As a result of a deadly virus called Covid-19, the current situation of the pandemic has dramatically increased the toll of deaths globally all the way from China. Millions of markets have come crashing down, thus affecting the entire economic condition of the world. All the countries around the world are sharing this crisis together and working to get optimum results of the resources that are left. Since 2008, this is the only financial crisis that has wreaked havoc in all seven continents of the world.
Since the very beginning of this pandemic, the only performance stock markets were able to exhibit could be regarded as poor and disappointingly downgraded. According to the recent stock report, this wind whirl of unlikely events has not only affected the industries of gas and oil; in fact, it has successfully managed to drag the solar companies into its vortex as well. If these two vital industries are put in comparison with the fares of Power and Wind, a vast difference could be easily laid out between the two. The recent stock reports suggest that due to the conduct of warfare among Saudi Arab and Russia for the purpose of a price war, both industries i.e., Oil and Gas jolted into an absolute loss.
Along with millions of lives, Covid-19 has so far been able to burn hundreds of valuable stock markets to the ground. While many countries are trying their best to recover from their economic as well as human losses, the rest of them are desperately making efforts to save whatever is left of their capital.