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Thursday, 30 April 2020

Corona virus pandemic: The cause of global economy meltdown


Our planet is falling mother earth needs a panacea.
       As of today, confimed cases of covid-19 pandemic attack around the world has now exceeded 3million according to W.H.O. The global world at large has now reported 3,197,198 cases so far leaving the world with 226,538 deaths. The president of United States Donald Trump at the press conference briefings yesterday in Washington claimed to have seen a much more clearer evidence that Wuhan institute of virology was the origin of this deadly virus.

The prime minister of U.K Borris Johnson has returned to office having fully recovered after tested positive of covid-19. The prime minister as well as his wife Carrie Symonds has announced the arrival of their new born baby. He declared unto the press that the country has now gone beyond the peak of the deadly virus and he can now see an epitome of  brighter days ahead of them all.

With the outbreak of covid-19 still at hand, the world economy, businesses, trade centres and commercial firms is at stake. Nigeria, an oil dependent country like other countries in the world have been greatly affected and this has resulted into series of lockdowns, imposing travel bans to contain the spread of the virus which could eventually lead to inflation and mounting more pressure on the cost of production.

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