximately 70 percent of these emerging diseases in humans are of zoonotic origin, and there are 1.7 million undiscovered viruses likely to exist in wildlife. COVID-19 virus belongs to the family of viruses responsible for deadly diseases such as SARS and MERS. Diseases such as Ebola, HIV, swine, and avian flu are also zoonotic diseases. The reason for COVID-19, MERS, and SARS is the consumption of wildlife carrying the viruses.
Today the world is facing a deadly virus called COVID-19 or Coronavirus, which has affected millions of people worldwide and exterminated thousands. Coronavirus pandemic has forced governments and world bodies to take unprecedented measures (Lock-downs, curfew, etc.) to contain and eliminate the virus and roll out funds (in trillions) to subsidized its impact on economies... Continue Reading →
With a large part of the world in Coronavirus lock-down, people are looking for engaging entertainment at home. Reading classic novels is the perfect solution to kill your boredom during the homestay. As online and offline sellers both are not in the position to provide you paper books, a list of five classic novels which you... Continue Reading →
“ANYONE WHO STOPS LEARNING IS OLD, WHETHER AT TWENTY OR EIGHTY.” —HENRY FORD Many Governments across the globe are mulling the idea to extend lock-down beyond the pre-decided dates and others would keep the partial restrictions on the movement of citizens and opening of the businesses for some more days, which means people would have... Continue Reading →
An economic forecast which only gives the direction without the exact figures is fairly good for the economist as well as the dependents on forecasts. Forecasting about events based on past and prevailing situations is a very old practice. In old times, Kings kept forecasters/sages to predict the war, health, weather, state of affairs, future... Continue Reading →
Everyone is worried about the recession hitting the global economy due to the Coronavirus pandemic. All international organizations are predicting a slowdown in the global GDP and millions of job losses in every sector. ABD has recently announced that due to Coronavirus, world growth would be slow down by 0.1%-0.4% (US $77 – US$ 347... Continue Reading →