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Global economic shock from Coronavirus (COVID-19) outbreak and its impact on world economy

2020-04-11T10:14:00.004+05:30

Hello visitors, welcome to GURUKUL SPOT.

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This is the third article in the COVID-19 series, In this article, let’s know about the global economic shock from Coronavirus in no time.

Let’s get started,

Please Note: The starting point for our analysis is what’s happening in China We consider the Chinese market and economy in most parts of this video because they are the first who got affected and slowly started recovering. From this, we get some notion to estimate our situation in coming future.
Whatever the data we discuss in this video comes from legitimate sources like WTO, UN, BBC, Bloomberg, Harvard Business Review, Financial Times and Economic Times

What is the impact on stock markets since the start of the outbreak?
Have a look at this graphical comparison of 3 major stock markets indexes:

Nikkei - Stock market index of Tokyo stock exchange
Dow Jones - stock performance of 30 large companies listed on stock exchanges in the United States
FTSE - The Financial Times Stock Exchange is the share index of the 100 companies listed on the London Stock Exchange

All have seen a huge fall

Look at the week on week change of FTSE 100, look at the worst week, it appears to be more dangerous than the big financial crisis occurred in 2008.
More than 100 countries have travel restrictions.
The total number of daily flights fallen drastically.
Industrial production has been stopped and in China it fell by 13.5% in the first 2 months of the year.
Car sales in china fallen by 86%.
Oil prices also got affected.
Have a look at the GDP growth comparison between 2019 and 2020 of major countries in the world and the overall GDP growth of the world. It is downgraded.
The global economy could shrink by up to 1 percent in 2020 due to the coronavirus pandemic.
According to The World Trade Organization - World trade to decline 13-32% in 2020.
According to the Bank of France data, the French economy shrinks 6% in Q1

Then what is the learning from this and what precautions we must take in order to survive?

China shows that we can stop coronavirus through containment - but at a significant economic cost.
Globally, the coronavirus shock is severe even compared to the Great Financial Crisis in 2007–08.

The severity of the economic impact will largely depend on two factors:

The duration of restrictions on the movement of people and economic activities in major economies
The actual size and efficacy of fiscal responses to the crisis.

What Coronavirus Could Mean for the Global Economy?

According to Bloomberg, the Coronavirus Could Cost the Global Economy up to $2.7 Trillion.
According to the latest United Nations report, The world economy will go into recession due to the coronavirus pandemic, with the exception of India and China. This is the only good for Indians and Chinese but not sure.
Economic times analysis also warns that the adverse effects of prolonged economic restrictions in developed economies will soon spill over to developing countries via trade and investment channels.

Whatever we talked about till now, all these issues already the world is facing.

Then what we don’t know is? what is going to happen in the future?
Let’s unveil that in the coming article on issues coronavirus brings in the future, who are the sufferers and big losers? based on analysis and predictions.

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Thanks for reading

Sources:
https://www.bbc.com/news/business-51706225
https://www.bloombergquint.com/business/covid-19-impact-world-economy-to-go-into-recession-except-india-and-china-un-says https://www.bloomberg.com/graphics/2020-coronavirus-pandemic-global-economic-risk/ https://hbr.org/2020/03/what-coronavirus-could-mean-for-the-global-economy https://www.ft.com/content/0c13755a-6867-11ea-800d-da70cff6e4d3 https://economictimes.indiatimes.com/news/international/business/corona-beer-producer-halts-brewing/articleshow/74973707.cms

Save yourself from Coronavirus (COVID-19) by strengthening your immune system naturally.

2020-04-05T13:20:00.004+05:30

Hello visitors, welcome to Gurukul Spot.

This is the second article in the COVID-19 series, In this article, let’s know about How to save yourself from this pandemic Coronavirus by boosting your immune system in no time.

Do you remember the old saying prevention is better than cure? I think most of you know that, but very few inculcate into their lives.

You wonder, that our blog is focused on building life skills like career growth, personal finance, leadership, strategic thinking so on so forth, then why am I talking about health?

Let us don’t forget to be alive and to keep the focus on being healthy. After all, good health is happiness, isn’t it? Again the old saying Health is Wealth, this is also a very important life skill that everyone must inculcate in their life.

Do you know the power of Ayurveda? If not, then pause the video right away, subscribe and press the bell icon. We are going to create premium videos and articles on maintaining good health using the power of nature, that is Ayurveda in upcoming days.

Here are the quick tips that you are waiting for from Gurukul spot, let’s know in no time.

1. Get enough sleep
Because Sleep and immunity are closely tied, so focus on the quality of sleep than quantity.

2. Keep Your Stress Under Control
Please don’t stress out, if you feel like you are getting stressed, then watch some comedy videos try to Laugh, Play with kids or friends.

3. Engage in moderate exercise or do simple yoga or meditation
Please don’t do intense prolong exercise, that can suppress your immune system instead of boosting, moderate exercise can give it a boost.

4. All-time stay hydrated
Drink enough water and consume liquid drinks, liquid foods.

5. Eat more whole plant foods
Whole plant foods are like fresh fruits, vegetables, nuts, seeds, etc. these are very rich in nutrients.

6. Limit added sugars
Because it causes overweight and obesity. Obesity may likewise increase the risk of getting sick.

These are some of the quick tips and life skills to strengthen your immune system.

Is this enough?

let me give you a bonus tip and this is dedicated to all the Gurukul spot fans out there:

There are some fruits, plants, herbs available in nature which give results in a very short period
Please Note: consume only seasonal fruits and vegetables which are grown nearby you.

Let me list down one by one:

Citrus fruits like grapefruit, oranges, and lemons
Turmeric
Papaya
Neem
Gooseberry or amla
Ashwagandha
Giloy
Mint leaves and
Honey

If you found this article interesting then do check our other videos, I’ll guarantee you that you’ll get a lot of benefit out of it.

To make your life easy, the complete article in the video format is uploaded on our YouTube channel, do check it out.

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Until I see you next time, be healthy

Thanks for visiting.

Understanding Business to Consumer or B2C business

2020-04-04T14:08:00.000+05:30

Hello visitors, welcome to Gurukul Spot.

This blog post is part of the Entrepreneurship series made for people who are interested in understanding businesses and of course for budding Entrepreneurs.

Let us try to understand the in and out of B2C business in this blog post in no time.

Let’s start with knowing the full form of B2C

You already know right?
yeah... As mentioned in the title of the post, It simply means Business to Consumers

What does it mean then?
Hold on for a while,
Before knowing that, let us understand the terminologies of these 2 words

Business - it is a company or organization which has products or services to offer.
Whom do they offer? of course for us…

Consumers - we are all consumers in some or the other way, we are the end-users of their products and services.

Now, let’s understand B2C.

B2C is a very basic way of doing business, which means a business or company selling or doing any kind of transaction directly with the end-user.

A lot of businesses in the world are B2C, if you just open your smartphone and just look into your app drawer, a lot of apps you are using day to day are part of B2C

Examples are your social media application Facebook, Linkedin, twitter

Your chat applications WhatsApp, Wechat, Hike, Telegram
Your shopping applications Amazon, Flipkart, PayTM
What not your Uber, Ola and so on so forth…

Pros of B2C business:

1. It is a less ambiguous way of doing business
2. You can reach a huge audience worldwide.
2. It has a lower cost of doing business

Some of the cons are:

Since the consumer base is large to serve here, you have to spend lot of time understanding the user patterns
Competition is very high
Making mistakes costs very high since you have lot of consumers

To make your life easy, the complete blog post in the video format is posted on my youtube channel, do check it out.

We always value your time and add value to your life, we also need your support to grow, If you want a premium content for free from us then please do subscribe to our newsletter.
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If you think you got some value out of this post then please like, ask any questions if you have in the comment section and spread this knowledge by sharing this content with your friends, family, neighbors, social media groups and wherever you can.

Thanks for your time