CORONA VIRUS REMAINS THE BAD OMEN FOR THE YEAR'S SECOND BUSINESS QUARTER, DESPITE GLOBAL MEASURES TO CONTAIN ITS SPREADING RATE.

   Corona virus remains the bad omen for this year's second business quarter, despite global measures in the attempts to contain and possibly eradicate the spread rate effect of this unprecedented and less known disease that has continued to infect and claim many lives in various parts of the World of which the United States of America and Germany have both top the list of countries that have reported high infection rates in ten and hundreds of thousands within the shortest time period of the first and the second business quarters of the year which have been generally specified as the year two thousand and twenty two (2020). Markets performance at home and in many countries of the World, particularly the domestic markets have remarkably tumbled and sustained considerable losses, due to the spread rate of the pandemic in addition to the measures in the attempts to contain the spread rate of the virus. Many legislatures business personnel and ordinary citizens have demanded relaxation of the measures against the spread rate of corona virus for immediate rebound of markets performance, specially the financial markets and the retail sector markets in the various countries of the World, particularly in the USA and Germany, besides the major Asian countries. Few of the mentioned measures entailed the social distancing measure of which many people, or all the people have been required to keep one to one and half meter distance from one another during social, or other forms of gathering in the many attempts for the prevention, or rather containment of the spread rate of the virus in many countries of the World, as a result legislative measures for the enforcement of the regulations have further strengthened the regulations with the measures against the spread rate of corona virus. Besides, the measures which disbanded social gathering activities and other business activities for which intimacy, or much closer distant contact between partners have been generally described as indispensable in social and business activities. In the United States of America and other EU and non EU countries as Britain Germany Spain and France, billions of dollars has been generally projected as the foreseeable financial damage for the financial markets and retail sector markets in the specified countries in which businesses have sustained considerable losses as a result of the measures against the spread rate of the virus for which varied Institutions and businesses have either complained, or filed the disputed claims for compensation against the local and the State systems of governments of the mentioned countries, in addition to the Representatives and various governments demand for the extension of the time period for the measures against the spread of the virus and possibly its prevention by measures, rather than its cure by vaccine. Another major issue, or rather the havoc has been mentioned as the distribution problem of the allocated huge budget for the prevention of the spread rate of the virus by measures which entailed the social distancing measure, particularly for the most vulnerable at work places and shelters, or hotels of the mentioned countries. Besides, the challenges for the managers accountants and other money professionals against the emerging corruption in the various fields of businesses and its branches and in the Communities in which financial aid has been required. Dispute over border crossing measures which has been described as additional measure against the spread of the pandemic has remained highlighted in various countries as an issue of major concern, particularly in the countries in which the major ports and various exit and entry points have been closed in the many attempts for the containment of the spread rates of the virus in the domestic and the neighboring countries. These border crossing measures have extensively affected the various types of transportation systems that included the air travel the rail road and the on road means of transportation systems that entailed buses and various other vehicles such as motor cycles bicycles and the on foot means of transport for many pedestrians on the short and long distance traveling at home and in many countries of this World. Nevertheless, joint global approach has been required and extended for the fight against the fight of corona virus by the legislative order of the high Executive the Parliament and the Highest Courts of many countries of the World, despite the mentioned various complains of businesses and citizens that have been directly, or indirectly affected by both the Pandemic and the measures for its containment, or rather eradication.

          Written by Professor Godfrey Ohia.

Bank : Green Dot Bank,  Routing Number : 124303120
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Name : Professor Godfrey Ohia,   Country : Atlanta Georgia USA.