Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Virus shock, its many uncertainties -Renu Kohli

Virus shock, its many uncertainties -Renu Kohli

Share this article Share this article
published Published on Mar 17, 2020   modified Modified on Mar 19, 2020

-The Telegraph

Longer the lockdowns last, more severe the economic costs

The rapid progression of the Covid-19 infection from China to some, and then most, countries is an unprecedented global shock. Its full-blown eruption was characterized pandemic by the WHO last week. Markets have been tailspinning since and the virus ructions have challenged governments’ ability to retain control and stay ahead of the curve to manage the pandemic. The central response worldwide is to ‘lockdown’, quarantine and advise ‘social distancing’. It is probably the most sensible and effective response to achieve maximum health safety and save lives. The irony is that what is optimal for the pandemic is economically most damaging — lockdowns that will deliver the best outcomes will also inflict the most ruthless economic devastation. It would not be out of place to say that the better the pandemic results, the higher the economic sacrifice. Economic consequences will be disproportionately high relative to the pandemic anguish because of the core response itself. There is no choice here. That this shock strikes an already weak world economy worsens matters. It is to be hoped that the pandemic does not last long.

Please click here to read more.


The Telegraph, 17 March, 2020, https://www.telegraphindia.com/opinion/coronavirus-possibilities-of-economic-recession-hitting-the-world/cid/1754300?ref=opinion_opinion-page


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close