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The remaining months in 2020 and its prospects for the global economy

    The remaining months in 2020 and its prospects for the global economy

    • 2020-09-08 22:12:11
    • 297
    The remaining months in 2020 and its prospects for the global economy

    It has become difficult for the global economy to emerge from the crises of the new Corona virus and achieve a recovery, and this is what makes speculation about the fate of the remaining months ambiguous, because so far no effective vaccine for the emerging virus has been found.
    According to the forecasts of the news, the coming winter is likely to lead to another wave of outbreaks of the Corona virus, with no vaccine.
    And many governments in the world tried to restore normalcy to their economy by injecting a lot of financial support.
    In another context, some emerging markets began to recover, especially after the dollar's decline.
    But to preserve the economy in general, it will not be easy, especially in the presence of large financial support by governments, because at the time support and incentives are also offered, there are large and international companies that have already begun to reduce the number of workers significantly and is noticeable and some of them resorted to reducing their production due to the absence of customers As required.
    It has become very clear that most governments tend to control, and in the worst case, to maintain the current situation as it is so as not to be exposed to other shocks and losses.
    In addition, stock markets will witness a decline in the coming months, with expectations that the coming winter will carry a more severe wave of the emerging Corona virus.
    So the only hope for a return to life and the recovery of the global economy is to produce an effective vaccine for this virus.