Coronavirus cases are exploding in the U.S. For the first time since the pandemic began, new cases exceeded 160,000 yesterday according to NY Times. For more than a week now average daily cases have crossed the 100,000 mark. Covid-19 has killed 242,787 Americans so far and the total case count is over 10.6 million. The situation …
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Have you ever wondered what are the different chemical elements that are used in building a smartphone? For instance, we know batteries are lithium ion batteries. The following infographic shows some of the other chemical elements that are used in a smartphone: Click to enlarge Source: Compound Chem Related: The Periodic Table of iPhones, Cool …
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The automobile industry accounted for about 2.7 million jobs in the EU in 2018. This amounted to 8.7% of the total manufacturing employment. The chart below shows the share of direct automotive employment in total manufacturing by member states of the EU and the UK. The industry accounts for the highest percentage of manufacturing jobs …
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Lockdowns are necessary to control the spread of Coronavirus. But lockdowns have a huge economic cost. In the short term, lockdowns tend to adversely impact economic growth. However the short-term pain is nothing compared to the long-term economic growth that awaits. In addition, lives are also saved with stringent lockdowns. Countries that have understood this …
Continue reading ‘On The Relationship Between Lockdowns and Economic Activity’ »