Tag Archives: globalcrises

Mehdi Hasan talk about Covid19 & Capitalism

All the predictions and anticipations experts claimed last year about year 2020 has ended up as scrap. March 2020 will be 31 days that the world will not soon forget. A novel corona virus that had infected tens of thousands in China, spread rapidly to many other countries, particularly European nations and the United States. Over the course of this one month, infections worldwide jumped more than seven fold, pushed health care systems beyond their limits and forced governments to announce border closures and lock downs to try and contain the virus which causes Covid-19. The World Health Organisation officially declared a pandemic during March, and the epicenter of the crisis shifted from China to Europe. Case numbers continued to rise despite calls for people to self-isolate, and more strict government measures, changing the daily lives of millions of people for the foreseeable future.

Post Covid perception of life

  1. United States is no longer the world’s leading country.
  2. China won the 3rd world war without firing a missile and no one could handle it.
  3. Vladímir Putin is a visionary.
  4. Prevention saves more lives than acting at the last moment.
  5. Health professionals are worth more than a footballer.
  6. Europeans are not as educated as they appear .
  7. We are not mistaken when we ask for more hospitals “and less war”.
  8. Children occupy a privileged place in nature.
  9. Oil is worthless in a society without consumption.
  10. Death does not distinguish race, color, or social strata.
  11. Now we know what are problems of locked down countries like Syria & Kashmir
  12. Now we know how animals feel in zoos.
  13. Now we realise today’s children no longer know how to play without internet or TV.
  14. Health care workers are alone, abandoned and forgotten. Even so, they never give up.
  15. No religious leaders saved coronavirus patients.
  16. We started to appreciate the great gesture of trust that means shaking hands.
  17. The planet regenerates quickly without humans.
  18. We are not prepared for a pandemic
  19. More should be invested in health rather than festivals.

How Covid19 transformed our lives perception

What Covid-19 is throwing into sharp relief is just how false our beliefs about markets are. Around the world, governments fear that critical systems will be disrupted or overloaded: supply chains, social care, but principally healthcare. There are lots of contributing factors to this. But let’s take two.

Latest Global development outbreak amid COVID

At a Sunday evening press briefing at the White House with members of the Corona virus Task Force, health officials said they are planning to ramp up coronavirus testing by tens of thousands of additional people a week, beginning this week. 

UK coronavirus crisis ‘to last until spring 2021 and could see 7.9m hospitalised’

The epidemic in the UK will last until next spring and could lead to 7.9 million people being hospitalised, according to a secret Public Health England (PHE) briefing for senior NHS officials.

US slashes interest rates

The Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in an emergency move to help shore up the US economy amid the rapidly accelerating global pandemic. In a statement, the US central bank said it was cutting rates by a percentage point to a target range of 0% to 0.25%.

France death toll hits 127

France’s Public Health Authority on Sunday reported 36 new deaths from coronavirus, taking the total to 127, and said there had been an increase of more than 1,000 cases. The number of cases stood at 5,423, up from 4,449 on Saturday.