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Years earlier, most analysts expected that in 2020, the global recession will once again hit the economy. With each country taking aggressive containment steps to flatten the coronavirus curve, speculations about the impending global crash in 2020 are now right at our doorstep. Some would even argue that we are already in the recession. The International Monetary Fund (IMF) projected that the coronavirus pandemic would drive the global economy into one of the worst recessions in history. And if the coronavirus remains or a second wave hits, the recovery will be weaker and slower than expected. Some economists even expect[…]

The Wuhan virus or 2019 Novel Coronavirus has affected the world in many ways across various industries. The tourism industry has seen a drastic decline with travel being closed off in a few regions across China. Many countries are concerned about the spread of the Wuhan virus and have taken extreme measures to bar the Mainland Chinese from entering. The Coronavirus has since spread to more than 27,000 people and has claimed more than 500 lives. Currently, there is no confirmed vaccine for the virus, causing worldwide paranoia of contracting the flu. The World Health Organization (WHO) has officially declared[…]

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