Showing 19 Results for: “economy�

----- Business -----

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2020: A repeat of 2008?




With huge economic strain given the impact of pandemic, it's time we question the leaders, the economists on whether it's a repeat of the history of the great recession of 2008?




A decade after the Great Recession of 2008, the global economy indicates the resurgence of economic complacency and unpredictability of markets as we dwell within close proximity of yet another global economic crisis.




 

Now: Main Street has collapsed






The current recession is not caused by a broken link within the system, but from an external threat, a worldwide pandemic. In order to keep the disease from spre... Read More

#economy #India #recession #2008 #Covid19 

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----- International affairs -----

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US Service Workers Strike: Highlighting Racism on 20th July




A US National Coalition of labour unions and racial and social justice organisations have decided to go on a mass strike from work from July 20th , as part of an ongoing protests on systemic racism and police brutality in the United States and to pay a tribute to George Floyd who was killed in a police brutality last month.

The organisers of the strike have demanded strict action by the Trump government to end the racism in an economy that has been choking off the economic mobility and career growth opportunities for many Black and Hworkers, who struggle to make a living amidst discrimination and are not able to rise up to higher positions at work.

The coalition has demanded for guaranteed sick pay, affordable ... Read More

#racism  #us  #georgefloyd  #donaldtrump  #strike  #internationalaffairs  #endracism 

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----- Lifestyle & Habit -----

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Money never sleeps but humans do!

India can grow two-fold by simply sleeping more!

Sacrificing Sleep is the crazy frenzy ‘Habit’ to end up making big bucks in this productivity-obsessed world. Inadequate sleep not only hinders individual health and well-being, but its effects ripple into the economy.

In pursuit of chasing money and fame, people are fast forgetting the power of sleep- a biological necessity and body’s own way of recovery. Vitamin M (money) has become the globally understood language.

Who saw a time where sleep had to be advertised? In lust for monetary increments, we, so called ‘rational consumers’ have lost sight of all rationale.

 In India, 93% of the population is sleep deprived which ... Read More

#productivity #sleep 

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----- Technology & Science -----

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Underground Economy: The Secret Fungi Kingdom

Even simple, brainless organisms are capable of sophisticated trading strategies. The workings of the subterranean society are almost unknown to scientists. What fungi networks and relationships reveal about human economies, and what they can tell us about inequality !!

In soils across the world, fungi trade resources with the plants they colonise in a mutually beneficial relationship. Over 80 percent of all land plants species have roots associated with fungi.
In the underground subway system, each root is a station, where resources are loaded and unloaded. And it's also very dense, so roughly the length of many meters, even a kilometer, in a single gram of dirt.


What does a root covered in fungi have to do with our global economy?
Trade... Read More

#fungus #fungi #microbiology #nature #plants #mycology 

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While China had stopped reporting a rise in the fresh cases of COVID-19 and was gradually returning 

back to the track, the virus has again begin to haunt it as new strains have been found in the Chinese 

capital- Beijing, causing the highest daily total of new COVID-19 cases in China in the last 2 months.



As of Sunday, a total number of 8 cases were reported, bringing the toll to 74, all linked to the Xinfadi 

wholesale food market in South Beijing's Fengtai district. The government officials have also reported an 

outbreak in another wholesale market of Haidain district of China. The Chinese experts claimed that the 

genome sequencing had shown that the strains were from Europe, however they are yet to know how it 

came in the Chinese markets.



Read More

#covid19  #coronavirus  #lockdown  #china 

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----- Lifestyle & Habit -----

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The world population as of now is over 7.6  Billion. Covid-19 has created a majot crisis in 2020. It’s caused by human activities. The pandemic, is a human overpopulation problem. It seems that we have not really understood the role that crowding and overpopulation play, as crutial reasons for the pandemic. There are two main factors at play. As the city expanded and sprawled, natural lands gave way to human settlement. But as more and more people live in crowded cities, it becomes harder to control a pathogen that takes days to manifest.



Overpopulation is accompanied by negative environmental and economic outcomes ranging from the impacts of over-farming, deforestation, and water pollution to eutrophication and global warming. While a lot of  steps are being taken to better ensure that humans stay sustained, the issue of overcrowding has made lasting solutions more challenging to find. The reasons are that Overpopu... Read More

#coronavirus  #covid19  #overpopulation 

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----- Health -----

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AstraZeneca is aiming to produce 2 billion doses of a coronavirus vaccine — and it could be ready by September

  1.  AstraZeneca plans to distribute 1 billion doses of a coronavirus vaccine to low and middle-income countries, with 400 million available this year.
  2. ·In addition, the U.S. and U.K. are set to be sent 400 million vaccine doses between them, starting in September.
  3.  The vaccine, named AZD1222, was originally developed by Oxford University in the U.K.

COVID-19 cases have topped the seven million mark today (June 08) globally. India too is seeing a surge in the number of cases every day. While there still is a long way to go before we put the pandemic behind us, trials and research are going on at warp s... Read More

#WorldfightsCovid #Covid -19

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----- International affairs -----

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WHAT IS G-7



The Group of Seven, as the G-7 expands to, is an intergovernmental organisation formed in 1975 to discuss and exchange ideas on a range of issues such as global economy, security and energy. G-7 presently has one the most advanced economies of the world i.e. US, UK, France, Germany, Japan, Canada & Italy. 



 



EXPANSION



•US President Donald Trump described G-7 as “very outdated group of countries”, and wants it to be rechristened into G-10 or G-11 by including countries such as India, Russia, South Korea & Australia to the G-7. 



•Trump discussed the plans of expanding G-7 with Russian President Vladimir Putin and Indian Prime Minister Narendra Modi. 



  Read More

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----- Business -----

Josh Frydenberg, the first treasurer in around three decade to preside over a recession remarked that a recession was an inevitable reality after national accounts show the gross domestic product falling by 0.3% in the March quarter. A report was released by the Australian Bureau of Statistics. The nation had a successful growth which was hampered by the recent coronavirus crisis and the impact of wildfires that Australia has been facing. Over the past twelve months the growth rate was only 1.4% , the weakest performance since the global financial crisis.



While Frydenberg said the contraction in Australia was less severe than many other countries battling the economic shock associated with the coronavirus pandemic, he warned people to brace for “difficult days ahead” because the June quarter results would be worse than the impact felt in March. According to Frydenberg “an economist’s version of ... Read More

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----- Traveling -----

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Following the 2-month shutdown nationwide, the economy had come to a halt with absolutely nothing and no one working. This led to believe everyone that they finally had time to themselves and that it had stopped where they could, for once do sit in the comfort of their homes and not worry about the deadline on which the reports had to be submitted. Unfortunately, the vacation has ended and it’s time to go back to school.

According to recent reports, the domestic commercial passenger flights will resume effective May 25, 2020.  According to the Civil Aviation Minister, Mr. Hardeep Singh Puri’s tweet, he claimed that the domestic flights across India would resume in a “calibrated manner”. The tweet also mentioned “All the airports and air carriers are being informed to be ready for operations from May 25. SOPs for passenger movement are also being separately issued by the Ministry of Civil Aviation&... Read More

#pandemic  #COVID19  #lockdown  #domestic  #flights  #resumption 

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You reacted Positive on this post

----- Health -----

What measures do you think the government should take during lockdown 4.0 to ensure the smooth opening of the economy without slipping into a worse health situation?

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----- Business -----

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Covid crisis has revived the health sector of India both in quality and credibility basis.

India can get advantage of situation of economic depression  prevailing in China .

India is not going to be effected much by global economy crisis as Indian economy relies mostly on it's own people.

Indian administration has got a golden chance to divert people towards ambitious schemes as Make in India.

#makeinindia 

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----- Business -----

Do you think that allocations done to MSME sector is sufficient to revive the economy.

#narendramodi 

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----- Business -----

Do you think the government new economic policy that aims at make in india and making india more self reliant amidst the times of a pandemic by measures such as TDS reductions, new tender laws and provisions for a small business would be successfully is saving the economy.

Economy#Newpackage #smallbuisness 

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Every Indian should be vocal for the local…. Today’s local brands were once local too but when the people started supporting them, they became global.” Stated by the honorable Prime Minister of India Mr. Narendra Modi addressed the nation March 12,2020 at 8PM. Within the speech, it was indicated that Lockdown 4.0 will contain new forms and rules, with certain relaxations to be provided, keeping in mind to follow the notions of social distancing, the government is planning to resume the public transport facilities to gradually facilitate the movement of citizens. While the decision may seem practical to boost start the economy, practically it’s asking to choose between life and livelihood. 

 

He announced the release of a package of Rs 20 lakh-crore which roughly sums up to 10% of India’s GDP. The aim of this package is to boost the stalled ec... Read More

#lockdown2020  #coronapandemic  #PMspeech  #lockdown4 

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----- Politics -----

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Prime Minister Narendra Modi addressed the nation on 12th May, highlighting how large number of casualties have occurred not just in India, but worldwide as humongous number of people have lost their lives due to a single small virus.

   Mr Modi announced a Rs 20 lakh crore economic package to deal with the market slowdown due to the unexpected virus which would "empower different sectors of the society. "

 It is expected to help India become self-reliant and effectively deal and overcome Covid19. The details of the package will be given later Finance Minister, Nirmala Sitharaman.

 Being self reliant could provide a good boost to our falling economy. It's highly essential to use indigenous products and be proud of it. During these last couple of months, India has learnt the importance of expanding and supporting local manufacturers, businesses and markets also to make ou... Read More

#coronavirus  #lockdown  #indialockdown  #PMspeech 

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----- Energy & Environment -----

Union Minister of Environment, Forest and Climate Change Prakash Javadekar represented India in the first virtual Petersberg Climate Dialogue on 28 April. The first virtual Climate Dialogue was the eleventh session of Petersberg Climate Dialogue. Is spending national resources on such meets globally by all the nations right now really necessary in this time of pandemic which has nose dived the global economies, whereas these resources could be saved to utilize them to protect the drowning economical environment globally?

#Worldeconomy  #Recession  #Worldrecession  #economiccrises  #Worldcrises  #coronavirus  #coronavirus  #coronavirusUSA  #India  #covid19  #covid_19  #coronavirusIndia 

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----- Technology & Science -----

India rises 4 places to 44th rank in world digital competitiveness rankings
India has advanced four places to 44th position in terms of digital competitiveness in the world as the country has made improvement in terms of knowledge and future readiness to adopt and explore digital technologies, according to a global report.
India rose from 48th place in 2018 to 44th rank this year as the country has improved overall in all factors -- knowledge, technology and future readiness -- as compared to the previous years ranking.
"India advanced four places to 44th position in 2019, with the biggest improvement in the technology sub-factor level, holding first position in telecommunications investment,"according to the IMD World Digital Competitiveness Ranking 2019 (WDCR).
To evaluate an economy, WDCR examines three factors: Knowledge, the capacity to understand and learn the new technologies; technology, the competence to develop new digital innovations; an... Read More

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