{"id":15164,"date":"2020-05-24T09:26:04","date_gmt":"2020-05-24T17:26:04","guid":{"rendered":"https:\/\/www.businessenglishpod.com\/?p=15164"},"modified":"2022-12-12T08:10:59","modified_gmt":"2022-12-12T16:10:59","slug":"business-english-news-44-covid-19-economic-impact","status":"publish","type":"post","link":"https:\/\/9to5english.com\/wordpress\/2020\/05\/24\/business-english-news-44-covid-19-economic-impact\/","title":{"rendered":"Business English News 44 &#8211; Covid-19: Economic Impact"},"content":{"rendered":"<!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-15164-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN44-COVID-19.mp3?_=1\" \/><a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN44-COVID-19.mp3\">https:\/\/traffic.libsyn.com\/bizpod\/BEN44-COVID-19.mp3<\/a><\/audio>\n<p><a href=\"https:\/\/businessenglishpod.com\/quiz\/BEN44POD\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.businessenglishpod.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact.jpg\" alt=\"Business English News 44 - Coronavirus Pandemic Economic Impact\" width=\"900\" height=\"386\" class=\"alignnone size-full wp-image-15166\" srcset=\"https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact.jpg 900w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-300x129.jpg 300w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-768x329.jpg 768w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-600x257.jpg 600w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-200x86.jpg 200w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-400x172.jpg 400w, https:\/\/9to5english.com\/wordpress\/wp-content\/uploads\/Business-English-News-44-LESSON-coronavirus-pandemic-economic-impact-800x343.jpg 800w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><\/p>\n<p>The world first heard about cases of a novel coronavirus on December 31st, 2019. In just two short months, the World Health Organization had declared a global pandemic. The impact on the world economy was instantaneous, as the World Economic Forum explains:<\/p>\n<p>The COVID-19 pandemic has hit global trade and investment at an unprecedented speed and scale. Multinational companies faced an initial supply shock, then a demand shock as more and more countries ordered people to stay at home. Governments, businesses and individual consumers suddenly struggled to procure basic products and materials, and were forced to confront the fragility of the modern supply chain. <\/p>\n<p>Now, as we approach summer, supply chains still don\u2019t feel completely secure. Economic forecasts look pretty gloomy as nations emerging from lockdown attempt to kickstart their economies. The stock market, however, has provided some surprises amid the crisis. <\/p>\n<p>[tp no_translate=&#8221;y&#8221;]<strong>Free Resources: <a href=\"https:\/\/businessenglishpod.com\/quiz\/BEN44SN-COVID-19.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">PDF Transcript<\/a> | <a href=\"https:\/\/businessenglishpod.com\/quiz\/BEN44QIZ\/presentation.html\" target=\"_blank\" rel=\"noopener noreferrer\">Quizzes<\/a> | <a href=\"https:\/\/businessenglishpod.com\/quiz\/BEN44POD\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Lesson Module<\/a><\/strong><\/p>\n<p><strong>Download: <a href=\"https:\/\/traffic.libsyn.com\/bizpod\/BEN44-COVID-19.mp3\" target=\"_blank\" rel=\"noopener noreferrer\">Podcast MP3<\/a><\/strong>[\/tp]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn business English vocabulary related to the economic impact of the coronavirus pandemic.<\/p>\n","protected":false},"author":1,"featured_media":15165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","powered_cache_disable_cache":false,"_links_to":"","_links_to_target":""},"categories":[45,26,5,2],"tags":[152,179,224],"_links":{"self":[{"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/posts\/15164"}],"collection":[{"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/comments?post=15164"}],"version-history":[{"count":5,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/posts\/15164\/revisions"}],"predecessor-version":[{"id":18906,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/posts\/15164\/revisions\/18906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/media\/15165"}],"wp:attachment":[{"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/media?parent=15164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/categories?post=15164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/9to5english.com\/wordpress\/wp-json\/wp\/v2\/tags?post=15164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}