Economy

COVID-19 Hardest Hit Industries

COVID-19 was first detected in December 2019 by health authorities in Wuhan City, China. Since that time, more than 858,753 cases have been confirmed worldwide and the virus has spread to more than 202 countries and territories around the world, causing over 42,156 deaths. The COVID-19 outbreak is causing a global emergency and the World …

COVID-19 Hardest Hit Industries Read More »

COVID-19 Global-Impact: Global Economic and Supply Chain Effects

At the rate it is spreading across the globe, COVID-19 has become a global nightmare. Since China informed the World Health Organization of a cluster of 41 patients with mysterious pneumonia on December 31, 2019, the world has seen COVID-19 cases balloon to 785,777 across 200 countries and territories, with 37,815 deaths at the time …

COVID-19 Global-Impact: Global Economic and Supply Chain Effects Read More »

COVID-19: Global Economic Impact

With confirmed cases of COVID-19 now numbering well above 330,000, precautionary measures aimed at slowing the pandemic’s spread are becoming more prevalent. Close conversation, traveling, and hanging out in crowds can elevate one’s chance of becoming infected with the SARS-CoV-2 virus, which spreads through the droplets produced when you sneeze or cough. As a result, …

COVID-19: Global Economic Impact Read More »

COVID-19 Economic Impact on Global Financial Market

The COVID-19 pandemic may affect the global economy in three key ways: by creating market and supply chain disruption, by directly affecting production, and by its financial impact on financial markets and firms. However, a lot depends on the public’s reaction to the disease. COVID-19 is a disease caused by a virus known as SARS-CoV-2. …

COVID-19 Economic Impact on Global Financial Market Read More »