The issue of climate change is now taken more seriously. The pandemic has changed many things permanently and for the better. The focus is on a reduction in dependence on other countries for critical supplies. Already, many countries have started taking measures to mitigate the risks on this front. The pandemic has exposed the weaknesses in supply chains, not just for vaccines but also for sectors as diverse as semiconductors and chemicals. A big part of the world won’t get access to any vaccine till late 2022 or early 2023. But even here the developed world has benefited the most, thanks to the resources at its command. What has changed is the availability of vaccines. Meanwhile, the companies catering to the WFH economy continue to report robust numbers. While the global economy as a whole has recovered, the recovery has been patchy, with the developing nations staring at weak annual numbers. Fauci is now imploring Americans to get vaccinated to avoid another wave, triggered by the Delta variant this time. USA, India and Brazil continue to top the world in the total number of cases, though most daily new cases are now coming from Brazil, India and Indonesia. After ravaging India, this variant is now resulting in fresh waves in countries like Indonesia, UK, Russia, Iran, Colombia and South Africa. Now, the most dangerous Delta variant is present in about 100 countries, according to the World Health Organisation (WHO).
The original virus may have moved out of focus, but it has left behind more virulent variants. The weakness in the global economy due to the pandemic was being expected to reflect in the Q2 numbers even as the companies catering to the work-from-home (WFH) economy were looking at a windfall.Ĭoming back to today, the situation has hardly improved. US top infectious diseases expert Anthony Fauci was warning his country that it was still “knee-deep” in its first wave of infections and the number of cases was yet to reach a satisfactory baseline. India had overtaken Russia to become the country with the world’s third-highest number of COVID-19 cases, with the US and Brazil taking the first and second spots, respectively. The virus was rapidly spreading in different parts of the world. COVID-19 Week 80 UpdateĪs we write this last instalment of our weekly coverage of the COVID-19 pandemic (we will continue to cover it elsewhere, particularly its impact on the tech industry), we are reminded of the situation same time last year. To receive weekly updates on the COVID-19 situation and our latest research straight to your inbox, click this link to registerĬlick here for the latest weekly updates on the impact and implication of COVID-19 situation on the Automotive industry.
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