Global economy to take a £220 billion hit due to the COVID-19 Pandemic
Business all over the world will be affected negatively to the tune of about £220 billion in the first quarter due to the coronavirus pandemic. The world economy to suffer great economic loss in the first quarter The COVID-19 outbreak has thrown the world economy into a loss of about £220bn in the first quarter of this year, according to financial experts. Capital Economics has estimated that the world GDP growth would stand still for the first time in more than 12 years, even if COVID-19 goes away today. This warning came shortly after Top fashion franchise Burberry removed the profit forecast for 2020 as the pandemic outbreak threatens to run them out of business. The pandemic will cost the world’s economy more than expected. Capital Economics predicted global GDP growth would stall...
In the spotlight
An avenue of using AI to communicate with animals: A peep into Dr Dolittles machines
There have been various suggestions and innovations about speaking to animals, however, it seems we are getting closer than we think. Animals and Humans communication: An ongoing research A top animal rights proponent, John Lillys attempts to talk to animals, specifically dolphins have made many people interested in this endeavor. With various innovations which spans over decades, none as worked even telepath. His failures have spurred some people to do more research on the possibility of communicating with Animals. While some feel that it is impossible to do so as humans’ methods of communication are different from animals. A few experts think this barrier could still be lifted soon via the human-animal language impediment, which is fueled not by psychedelic optimism, but by the...
Global economy to take a £220 billion hit due to the COVID-19 Pandemic
Business all over the world will be affected negatively to the tune of about £220 billion in the first quarter due to the coronavirus pandemic. The world economy to suffer great economic loss in the first quarter The COVID-19 outbreak has thrown the world economy into a loss of about £220bn in the first quarter of this year, according to financial experts. Capital Economics has estimated that the world GDP growth would stand still for the first time in more than 12 years, even if COVID-19 goes away today. This warning came shortly after Top fashion franchise Burberry removed the profit forecast for 2020 as the pandemic outbreak threatens to run them out of business. The pandemic will cost the world’s economy more than expected. Capital Economics predicted global GDP growth would stall...
Focus on
Box Office domestic revenue falls to 40—year low in 2020
As a result of the pandemic, thousands of cinemas in North America have been closed for a good chunk of nine months. Meanwhile, those that have opened are operating at jaw-dropping reduced capacities. The effects of the pandemic on the Box Office revenue Usually mid-December is a launching pad for Yuletide fueled holiday season blockbusters. But this is not the case for Hollywood in 2020 because the theater owners are still struggling to handle the effects and impacts of the previous and current ongoing waves of the COVID-19 crisis. A virtual nine-month standstill in the movie industry has...
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