World Economy after covid

usa update World Economy covid

The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of the virus. The June 2020 Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt to prospects for growth. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020. What will the world look like after COVID-19? Many of the problems we will face in the next decade will simply be more extreme versions of those that we already confront today. We expect a rise of digital behavior such as remote working and online learning, video streaming and conferencing, telemedicine, and food delivery services.

Not long ago, some rather interesting things happened on the world economic front. At that time, popular stocks in the leading stock markets came to fall by about 20%. The stocks made an attempt to resuscitate, especially when the European central bank announced that there was a plan to improve things through collaboration with the Eurozone market. There was no indication of definite plans on how this would actually be done. Nevertheless, many celebrated this announcement with the hope that, at last, some light was coming out of the tunnel. A little dim, but a hopeful point, nonetheless.

Then other interesting things came. Like a thunderbolt, China announced a major decline in the national GDP by a whopping 6.9%. This was, apparently, the lowest decline in national fortunes for more than 25 years. Today, the leading world economic leaders are saying that this might affect the world in a way that is vastly unimaginable.

Have you ever thought about it? What is really common between China, oil and the steel industry? Plenty, some people say. In reality, these diverse entities may have several things in common: Anxious faces, unsteady guts and a nail-biting tendency. This is, perhaps, what they all share in common.

As we talk, you are probably planning to have a skiing session out on the slopes of the Alps in Switzerland, or some other fancy place. It is understandable that, at such times, you probably do not want to hear the term recession mentioned. Of course, if you are a banking mandarin planning to get more interest over money belonging to others, such a word is not welcome either.

Yes, who can doubt that China is today one of the world's secret superpowers? For this reason, if China is ridden with the smallest issues that some may think is not significant, the ballooning effect in the world economy could be truly devastating. They could be some huge challenges lurking on the way. The changes can be quite compelling as well. The trials might be both short-term and long term. In this situation, who will be able to lift his head out of the deep economic abyss?

Some also ask: What is really going on? Interestingly, some have made their case claiming that in the next few months or years, the world will have less demand for fuel. But this might just be a mere hypothesis. In the midst of this, a valid question comes: Is the world becoming gradually less dependent on oil from the Middle East? Can this really happen? If this is so, the prices will drop with less demand. Even so, many areas of the world economy are usually affected adversely when the prices drop in this manner.

But the world market is generally affected by so many factors other than the price of oil. Truly the world shares and stocks are not just affected by the uncertain oil market. Other significant areas of the economy are getting affected by the day. One of this is a celebrated giant in the name of the mining industry. Consider countries like Brazil, Russia and South Africa. In these countries, the prices of mining shares have been steadily dropping over the years. With this trend, you can guess that after a while, the overall prices of ordinary commodities will follow suit and drop significantly.

Have you heard of the cataclysmic term, Armageddon? Yes, to many people Armageddon means destruction, utter loss, disaster. Today, some major financial authorities are pulling in all directions in the attempt to catch up with the perpetually slipping prices of stocks. An Armageddon in the making?

Nevertheless, in the midst of all these, shouldn't we be optimistic? We expect that the world economy will rise up again, like the proverbial phoenix, at the end of the day. Nevertheless, the journey is filled with lots of challenges. While we all love to be optimistic, it might be wise to entertain what many call ‘a guarded optimism'. The signs are crystal clear: there could actually be another round of world recession looming on the wings.

At one time, in recent years, the world economy was estimated to grow at the rate of 3.1%. Nevertheless, several factors eventually worked against this initial positive trend. The highly delicate economies of nations like Brazil, Russia, coupled with the Chinese crisis as well as trouble at the US Federal Reserve Bank all combined to spell doom for the momentary glad tidings.

Where, then, will we get some real good news? Only the passage of time will tell.

The World Is Getting Greener

The World Is Getting Greener

The NASA satellites have revealed in a recent report that the world is greener than it was 20 years ago. The study shows that China and India are the two emerging countries which have the world's biggest population and now are leading the world to become more greener in the past years. The study further claims that the reason behind this massive change are the various tree planting programs in China. Also, the boost in agriculture in both the countries is one of the reasons for this change. India broke its own record of planting trees in 2017. Volunteers planted 66 million saplings in just 12 hours in India, which is a very big thing indeed.

NASA had an instrument that orbited the Earth on two satellites for 20 years. This instrument recorded this data. The instrument is known as the Moderate Resolution Imaging Spectrodiometer. In short, it can be called as the MODIS. This instrument provides a very high-resolution data with accurate information. With the help of this instrument researchers concluded that the world is greener as compared to the past 20 years. NASA reports that the world has become greener and the amount of leaf area on plants and trees can be equivalent to the amount of the area covered by the Amazon Rainforests. In other words, there is an addition of two million square miles of green leaf area in the world as compared to the year 2000.

However, China and India are said to be accountable for the one-third of this greening. Moreover, the MODIS satellite sensor has captures about 4 shots of each place on earth in the past 20 years. This instrument is considered to be a helpful resource to research on long term progressing of different subjects such as the earth's climate. A research scientist said that when they noticed the greening of the earth, they first thought it was because of the warmer and wetter climate. A warmer and wetter climate adds carbon dioxide to the environment which initiates more leaf growth. However, the MODIS later revealed the true picture that why the earth was getting greener.

China and its vast population has however played a 42% role in conserving forests. The particular programs to conserve and expand forests were conducted by the country to reduce soil erosion, air pollution and climate change. However, it leaded to a greener world. Whereas, India participated in a greener world by doing intensive cultivation of food crops. Both the countries have played an important role in the greener world by cultivating food crops. This was done through multiple cropping practices. When a field was harvested, it was again cultivated to replant, which in turn produced multiple harvests in a year. The production of food crops have increased by 35 to 40 percent in the past years. The reason behind this is the large population of both the countries.

We hope and pray that the greening process doesn't change In the upcoming years. However, if it may change there may be a number of factors behind it including the groundwater irrigation in India.

Entrepreneurial Success in the USA

Entrepreneurial Success in the USA

Beatles were not the only ones to get their success in the USA. A couple of small businesses like the British firms have found a massive amount of success in this diverse country as well.

The founder of "Soda Says", Grace Gould launched his tech product in the retail business of United States last year. According to him, one could not apply a marketing strategy of a certain country to another because it might not work.

A couple of factors matter when you are implementing a strategy of a certain country. For instance, the press is not a strong component in the USA news as there are only a few media brands covering the entire country. The business here needs to be taken state by state. Whether it is USA or any other country, it is important to know the rules and regulations of the law first. Founder of "Choose a Challenge", a travel firm (in photo) which was launched in Connecticut; said that some states made the firm jump through complex regulatory hoops. The firm is now expanded in to eight other states of America.

Also, it is important for businesses to know the law of USA, before establishing a business there. Firms need to hire a lawyer. A lawyer provides you a good grip of rules and regulations. Legal firms bring you the knowledge, that could help you flourish your business and help to encounter the challenges you might face in the future. For instance, the E2 Treaty Visa is for the British businesses who want to set up the offices of sales in the USA. For this, you need to show a certain amount of investment and a plan needs to be represented that answers the question, "Why is the company setting up a business in USA?". If one cannot afford the cost of a legal lawyer in the beginning, then he can start it off by hiring a local. Phenomenal talent can be witnessed when one starts exploring among the locals. The locals can be hired on a short notice, making your hiring decisions adequate for you. Cofounder of an executive recruitment firm TritonExec said that when someone needs to establish a business they need to think as a team, rather than separate entities. A benefit of one would result in the benefit of the other. Therefore, a sense of teamwork is mandatory in order to achieve success and the goals of an organization. He believes that assigning each US employee a UK buddy could bring a sound knowledge of the two states to each other.

According to a study, USA is more expensive in comparison to the UK. The shipping costs is at least three times more expensive because of the country's immense size. Charges of every service is higher. MS Gould suggested in a USA event, that Ad companies and PR consultants could charge companies a certain amount in a single day then what one expects to pay in an entire week in UK. Whereas, American entrepreneurs said to have a business style and confidence that lacks in the British entrepreneurs. It is said that the Britishers need to leave their humble attitude at the door, while setting up a business in USA.

Best wild watch and spring destinations

usa spring update

The secrets that are not know in America's tourist destination is best known to wilderness lovers and explorers. Apart from the famous large and wide forests, several hot springs and other eye catching landscapes, there are other destinations that you can pay a wholesome visit.

Protection of the ecosystem and the wildlife in one of the world's pioneer national parks was one of the best decisions our fore fathers did. At Yellowstone Park, the wild animals and geothermal fields presents one of the most fascinating features that you can visit.

With boiling water rising above one hundred and sixty fourth feet above the ground, the old faithful is the cornerstone and backbone of Yellowstone's quench for tourism. It preserves the history of volcano eruption. It is easily accessed through a gate found to the ecosystem south side. Apart from being a volcano site, the old faithful is also a major stop over site that you can be able to see the geyser basin on the upper end.

Yellowstone Park has shifted to the current trends of digitization and made their own app that guides tourists in and around the game park. The app is of help when planning to visit the volcanic sites of the park, a place that features to hold the highest number of springs around the world.

There are various viewpoints around the park and you are left to choose which best suits you. There is a walk platform that is constructed using recycled tires from vehicles around the park. There is also another viewing site that is one mile away known as the trail point of observation that will give you the great view of forests , the fountains and the old faithful sceneries from above.

If you want to view eruptions as they happen, take a two and a half mile drive to the southern part of the old faithful to a place that is known as Lone star spring. The place is not visited more often,maybe due to its distance into the erupting springs. Off the kelper cascade area of parking, a six mile drive will take you to a place called Delacy Trail that is even more lifeless.

Using the same route, a drive of another six miles will bring you to lake called Shoshone. It is the largest body mass that is within the national park. It is characterized by having beaches of black sand and presents the best environment for camping.

The basin of springs in the Midway is straight to the north of the old faithful. This place has a beehive of geothermal action and is made more spectacular with the hot fountains of the Prismatic Grand. The fountains presents a very beautiful scenery for viewers at they emulate spectacular patterns that bring out different views on site.A two mile drive of the Prismatic area is the Fountain view point where you can see all the volcanic activity site of Yellowstone.

Yellowstone River passes through waterfalls and the canyon sites along the northern part of the central national park. Standing tall at three hundred and eight feet high, the Yellowstone lower falls becomes the highest waterfalls. The water runs through the parks forest until it reaches the Grand Canyon where it gashes through a rock at over nine hundred and eighty four feet.

There are a variety of ways in which you can make through Yellowstone Park, apart from driving. There are horses that offer rides through designated routes where you can as well get a treat of a lifetime. To tour areas with snow, there are several operators for Ilama trek's that are licensed to ferry people. At the national park of Yellowstone,you come to experience wildlife at its very harshest and most memorable.