Skip to main content

Unexpected Effects of CORONA-VIRUS

Image Source: Flickr


Corona-Virus is not setting down its pace. This virus is continuously effecting many countries by economically and by some climatic condition. Some effects are good for countries while some are not.
Because of this Corona-Virus many countries lock-down themselves for preventing from Corona. Due to this lock-down effects in climate condition, oil price, production of cars, share market and many more.

In our last blog we briefly explained the origin, effects on human of coronavirus. And in this blog we are going to explain the effects that Corona-Virus is impacting on all countries.

Effects that we are going to discuss in this blog are,
  • Top companies loses their profit.
  • Oil demand is shrinking for the first time in 10 years.
  • Oil price deduction of oil.
  • China is cleaning or destroying cash.
  • Dramatic effect of Coronavirus.

Top Companies loses their profit

Because of the lock-down many top brands closes their stores, due to which they are facing loses in the profit. In China many top brands such as Nike, Starbucks and Capri Holding closes their store because of lock-down.

Apple, one of the worlds profitable company announces to their investor that they can't meet the revenue guidelines provided for the upcoming march quarter.

According to CNN, "Disney, another major investor in China, could lose as much as $280 million while its theme parks in the region are shuttered. Both Shanghai Disneyland and Hong Kong Disneyland are closed indefinitely, and the company said its 2020 earnings will likely suffer as a result."

Oil Demand is Shrinking for the first time in 10 years

Image Source: Flickr

Because of this virus, government ordered an temporary lock-down causes all companies to shut their store. This lock-down causes to shuttered decline in oil demand around the globe. In the first three months of 2020 Global oil demand is expected to drop by 435,000 barrels compared to the same period last year.

Due to shrinking demand of oil around the globe causes a decline in price of Oil.

China is cleaning or destroying cash

In China Corona-Virus affected many buildings, parks, roads, metro-stations, airport, and many many things, this includes cash also. Now The People's Bank of China announced that they are going to disinfect its cash using ultra-violet rays and high temperatures.

Dramatic effect of Corona-Virus

Image Source: Nasa's Twitter account
This image is taken by NASA and clearly showing the emission of NO2 in china compare to earlier days and present day. NO2 is a gas that is emitted from production factories, vehicles such as cars and buses, power plants.
This decline in NO2 is majorly caused by economic slowdown and travel restrictions.

Image Source: CNBC
This image if from Venice the best place to spend holidays.In Venice, the often murky canals recently began to get clearer, with fish visible in the water below. Italy's efforts to limit the coronavirus meant an absence of boat traffic on the city's famous waterways. And the changes happened quickly.

Reference: CNN

Comments

Popular posts from this blog

Microsoft Edge is now ready for Linux

Image Source:- Techspot.com From recent period, Microsoft is planning to take step towards Linux by releasing its Chromium based Microsoft Edge browser. Microsoft Chromium based Edge browser already running on many flavors of Windows,  like Windows 7 up-to Windows 10, but now Microsoft is planning to span its area by providing Chromium based Edge browser to Linux as well as Mac. Microsoft's Edge is ready to come with dark mode and a set of exciting features to Linux. Announcing the news during its “ State of the Browser ” session (around the 8min 24 mark) at the Ignite 2019 conference in Orlando, USA, Microsoft say that Edge for Linux will be out next year. According to some rumors Microsoft edge is ready to launch for Linux on January 15, 2020. But personally I would not recommend to rely on these rumors because Microsoft haven't released any official release date for its Chromium based Microsoft Edge browser. For Microsoft's Chromium based Edge brows...

Asia's Richest Person is now new competitor of Amazon and Walmart's Filpkart

Image Source: flickr Asia's richest person is now ready for e-commerce market and ready to give tight competition to Amazon and Flipkart. After spending billions on new regulatory changes that Indian government made on this e-commerce market, now Amazon and Flipkart have to face new challenge. Mukesh Ambani the richest person of Asia is now going to start its own e-commerce platform, named JioMart . Reliance Retail and Reliance Jio, two subsidiaries of Ambani’s Reliance Industries, said they have soft-launched JioMart , their e-commerce venture that works closely with neighborhood stores, in parts of the state of Maharashtra — Navi Mumbai, Kalyan and Thane. JioMart being marketed as "Desh ki nayi dukan"(country's new store) similar to Amazon "Apni Dukan". Jio users will get extra benefits from JioMart. According to rumors Jio users will recieve extra discounts and express free delivery from Jio Mart on any purchases. Amazon and Flipkart...

Earable computing: A new research area in the making

Earable computing timeline, according to SyNRG. Credit: University of Illinois Grainger College of Engineering  CSL's Systems and Networking Research Group (SyNRG) is defining a new sub-area of mobile technology that they call "earable computing." The team believes that earphones will be the next significant milestone in wearable devices, and that new hardware, software, and apps will all run on this platform. "The leap from today's earphones to 'earables' would mimic the transformation that we had seen from basic phones to smartphones," said Romit Roy Choudhury, professor in electrical and computer engineering (ECE). "Today's smartphones are hardly a calling device anymore, much like how tomorrow's earables will hardly be a smartphone accessory." Instead, the group believes tomorrow's earphones will continuously sense human behavior , run acoustic augmented reality, have Alexa and Siri whisper just-in-time inform...