Impact of Coronavirus on Global Economy
Impact of Coronavirus on Global Economy
We are caught like fish in a barrel, unable to pursue our lives in a normal way, confined to home or abroad
Global Spread: 95.000 Reported
Coronavirus has shown its Capacity to travel the world, there are no boundaries for this virus, so be super careful not to be exposed to it directly from social activities, Countries are closing borders or setting stringent measures to remove the infectious virus from entering their countries.
Recent reports from the BBC, [Now With Podcasts on the corona-virus] states that UK, Europe, Jerusalem have raised precautions following outbreak of infected persons have given concerns outside of the norm.
IMPACTING TOURISM
Tourism has taken a plunge as airlines are forced to shut down and Flights canceled, Cruise liners forced to carry out testing process and terminate the voyage
IMPACTING BORDER CROSSING
Country borders are tightened to returning citizens who are having to go into Quarantine
Foreign visitors leaving are also facing strict quarantine and health checks
IMPACTING MARKET TRADING
Stock Market trading USA, JAPAN, UK and other Worldwide are anticipating a worse situation as the markets have already shown confidence drop JAPAN DROPPED 3%
BUSINESSES BRICKS AND MORTAR
small businesses Have closed, not able to sustain overhead cost and no revenues
Quarantine
Restrictions in Movement Has caused supplies, transit, and logistical nightmares, goods and services are not being delivered or supported
IMPACTING Events [pending]
Italy
UK ~ Premier league
Portugal
Are Cancelling Meetings and Matches, any future schedules are on hold pending the thumbs up on corona-virus remedy.
Palestine: Bethlehem Church
Corona-virus: Suspected cases Bethlehem
Churches and mosques in occupied West Bank shut as Palestinian Authority prepares for possible outbreak
It is Believed Infection began in the working area of tourism where Direct and personal contact with overseas clients were suspected to have been made, shrines possibly being restricted to Followers to prevent the act of Kissing icon.
IMPACTING GREETING
The Impact on Social Greeting, business meetings and other personal greetings how will that change?
HANDSHAKING ~ USA/ UK/ EASTERN EUROPEANS
KISSING ~ ITALY/GREECE/FRANCE/SPANISH
HUGGING~ S-AMERICA, MEXICO, AUSTRALIA, CANADA
Conclusion
THE WORLD IS TRULY AT WAR WITH THE VIRUS
There is more to come and ready of not it seems that still many Countries are unprepared for the outbreak?
After much scepticism on Chinese Government Delays on advising of the virus we find world sources months later still are scratching their heads and considering, with not enough preparations in readiness for the imminent outbreak!
The Chinese have done well to show their prompt action and measures to contain this dangerous virus
we are seeing recovery in China so does this mean the World should take a straw from china’s cap on this effectiveness considering the size and population involved here?
Christopher