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63: 'Coronavirus a pandemic’ How it affects business & the global economy
Mint Views Daily Dispatch
English - March 12, 2020 11:31 - 7 minutes - 6.89 MBNews Commentary News news podcasts trending podcasts daily dose daily news trendy podcast current affairs news bites best podcasts listens news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 62: Russia-Saudi Arabia price war; implications for Indian market
Next Episode: 64: China's objective around its activity on LAC.
The World Health Organization has characterized the coronavirus outbreak as a ‘pandemic’. This holds grave implications for both business and the global economy. Of particular concern is the fate of contracts. Insurers, for example, may invoke force majeure provisions and refuse to honour claims given the unexpected turn of events that has affected a vast number of people.