write an article on how covid-19 has changed with world
Answers
Answer:
due to cover 19 animals r freely roaming in some countries its like 1st animals were imprisoned humans were free but now it's reversed its like mother earth freeing herself by punishing humans who had hurted her n due to quarantine pollution has been reduced the ganga n many rivers have became clean
on other side the share market has completely fallen down n govt Treasury has become empty as no activities like import n export r not gng on..
International relationship
The Corona Virus has put the world in a reboot and reset mode.While the Governments are struggling to fine-tune a balance between saving lives and the Economy, the US and Europe did not lose time to up the ante with China. China stepped up its relief operations and was quick to send relief material across the globe. India too has reached out to China for COVID 19 related PPEs, blood test kits and KN 95 masks.
This is the time when international relationships will be reset. While the US is reportedly paying for its manufacturing industry to shift base back to the US, India needs to step up its diplomatic efforts in reaching out to Germany, USA, Japan and South Korea as a viable alternative to China with a minimum cost of relocation.
Corona virus effects on the world
The International Labor Organization has also said in a study that if a co-ordinated policy is made at the global level, the losses can be reduced to a great extent. In China, 5 million people lost jobs in January-February due to the economic side effects of Corona. This damage occurred due to the shutdown of work and business activities in all cities including Wuhan, Shanghai. The unemployment rate in China also increased to 6.2 percent in February from 5.3 percent in January. This can also have an impact on China's growth rate.
The deadly corona virus that is spreading rapidly around the world has severely affected the global economy. This has affected both demand and supply of goods and services. International crude oil prices have fallen by more than 50 percent since the first meeting of the World Health Organization (WHO) on Corona on January 24, amid increased supply of oil and decreased demand.
The impact of Corona on the world's businesses can be clearly seen, where companies are reducing their operations, employees are being asked to work from home and production targets are being reduced. The Organization for Economic Co-operation and Development (OECD) has estimated 50 basis points (2.9 percent to 2.9 percent in 2019) in global GDP in the first week of March in an interim economic review report. Significantly, 100 basis point is equal to one percentage point. While the Governments are struggling to fine-tune a balance between saving lives and the Economy, the US and Europe did not lose time to up the ante with China. China stepped up its relief operations and was quick to send relief material across the globe. India too has reached out to China for COVID 19 related PPEs, blood test kits and KN 95 masks.