As the pandemic cripples the business sector, the global economy now hangs by a thread. Operations are on halt and industry recessions are expected to happen, making Coronavirus a disruption causing a significant impact on the economy.
After the Philippine government imposed an island-wide lockdown on Luzon, the streets of Metro Manila have been quiet and empty, hours after the government. In a bid to contain the spread of the Coronavirus disease (COVID-19), community quarantines have been implemented.
Around the world, the Coronavirus disease (COVID-19) pandemic has upended our daily lives. The economic uncertainties surrounding the outbreak have already resulted in disruption in the lives of millions around the world. This week, we examine the Coronavirus’ impact on the economy so far.
After being a member of the EU for 47 years, the United Kingdom has formally left the European Union on 31 January 2020, after more than three years of voting to leave. It remains to see what the impact of Brexit on small business will be.
When we hear the word “war,” we usually think of guns, tanks, and spies. But there’s another kind of war that has been in the news lately: trade war, particularly the US-China Trade War that the Trump administration launched last year.
Last Tuesday, Boris Johnson won the race for the position of United Kingdom’s prime minister. In his recent address outside Downing Street, he pledged that he will “fulfill the repeated promises of parliament to the people and come out of the European Union (EU) on 31 October, no ifs or buts.” What are the implications of this? We explore what is Brexit and how it can affect economies across the pond.