The economic cost of COVID19 is bigger than the great depression
The COVID-19 pandemic, that infected nearly 2.4 million people and caused the death of 170,000 people as of on 21 April 2020, has brought about an economic disaster at the global level. The International Monetary Fund (IMF) expects the world economy to shrink by 3 per cent this year. The economic growth of the Asian region is also likely to plummet to zero this year, which is the lowest one in the last 60 years. Even the Great Depression of the 1930s had not created as much havoc as the present COVID-19. Whereas the Great Depression mostly had an impact on Europe and the USA, COVID-19 has hardly spared any country of the world.
Covid19 has forced us to think about building a remote working culture
We are all working from home now. Whether we like it or not, this will be the new normal. Emergencies have a unique ability to fast-forward culture. Until last year, experts believed that within a decade, 90 percent of companies will be remote-first and globally distributed. The coronavirus crisis is likely to shrink that timeline.
Disruption of the global aerospace and aviation industry — and lessons for India
Now is time for India to rise to the challenge and be the leader in the opening up of the aviation sector.
Xi’s moves seem to be backfiring
Last week, the Chinese city of Wuhan, the source of coronavirus last year, raised its official Covid-19 death toll by 50%, bringing the death toll in the city to 3,869 and increasing the national Chinese total to more than 4,600. Reiterating that there has been no lack of transparency, the Wuhan officials suggested, this increase had to do with updated reporting and deaths outside hospitals.
COVID19 and competition for influence in South Asia
As Covid19 overwhelms healthcare systems and paralyzes economies across Western Europe and the United States, concern is growing about the potentially devastating impact of the virus in the developing world. Countries in South Asia are especially vulnerable because of their high population density and insufficient government resources.
Fallout of COVID-19: Japanese and Koreans to shift base from China to India
The outbreak of the deadly coronavirus in the Chinese city of Wuhan has dramatically altered the social, political and economic lives of millions in as many as 205 countries. No one can even hazard a guess the kind of life the people shall lead in the future as social and economic norms are going to be reset, requiring adjustment in quick time.
Mexico can teach us COVID 19 management
Links are tenuous between India and Mexico. This marginally upper-middle-income economy (per capita income $10,500 about the same as China) with a population of 126 million (about the size of the state of Uttar Pradesh) doesn’t matter much geopolitically. It is tied at the hip to its powerful neighbour- the United States. No reason, therefore, for Indians to engage with it deeply- beyond the delectable Tacos. Or is there?
How Is COVID-19 reshaping China-India relations?
The global pandemic has hit amid the 70th anniversary mark for relations and affected perceptions and realities in ties.
The battle to set oil prices
Russia’s move to reject production cuts is driven by its strategy of denying market share to U.S. shale producers
Leadership in the time of Corona
Prime Minister Narendra Modi’s address to the nation regarding coronavirus last week and its public receptivity has been largely positive. His was a calm and composed reassurance befitting the leader of a populous democracy that while the governmental machinery is doing its best, the responsibility also lies with the people themselves to make sure that things do not get worse.