COVID-19 and Its Impact on World Politics

[Assassin 2.0]

 

[LurkerBaba]

Maybe...just maybe it's not all sound bites. This could be a once in a lifetime opportunity for Indian manufacturing. GoI please don't let us down !

--

Addressing a news conference here on Wednesday, Mr. Pompeo said, “We’re working with our friends in Australia, India and Japan, New Zealand, the Republic of Korea, and Vietnam to share information and best practices as we begin to move the global economy forward.”

“Our conversation certainly involved global supply chains, keeping them running smoothly, getting our economies back to full strength and thinking about how we restructure the supply change chains to prevent something like this from ever happening again,” he said

U.S. in talks with India, other ‘friends’ to restructure global supply chains: Pompeo

Over the last few weeks, Mr. Pompeo has spoken over phone – at least four times – with External Affairs Minister S. Jaishankar.

www.thehindu.com

 

[Dovah]

Maybe...just maybe it's not all sound bites. This could be a once in a lifetime opportunity for Indian manufacturing. GoI please don't let us down !

--

U.S. in talks with India, other ‘friends’ to restructure global supply chains: Pompeo

Over the last few weeks, Mr. Pompeo has spoken over phone – at least four times – with External Affairs Minister S. Jaishankar.

www.thehindu.com

They're going to screw this up. Guaranteed.

It is up to the state governments now. They should take the lead on it.

 

[nrj]

Germany to emerge in a better shape ?

Number of deaths in comparative terms quite low than other countries caught in middle of pandemic. Testing capability of Germany also appears to be superior to US/UK. Unemployment rate is also going to be lower than others. Its not just the absolute metric of workers with jobs, it has significant impact on society as a whole.

According to German Health Minister, all they really did was prepare themselves better.

Many of the German industries closed down on their own without Govt intervention because of restricted or no access to target countries of export. With that deep pocket, Germany just got itself totally disproportionate aid among EU members, even when other EU states are far worse affected.

No wonder Ram Madhav wants India to partner with Germany to build New World Order.

They are failing fast, and experimenting different measures to reopen quickly. If everyone is really going to corner China (not a good idea IMO), Germany will be the ultimate location to fill the gap in exports market, that coupled with unmatched capability in high-tech industry.

Deutschland calling ?

 

[Assassin 2.0]

 

[Dovah]

Germany to emerge in a better shape ?

Number of deaths in comparative terms quite low than other countries caught in middle of pandemic. Testing capability of Germany also appears to be superior to US/UK. Unemployment rate is also going to be lower than others. Its not just the absolute metric of workers with jobs, it has significant impact on society as a whole.

According to German Health Minister, all they really did was prepare themselves better.

Many of the German industries closed down on their own without Govt intervention because of restricted or no access to target countries of export. With that deep pocket, Germany just got itself totally disproportionate aid among EU members, even when other EU states are far worse affected.

No wonder Ram Madhav wants India to partner with Germany to build New World Order.

They are failing fast, and experimenting different measures to reopen quickly. If everyone is really going to corner China (not a good idea IMO), Germany will be the ultimate location to fill the gap in exports market, that coupled with unmatched capability in high-tech industry.

Deutschland calling ?

German economy is too tied up with the European economy. They won't be able to pass legislation to take advantage of this without ditching the EU, in which case they lose the single market which was the whole point of EU in the first place. But Merkel is probably the smartest leader in the world, she'll figure something out.

 

[nrj]

German economy is too tied up with the European economy. They won't be able to pass legislation to take advantage of this without ditching the EU, in which case they lose the single market which was the whole point of EU in the first place. But Merkel is probably the smartest leader in the world, she'll figure something out.

Maybe keeping together with EU is more rewarding to Germany than breaking away? With other members further weakened, and UK out of the picture; Berlin can bulldoze its way on the mainland. Macron sounds lost with confidence and was pessimistic about lifting lockdown soon. Social instability in France is not well reported. Germany could be in better position if it doesn't face a surprise in managing corona, and would be natural leader for europe in coming time.

On world stage, it can very well act as a buffer between China & US, who seems to be locked in polarized position against one another. It could've been Russia (to act as buffer), given the wannabe-european has had a consistent agenda to increase its geographic sphere of influence for decades now; but US will never legitimize Russia (aside from the fact that its leverage based on oil/gas is no longer sticking like it did in Iraq situation or 2008 crisis). But Germany is export focused, that brings in dependence for industry. And I haven't been able to put mind around what the degenerated banking industry will look like in a year.

Although there are lot of ifs and buts; if Germany was looking for its chance, it is now IMO.

 

[nrj]

115 % !

 

[Assassin 2.0]

Australians are Chinese owned.
This further proves why india have trust issues with Australia.

 

[Assassin 2.0]

Extraordinary scenes as Chinese diplomat hijacks government coronavirus press conference to praise Beijing's handling of the crisis - and reject Australia's demands for an inquiry into the outbreak
Brittany Chain For Daily Mail Australia




A Chinese diplomat gatecrashed a government press conference to discuss COVID-19 and used the opportunity to reject Australia's push for an independent inquiry into the origins of the outbreak.
Victorian China Consul-General Zhou Long arrived alongside billionaire miner Andrew Forrest at the official ministerial event in Melbourne on Wednesday evening.
The pair earlier inked a deal worth $320million to bring an additional 10 million coronavirus testing kits to Australia, increasing the country's capability 20-fold.
But the move blindsided Health Minister Greg Hunt, who did not introduce Mr Zhou.
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Mr Zhou was not allowed to take questions, but took the opportunity to praise Beijing's handling of the crisis.
In particular, he credited the 'open, transparent and responsible' manner with which China had worked alongside the World Health Organisation.

© Provided by Daily Mail Victoria and Tasmania Consul-General of China Long Zhou (centre) departs a press conference where he spoke of the relationship between China and Australia
'The Chinese government has released information related to COVID-19 in open, transparent and a responsible manner,' he said.
'We have worked closely with the WHO and other countries. Including sharing experiences … and providing assistance within our capacity.
'China very much appreciates and is thankful to the compassion, support and sympathy of the Australian people.'
The once-friendly relationship between Australia and China has been waning in recent weeks as the Australian government doubles down on calls for an investigation into the origins of the virus and the dissemination of information.



The deadly respiratory virus has infected more than three million people globally, including 6,729 Australians. So far, 212,000 people have died worldwide.
Mr Zhou said during a speech that COVID-19 could well be 'the biggest crisis faced by mankind since world war two,' before urging people from every nation to work together.
'Solidarity is the only way to overcome this public health challenge. All countries should work together as one,' he said.
The initiative to provide face masks to help the Australian health system will strengthen the friendship between China and Australia during this difficult time, Mr Zhou hoped.

© Provided by Daily Mail Politicians at the event reportedly said Health Minister Greg Hunt (pictured) had been 'ambushed' by Mr Long's presence

© Provided by Daily Mail Vendors wearing face masks as they offer prawns for sale at a market in Wuhan where reports of the virus first emerged in December
Politicians at the event reportedly said Mr Hunt had been 'ambushed' by Mr Zhou's presence.
Liberal MP Andrew Hastie said Mr Forrest allowed the Chinese Communist party to 'ambush the press conference'.
'Now is not the time for games. Australia must come first,' Mr Hastie said. 'This guy drops out of the sky in his private jet and enables the Chinese Communist Party to ambush a commonwealth press conference. Yeah, we're not happy.'
Mr Forrest is understood to have invited the Chinese diplomat to speak.
China has repeatedly refused to welcome an international investigation into the outbreak, most recently describing the demands of Australia as 'political manoeuvring'.
The nation's ambassador, Jingye Cheng, triggered a diplomatic firestorm by warning Scott Morrison's push for an inquiry would lead to a boycott of Australia.
He received a fiery dressing down from the Foreign Affairs Department on his 'threats of economic coercion', which the Chinese embassy then leaked.
China is accused by some of covering up the severity of the epidemic after it started in a live exotic animal market in Wuhan, costing the world vital weeks of preparation.

© Provided by Daily Mail China is accused of covering up the severity of the epidemic after it started in a live exotic animal market in Wuhan, costing the world vital weeks of preparation. Pictured: A bat in a wet market in Indonesia

© Provided by Daily Mail New Deloitte Access Economics modelling estimates $8.1 billion could be wiped from the accommodation and food services sector in the months from April to August
Economists believe Australian families and businesses will lose $60 billion by the end of the coronavirus crisis.
American lawyers suing China for $10 trillion claimed up to 95 per cent of the infected global population would have been spared if China acted faster to contain the outbreak.
Australian Prime Minister Scott Morrison on Wednesday vowed not to back down from his efforts to find out exactly what happened.
'We will of course continue to support moves to ensure there is a proper independent assessment of what has occurred here,' he said.

© Provided by Daily Mail Jingye Cheng triggered a diplomatic firestorm by warning Scott Morrison's push for an inquiry into the origins of coronavirus could lead to a boycott of Australia

© Provided by Daily Mail A healthcare worker (pictured on April 1) talks to a man at a pop-up clinic testing for the coronavirus disease at Bondi Beach after several outbreaks were recorded in the area
'It is not a remarkable position. It is a fairly common sense position and one that we don't resile from.'
Mr Forrest, who has enjoyed a close professional relationship with China, refused to comment when asked about his personal opinion on an inquiry into COVID-19.
But he did urge authorities to delay any further investigation until after the American presidential election.
'That would make it instantly political,' he said. 'Australia needs to walk that line where we have a best friend in America, a best friend in China, best friends across South-East Asia.'

© Provided by Daily Mail Long Zhou used the press conference to praise Beijing for the handling of the coronavirus crisis
AMBASSADOR'S ECONOMIC THREAT TO AUSTRALIA
In an interview with the Australian Financial Review, Ambassador Cheng slammed Australia's push for a global inquiry as 'political' and warned Chinese consumers could boycott the country.
Answering a question about whether China could boycott Australian iron ore or gas, Mr Cheng instead focused on China's contribution to Australia's agriculture, tourism and education sectors.
Mr Cheng said: 'I think if the mood is going from bad to worse, people would think why we should go to such a country while it's not so friendly to China.
'The tourists may have second thoughts. Maybe the parents of the students would also think whether this place, which they find is not so friendly, even hostile, is the best place to send their kids to.
'So it's up to the public, the people to decide. And also, maybe the ordinary people will think why they should drink Australian wine or eat Australian beef.'

 

[nrj]

OMG China story is over !

 

[ezsasa]

Germany to emerge in a better shape ?

Number of deaths in comparative terms quite low than other countries caught in middle of pandemic. Testing capability of Germany also appears to be superior to US/UK. Unemployment rate is also going to be lower than others. Its not just the absolute metric of workers with jobs, it has significant impact on society as a whole.

According to German Health Minister, all they really did was prepare themselves better.

Many of the German industries closed down on their own without Govt intervention because of restricted or no access to target countries of export. With that deep pocket, Germany just got itself totally disproportionate aid among EU members, even when other EU states are far worse affected.

No wonder Ram Madhav wants India to partner with Germany to build New World Order.

They are failing fast, and experimenting different measures to reopen quickly. If everyone is really going to corner China (not a good idea IMO), Germany will be the ultimate location to fill the gap in exports market, that coupled with unmatched capability in high-tech industry.

Deutschland calling ?

germany is an high tech export economy, even if they manage to revitalise internal consumption(including Europe) who will they sell their high tech products to? Their customers are closed as of now.

“The top 10 exports of Germanyare vehicles, machinery, chemical goods, electronic products, electrical equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.”

 

[Dovah]

OMG China story is over !

This is only for March-April though. We were locked down completely for the whole month, while China opened up in March itself. Relative values will obviously be disparate.

 

[ezsasa]

OMG China story is over !

so CCP is going to flood the global markets with cheap goods again, it would be a death blow to local economies around the world.

 

[sorcerer]

so CCP is going to flood the global markets with cheap goods again, it would be a death blow to local economies around the world.

not when global economies cant absorb chinese goods!

 

[ezsasa]

not when global economies cant absorb chinese goods!

As we see in the news, this month is gonna be all about re-opening the economies across the world. Chinese have a head start, by now most of their companies will be at full capacity as evident from their PMI.

but yes, we need to check Chinese PMI for dec jan feb March & apr to make a better analysis.

 

[sorcerer]

As we see in the news, this month is gonna be all about re-opening the economies across the world. Chinese have a head start, by now most of their companies will be at full capacity as evident from their PMI.

but yes, we need to check Chinese PMI for dec jan feb March & apr to make a better analysis.

also we need to see how many are reconfiguring their economies.
Whatever for the chinese PMI..the market need to have brand appetite for chinese goods..which at this point of time is the lowest.
Lets see how domestic policies of every nation tries to make use of it.

 

[nrj]

Alright, here is the picture for last year. Anything below 50 is contraction, above 50 I'd consider growth.

Service sector PMI is also above 50.

Export orders have suffered, and would suffer badly to -25% to -30% in Q2. That's like a projected effect you provide for in contingency, look at books of chinese lenders. Its already happening. Point is you aren't capable to overnight replace the country that literally produces everything for the world, at cheap cost. Everyone yapping 'relocation' will be happy with nothing more than some chemical business lost by china, and that indeed due to its own target for release of harmful trash from factories.

 

[Assassin 2.0]

Bro check the Australian stand against china online in news.

they are blamming china for coronavirus

China and Australia: how a war of words over coronavirus turned to threats of a trade war

Canberra’s call for an inquiry into the origins of Covid-19 sparked talk of boycotts from Beijing – but any such move could be harmful to both countries

www.google.com

Bro check this out

 

[Assassin 2.0]

The Washington Consensus-era neoliberal dinosaurs are so far behind the curve it is not funny. When will they realize that their world of cute 'monetary dominance', unilateral trade liberalization & claims of import-induced competitiveness is now long over.