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.
It is primary to understand the meaning of retirement before planning because planning depends upon understanding the meaning. On searching retirement on google, you would get millions of search results spread over hundreds of pages. The first result would be the meaning of retirement. The literal meaning of retirement is ‘the action or fact of leaving... 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 →