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Showing posts with the label Covid-19

Post Coronavirus - The Economic Impact - Part 2

In the second blog of the duology exploring the disparate footprints being left by the coronavirus, I will be focusing on the various economic impacts that has been caused by it. The virus has caused a global recession that can only be comparable to the Great Depression of 1929. It has led to 100 million people losing their jobs globally and countries have had to close down their economies in order to tackle the virus. The stock market had crashed in February, although it had risen up in May because out of the 5 investing options( Stock Market , Gold , Bonds , Mutual Funds and Real Estate ), the 4 apart from gold were on a downturn too. Hence, investors had little other choice rather than investing in the stock market. Most sectors have been impacted in a negative manner mainly due to the business restrictions that the governments have imposed upon their country. Among the sectors which have been hit hard is the Information sector, where 254,000 people lost their jobs in the U...

Post Coronavirus - The New Normal - Part 1

Our world is being rampaged by the coronavirus(Covid-19) and new personal and social norms have been created in order to prevent the spread of the virus. As we are unsure whether if the virus will be eradicated or the fact that it may continue to remain on earth, we have to equip ourselves for the future in order to be able to live with it. In this blog which is the first of a duology, I will be looking at 3 normal features that we were accustomed to before the spread of the virus and how these features will be reshaped and remodeled in the future. I will also be giving my predictions on what we can expect from these changes in the future. 3 features of the ' Old Normal ' and how they will be modified for the ' New Normal '. 1. Wearing A Mask In Public Prior to the Covid-19 spread, it was not at all necessary to wear a mask in the public. Moreover, people who were sick were only encouraged to wear it. However, it is now made mandatory for everyone to wear a...