Plate/GCGC - Weekly News Letter 3/14/23 How Covid 19 Effected Finance, etc.

According to google search: What is the effect of the COVID-19 pandemic to finance?

While the core of the financial system entered the crisis more resilient, the COVID-19 shock in March 2020 led to severe liquidity stress in the system. Global financial conditions have overall continued to ease on the back of the decisive policy action taken earlier this year since the last G20 meeting in July.

How has the pandemic affected business financial?

In 2020, 6.0 percent of companies canceled, 9.7 percent postponed, 8.2 percent decreased, and 1.5 increased some of their budgeted capital expenditures during the coronavirus pandemic. A total of 1.7 percent of companies introduced new unbudgeted capital expenditures. Jun 15, 2022

Which industry is most affected due to COVID-19?

Sectors most affected include construction, manufacturing, and contact-intensive services (i.e., trade, transport, and hospitality).

How did COVID affect the stock market?

We found that total volatility spillovers reached 69% during COVID-19. Energy sector followed by oil & gas were the major net volatility transmitters. COVID-19 has magnified the volatility spillovers in the stock market. Socks to energy sector significantly spills over to other sectors.

How has COVID-19 affected the economy?

The pandemic was accompanied by historic drops in output in almost all major economies. U.S. GDP fell by 8.9 percent in the second quarter of 2020 (figure 3-3), the largest single-quarter contraction in more than 70 years (BEA 2021c). Most other major economies fared even worse. 23, 2022

At Plate/GCGC, we have funded before, during, and after Covid 19.

• Our rates prior to covid were 1-4%
• Post Covid rates are 2-4.5%
• Renewable Energy Projects are the priority
• Please get in touch with me to start the finance process at siva@platecompany.org or US CELL Whats App 1.224.216.0334