What is a coronavirus and how has it affected the global market

At the end of last year, the first case of Coronavirus was reported from Wahun, China. This is not the first outbreak of a virus in China that has caused lots of worries and tension in its citizens as well as the other countries. In the past, there was also a virus called SARS which caused a lot of fatalities and affected the global market between China and other countries. Recently, the reports of the spread of Coronavirus has increased amicably not only in China but also in the neighboring countries. Fear has it that some cases have been reported in Canada and other European countries. Since the outbreak of this virus, Chinese citizens and the people of the Chinese origin have received discrimination from others who have labeled them all as having been affected by the virus. This has led to the China travel ban where no one in China is allowed to travel to whichever country despite the many people who have a variety of things to do in various countries and others who want to visit China. In the past week, the UN declared Coronavirus as a global emergency which has brought about lots of tension is not all Chinese people but also the rest of the world at large. The WHO also added to say that the virus has been declared a global health emergency and the first in our era that has proven to be fatal and hardly treatable.

What is Coronavirus?

Corona Virus

These viruses belong under a family of viruses that have for a while been known to contain strains. The strains are very fatal and can easily cause catastrophic deaths in birds as well as mammals. This shows that any exposure of the virus to a person it can easily be transferrable through airborne droplets of fluids which are produced and released by the infected persons. The genus of this virus that easily affects mammals and birds is Deltacoronavirus.

What are the symptoms?

It is hard to realize that the symptoms one has are for the virus since they are numerous. Includes, a bad
cold which brings about respiratory complications such as a sore throat or a runny nose. There is also a
fever in the body.

How has Coronavirus affected the global market?

The virus has brought about complications in the market transactions between China and global chain
supplies and economies, for example, the US whose economic deal had just been signed and was
underway to start being implemented. This has brought a lot of delays and setbacks since even the
Chinese citizens have been banned from traveling due to fear of the spread of the virus. The Chinese
had not been doing great since some of its economic allies such as America had resorted elsewhere to
get supplies due to China's new tariffs and trade tensions. The impact that will be brought by the virus
on the global is expected to be way severe than that of SARS back in 2003. Tourism has been called to a
halt due to the quick transmission of the virus from person to person thus China will greatly suffer a
decline and a great setback in its back then-booming global market relations.

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Trade War Affects on Countries


The trade agreement between these super developed countries is aimed at benefiting both their economies at a larger and profitable scale. On January 15, 2020, both counties that are US and China had a sit-down and finally said yes to the long-awaited Phase One trade deal of the Agreement this is the US-China Economic and Trade Agreement. This trade deal between the two countries has been perceived and believed to be a tool in de-escalating the so-called US-China Trade war that has been on-going. In the past 18 months or so, we have seen the two powerful economic counties battle against each other without the hope of burying the hatchet with an agreement. The economic battle led to several restrictions from both parties such as a Tariff war between the two as a payback, establishment of foreign technology restrictions and the cases were presented and battled at the WTO. This led to the on-off meetings, back and forth negotiations which brought no deal or any sort of agreement on the table for the two countries to conform to and agree to work together.

Trade War and Their Impact

China and the US were both glad that finally the deal had been reached and sealed with both parties signatures, Trump hailed the deal as ‘a momentous step’ that will see both countries strive to make their economies outstanding and growing. China, on the other hand, did not fail to comment on the signed agreement, the Chinese Vice President Liu He who was representing the Chinese President, XI Jinping commended the trade deal and termed it as an indication for resolving any form of disagreement or difference between the two. The Phase One trade agreement became a deal-breaker for the betterment and growth of the economies of both the US and China.

Although the agreement has been signed and agreed upon, it has left some pending questions that people are still asking. The most crucial of the industrial policies and subsidies that are very prominent and meaningful to China and if failed to be addressed however good the deal is, the trade might just erupt at any particular moment. A revision of Phase One Agreement shows that China vowed to make $200 billion in buying US products and besides promise to address the currency, intellectual concerns as well as improve the idea of market access is crucial and key sectors one of them being the financial services. On the other hand, the US tabled its reforms in the Agreement stating that it will cancel tariffs that had been planned to be effective beginning 15th January 2020. It also stated on cutting in half a previous round of 15% of the tariffs on $120 billion in its trade with China. Both countries’ grievances and solutions are enticing and give lots of hope on economic growth however if the concerns on subsidies by China are not addressed then both nations are on the verge of experiencing the Trade war once again.

Both sides have agreed on making more frequent talks to keep in touch and also address any issues that may arise in line with their trade argument. Both countries despite the Trade war that had escalated before the signing of the Agreement, have dire need to restore the economic relationship. What does this mean to the Private sectors in either China or Us? Well, we are eager to see the outcome of the Phase One Agreement since some of China’s private sectors such as HP had started looking for other non-US suppliers for their products.

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What are the Best Apps with the latest Tweets on the Economy and the Stock Market?

As the world is getting more forward-looking in terms of technology, everything seems so digital now, and nobody can deny the presence of social media platforms that are changing not only human life but the impression of businesses and stock markets, too. Among them, Twitter is getting attention as the top-rated social media site, and it’s quite an exciting one.

How Twitter influence stock markets worldwide?

Twitter is a household name now, and we all know the presence of social media in our lives. The power of social platforms is getting an increase with each passing day. It has the potential to influence not only a common man’s life but stock markets, too.

twitter feeds app for stock market

As per the research, almost a third of all businesses have social media, while half have a web presence, too. Two crucial platforms are influencing markets on a broader scale, including Twitter and LinkedIn.

According to the report of 2013, over 66% of companies are willing to increase their social media presence because of competitiveness and the influence of them on everyday stock analytics. In the same report, you can see the leading position among social media belonged to LinkedIn (58%) and Twitter (47%). When it comes to the former one, it is for the recruitment purpose as people upload their resumes, and the company hires them as per their suitability. The latter one is influencing the stock markets because larger companies feel more pressure on them as everyone’s eyes are on their activities.

How Twitter Works?

There are different patterns of using Twitter. When it comes to large businesses, they preferably tweet more and keep their followers up-to-date with their strategies and policies so that they keep themselves into the competition, while smaller companies like to share hyperlinks and hashtags in their tweets more than anything.

Using hashtags is an effective method to spread one’s message or a tweet to the broader audience fast so you can find any tweet with ease. However, there are many applications in Play Store that are providing the latest updates on stock markets tweets. Do you want to know about them? Let’s find out.

Best Apps with Latest Tweets on Economy and Stock Market

Some of the best applications to follow for latest tweets are:


  • ET Market-The Economic Times

One of the leading application, The Economic Times, where you can find everything about economy, financial statistics, and business trends is the right place to get the breaking news. Being the top-rated platform, you can find all the latest tweets of prominent companies. Install this application and stay up-to-date with the newest market share and prices.

  • Moneycontrol

The top-notch financial portal, Moneycontrol, has its eyes on all essential details, including market prices, bond, and stock prices, financial analysis, recent market trends, Profit and loss analysis, and what not. So, do try it, and download it from Play Store.

  • Livemint (Mint)

Another reliable platform, Livemint or Mint, is on Play Store with all the essential ingredients that can make it one of the top-rated forums in the world. It provides the breaking news, tweets, and analysis on the stock market, large businesses, and economies.

  • NDTV Profit

Providing the latest Sensex news, stock market tweets, business news, current market trends, and everything you need to know as an investor or a business person, NDTV Profit is one of the ultimate platforms that you could trust without thinking twice.

Of course, many other applications are out there, too. All you need is to research a little bit to get as per your requirement.

  • FinAsst-Your Financial Assistant

Latest application and website the emerging platform, FinAsst, helps you to get global and Indian market news and updates, and you will also get Twitter market recent tweets by installing this application. It also acts as your financial assistant, so you will become tension-free after downloading it in your smartphones.

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What are the Best Methods or Practices to Avoid Unwanted Costs for Business Services?

When it comes to business, expenses are something that a business owner is always looking forward to cutting down, whether it’s a large or small-scale business. Cracking down the unwanted costs is one tricky job as well; it needs creativity, innovation, and making the right decisions at the right time. What does a company want from a business? Profit, so one has to keep an eye on a single increase or decrease in expenses because every penny counts in an uncertain economy and doing so will lead you to some low-cost business services. Here are the following methods to down unwanted costs for business services.

Less Printing

Printing is a costly operation that requires a lot of equipment. Ink cartridges are not cheap, if you are printing every day, you have to refill it every day, and there would be maintenance cost as well. The entire operation is pricey for no reason. As we are living in a digital age, one can use hard disks to store data instead of using piles of papers and computer can back up your data, too.

Reduce supply expenses

Instead of investing a lot of money on traditional office vendor, the company may avoid over costing by using large discount suppliers like BJ’s, Amazon or Wal-Mart.

Cut production costs

As a business owner, your foremost duty to cut material costs and optimize your resources. By using the leftover, recycling, efficiently getting the most out of the real estate. To maximize the use of your available resources, track and measure operational efficiency.

Lower financial expenditures  

Additional expenditure needs to cut down to avoid unwanted business costs. A company must have a look at the insurance policies and financial accounts to reduce the price of the services..

Use Internet Marketing

Instead of spilling thousands on TV ads or billboards, the company may use search engines to generate traffic to your websites. By using Facebook, Twitter, and blogs, you may find a plethora of customers, and these methods are cheaper, as well as more effective. For this, all you need to do is to find out what will be a better method for your targeted demographic, social media, or traditional media.

Less traveling

Try to reduce business costs by operating in a virtual style, whenever possible. In modern time, you can arrange your meetings on Skype and on other online applications that provide you quality services. Moreover, unnecessary trips will do nothing but waste enough time and cost of your company. So, you can avoid spending a high amount of money on traveling by taking strategic steps.

Audit your monthly subscription billing

One of the most effective measures to minimize your extravagant cost of business services is by auditing every month. Most businesses subscribed to auditing software like SaaS, and it will continuously hit your credit card months after month. On the other hand, you can hire an employee for the auditing so you would know about every penny that where it goes.

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What are the Reasons for Jet Airways closure, and what will be the Future of the brand?

Jet Airways, once the top-notch airline in India, is now facing problems, and before looking into it, let’s start with a background of the brand first. The company came into being when the upper middle class and elite class prefer air travel only, and because of this, Jet Airways did extremely well and becomes the first choice for the passengers till 2005. The strategies of the brand were to provide excellence of services, but they charge as per their demand, and customers pay them without hesitation, so the business was doing great from the era of the 1990s till mid-2000s.

Jet Airways

What happened after 2005? What are the reasons behind Jet’s Closure?

Later in 2008, when the financial crisis hit the market, the Indian aviation market declined as it was an emerging market at that time, and the passengers dropped, due to which companies had to reduce the prices. But, when the fuel prices increase, all the brands have to raise the costs, and Jet did the same.

Things changed after 2005 when LCCs started to take over the place of Jet Airways with their customer-oriented pricing policies, and Jet found it difficult to compete with the new brand because of the high cost it charges throughout its career, due to which, the company’s business model affected badly.

Even though Jet did the same as other aviation brands, however, the former privately-owned firm had to face other obstacles, too. Firstly, it acquired Air Sahara at the time of crisis, and it had to pay a hefty sum of money. Secondly, other low-cost airlines started rising in India’s skies, and Jet couldn’t do anything but started losing its passengers. It was a tough time not only the company’s shareholder but for the workers, too. Jet needed to reduce its operational costs, but instead, it fired 1900  employees as the brand was under the burden of heavy debt, and that created another crisis for the company. Workers came out on the streets to protest against Jet, and then Naresh Goyal had to re-hire workers again. Things seemed better, but there were much more to come.

The Roller-coaster journey of Jet Airways

Later in 2009, pilots of the airline came out on the roads for protest, because the company didn’t let them create their union, and the owner solved this issue after a great hustle. In the same year, Jet launched another subsidy, Jet Konnect, and it was also a low-cost airline like JetLite (Air Sahara). The newly launched airline did a good business in starting years, but the company was still in debt, and it has to low its cost not only for the full-length carrier but for the subsidies, too. So, it was best only for short-term profit as the company flourished its business by 20% in India.

In 2012, the government of India allowed foreign airlines to take up a share in Indian airlines, and then Etihad lined up with Jet Airways by buying 24% share of the company. Later in 2013, Jet decided to compete with its national rivals; SpiceJet and IndiGo. Both airlines were low-cost carriers, and because of them, he also reduced the cost, but it wasn’t a smart move as the brand kept the high running costs. The year 2013 was a bit better for Jet, but 2014 was a complete disaster because of debt.

In 2015, Jet Airways again managed to reduce its losses, and the year 2016 was a good financial year, too. Things again changed in 2017, when IndiGo started dominating the Indian skies because of low-cost business strategies, and the international aviation market was also not ready to give the brand any chance. Meanwhile, fuel prices surged massively, and Jet started earning good again for a while. However, many investors refused to invest in the brand because of the chairman, Naresh Goyal. They wanted him to resign, but he stubbornly stayed there to save his seat. At last, he stepped down in 2019, but Jet becomes a failure now as many investors leave the company one by one, their fleet size reduced or almost finished in less than a year.

Etihad Airways

Future of the Brand

Right now, there is only one hope for the brand, and that is Etihad Airlines. If Etihad purchases Jet Airways, it still has to pay its $1.2 billion debt, which is massive, and Etihad is also facing financial crises, so the future of Jet is not so bright.

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Qatar Economy


FIFA 2022 World Cup Qatar, sounds like a massive breakthrough for not only Qatar but for the wider MENA region, and it would revolutionize the sporting development economy, too. The state’s goal is to be a global center of excellence for all aspects of the sport. With the benefits extending across Football maniac already exist in Arab countries, it will boost to another level, and will also make a positive bonding between Qatar and its neighboring countries.  Here are the following impacts that Fifa will have on Qatar and other MENA countries.

Patching up with the neighbors

Recently, Gianni led Fifa summit in which he presented the offer to include 16 more teams in the tournament. Qatar has to share some games with neighboring countries because of limited stadiums, and it is difficult to manage lots of teams by only one nation. Back then in 2017, Bahrain, Saudi Arabia, the United Arab Emirates, and Egypt cut relations with Qatar because of it allegedly supporting terrorism. This tournament would not only reunite the countries together but also end amid tensions with Saudi and other regions.

Qatar Stadium

Healthy Culture Exchange

There are millions of football fans all around the earth, and the game unites people together on one platform to support the best teams and players. As Arab countries often face criticism just because of terrorism, this tournament will help Qatar and these countries to prove themselves as one of the most hostile people in the world.

Economic Growth

As Qatar is going to host one of the massive tournaments of the Middle East in the sporting sphere for the very first time, hopefully, it would have a significant impact on the Qatari economy before, during, and even after the events. High revenues and investments are speculating in sporting venues, transports, hotels, broadcasting, and leisure facilities will give a boost to the economic growth, and it will also generate fixed-term employment in the region as well.

Rise in Investment

As per July report 2013 by Deloitte, Qatar will likely to invest around $200bn, out of which, $140bn will spend on transport infrastructure including a new airport, roads, and the Doha Metro. While $20bn will reserve for tourism. It will not only help in uplifting the FDI, but the domestic investment will increase, too. It will also boost the economy.


More Bids to More Events

FIFA World Cup may open the path of their super leagues of the tournament in Qatar as there is a chance that Doha may win the bid for Olympics as it has the resources. In January 2015, Sheikh Saoud bin Abdulrahman Al Thani, the secretary-general of the QOC said, Qatar would continue to offer for prime international sporting events. It means, bidding for hosting matches from foreign Football leagues, but as Sheikh Saoud said, “Qatar is open to any sport.”

Qatar’s potentiality to organize tournaments has already proved, and the state is supporting clubs, athletes and events from around the globe on a week-to-week basis is increasing rapidly. One of the challenges will be the development of interest in athletics among all Qataris, with the aim of improving health and welfare, and securing more medals and trophies for local athletes.

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What happened to Venezuela, and what challenges its Economy is facing?

South American country, Venezuela, was one of the most secure and stable economies in the world, and then the nation got some self-serving politicians in power, who shook the country’s foundations by creating hyperinflation in the country. Isn’t it scary to live in a place, where the annual rate of inflation is 1,300,000% on average? Isn’t it horrible to deal with corruption, social unrest, capital controls, self-serving politics, a global economy bust, and price-fixing? Indeed it’s quite a terrible situation, and Venezuela is sadly going through with all the negative stuff that can destroy any economy’s growth.

What happened to Venezuela?

It all initiated in 1998 when Hugo Chavez came into the government, and he raised the oil prices, which only rose government finances and allowed the socialist regime to boost the spending and borrowing. The conflict began in 2003 when the labor protest at PDVSA, which is the state’s oil company. The strike influenced the production of oil negatively, and it also crippled the entire Venezuelan economy as the Gross Domestic Product fell by 27% within the first four months of the year 2003.

Chavez instituted some measures like nationalization of many industries, installation of import controls, the introduction of a currency peg, and the establishment of subsidies on food and other consumer goods, which were enough to raise the inflation crisis. When the crude oil price collapsed in 2014, the Venezuelan economy faced another challenge; the country’s economy shrank 30% from the duration of 2013 to 2017, which is a drastic change. Moreover, in 2018, the Real GDP was fell by about 18 percent.

venezuela street - man

The ongoing President, Nicholas Maduro first won the elections in April 2013 after the death of his mentor and predecessor, Chavez. He elected twice for six years, and in his first term, Venezuelans blame him for ruining the economy by choosing fiscal deficits rather than promoting welfare spending.

What are the challenges the Venezuelan economy is facing?

Venezuela is one of the prosperous countries that have oil reserves, and its economy is highly dependent on crude oil exports. When Maduro came into power in 2013, then he didn’t have any backup policies for future fluctuations in the oil prices. He didn’t know how to save its country from the collapse of crude oil prices in 2014, which led the economy to move downward, and people have to face hyperinflation.

The hyperinflation caused many Venezuelans to flee the country, and as per the UN report, almost 3 million people have moved to other countries in the last three years. Those, who are still living in it are facing the challenges of scarce resources, poor healthcare system, and the shortage of clean water, electricity, toiletries, and high unemployment.

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How the War Affects the Stock Market in a Negative Way?

You might astonish how war can affect the stock market, but we can explain with recent events. Well, they both are entirely two different things, but war is one the crucial issue when it comes to making money in the economy. The stock market reacts differently to different variables, but war can entirely make it shut down. For instance, in the time of World War 1, the stock market closed for four months throughout the world after the war started.

Cyber War Monitoring

No matter which part of the world whether it is US-Korea, US-Iraq, India-Pakistan, or any other country have conflicts or have a war-like situation, it does affect the stock market negatively. In the time of the war, people start selling their bonds and shares and make fewer investments as there is a state of instability, and they start investing in companies like weapons and gun powder, etc.

To determine the influence of the war, let’s look into how the wars that have happened recently and have shaken up the stock market. Many people have the impression that the recession of the 2000s started with terror attacks on 11 September 2001, because after that incident the events have dropped down sharply.

North Korea Testing Missiles

Geopolitical tensions occur due to North Korea, which may trigger a war-like situation that eventually impacts other stock markets across the globe. According to the report, if North Korea tests its ballistic missile, then there will be a sharp decline in its stock market.

India-Pakistan Air Conflict

There is no doubt that the stock market has affected by war jitters. In the time of peace, we both neighbors have a strong rally, but the market immediately moves to worse because of Indo-Pak Air Strike, and there had been a decline of 200 points in Sensex and 10800 falls in Nifty. While on the other side, Karachi gets the shock of a 4% loss in its stock Exchange tank. Even after the Kargil war, there was a decline in the stock market of both countries.

Overall Trend

Well, wars are of different categories and make sure which one you want to highlight. A war in some cases can be beneficial for the economy take, for instance, the US markets, when the United States decided to go back to Iraq in 2003 we’d currently been in a 2-year bear market, and once the invasion of Iraq started, the markets began to bullish again. And we went on to have a 4-year bull market, the World War, which is a whole different ball game, and it was generally bad for economies particularly for those involved in the actual war. For instance, look at Germany, it was only between 1933 and mid-1939 that the country prospered, but once the war declared in early fall of 1939, their economic prosperity was no more. Now on the other hand, once a war is over this generally generates a new bull market as hope comes back to investors.

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Crude Oil Mining Image

Crude Oil Price Analysis 2018-2019

One of the necessities of the universe right now is nothing, but crude oil, which is unrefined petroleum that formed of hydrocarbon deposits along with different organic materials.

It refines to make products like gasoline, petrochemicals, and diesel. Since it’s a very crucial need of the modern era, so let’s check out the crude oil price analysis of 2018-2019. It will also be beneficial in predicting the future of oil prices.

Crude Oil Mining Image

Crude Oil Analysis 2018-19

When we take a glance at the first half of the year 2018, we can see the fluctuations in the price of crude oil. As per the statistics, the price was 69.08 U.S dollars per barrel, which fell a bit and become 65.32 in February 2018. In March, it rose a bit to 66.02 dollars per barrel, and then you could see the further rise in the Brent crude oil price for April and May (72.11 and 76.98 respectively). The oil price for the last month of the first half of 2018 recorded as 74.4 dollars.

The year’s second half, however, brought more positive results with it as the overall Brent crude oil prices were low, but there were also some exceptions like 78.89 in September and 81.03 in October. The last month’s price recorded as 57.36 dollars per barrel, which shows the decrease in the price level for Brent Crude Oil.

Comes from the Brent oil field, which located in the North-East of the Shetland Islands (part of the United Kingdom), the Brent oil is among the lightest crude oils consists of a low content of Sulphur. The notable point is it refined into gasoline and middle distillates in North-West Europe.

The other crucial benchmark includes West Texas Intermediate (WTI), and it also rose close to 30% between the time duration of January and October, from 60 dollars to 78 dollars. Keep in mind WTI is quite essential for North America, and Dubai Crude dominates the Asian Market for oil.

Crude Oil Forecast

US Crude Oil Production and Imports

As per the forecast, the average crude oil price per barrel will be 73.7 dollars in 2019. The predictions depend on the supply and demand’ interaction in the international market for oil. After the modest growth in 2018, the expectations are high that the nominal price of West Texas Intermediate will increase to 50 dollars per barrel, and the Brent price will rise to 53 dollars per barrel in 2020. Moreover, the World Bank also expects the overall increase in all three Crude oil benchmarks (Brent, WTI, and Dubai Crude) even after 2020. The expectations are $70 would be the average rate per barrel by 2030.

Current Scenario of Commodity Markets in China

Future of Gold Price Demand and Supply

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Current Scenario of Commodity Markets in China

China is one of the leading world economies. There is a possibility of commodities prices going up in 2019. But the China commodity market is dealing with an unprecedented number of disruptions including China and USA change in tariffs. As the world’s biggest buyer of natural resources made the presence of China felt on demand for crude oil, iron ore, coal, and purified natural gas. China’s extreme demand for major commodities is likely to remain the most determining factor influencing demand and supply in 2019.

Due to constraints in domestic gas inputs in China and the capacity limitations for pipeline imports, this means that liquified natural gas imports will increase in 2019 even if the price remains high. Secondly, China’s increasing use of natural gas has resulted in a decrease in coal import in China.

China has now boosted domestic production, this means that imports may find the going tougher this year. There is a possibility of iron ore markets in China will receive an increasing quality premium high-quality grade ore, which will, in turn, boost the fortunes of some producers but affect those in India which are majorly known for low-grade ore. Despite the efforts of the Organization of the Petroleum Exporting Countries and its allies to control the supply of oil to China, the oil demand is dominated by China.

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