As 2020 draws to a close, it’s good to ponder over these 10 ways in which COVID-19 has changed the world economy forever.
Category: Economy
The Coronavirus oil shock
2020 was not only a year of coronavirus. It was also a year when oil prices turned negative. Check this infographic that shows what the
Picture of Trucks stranded on UK airport runway
You should be seeing planes and not trucks on an airport runway. The border crossing between the UK and France was closed due to fears
Even Coca-Cola is retrenching as a result of global slow down….
Coca-Cola is axing 2,200 jobs globally amidst the global economic slowdown in the 2020 year of COVID-19. This represents 2.5% of its global workforce. This
Singapore sees rising incomes & falling inequality amidst the COVID-19 pandemic…
While most nations are struggling with income inequality, Singapore has managed to narrow the effect. And all these in the midst of Covid-19. This is
COVID-19 effect – Tokyo 2020 Olympics delay costs $2.6B
Organising the 2020 Olympics cost $17.4B. The delays and postponement added another $2.6B. This is what it cost the organisers. COVID-19 destroys revenue and also
High tech vegetable and sea-food farms taking off in Singapore…
Singapore has been importing most of its food due to a lack of land space that could be given to agriculture and farming. But with
