Wayne Rooney decried that ‘[If] Manchester United or Man City need 30 per cent of their players’ wages to survive… then football is in a far worse position than any of us imagined.’.
On the state of UK Business Closures
13.5% of all UK businesses have temporarily closed or paused trading, during the lockdown, with 86.4% of workers in these businesses on furlough.
Public Opinion following Covid 19
While it is still uncertain how the United Kingdom’s economic policy will be reframed by the pandemic, Boris Johnson and Rishi Sunak have already publicised what they term a ‘Rooseveltian’ approach to the economy, striving to strengthen public spending across multiple sectors of the economy.
The Impact of COVID 19 on Shipping
Concerns exist around the possibility of new barriers and local regulations in global maritime trade, or that nations seek to extend their flag protected fleets, leading some to expect a particularly painful and stilted recovery.
Nations Re-Opening after Covid 19
As the world emerges from the pandemic questions arise about how the global economy will be augmented or reshaped by the events of 2020. After the 2008 crash, Brexit and the US-China trade war, the incoming Chief Economist of the World Bank, Carmen Reinhart, describes the pandemic as the ‘last nail in the coffin of globalisation’. So as much..
May 2020
Since April we have seen politicians around the world trying to roll back on the panic created by the Corona Virus. The machinery of government and its institutions, particularly areas involved in health, led by the World Health Organisation, embraced the idea of pandemic and effectively shut down the world’s economy.