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COVID-19 Reshaping the Economy, Globalization & the New World Order



According to Henry Kissinger, a former US Secretary of State and a world leader in the field of diplomacy, the world after the global epidemic will be a “different” world, and the current “world order” will be transformed. If we look at the current devastation of the COVID-19, his statement seems to be quite accurate in the light of the facts.

At present, the global epidemic is targeting everyone, regardless of age, sex, wealth, or poverty, and both society and the economy are on target. The severity of the epidemic can undoubtedly be described as the greatest challenge to humanity since World War II. The issue of public health has become a key concern around the world, which has been overlooked in the past and humanity is suffering today.

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Questions are also raised by some scholars and analysts in developed European countries, especially Italy, Spain, Germany, and France, that if millions of dollars a month could be paid to athletes, why not provide funds to research experts and scientists for the betterment of society? The world has learned a lesson from the Coronavirus that public health protection must be a top priority. Along with life comes the cycle of the economy and that is why trillions of dollars are currently being used around the world just to protect people’s lives.

The example of superpower America is also in front of everyone. A country where exponential resources are spent on the health sector compared to the rest of the world, but the United States looks helpless in defeating coronavirus. On the contrary, the “ridiculous” statements made by US President Donald Trump in recent times suggest that the US leadership is in a state of “confusion”. There have been complaints from American circles about the Trump administration’s inadequacy and incompetent counter-epidemic measures. President Trump has been seen venting his anger on China, the WHO, his political rivals, the Democratic Party, and the US media.

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Experts also agree that COVID-19 has created a global crisis that will have far-reaching effects on the economy, society, and the current world order. The debate over the pros and cons of globalization has begun. On the one hand, globalization is being blamed for the spread of the epidemic all over the world, but on the other hand, thanks to this globalization, countries are also helping and cooperating. But what shape the globalization takes after an epidemic is important.

Similarly, the interdependence of countries around the world in other industries, including medical safety equipment, has become more apparent. During the epidemic, it was seen that every country was trying to provide aid to other countries only after meeting the needs of its domestic population. China has played an important role in this regard and provided relief equipment to other developing and developed countries, including Pakistan, while effectively controlling the epidemic. Despite all this, even in developed countries like the United States and the United Kingdom, there was a clear shortage of medical safety equipment.

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In the United Kingdom, the problem was acute. The lack of masks, ventilators, and other medical devices also called into question the anti-epidemic preparations of most countries. Therefore, it can be said that after the success against the COVID-19, most of the countries, especially the western developed countries, will focus on improving their national resources instead of external resources and will seek self-sufficiency.

The development of industries as well as technology will be key. In recent times, China has successfully used 5G, drones, robotics, big data, and artificial intelligence to fight the epidemic, with excellent results. In this regard, equipping the public health sector around the world with state-of-the-art technology will be the top priority of countries in the post-corona era, but even here, control over high-tech is an important factor in ensuring national security.

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Big data has been used around the world to collect a wide range of personal data to make epidemic prevention and control possible. Protecting this data is no less of a challenge, and concerns about “privacy” have already been raised by many quarters. The trend of harmonizing the economy with health will be further enhanced and the digital economy will be developed.

Due to COVID-19, various aspects of geopolitics around the world are also under consideration. Falling oil prices are no less of a blow to countries whose economies are dependent on oil production. America’s anti-China attitude and growing accusations are extremely dangerous for global counter-epidemic cooperation. The lack of trust between the world powers seems to be evident.

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People in different countries are currently facing inflation and severe unemployment. Economic growth indicators are stagnant. To avoid the worst of the economic crisis, some countries have allowed partial economic activity, but there are fears about what will happen if the second wave of epidemics strikes. The dire humanitarian situation in the conflict-ridden regions is not hidden from anyone. Mutual differences between the developed countries of the European Union have also come to the fore and there is talk of a future union.

At a difficult time when European countries should have united against the epidemic, most European countries closed their borders to each other and did not even provide medical resources to each other. European countries, including Italy and Spain, failed to receive timely assistance from the European Union. Therefore, in this situation, it can be said that there are serious threats to European unity after the epidemic.

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The Coronavirus epidemic has also tested leadership in various countries. The situation is improving in countries, including China, where timely, powerful, and tough measures have been taken by the top leadership, but where weak leadership and political differences stand in the way, the situation remains dire.

Whatever the post-corona New World Order will be established, it is to be hoped that the protection of human lives in the New World may be of such importance that it has been overlooked in the past.

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The World Needs to Learn From Pakistan’s Efforts to Deal with Corona, President UN General Assembly



UN General Assembly President Volkan Bozkir has said that the world needs to learn from Pakistan’s efforts to deal with Corona. During a press conference with UN General Assembly President Volkan Bozkir, Shah Mehmood Qureshi said that the meeting with Volkan Bozkir was pleasant. On this occasion, we briefed him on measures to deal with Corona, Pakistan’s role in bringing peace to Afghanistan, and human rights violations in Occupied Kashmir.

Volkan Bozkir said that he is happy to come to Pakistan, Pakistan hosted him in the best possible way. Pakistan is an important member of the UN General Assembly and Pakistan’s role in bringing peace to the region is commendable.

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He discussed important issues with Foreign Minister Shah Mehmood Qureshi and also met Prime Minister Imran Khan today. Prime Minister Imran Khan briefed about the situation in Occupied Kashmir and he was impressed by the views of Prime Minister Imran Khan.

“Tackling the coronavirus is a challenge for countries around the world. Pakistan has fought this global epidemic in the best possible way. The world needs to learn from Pakistan’s efforts to deal with corona,” Bozkir said.

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Imran Khan’s Victory over Profiteers – Billions of Rupees are Lost by the Mafia



Journalist Imran Riaz said that there are some people in Pakistan who are forced to live below the poverty line but there are also some people who belong to wealthy families but they are the ones who are abusing Prime Minister Imran Khan from a long time. They are using abusive language for Prime Minister Imran Khan only because they are used to make money in Pakistan through illegal means, and for these people, Prime Minister Imran Khan has proven to be unlucky.

“I was very happy to see when a man who is causing damage to Pakistan gets ruined,” he said. In the last few days, many people have been ruined who wanted to earn profit through illegal means. For example, N95 mask which is said to be a very good mask against COVID-19, was suddenly perished from the market by profiteers in Pakistan and the same mask was sold in black to make huge profits, even though its price had reached Rs 2,000, but now the same mask is available in the market for only Rs 150.

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He said that as the cases of Coronavirus increased in Pakistan, the price of hand sanitizers increased and it was sold in the black market for high prices. Profiteering mafia stockpiles massive hand sanitizers to make a profit in the future, but due to the decrease in the Corona cases, there are no buyers to buy it now. The profiteering mafia is facing severe losses at the moment.

“I am very happy with the news that contrary to the estimates of international organizations, the spread of the coronavirus in Pakistan has stopped, which is a piece of bad news for illegal profiteers because they purchased Corona related goods worth billions. The medicines are now available in the market at low rates, thanks to some necessary steps taken by the government. The availability of medicines in the market is good news for the poor but devastating news for the profiteers,” he said.

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Govt has Decided to Ease the Lockdown Conditions in these Sectors



The federal government further eased the lockdown and announced the gradual opening of businesses including restaurants, entertainment venues, and wedding halls.

A meeting of the National Command and Operations Center (NCOC) was held in Islamabad under the chairmanship of Federal Minister for Development and Planning Asad Umar to consider the situation of Corona epidemic in the country.

Later, in a media briefing, Asad Omar said that the Corona epidemic in the country has decreased and the situation has improved considerably. The decision to reopen the educational institutions on September 15 was upheld at the NCOC meeting. At the same time, the government has decided to soften the lockdown and open more departments.

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Asad Omar said that from August 8 (Saturday) tourist places and hotels, while from Monday, August 10, public parks, entertainment venues, expo halls, beauty parlors, shrines, religious places, cinemas, theaters, gyms, clubs, Hotels, cafes, and restaurants will be opened where dining in will be allowed.

Asad Umar further said that road transport, railways, airlines are also being restored as per normal, all restrictions on them are being lifted. However, standing in metro services and buses will not be allowed while traveling, while it has been decided to allow dual passengers on motorbikes.

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The Federal Minister said that the working hours of the markets are also being restored as per normal and all the markets are being allowed to open according to the old system, punctuality and weekend restrictions are being abolished for them.

Asad Omar said that sports in which there is no physical contact will also be allowed from August 10. Kabaddi, wrestling, rugby are still banned but other sports are now allowed, but spectators will not be allowed.

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