Introduction
Coronavirus is one of the most important and seriousness events nowadays. Its just a virus but it horrify the whole world because of the huge numbers of Corona victims and deaths. Starting from China to all around the world, leaving behind it a human casualties, deaths, health, economic and financial losses. As a result of all these events in a short period of time this research will discuss the economic, health and financial effects of coronavirus.
Literature review
Coronavirus leaving behind it a health, economic and financial effects and losses. According to Dr Ness (2020), because coronavirus is new in the ill yard, still we don’t know all the symptoms of this virus. But what the doctors observe it in most patients are identically symptoms. There are a different levels of symptoms starting from dry cough then moving to dangerous symptoms which is, shortness breathing, pneumonia which leads to pulmonary and intestinal damage. Some patients complained from nausea and diarrhea, but its not common. symptoms stretch to liver damage and kidneys damage, also it causes heart rhythm disorder and immune systems.In addition, Mckeever (2020), says coronavirus can effect or cause acute kidney damage extending to kidney failure because the virus aiming and enters to kidney tubes which working to filtering the blood, so it causes it’s inflammation and it’s forcing and stopping the kidney to filtering the blood. Since the appearance of coronavirus until 9th of March China has lost one third of the value of the oil and the parentage of sales in London, Paris and Frankfurt have been decreased between 7% to 8%. Unfortunately the British regional airlines company -Flybe- canceled it’s flights since the 6th of March. Also the IATA expected the revenue will decreased to 113 billion dollars this year ( Hutt , 2020). Moreover coronavirus effect the aviation and airline’s as Spinks (2020) states that, because of this virus so many airlines losses in their shares value, for example France Air have lose their value of their shares 13% in this month, even the Royal Caribbean Airlines have loss 20 dollars for each shares this year. And we don’t forgets the financial effects which causes by coronavirus for the business men, for example the last Monday was the worst day for the Wall Streets for more than 10 years ( Morsley, 2020 ).
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Discussion
As a result of this sudden virus it also effect the whole world in so many suddenly side, the health side like kidney damage and heart rhythm disorder which leads to death and still the doctors they don’t find any cure for it. Also isn’t in health side only it’s extended to the economic side like, low oil prices in China and low percentage sales in some Europe countries to achieve 7% and 8% losses. Moreover so many airlines companies even have been effected such IATA which expect to lose more than 113 billion dollars this year! Finally this virus also effects the financial side for all kind of companies with out exception starting from popular shops to the aviation industry and companies, like how France air it share price fell and Royal Caribbean where they lose 20 dollars for each share through this year.
4Conclusion
At the end of this research we hope its provide an explanation which present the effects of coronavirus which are, health, economic and financial effects for whole the world, summarized in kidney damage and heart rhythm disorder leading to death and economic losses in oil and aviation and low shares prices and low sales percentage starting from popular shops then extending to governmental companies. And I found these sources useful and included all the points which I aimed it.
Reference
- Hutt.R.,(2020).The economic effects of COVID-19 around the world.Retrieved from https://www.weforum.org/agenda/2020/02/coronavirus-economic-effects-global-economy-trade-travel/
- Horsley.S.,(2020).The Coronavirus' Impact On Financial Markets And The Economy.Retrieved from https://www.npr.org/2020/03/10/813922161/the-impact-of-the-coronavirus-on-financial-markets-and-the-economy
- Mckeever.A.,(2020).Here’s what coronavirus does to the body.Retrieved from https://www.nationalgeographic.com/science/2020/02/here-is-what-coronavirus-does-to-the-body/#close
- Spinks.R.,(2020).Coronavirus’ Effect on the Travel Industry Deepens as Global Emergency Is Declared.Retrieved from https://skift.com/2020/01/30/coronavirus-effect-on-the-travel-industry-deepens-as-global-emergency-is-declared/?utm_source=HospitalityNet&utm_medium=referral
- Ness.W.,(2020).The Complete Guide to the Coronavirus (COVID-19): Symptoms, Prevention. Retrieved from https://books.google.com.om/books?id=3MXTDwAAQBAJ&printsec=frontcover&dq=effect+of+coronavirus&hl=ar&sa=X&ved=0ahUKEwio2-LLspLoAhX1snEKHSEdCq0Q6AEILDAB#v=onepage&q=effect%20of%20coronavirus&f=false
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