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In view of flattening the curve of Covid-19, people all over the world have been working collectively, through their individual contributions.

The shadowy disease has reflected how we are interconnected despite international borders, and in doing so divulged our absolute potential in tackling societal crises beyond the coronavirus.

Successful annihilation of the lethal virus will undeniably unleash our capability in confronting the much alarming societal challenge of climate crisis.

A hard pill to swallow

The harsh reality remains that, we have for years been muddying the cost of nature’s devastation as an externality directed towards economic development, unacknowledging its amassing debt on planet Earth. …


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The Covid-19 pandemic is signifying a probable silver lining for Climate Change.

The once hard-fought crowded protests against climate inaction across nations, have now been altered to silent hallways and empty streets, resultant of the shadowy virus compelling a dramatic change in social behavior never previously experienced.

The latter is nonetheless tacitly contributing a fair share in battling climate alterations.

Social distancing, compounded with a reduction in climate endangering economic activities, energy shifts and traffic revisions, have been instrumental to bringing about a dramatic nitrogen dioxide diminution.

And if prolonged, the Global Lockdown’s repercussions will draw parallels between the Covid-19 and Climate change, although it may be at the cost of plunging the economy into a recession. …


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Recent outburst of the Covid-19 pandemic poses daunting concerns on Public Health, as death cases continue to rise exponentially globally. To much dismay, the epidemy is equally dropping severe repercussions on the Financial Health of the economy, directly affecting companies — halting production, trade and consumption.

The above-mentioned economic impact will directly reflect poorly upon accounting, reporting and auditing financial statements of associated firms. The situation can be rendered more complex due to the unpredictability of the disease’ advancement, longevity and influence.

Companies, having their financial year end on 31 December 2019, will have to fully comply with Reporting standards ranging from IAS, IFRS and GAAP. In view of responding to the Coronavirus and adequately reflecting its implications on their reporting, firms will need to abide by, and potentially go beyond the classical standards they adopt. …


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The Global environment is ailing. The infectious coronavirus disease, referred to as the Covid-19 was categorized a pandemic in early March of 2020 by the World Health Organization, following massive outburst across nations, resulting to date to 488,091, inclusive of 22,058 deaths, as reported by Worldometer.

Mauritius has not been eluded from the pandemic, and in the lapse of 7 days, registered 52 cases, of which 2 deaths were reported. …


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The climate crisis will render upsetting and enduring effects to the planet and the Middle East will not be exempted.

Recent environmental disasters only in 2020, ranging from fatal bush fires in Australia, to a 7.7 magnitude earthquake in the Caribbean, to deadly heavy rain and flood in Southern Brazil, are just a preview of how alarming and threatening the situation is.

Henceforth, failure to take adequate measures to tackle this global phenomenon will poise as a massive threat to the Arabian world, notably to Egypt which stands as the most populous country of Northern Africa. …


January 29th, 2020 marked the historic signing of the revised North American Free Trade Agreement, which was previously deemed as being arguably the worst trade pacts in history by President Trump.

“For the first time in American history, we have replaced a disastrous trade deal that rewarded outsourcing with a truly fair and reciprocal trade deal that will keep jobs, wealth and growth right here in America,” The President stated during the White House signing ceremony, acknowledging this new agreement as a massive victory for farmers, factories workers and other trading economies.

The NAFTA, a pact made between America, Canada and Mexico has been in effect for 25 years, the main purpose of which was to diminish costs, expand business investment and establish America as a competitive force in the global marketplace. …


In spite of an adverse Price/Sales ratio, Agilent Technologies Inc. (NYSE: A) thrives in a much competitive industry, advocated by its high earnings and positive dividend growth.

It is secret to none, that A has had a rather erratic stock over the past 19 years, reaching its peak at $113.69 in March 2000, only to practically plunge to $9.98 two years later. From that point onwards, the stock has been trading at the approximate $40-$50 price range. However, A’s Baa2 rated balance sheet, compounded with its 7 years impeccable dividend growth, blended by the fact that the Company holds a dedicated management team, has certainly helped A establish itself as a pioneer of the Health Care and Equipment sector, much to the chagrin of its two main competitors, Danaher Corporation (NYSE: DHR) and PerkinElmer, Inc. …

About

Mahish Patny

Corporate Accountant | Finance & Economics Enthusiast | Active Economics Researcher

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