BBC: Coronavirus: Eight charts on how it has shaken economies
The coronavirus outbreak, which originated in China, has infected tens of thousands of people. Its spread has left businesses around the world counting costs.
Here are eight key maps and charts to help you understand the impact seen on different economies and industries so far.
Global shares take a hit
Read more ....
WNU Editor: The U.S. stock market has lost $16 trillion in the past few weeks. Throw in the other markets and on how much they have lost. WOW!!!! I can easily see a market lost approaching $35 trillion (if not more). And if the economies of Europe, Asia, and the U.S. are forced into a shut down that could last from 2 weeks to 2 months, the loss of global GDP is going to be approaching numbers that have never been reached in the modern era.
Update: But all is not doom and gloom. The Chinese economy is starting to recover albeit slowly .... Coronavirus: China’s economy suffered dramatic collapse in warning to rest of world (SCMP).
5 comments:
Thanks China!
Buy baby buy! After the market cools a bit, the market will jump back quickly. Cheers
Not sure about virus itself. It could turn out to the big killer it is being billed as. I deem that unlikely.
Thus far the real economic damage isn't the virus itself. It's the (over)reaction to it that's causing the biggest problem. Basically the cures are worse than the disease.
Divorce rate spikes across China after 'couples spend too much time together during coronavirus home quarantine', officials claim
One office saw over 300 couples applying for divorces in the last three weeks
Another registry in Xi'an received 14 requests in one day, hitting the upper limit
Officials claim it's due to self-isolated couples spending too much time together
One city has put a daily limit to allow no more than 10 couples to divorce a day
It comes as China declares the lowest number of new coronavirus cases today
Coronavirus symptoms: what are they and should you see a doctor?
Video emerges showing Trump talking about cutting pandemic team in 2018, despite saying last week 'I didn't know about it'
Post a Comment