Question

The effects of Covid 19 outbreak in global markets are expected to be evaluated and interpreted

Answer 1

COVID-19 was first declared by the World Health Organization (WHO) a world health emergency in
February 2020. The virus was first identified in Wuhan , China, and was found in over 190 Countries and States in all the U.S. The focal point of infections moved from China in early March The focus shifted to Europe , especially Italy, but to the United States by April 2020, where the Infection rates were growing. More than 3.2 million people have been sick from the infection, Around one-third in the US, with thousands of deaths. More than 80 Member States Closed its borders on arrivals from contaminated nations, ordered the closure of businesses,

Foreign investors have drawn an estimated $26 billion from the development Asian economies and more than $16 billion out of India, a major economic concern grows Asian recession. Some figures also say that Latin America's 29 million population will fall Reversing a decade of attempts to reduce income inequality through poverty. More than 30 in Europe Millions of people have applied for State support in Germany, France , the UK, Spain and Italy
Their incomes, though figures from the first quarter of 2020 indicate that the eurozone economy is contracting by 3.8 percen The highest quarterly fall at an annual rate since the series started in 1995

Global trade and GDP are expected to decline Sharply, by the first half of 2020 at least. The global pandemic affects a wide variety of Foreign strategic and commercial operations, including services to tourism and hospitality in general; Medical supplies and other value chains around the world, consumer electronics and financial markets Power, transport , food and a host of social events, to name only a few. Health and Fitness The economic crises may have a especially negative impact on the developing economies Countries which are restricted by limited financial resources and where health systems are capable Soon become overloaded.