Coronavirus outbreak which emerged in December 2019 has created terror among the nations and their economies. On March 12th WHO declared Coronavirus as Pandemic.
In an orthodox manner, the two major and powerful economically strong countries – the United States and China are indulged in the war of words regarding the Coronavirus outbreak.
For the past few days, the US is blaming China and Vice-versa blames are being heard in social media about Coronavirus birth. On one hand, the US slams China of being lazy and irresponsible for stopping the pandemic and as a response, China in return alleges the US of sending the virus through its army.
Anyways, strong words were exchanged between the countries, that will not yield any solution for the Coronavirus Pandemic. World Health Organization (WHO) is repeatedly urging the world countries to take appropriate measures to contain the spread of the pandemic.
Also, read: Threat of Coronavirus Spread – Analysis
Though the countries are stating that they are taking adequate measures to ensure the stoppage of the outbreak, in reality, the situation is worsening day by day.
WHO already announced that Millions of Dollars will be needed to spend on eradicating the Coronavirus as on date. But a country like the U.S has itself act as nothing serious about the situation in controlling or eradicating the pandemic Coronavirus.
From January 2020, trade and commerce have been declining at an alarming rate. The global stock markets have already indicated the Coronavirus effect by slowing down.
Every year, especially in cold seasons, there are concerns about health with flu diseases. But the Coronavirus or the COVID-19 has a bigger and larger impact on health and economies this time. The mortality rate is much higher than the normal flue diseases. The reason that is being mentioned is the Coronavirus is a big sized bacteria, hence the death rate is high and the number of infected people is also high.
To remember, Swine flu and Ebola-like diseases have also shivered many people across the world. But the speed of their spreading was much lesser than the latest Coronavirus. The death toll is also likely to be high as per the present situation due to COVID-19.