Discover and read the best of Twitter Threads about #greatlockdown

Most recents (4)

#FactCheck of various "Propaganda Cartoons".

Inflation - Average 4.74% from 2014-2020, lowest in last 6 decades.

Unemployment - Yes, it increased because of Delhi - 45.6%, TN - 28%, Rajasthan - 27.6%.

GDP - India's GDP is low but performance under NDA is still better than UPA.
Supreme Court questioned Modi govt on Vaccine supply & differential pricing and its Ok. Point to be noted that it was States who asked for Decentralization of Vaccines. Supreme Court didn't ordered to Modi government to provide FREE Vaccines to States, but Modi did.
Several propaganda cartoons blaming Modi for Covid-19 situation floating around. 'Health' is States subject in India. fact remains, India has registered lowest Covid-19 De∆ths amongst major countries. De∆th rate in non-BJP States are highest, but entire blame is on Modi.
Read 18 tweets
The #IMF says the "Great Lockdown" recession will likely be the worst since the Great Depression. Global economy projected to shrink by 3% in 2020. By contrast, in January, the IMF had forecast a global GDP expansion of 3.3% for this year. Details in chart below. Table: @IMFNews
IMF: Partial global rebound to 5.8% in 2021 “assumes the #pandemic fades in the 2nd half of 2020, & that policy actions taken by countries are effective in preventing widespread firm bankruptcies, extended job losses, & system-wide financial strains.” #WEO ow.ly/ZLYi50zccSJ
How does your country fare in the latest #IMF projections for 2020 & 2021? imf.org/~/media/Files/… @IMFNews #economies #GDP #finance
Read 21 tweets
IMF publishes quarterly long-read on world economic outlook. Title is scary: "The Great Lockdown: Worst Economic Downturn Since the Great Depression" blogs.imf.org/2020/04/14/the… Image
Magnitude & speed of collapse is unlike anything experienced in our lifetimes… we project global growth in 2020 to fall to -3% - a downgrade of 6.3% from 2020/01. This makes #GreatLockdown the worst recession since #GreatDepression and far worse than Global Financial Crisis Image
Assuming the pandemic fades in the second half of 2020 and that policy actions taken around the world are effective in preventing widespread firm bankruptcies, extended job losses, and system-wide financial strains, we project global growth in 2021 to rebound to 5.8 percent.
Read 5 tweets
#Corona #covid is’nt a great leveller. The disease is more fatal for blue collar workers, shopkeepers and selfemployed. Just because they can’t hide in comfortable self isolation and social distancing, due to their financial, low income, situation.
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'De grote gelijkmaker'...het coronavirus. Het zou niet discrimineren en iedereen treffen. Niets blijkt minder waar. Het treft wel degelijk bepaalde groepen.., covid-19 is helaas net het brandpunt waar alle ongelijkheid samenkomt..’knack.be/nieuws/belgie/…
Read 8 tweets

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