Global economy faced big challenges by 2022, Multiple series of lock down and quarantine for zero COVID19 policy, made a big damage to the economic infrastructures. Big brands and businesses are forced to decrease the size of employees and the business. China as one of the biggest wholesale providers in the world faced multiple lock downs, the thing that damages chains of supply.
These challenges in
association with Russia's invasion of Ukraine made a big chaos in the
Global economy. The primary response of the market to these changes, was
economic recession that primary signs are shining in 2022.
In the next step, China Russia 's economic ally for introducing a new currency and a new money and banking system was a start point for polarization of global politics and economy. the thing that threatens the global economy's safety.
Corona Virus changed the world's economy, Export statistics faced, big decrease and shipping was banned by governments to control the spreading of COVID19. Corona made a new culture to use more online platforms and more online businesses. This allows retailers to become online and develop online services. Another impact made by COVID19 to our economy is that people become more nervous, more depressed and this time, entertainment platforms can sell more to the customers from all around the world.
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