British Virgin Islands

Saturday, Oct 31, 2020

How the coronavirus pandemic affects the world's working poor

The coornavirus pandemic affects everyone. The global economy is in a state of paralysis. Business are closed, production has ground to a halt. In many western countries governments are dishing out generous aid packages to business owners, freelancers and companies in need. But while rich countries can cushion the economic fallout from the crisis, others stare into an abyss.
In many developing and emerging economies the corona crisis hits people with full force. As a result, UN Secretary General Antonio Guterres has urged rich countries to do more for those that are less prepared. Otherwise, he warned, we face the nightmare of the disease spreading like wildfire in develping nations with millions of deaths.
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Quote of the Day

There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed.

Ray Goforth
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