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As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...
Chaos and the negative effects of the COVID-19 pandemic may have made a catastrophic future seem less remote and action to prevent it more necessary. However, it may also have the opposite effect by having minds focus on the more immediate threat of the pandemic rather than the climate crisis or the prevention of other disasters.
The pandemic shook the world's economy, with especially severe economic damage in the United States, Europe and Latin America. [ 435 ] [ 436 ] A consensus report by American intelligence agencies in April 2021 concluded, "Efforts to contain and manage the virus have reinforced nationalist trends globally, as some states turned inward to protect ...
The COVID-19 pandemic was a pandemic of Coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2); the outbreak was identified in Wuhan, China, in December 2019, declared to be a Public Health Emergency of International Concern from 30 January 2020 to 5 May 2023, and recognized as a pandemic by ...
The World Bank and related agencies like the IMF have played a major role in the global financial response to the pandemic. On 4 March 2020, UN economists at UNCTAD, the World Bank and the IMF announced a likely $50 billion drop in worldwide manufacturing exports in February, together with an IMF pledge of support for vulnerable countries. [109]
Given the lingering effects of last year's Hollywood labor strikes, the relative lack of big movies and a dismal first half of the year at the box office, the film industry is breathing a ...
The pandemic has also negatively impacted mental health globally, including increased loneliness resulting from social distancing [14] and depression and domestic violence from lockdowns. [15] As of June 2020, 40% of U.S. adults were experiencing adverse mental health symptoms, with 11% having seriously considered to attempt suicide. [ 16 ]