Tag Archives: Economic

Pandemic’s economic hit will be here ‘for a long time’ even if a vaccine is approved, economist says

While markets reacted positively this week to promising news of potential coronavirus vaccines in development, a top economist warned that the economic hit from the pandemic will be here for a long time.  A large number of small businesses that closed in March — when restrictions around social movements went into effect — are not going to… Read More »

Economic impact of coronavirus outbreak likely to eclipse SARS crisis

By Adam Vaughan The effects of coronavirus are impacting the Shanghai Stock ExchangeYifan Ding/Getty The economic shock waves of the Wuhan coronavirus look likely to eclipse the 2003 SARS crisis, as shares in China fell dramatically and analysts downgraded their forecasts for the country’s growth. The Shanghai Composite Index fell by 8 per cent today,… Read More »

Link Between Personal Health and the Economic Status of High Class Social Contacts Found

Knowing people with luxury lives can have a good or bad impact on your life, depending on the way of how you compare yourself with them. The results of this study are published in the journal of Social Science and Medicine. Song studies the relationship between a person’s health and the socioeconomic status of their… Read More »