These 10 Countries Become the Most Contributors of COVID-19
Recently, the World Health Organization (WHO) recorded 5.2 million new cases of Corona infection globally last week. He explained, this was the highest addition of cases for a week since the COVID-19 pandemic.
Not only that, the number of Corona deaths has also increased for five consecutive weeks. Until now, more than 3 million people in the world have died.
“It took nine months to reach 1 million deaths, four months to reach 2 million and three months to reach 3 million deaths,” said WHO Director-General Tedros Adhanom Ghebreyesus.
Here are the 10 countries with the most contributors quoted from the Worldometers page:
- United States of America
Total cases: 32,602,051 cases
Died: 583,330 cases
Cured: 25,117,434 cases
Total cases: 15,930,965 cases
Died: 184,672 cases
Cured: 13,454,880 cases
Total cases: 14,122,795 cases
Died: 381,687 cases
Cured: 12,646,132 cases
Total cases: 5,374,288 cases
Died: 101,881 cases
Cured: 4,218,294 cases
Total cases: 4,727,125 cases
Died: 106,706 cases
Cured: 4,352,873 cases
Total cases: 4,446,591 cases
Died: 36,975 cases
Cured: 3,844,342 cases
Total cases: 4,395,703 cases
Died: 127,327 cases
Cured: 4,166,734 cases
Total cases: 3,904,889 cases
Died: 117,997 cases
Cured: 3,311,267 cases
Total cases: 3,446,072 cases
Died: 77,364 cases
Cured: 3,151,587 cases
Total cases: 3,208,672 cases
Died: 81,382 cases
Cured: 2,845,300 cases
The Impact of Covid-19 on World Trade
The World Trade Organization (WTO) predicts the volume of world trade is expected to fall between 13-32% in 2020 as a result of the outbreak of the coronavirus (covid-19). A very wide prediction range.
The WTO also cannot confirm exactly when trade activities will return to normal, given the unpredictable nature of this pandemic, making it very difficult to determine what steps to take. The largest trade organization only dared to predict that the new recovery process would take place next year (2021) without specifying the exact time.
The WTO gives a fairly large range of impacts (13-32%) considering the unpredictable nature of this pandemic and the uncertain impact on the economy. But one thing is certain, according to WTO economists, the impact on global trade will be more severe than the 2008-09 financial crisis.
According to the WTO, almost all regions will experience a double-digit decline in trade volume, with exports from North America and Asia the worst hit. Meanwhile, in terms of commodities, electronic and automotive products will be affected the most considering that these two sectors involve more complex supply chain activities.
“This is the first health crisis that has caught the world’s attention the most and the most confusing in determining what policies should be taken to protect the safety of people’s lives and the people of each country,” said WTO Director General Roberto Azevêdo as quoted by Lloyd’s List.
“The decline in trade is inevitable. This pandemic has reduced the level of household consumption, people’s purchasing power, and of course business activity, which in turn has an impact on the decline in trade activity,” continued Azevêdo.
According to him, what needs to be done immediately is how all countries can control the spread on the one hand, while on the other hand how to prevent this pandemic from having an increasingly severe impact on the economy of society, companies, and the state.
Azevêdo explained that the figures related to the impact of COVID-19 on the economy look very dire. He hopes for a speedy recovery but it really depends on what steps are taken at this time.
“We need to lay a solid and sustainable foundation so that the recovery process can run quickly. Solid foundations in all aspects, be it trade, fiscal, or financial policies. Keeping the market open and predictable is very necessary at this time so that the amount of investment we need can be realized. And if all nations can work together, the recovery we hope for can come more quickly.”
The outbreak of the COVID-19 pandemic is certainly a very heavy blow to global trade, which has slumped since last year. In 2019, following the heightened trade war tensions, global trade volume decreased by 0.1%, whereas the previous year (2018) it was still growing 2.9%. Meanwhile, in terms of valuation, according to the WTO, the value of trade in 2019 fell by 3%, to US$18.89 trillion.
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