Business

COVID-19 Business Opportunities: Field To Plate

Posted by on 4:58 pm in Business, Featured, Leadership, lifestyle, Markets | 0 comments

By Esosa Aihie Farms, food producers and suppliers across the globe are adapting quickly and innovating to keep coronavirus stay at home whilst street markets are closed and labourers restricted from travelling to work in the fields. The crisis has exposed the world’s reliance on international trade and on the huge number of seasonal workers who travel across borders to farms to help harvest ripened produce. It has also had a massive impact on complex supply, transport and distribution chains that usually bring food from farms to...

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Bleak Economic Outlook Amid COVID-19 Lockdown

Posted by on 5:47 pm in Business, Featured, Markets | 0 comments

By Esosa Aihie “World GDP is now expected to fall by 3.9% in 2020, a recession of unprecedented depth in the post-war period, twice as severe as the 2009 recession”.  Decline in GDP equates to a USD2.8 trillion fall in global income levels & a loss of USD4.5 trillion relative to pre-virus expectations of 2020.  No country or region has been spared from the devastating economic impact of the global pandemic. The pandemic is creating an enormous common shock.  GDP in both the US🇺🇸& the UK🇬🇧where lockdowns started a...

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THE COCKROACH THEORY

Posted by on 12:09 pm in Business, Featured, Leadership, lifestyle | 0 comments

By Esosa Aihie A beautiful speech by Sundar Pichai; an IIT-MIT Alumnus, now Google boss. “The cockroach management theory for self development” At a restaurant, a cockroach suddenly flew from somewhere and sat on a lady. She started screaming out of fear. With a panic stricken face and trembling voice, she started jumping, with both hands desperately trying to get rid of the cockroach.  Her reaction was contagious, as everyone in her group also got panicky. The lady finally managed to push the cockroach away, but it landed on...

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Historic Oil Price Crash Amid COVID-19 Pandemic

Posted by on 9:49 pm in Business, Featured, Markets | 0 comments

Historic Oil Price Crash Amid COVID-19 Pandemic

By Esosa Aihie U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil. Brent crude, the international benchmark, also slumped, but that contract was nowhere near as weak because more storage is available worldwide. As billions of people around the globe stay home to slow the spread of the novel coronavirus, physical demand for crude has dried up, creating a global supply glut....

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COVID-19 Robot🤖Helpers

Posted by on 8:22 pm in Business, Featured | 0 comments

Esosa Aihie Tally The coronavirus crisis has made real-time inventory information more important than ever. The robots are doing their best to help—in some areas at least. Improving supply chain management could unlock as much as $1 trillion value in retail. And that is simply by eliminating existing inefficiencies.  Optimizing supply chain management has emerged as one of the top priorities for grocery stores during the emergency which led to sudden shutdown of large parts of the world to keep consumers and workers safe from...

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