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Key maps and charts explain how the virus has impacted markets and businesses around the world.
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Scooped by Graham Watson |
Scoop.it!
Courtney Green's curator insight,
April 1, 2020 3:56 PM
This article shows some staggering data regarding how much the Covid-19 has impacted the economy worldwide in just a short time. Its rather frightening how one serious incident can uproot and showcase the underlying instability of the markets. The travel industry as a whole is one of the worse suffering since many places worldwide have ordered people to stay at home and have put travel restrictions in place. In the U.S, as job layoffs increase and businesses shut down, the unemployment benefits filing hit a record high of 3 million people. This is a clear indication of the trouble we are walking into as a nation. This will have long-term effects on the U.S economy and economies around the world.
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The coronavirus latest: all the information you might want here - detailing the collapse in share prices (why are markets still open, given that any putative valuations are clearly guesswork?) restaurant bookings, the demand for cars in China and, on the flip side, the improved air quality in China too.