#day trading corona virus
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How will the events and exhibitions industry change post-Corona virus?
Theme shows- internal or external are important for any business. Internal theme events help boost the morale of the employees adding to the growth and success of the organisation. External theme events help the business to reach out to a larger audience and increase the brand recall of the company.
HONCHOS are experts in conceptualising and launching theme events for organisations that help them in their success and build a brand image. Product success events, company anniversaries, motivational meets, annual gatherings, family meets, customer meets, shareholder meetings, trade shows, new branch inaugurations, award ceremonies, gala dinners, entertainment programs etc. are some of the theme events conducted by us. Right from ideation to planning, organising, and post-event marketing, HONCHOS helps design and execute such cultural, entertainment, and publicity events with posh and pomp.
The Digital Dawn: Rise of Virtual Events
In a world forever altered by the pandemic, virtual events have emerged as the phoenix rising from the ashes. The convenience of attending from anywhere, coupled with cost savings, has catapulted virtual gatherings into the mainstream. Is this the future of events?
Hybrid Horizons: Blending Physical and Virtual
The sweet spot between physical and virtual events is the hybrid experience. A dynamic blend offering the best of both worlds, fostering inclusivity and extending the reach of events. How will this fusion redefine audience engagement?
Safety First: Redefining Event Spaces
Gone are the days of crowded venues without a second thought. Safety protocols are now the cornerstone of event planning. From contactless registrations to socially distanced seating, how will the post-COVID era reshape event spaces?
Tech Takeover: Innovative Event Technologies
From augmented reality to artificial intelligence, technology is taking center stage in events. How are cutting-edge technologies transforming the attendee experience, and what does this mean for event planners?
Sustainability Matters: Greening Events
As the world becomes more environmentally conscious, events are no exception. Sustainable practices are on the rise. Explore how the events industry is embracing eco-friendly initiatives for a greener future.
Reimagining Networking: Breaking Barriers
Networking has evolved beyond handshakes and business cards. Virtual platforms offer unique opportunities to connect globally. How will this change the landscape of professional networking and collaboration?
The Resilience Factor: Adapting to Uncertainties
Resilience is the heartbeat of the events industry post-pandemic. How are event planners building resilience into their strategies, and what lessons have they learned from navigating uncertainties?
Personalization Paradigm: Tailoring Experiences
One size fits none. Personalized experiences are the new norm. How are events becoming more tailored to individual preferences, creating memorable moments for attendees?
Learning from the Past: Crisis Preparedness
The pandemic has underscored the importance of crisis preparedness. What measures are event planners taking to ensure business continuity in the face of unforeseen challenges?
Global Collaborations: Beyond Borders
Geographical boundaries are fading as events go global. How are international collaborations shaping the events landscape, and what challenges come with organizing cross-border events?
Entertainment Evolution: Engaging Audiences
Entertainment at events is undergoing a metamorphosis. From interactive experiences to immersive performances, how are event planners captivating audiences in the new normal?
Economic Impacts: Balancing Act
The economic fallout of the pandemic has left its mark. How are event planners striking a balance between economic considerations and delivering exceptional experiences?
Cultural Celebrations: Fusing Traditions
Cultural events are celebrating diversity in innovative ways. How are traditions being fused with modern elements to create vibrant, inclusive celebrations?
Regulatory Reckoning: Navigating Compliance
Event regulations are evolving. How are event planners navigating the complex landscape of compliance, ensuring events are not just memorable but also legally sound?
The Future Now: Embracing Change
In conclusion, the events and exhibitions industry is on the cusp of a transformative journey. Embracing change, incorporating technology, and prioritizing safety and sustainability will define the new normal. As we step into this future, one thing is clear – the events industry is resilient, adaptive, and ready for a remarkable rebirth.
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Unity is Strength
Remember with a smile the old days Corona Virus Global Struggle. Never Forget CO2 ICE Engines is the Future. Electric Vehicles is the wrong Path. Energy: CO2 Clean Fuel for Engines Think Tank Energy: Electric Vehicles Energy: Electric Vehicles II Danger Self-Sufficiency in Manufacture & Agriculture is more important than trade with a Marxist Socialist Country like Communist…
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INTERACTIVE BROCKERS - DON'T
SIGN - UP - 4 - EMAILS - FLOODED
OUR - ADRESS - MAIL - WRITERS 2
SCARE - WOMEN - STAY - IN - NV
DESERT - NEVADA - LAS VEGAS
TOPLESS - COCKTAIL WAITRESS
$1, 000 - TAX PAID - 30 MIN
SING - SM - STAGE - VEILED
BELLY DANCERS - GROUND
LEVEL - BOTH - $2, 500 FOR
30 MIN - ME - PART - TIME -
PAPER - TRADING - BARBIE -
MONEY - $100, 000 - MUST -
HAVE - CASH - ACT - $25 - 2 -
TRADE - DAILY - DAY - TRADE -
YOUTUBE - HUMBLED TRADER -
FRACTIONAL - COST - STOCKS -
AMAZON
DAY - TRADERS - SELL - FAST
WHY GIVEN - WOW DISCOUNT
PRO - ACCOUNT - CHARTS
LEAST - $14.95 - EA MONTH
TAX - DEDUCTIBLE - EXPENSE
START - SAME - TIME - CHECK
DAILY - CHART - AMAZON
NET - OVER - $1.3 TRILLION
LARGEST - INTERNET - YES
EMPLOYER - FR - 100, 000 2
OVER - 10 MILLION - LARGE
DURING - CORONA VIRUS US
DAILY - AMAZON - ORDERS -
OVER - $197 BILLION EACH -
DAY - RECEIVED - B 4 - YES -
PROCESSING - ORDERS -
OVER - 147 MILLION - MEMBERS -
FULL PRICE - AMAZON RECEIVES -
OVER - $1.9 BILLION - MONTHLY -
EBT - HALF - ELECTRONIC BANK -
TRANSFER MIAMI - FL - $7.05 EA -
MONTH - DAY - TRADE -
CLICK - SELL
DON'T - EXCEED- 10:15A
CLICK - SELL AT - 10:30A
LAST - TIME - DAILY
BENJAMIN FRANKLIN - REV'D -
EARLY - 2 - BED EARLY - 2 RISE -
MAKES - US - HEALTHY - TRUE -
WEALTHY - AND - WISE - THUS -
START - SAME - TIME - DAILY -
AMAZON - FRACTIONAL - STOCKS
CLICK - SELL - AFTER - 30 MIN
WHAT - U - PAID - BARBIE - $$$
RESULT -
$1.3 MILLION - 30 MIN - DAILY
INC FILE.com
GOLD - PLAN
BANK - OF - AMERICA
1 EMPLOYEE - LLC
FORM 2323
SUBCHAPTER S - COMPANY
TAXES - 60% - SALARY
40% - YOUR - STOCKS - TAX FREE
DEDUCTIONS - EXPENSES - THEN
AMOUNT - DUE - ST JUDE's -
CHILDREN RESEARCH HOSP -
QUARTERLY - ( 4 ) - TAXES EA -
YEAR - $0 - $0 - $0 - $0
SHOPIFY - ONLINE - DROPSHIP -
AMAZON - NOW - TAX PURPOSE -
NOT - INTENSE - NEED - LIKE B 4 -
NO - ON - SEO - BOGUS - $29.99 -
MONTHLY - NO - CUSTOMER AT -
ALL - OVER - $2, 000 - YEARLY -
TABOOLA - IMAGE ADS - SEE -
YOUTUBE - CHEAPER - THAN -
GOOGLE - ADS - PAY PER CLICK -
25 CUSTOMERS - WHAT - A - JOY -
FLORIDA - $139 - TAX - (13 MAY) -
INDIANA - $39 - LAST - DAY - OF -
STARTING - MONTH - YEARLY -
STATE - TAX - $97 - STILL LOW -
CAN - U - HANDLE -
NO 1 - CARMEL
NO 2 - FISHERS - IKEA
DRIVER's LICENSE - LIKE -
MIAMI - FL - GET - THRU -
SCHOOL - SUDAYS - YOUR -
INSTRUCTOR - CHOOSE AS -
YOUR - DMV - WHO APPROVES -
DRIVER's - TEST - 4 - INDIANA & -
MIAMI - FL - NOT - AVAILABLE -
OTHER - US - STATES - DEATH -
OF - NEW - DRIVERS - PLENTY -
CALIFORNIA - WAS - AGE 16 -
NOW AGE 17 - INDEPENDENT -
INDIANA - CAN - U - HANDLE -
JOHNNY APPLESEED - APPLE -
TREES - CORN - BASKETBALL -
20 DEGREES - SNOW - APRIL -
CHRISTMAS - MY - BIRTHDAY -
MONTH - WE'RE - CHANGING -
IN - STATE - TAX - $25 - LLC -
TAXES - $25 - YEARLY - YES -
COMING - BLK - MALE -
ATTACKED ME - 10:30A -
WHILE - SITTING - 11:10A -
LUTHER KING JR - SHOT 2 DEATH -
EYE - 4 - EYE - TOOTH - 4 - TOOTH
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There are no farmers on a dead planet
From the plague over corona to the agricultural and environmental crisis: historian Maïka De Keyzer investigates what makes societies vulnerable or resilient in the event of catastrophes. "I don't see any historical evidence of the notion that you shouldn't question the system because technology will solve everything."
Lightning fast and unstoppable: in 1349 the plague raged through Europe. Resulting in unimaginable havoc among the population. In Flanders too, villages and towns saw a third to a half of their inhabitants die in a terrible way. That was convincingly reminded to TV-watching Flanders last Sunday in the series The story of Flanders[1], including by historian Maïka De Keyzer (35) of KU Leuven.
She specialized in ecological historiography, and focuses on the question of what makes societies resilient or vulnerable to catastrophes and crises. Coincidentally, a book[2] compiled by De Keyzer was also presented the day after the broadcast. It is about a contemporary crisis, that of the environment and agriculture. From the plague to nitrogen, for an ecological historian the leap is less than it seems.
First the plague. When you see that passage in The Story of Flanders, as a television viewer you are immediately reminded of the corona virus.
“Which also comes from Asia, just like the plague. Only it didn't take twelve years to corona to reach Europe - like the plague - but a few weeks at the most. That shows how globalised the world is today. But once the plague had reached Europe, it also spread very quickly due to the intense trade contacts. With the exception of a few isolated mountain villages, no region was able to escape it. The big difference with corona was that the medieval people did not know what hit them. The plague came out of nowhere and no one could have done anything to stop the disease.”
“We could have been prepared for corona, on the other hand. There had already been SARS, we know what viruses are and we know the concept of a pandemic. Yet as a society we have allowed ourselves to be surprised. Then I think as a historian: how is that possible? Why could we no longer imagine that such an epidemic could still hit Europe? Why are we learning so little?”
You can give the answer yourself.
"Because policymakers are apparently unable to pre-emptively impose a short and powerful travel ban as long as there is no support for it first. Corona was called a flu, although experts really knew what was coming. That vulnerability remains in our system.”
It was remarkable how quickly Flanders recovered from the plague. A period of great economic prosperity followed. How do you explain that?
"Due to the high mortality, the relationship between the work that had to be done and the available labour force changed. People could demand higher wages, which increased their purchasing power and led to prosperity. We notice this, for example, in the increasing consumption of meat."
"It is remarkable that other regions, such as England or Italy, recovered much less quickly from the plague. For a long time, historians thought that this was because the epidemic had hit less hard in the Low Countries. People spoke of 'the light touch of the black death'. However, more recent research shows that mortality here was at least as high, but that the social structure was more resilient. In Italy, wealth remained concentrated in a top layer of wealthy merchants in a number of cities. The economic trickle-down effect played a lesser role, and prosperity did not get through to broad layers of the population. Even before the plague, stronger middle groups had emerged in our regions that had a say in government. In general, egalitarian societies are more resilient to crises than their counterparts where there is more inequality.”
“You saw the same pattern with corona. Countries with a strong social safety net and good health care, such as Belgium, not only endured the pandemic better, but also recovered economically more quickly afterwards. In England, on the other hand, Covid has pushed an already weakened healthcare system even deeper into crisis, with one wave of strikes after another. You can't explain that difference by the virus, but only by the way a society is organised."
But it costed a lot of money to Belgium
"Indeed, but that is a choice you make as a society."
One choice society is facing today is what kind of agriculture we want. You compiled the book To the bottom about this, with contributions from 26 experts. What was the intent? Because you are not an agricultural expert yourself.
"I am an Antwerp city girl (laughs). You don't have to be a contemporary agricultural expert to determine that agriculture is in a systemic crisis. The nitrogen emissions, the low prices for agricultural products, the manure surplus, the dramatic loss of biodiversity… For me as a historian, these are all signs that our agriculture has become particularly vulnerable. The question is: why is that and what can we do to make the model resilient, sustainable and fair? I have asked 26 experts to look into that in depth."
What conclusions do you draw from their contributions?
"I now speak in my own name, not for the authors. First of all: purely technological solutions for a systemic crisis always come with side effects that can cause the next crisis. If you had told a Kempen[3] -based farmer 300 years ago that Flanders would have a manure surplus in 2023, he would have been flabbergasted. Farmers then struggled with a shortage of fertilisers, often resulting in hunger. Today we have chemical fertiliser, but it contributes to the pollution of the water. Intensive agriculture brought food security, but also nitrogen problems. Industrialisation has caused food prices to fall, but farmers are barely making ends meet. That is a common thread through the past: technofixes alone will not get you there."[4]
"A second important conclusion is that there are no partial solutions. It is not by cutting away a few large farms near natural reserves that the nitrogen problem disappears. That is too often the approach in Flanders: ad hoc solutions without questioning the system. But agriculture is so complex and reaches out for so many other areas of society that only an integrated and coherent policy offers a way out."
"Integrated and coherent policy". Isn't that a killer? What can be a first, concrete start?
“First of all, the recognition that agriculture has exceeded the limits of what our planet can handle in terms of nitrogen emissions, biodiversity loss and deforestation. There are still stakeholders who do not want to face that. It is not about 'a plant species' for which farms have to make way, it is fundamentally about our health, water management and environment. There are no farmers on a dead planet either.”
“But we also have to recognize that many farmers do not receive a fair income. And that we absolutely need agriculture to provide our own food. Farmers are not the enemy, but also the victims of a system that is too dependent on the import of super cheap animal feed from third world countries. Sustainability must also be socially and economically responsible.”
“Farmers and nature are the big losers in this crisis, whereas the distribution chains and the agro-industry remain on the winning side. Yet in every agricultural debate it is precisely the losers who face each other. They're targeting the wrong enemy. It is in the interests of farmers to move away from a system in which they are mere price takers, rather than price setters. They are completely dependent on the distribution chains for the sale of their products and on the supply chain for raw materials, pesticides and fertilisers. The billions from the European agricultural policy will at most ensure that they can merely survive.”
A period of rising food prices is not the right time to advocate systemic changes. This is also evident in the energy crisis. The consumer wonders whether he will still be able to pay his bill.
“However, in both the food and energy crisis, it is the big companies that are making huge profits. They take advantage of the scarcity to pass on costs or to make products artificially more expensive. By skimming off those profits, the farmer would receive a fair price for his work and at the same time the food would remain affordable for the consumer.”
In the case of a plea for systemic change, the risk is that the ambition is so great that it seems unrealistic and has a paralyzing effect.
"That is why the book offers concrete and manageable solutions to, for example, improve the water management of a landscape or to increase the biodiversity around fields. We also give examples of farmers who succeeded in breaking through their dependence on large supermarkets and creating their own sales channels: farm shops, picking farms, new supermarkets, cooperatives, etc."
These are all charming initiatives, but they are to be considered as applied by a minority and therefore marginal.
"What prevents us from scaling up those models? I'm not advocating small-scale. On the contrary, the experiments of these pioneers should become the norm.”
There is also the school that advocates more intensive and high-tech agriculture. Producing more on less land, freeing up more space for nature.
"In the book a chapter is also devoted to that model. One condition is that the released land is effectively returned to nature, and is not used to grow even more potatoes for the export of chips."
“Actually, that was the starting point of the father of European agricultural policy, Sicco Mansholt.[5] He wanted to make hunger disappear from Europe through economies of scale and technological progress, and to make food affordable for everyone. We succeeded. Only, once that self-sufficiency and food security were achieved, people continued to produce extra, resulting in huge surpluses, which we exported to the world market. Mansholt was a socialist, his policies were essentially progressive and integrated. But at the end of his life, he realized that it had completely gone too far. Today we are still clearing the rubble.”
Why did you not request a contribution from the Boerenbond?
"Because in the search for an alternative to the current agricultural model, it makes little sense to let the people who are responsible for that policy have their say. Let's be honest: in the current model, the agro lobby holds the pen, both in Flanders and at European level. They stick to the status quo.”
"With this book we follow suit. We do not place ourselves in the court of the traditional opposition between nature and agriculture. We expressly oppose the argument of the Boerenbond[6] and the agro-industry that there is no alternative to this model. Every policy is a choice. This model is fundamentally in crisis. And we provide a progressive answer to that.”
Back to the plague. People were then defenceless for lack of knowledge. We overcame Corona thanks to science and the pharmaceutical industry. Why shouldn't human ingenuity also cope with the environmental and climate impact of agriculture?
“I welcome any major technological breakthrough that provides an answer to the current crisis. It is a misunderstanding that agroecology is not open to technological innovation. Small robots, for example, that permanently remove weeds, would greatly improve productivity and efficiency.”
“But history shows that ultimately it is the social blueprint that determines which kind of society is resilient enough to withstand major shocks. So I don't see any historical evidence for the popular tune that one shouldn't question the system itself, because technology is able to solve everything.”
Source
Lieven Sioen & Tom Ysebaert, ‘Op een dode planeet zijn ook geen boeren meer’, in: De Standaard, 4-02- 2023, https://www.standaard.be/cnt/dmf20230203_97918981
[1] Het Verhaal van Vlaanderen (The story of Flanders) is a historical documentary television series on the national television station of the North of Belgium from De Mensen, presented by Tom Waes, about the history of Flanders. The 10 episodes is broadcast weekly by VRT from 1 January 2023.
[2] “Tot de bodem” (To the bottom) offers a first step towards a coherent and progressive agricultural policy for Flanders. https://lup.be/blogs/authors-corner/maika-de-keyzer-tot-de-bodem
[3] De Kempen (Dutch) or la Campine (French) is a natural region situated chiefly in north-eastern Belgium and parts of the south-eastern Netherlands which once consisted mainly of extensive moors, tracts of sandy heath, and wetlands. It encompasses a large northern and eastern portion of Antwerp Province and adjacent parts of Limburg in Belgium, as well as portions of the Dutch province of North Brabant (area southwest of Eindhoven) and Dutch Limburg around Weert.
[4] Read also: Louis Delcart, Selling Agricultural Products through the Short Food Supply Chain: It is Becoming Increasingly Popular, in: International Journal of Research in Humanities and Social Studies Volume 8, Issue 8, 2021, PP 7-13, 2.pdf (ijrhss.org)
[5] Sicco Leendert Mansholt (13 September 1908 – 29 June 1995) was a Dutch farmer, politician and diplomat of the Social Democratic Workers' Party (SDAP) and later the Labour Party (PvdA), who served as the President of the European Commission from 1 March 1972 until 5 January 1973. He was known for his abilities as a negotiator and manager. Mansholt continued to comment on political affairs as an elder statesman until his death. He holds the distinction of being the longest-serving Minister of Agriculture, the longest-serving European Commissioner from the Netherlands, the longest-serving European Commissioner for Agriculture and the only Dutchman to have served as President of the European Commission. He is recognised as one of the Founding fathers of the European Union.
[6] The Boerenbond (Dutch, or German: Bauernbund; literally "Farmers' League") is a professional association of farmers active in the Flemish and German-speaking communities of Belgium. Founded in 1890 and based in Leuven, the Boerenbond is an organisation promotes the interests of farmers working within its regions of activity and has historically been closely associated with Catholic political parties. In the 1920s, it had 100,000 members divided into 1,050 guilds, and it was "intimately connected with the Catholic church". In politics, it was "an important part of the strong Catholic party".
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
View On WordPress
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Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Market boomed, Sensex fell by 1100 points, Nifty also broke. Closing bell: Market collapse, Sensex fell by 1100 points, Nifty also broke
Digital Desk, Mumbai. The effect of Omicron, the new variant of the corona virus, is also visible on the stock market. The country’s stock market closed with a heavy fall on the first day of the trading week (December 20, Monday). During this, both Sensex and Nifty remained on the red mark. The 30-share Sensex Sensex, based on the Bombay Stock Exchange (BSE), closed at 55800, down 1189.73…
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Unemployment
Courses of unemployment
Almost all economies strive to achieve a speed economic growth while reducing the poverty, minimizing inequality, introducing new technology and abating the unemployment rate. Here, the unemployment is most challengeable in the economy. None of economy can zero their unemployment rate in the economy. However, economies can address to the root courses of unemployment and take actions to increase employment rate. The unemployment of an economy may rise from the labour supply or demand level. Some of major reasons for the unemployment of Sri Lanka have discussed below.
• Skills mismatch
In the contemporary business world, the technology and the skills are rapidly changed. Nowadays, many economies are suffering from skills mismatch between the job requirement and the employee skill set. Here, the economy has the employment opportunities, but the workforce has not adequate or requires set of skills to perform the prevailing employments. Further, this reason can be extended more by identifying vertical mismatch and horizontal mismatch. In Sri Lankan economy it is common these types vertical and horizontal mismatches due to the insufficient workforce to higher value-added jobs. Many privet sector business leaders identified the reason for this mismatch is the weaknesses of the system of higher education system of Sri Lanka. They are complaining that the content and the quality of the prevailing education are weak to inculcate the modern skills, aptitude, and job orientation in the labour force.
• Economic recession
Economic stability and the growth directly impact to the employment rate of the economy. In the period of economic recession, the economy has to shrink its business operations, and this will lead to increase the unemployment rate in the economy.
• Waiting for queue
Sri Lankan people more prefer to have a government sector job than the privet sector job due to the job security and the after-retirement benefits. Thus, people wait in a queue for government jobs even though they receive privet sector jobs.
• Factor market distortion
Factor market distortions affected by strict labour laws, influence of union and low labour productivity. Normally, labour is more expensive than the machinery (capital) for which various incentives are given to promote industrialization. However, this scenario is true only in the case of unskilled labourers since those labour can be substantiable with machinery. In other hand, it is not true for skilled labour since machineries and skill labour are complementary and as a result, capital intensity increases employment generation for skilled labour.
• Lack of innovations
Research and development are a key consideration in the economic growth and the development. The prescribed ratio with regard to research and development for developing country is 1% of country’s GDP. In Sri Lanka’s ratio is only approximately 0.1% and this is also mainly related to the public sector. As a result, business expansions are highly limited resulting in less employment generation.
Unemployment with covid 19
The COVID 19 new corona virus pandemic emerged in China 2019 as a health crisis and morphed into a global economic crisis with a drastic impact on the public health, commercial activities, employment, and the trade. The International Labour Organization identified the criticalness of this pandemic and it described the COVID pandemic as the worst global crisis since the Second World War. The pandemic adversely affects to the almost all industries not only in Sri Lankan economy but also in the global economy. When it comes to the Sri Lankan context, the country was frequently imposed the curfew and lockdown to prevent the spread of Corona virus in the first quarter in 2020. The country placed curfew and lockdown strictly for the period of 52 days from 11th March 2020 with the first COVID case reported. Many Sri Lankan employees lost their jobs in immediate after the lockdown and curfew. Statistics shows the total number of jobs in the economy tight by 160,996 in the first quarter of 2020 (Mel & Perera, 2020). The actions like lockdown, curfew, closure of airports, and other preventive actions were impacted to the unemployment matrix of the country while increasing the quarter rate up to 5.7% from 4.5% of the last quarter (Department of Census and Statistics, 2020). Declining industrial production, manufacturing and service sectors remarkably contracted due to COVID pandemic and damaged to the revenue stream of the companies. This directly impacted to the increment of the unemployment rate in Sri Lanka. By looking at the past 10 years’ statistics, Sri Lanka reported less than 5% rate of unemployment in every quarter except the quarter 3 in 2019, following to the Easter Sunday attack. The curfew continued for more than 40 days and into the 2nd quarter before being lifted on 11th of May 2020. The impact of this situation to the Sri Lankan unemployment could be quite sever, given that 24.8% of employed labour force report themselves as being daily wage earners.
The concepts of economic growth and the unemployment interconnected and a drastic impact of COVID pandemic was happened to the economic growth of Sri Lanka. A significant decline in economic activities and product and service demand will lead to more retrenchments. The effect is more cruelly felt by unprotected employees. At Present, more than 1.7 million temporary workers in the private sector are at the risk of facing drastic wage cuts and layoffs. In the coming months more job losses can be seen due to the negative outcome of COVID 19 while increasing the unemployment rate of Sri Lankan economy.
Recommendation
1. Human capital development.
On of the most successful solution for unemployment in any economy is uplifting the knowledge, skills, and the experiences of its people so that, it makes a qualified employee to the prevailing job market. Furthermore, some components of the education system in Sri Lanka need to be renewed definitely by giving pupils the vocational education, entrepreneurship skills. Currently, some industries are having a large skills gap because, the employees are not potential and not competent enough to perform the particular jobs.
2. Expansion of Employment exchanges.
Th economy should increase the exchangeability of its employments which employees can easily switch with different employment by making employment opportunities in the economy. Further, there should be a proper mechanism to share information about employment opportunities with the job seekers.
3. Encourage self-employment.
After the school or the university education all most all persons try to find jobs in privet or government sector. Few of them tern to start up a self-employment. Thus, the Sri Lankan education system should include the entrepreneurship education in the syllabus that help to reduce the unemployment in Sri Lankan economy.
4. Attention on income protection rather than job protection.
Many economies tend to protect the jobs rather than protect the income flows of people. But the COVID 19 pandemic is a wake-up call for Sri Lanka, revealing the importance of the flexibility of the labour market and the need to move towards income protection, rather than job protection. The government could facilitate permanent employment in the private sector by introducing strategic protective measures to safeguard workers’ rights and benefits, such as unemployment insurance and universal pension schemes.
5. Remake the labour market policies.
It is also vital to implement active labour market policies to support re-employment. The government should take measures to re-skill unemployed workers, as it is the key to their transition to new employment in booming sectors. Such programmes should be more work-oriented and focus on skills that are in high demand.
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#meme#memes#dank meme#dank memes#pokémon#game boy advance#pokémon red and blue#virus corona vũ hán#coronal mass ejection#corona virus#corona virüsü#coronavirus#virus china#china virus#virus#chinese virus#day trading corona virus
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1920 Spanish flu pandemic
#corona virus#coronavirus#day trading corona virus#coronavid19#plague doctor mask#coronavirus mask#mask#cafe#cafelife#cafestagram
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National Lockdown in Italy due to Covid-19 outbreak: what does it mean?
Like I did other times, I'm going to explain what's going on in my country. If you've heard about the safety measures regarding the whole Country, you're probably asking yourself some questions and seeking an answer. "Should I be worried?", "Should I stay at home?", "Should I take particular precautions?", "Should we lockdown too?"; but let me tell you: the answer's not that simple.
I'm going to explain a few things about this whole surreal situation, starting from tonight's national lockdown.
What does lockdown mean? Are people confined in their own homes? No. What lockdown means and what it really is are two totally different things. The lockdown that has taken place starting immediately is just a safety measure, meaning it's not an extreme solution to a grave problem: it's just precaution. People only go out to go to work (that's right, people are still working!), to go buy food and meds. Schools, social gatherings and public spaces are now forbidden.
Does this mean you'll get punished if you go out for any other reason? No. It should be, but all you need is just a piece of paper to give to police officers when asked where you're certifying you're going somewhere because you need to. For example, I still walk my dog, I still can go to any shop to buy something, controls aren't really that strict. It's said to avoid crowded spaces, not to forbid everyone from going out. There are many contradictions. For example, all stores and shops are still open: a friend of mine works in a clothing shop and still goes to work everyday. It's not a shop where they sell essential necessities, right? And if it is still open, it's because they know they'll have customers.
How can it be avoided? Just follow the basic rules of hygiene, nothing new. Why did you cross the face mask one? Because it's useless to wear one if you're not a carrier of the disease. This will not help you not get infected, it'll help you not to spread it IF you're infected. I've seen people out in the city with gloves: not necessary.
Is the situation really that bad? No, it really isn't! People are just panicking, creating unnecessary alarmism. They have estimated that the number of infections is waaaay below the one caused by the normal seasonal flu. You don't believe me? Check it out yourself: https://www.livescience.com/new-coronavirus-compare-with-flu.html
What if I believe I'm infected? Don't go out! Stay at home and call the emergency number. They'll come to your house and test you. If you turn out to be positive, they'll know what to do: they'll either prescribe a period of quarantine at your own house or, if there's the risk of major complications, you'll be transferred to a hospital and put in isolation.
What if I meet someone with flu-like symptoms/who came from a "danger zone"? First, once they come in (your house, a shop, an office, etc), don't let them go anywhere. Then report them to the authorities. If they are carriers of the disease, they should be prevented from going out and spreading it.
Take it from me, an Italian immunocompromised med student. No need to panick. Just go on with your life like always. Spread the word.
Hope this was helpful!
#covid19#covid2019#covid 19#covidー19#coronavirus#italy#italy lockdown#lockdown#virus#disease#contagious#day trading corona virus#corona virus india#wuhan virus#virus vũ hán#virus corona vũ hán#vaccine#meds#news#science news#breaking news#precautions#safety#safety measures#quarantine#sars cov 2#sars#sarslike#viral
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Hi to everyone that follows me,
Today I’m asking for a little help, I’m serena an Italian girl and for those who don’t know what’s happening here, we are closed in our homes due to the coronavirus crise. Because of this law that we must stay home at all times, neither me nor my sister nor my mother can go to work, this prevents us to get the coronavirus and unfortunately our monthly income (we all work without a legal contract, my mom is a cleaning lady, I help in a daycare an my sister is practicing law in a law firm, so our monthly income is not guaranteed). To add another inconvenience, my mom is an addict, so we are already deeply in debt and cannot ask for a loan to anyone. Besides I have to pay my university taxes in order to get my degree this July and finally leave thi abusive house.
I’m asking for a little help from anyone even an euro or a dollar can make the difference between starving ourselves and surviving this month and keep going on with our lives.
This is my Paypal paypal.me/gregsep
If you cannot contribute, please help spread my message.
These are the money I owe to my university and the last day I have to pay them is the 30th of March
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