Economic impact of COVID19

The latest statistics show that the total number of infected people has reached the 5 mln threshold; even the most optimistic experts do not expect it to slow down in the nearest 6 months. Vice versa, they promise more and more outbreaks, while there is still a long way to go till the vaccine is fully tested and available for the general public.

The economic and social consequences are already taking their tolls. The whole world’s economic indicators are showing poor results, i.e. exports and productivity fall, while the crisis is looming closer – there are fewer and fewer jobs available, and the human resources are being developed slower.However, some of the economy sectors turned out to be immune to the virus, such as consumer goods market and different online services.

In this situation, Larson&Holz is doing the best it can to support our online services in good condition and recommends its clients to observe the isolation regime.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.

Please Enter Your Email Address:




Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Latest

Changes in prize claiming rules

Deart contest participants! Due to the increased fraudulent activity, we're introducing new prize claiming rules for the first-place winners. Starting today, to claim the prize, the...

Flooding will affect double the number of people worldwide by 2030

The number of people harmed by floods will double worldwide by 2030, according to a new analysis. The World Resources Institute, a global research group,...

Scientists create mutant enzyme that recycles plastic bottles in hours

A mutant bacterial enzyme that breaks down plastic bottles for recycling in hours has been created by scientists. The enzyme, originally discovered in a compost...

‘Unstoppable’: African swine fever deaths to eclipse record 2019 toll

The African swine fever (ASF) pandemic will be even worse this year than in 2019, say experts, warning that the spread of the highly...

Important Notification April Bank Holidays

Please view the tables below to see which instruments will be affected and how: Instrument 08/04 09/04 Norwegian Stocks Early closing 13:55 Closed Swedish Stocks Normal Hours Early closing 13:55 AUS200Cash Normal Hours Early closing 16:55 Instrument 10/04 13/04 14/04 COFFE-MAY20-JUL20 Closed Late...