Tag: money making

While we may well look back on the coronavirus pandemic as a distinctly human crisis, it’s the socio-economic impact of the virus that may ultimately prove to be most damaging.  According to estimates from the International Monetary Fund (IMF), the global economy is projected to contract by 4.4{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} by the end of 2020, with the average unemployment rate in developed nations falling from 5.2{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} to 8.5{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} at the start of quarter four.  On the flip side, however, the development of a potential vaccine for the coronavirus has the potential to provide a long-term economic boost, while simultaneously improving the level of sentiment across an array of financial markets.    How has the Vaccine Developed so Far? As you can imagine, there has been something of a global