Source: Bloomberg Source: BloombergThe upshot has been labeled a “K-shaped recovery.” The virus has widened income or wealth gaps across faultlines of class, race and gender. Source: Bloomberg Source: BloombergResearch suggests that automation often gains ground during a recession. Source: Bloomberg Source: BloombergWith vacations upended and mass events like festivals and concerts called off, the trend among consumers to favor “experiences” over goods has been disrupted. Source: Bloomberg Source: BloombergThat’s an example of globalization adjusting without retreating. Source: Bloomberg Source: BloombergGovernments from California to the U.K. announced plans to ban the sale of new gasoline and diesel cars by 2035.

Source: Indian Express December 30, 2020 05:43 UTC