Name: Coronavirus in 2021: what we do and don't know | Crunched
Uploaded: 2021-09-20T05:37:08.000Z
Duration: 7 min 33 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

and bold claims about Covid-19 and how it's

But it's not easy to disentangle the things that

have changed for good from those that could rebound back

to normal or even beyond normal in the months ahead.

So I'm going to run through some of the predictions

that we've all heard about how Covid-19 is changing the world

and talk about which ones do and don't stack up

This year we've been introduced to V-shaped recoveries, U

But the consensus for most western economies

is that things look pretty grim, and some countries

could be facing worst recessions than they had even

The outlook for the economy is extraordinarily uncertain.

It is now, yes, very likely that the UK economy

will face a significant recession this year.

looks particularly bleak with the latest data showing

that the British economy may not recover to its pre-Covid levels

Now, even with the most creative handwriting,

I'm not sure that's a V. But there are other countries where

The most striking of all of these is probably China.

we see that just 10 months after the country was in crisis,

China's economy is estimated to have grown by 1.8 per cent

And with the economy fully back up and running,

to increase that to a growth of 8 per cent in 2021.

If we move further west to a place like Norway,

the economy actually rebounded more in the third quarter

than it had lost in the second and is on course only

to lose around 1 per cent of its GDP over the year of 2020

Positive examples like this do offer hope for countries

like the UK, suggesting that once the virus is

to an extent under control and, crucially, people feel

safe, certain sectors as well as the overall economy

can begin returning to something approaching normal.

When lockdowns brought cities to a standstill

the impact on global carbon emissions was profound.

In April alone, global emissions dropped by around 17 per cent.

And even over the full first half of 2020

to build back better by bringing forward emissions cuts targets

and increasing their adoption of things like electric cars.

The European Green Deal will be our growth strategy.

that 2021 can be the first year of a new green revolution.

And the data have certainly provided plenty of examples

As the virus hit Europe and the US hard in March,

by 80 per cent and city streets across much of the world

fell silent at the same time as stay-at-home orders

and as public transport networks worldwide have either

been closed or increasingly seen as unsafe,

hundreds of thousands have flocked back to their cars.

As early as March, road traffic levels were back to normal

to their historical averages by September.

that people are responding to months of limited travel

options by throwing themselves into this even more

to the historical norm for several of the last months.

If these patterns that we've seen in China

One of the most frequently asked questions about the pandemic's

enduring impact is whether this can be the death of the city.

We've seen commercial real estate prices plummet.

And the millions of commuters, previously

the lifeblood coursing through cities' veins,

have vanished, putting at risk the many businesses that

These temporary shifts will rebound in time, but exactly

Data on visits to leisure locations - cafes, bars,

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Coronavirus in 2021: what we do and don't know | Crunched

pretend

pandemic

strategy

slightly