Global Economic Impact Of COVID-19
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People wearing surgical masks in China during the 2019-2020 coronavirus outbreak (Attribution: Studio Incendo,https://creativecommons.org/licenses/by/2.0/deed.en, Presented at: WindermereSun.com)
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Coronavirus COVID-19 Global Cases by John Hopkins CSSE
Up to date global information and data on COVID-19
The human cost of the coronavirus outbreak is climbing across China and beyond. The economic cost is also mounting, mainly, but not only, in China. The global market is tumbling. So what is the global economic impact of Covid-19? In the video “Coronavirus: How is it affecting the economy? – BBC Newsnight“, below:
Four days ago Dow dropped more than 1,000 as COVID-19 surged and created much uncertainty in the market, in the video “Dow drops more than 1,000 as COVID-19 threatens global economy“, below:
Dow Jones Industrial Average lost 1,030 points on Monday, just the third 1,000-point decline in the Dow’s history and the worst drop in more than two years. A surge in novel coronavirus cases and a worrisome spread of COVID-19 outside China sent investors running for safety, in the video “Markets plunge on fears of coronavirus spread“, below:
Investors are on the retreat world-wide as fears of the coronavirus deepen. Supply chains are starting to falter and tourists are staying home. The virus is also sparking the sell-off of pandemic bonds. As the business community struggles to predict the coronavirus’ economic fallout, observers warn the virus could be the final blow that throws the world economy into recession. The Dow Jones had its worst one day point drop in history, tumbling almost 4 and a half percent. That sentiment spilled over to Asia with Tokyo’s Nikkei shedding 3 point 6 percent today. And Hong Kong’s Hang Seng also closed down 2 point 4 percent in the video “Coronavirus fears send global markets into freefall, DW News“, below:
In a world which depends on global trade, the coronavirus is causing economic mayhem, in the video “Coronavirus spread triggers economic downturn fears“, below:
As the World Health Organization upgrades the international risk assessment of COVID-19 to its highest level, the Donald Trump administration is downplaying the outbreak. Jackson Proskow reports on how the White House is explaining the media coverage of COVID-19, which continues to take down the markets. Meanwhile, Crystal Goomansingh looks at the impact COVID-19 is having around the world, including the first death in Britain, in the video “Coronavirus outbreak: U.S. braces for rise in COVID-19 cases as WHO raises threat to “highest level”“, below:
The virus that quarantined entire cities in China has spread far beyond, raising the specter of a global pandemic. As cases of novel coronavirus rise in other countries, panic is rippling through financial markets. Grant Thornton economist Diane Swonk joins Judy Woodruff to discuss the virus’ economic impact, including effects on travel and tourism, global supply chain and consumer demand, in the video “Why the economic impact of COVID-19 might outlast the outbreak“, below:
In the video “The Chinese Economy in Focus: Impact of COVID-19 & More, Podcast“, below:
Reality Check with Wang Guan: Headlines vs Trendlines: Economic Impact of #COVID-19. How badly is the coronavirus hitting the Chinese economy and global economy? What should global investors know about COVID-19? In the video “Headline vs trend-line: Economic Impact of COVID-19“, below:
Leaders and experts have said the economic impact from the ongoing COVID-19 outbreak is surpassing that of the SARS epidemic in 2003. The rapid spread of the coronavirus has hit many major industries, from tourism to auto manufacturing. Gareth Leather, Senior Economist for Emerging Asia at Capital Economics, shared his insights on this, in the video “Expert on economic impact from COVID-19 outbreak“, below:
Many people are still unsure what exactly they should do to protect themselves from the coronavirus outbreak and how concerned they should be about the situation. CBS News medical contributor Dr. David Agus joined CBSN to help us understand the latest developments, in the video “What you need to know as coronavirus outbreak reaches “decisive point”“, below:
The Washington Post was first to break the news of a whistleblower who says federal workers greeted evacuated Americans returning from the center of the coronavirus outbreak in China without proper training or infection control protection leading to questions about how Trump’s team is handling the health crisis, in the video “Rpts: Trump Team’s Coronavirus Response Mired By Protocol Breakdown, The 11th Hour, MSNBC“, below:
On the lighter side of thing, President Trump, who initially brushed off fears of a Coronavirus pandemic in this country, is now attempting to blame Democrats and the media for inciting panic about the disease, in the video “Trump Fears The Coronavirus Crisis Will Spoil His Reelection Campaign“, below:
While President Trump prefers to blame Democrats for the stock market’s nose dive, the country he leads is concerned about his administration’s disorganized response to the Coronavirus crisis, in the video “Wall Street Panic After Trump Unveils Lackluster Coronavirus Response Plan“, below:
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- Americans Should Get Ready: It Is Not A Question Of “If” But “When” COVID-19 Will Spread In USA
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- Update Of COVID-19 Or nCoV-2019, As Of Feb. 19, 2020
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- World Health Organization Declares Coronavirus Outbreak An International Emergency
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Gathered, written, and posted by Windermere Sun-Susan Sun Nunamaker More about the community at www.WindermereSun.com
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