The COVID-19 virus commonly known as Corona virus was first detected in November 2019 in Wuhan, the largest metropolitan area in China’s Hubei province. It was first reported to the WHO Country Office in China, on December 31, 2019. Many theories have been since postulated about its origin. One famous theory says that this virus originated from a laboratory in Wuhan which stored and cultivated this virus since 1981 which they stolen through a secret agent from Canada. It is said that Canada brought this sample for testing at their Microbiology and Virology lab from South Africa. As the causative agent was unknown initially, the first cases were classified as “pneumonia of unknown etiology.”
On February 11, 2020, the WHO Director-General, Dr. Tedros Adhanom Ghebreyesus, announced that the disease caused by this new CoV was a “COVID-19,” which is the acronym of “coronavirus disease 2019”. In the past twenty years, two additional coronavirus epidemics have occurred. SARS-CoV provoked a large-scale epidemic beginning in China and involving two dozen countries with approximately 8000 cases and 800 deaths, and the MERS-CoV that began in Saudi Arabia and has approximately 2,500 cases and 800 deaths and still causes as sporadic cases.
Now disease has spread in almost every country leaving a few island countries aside. The new cases are increasing in thousands daily all over the world and the leaders don’t know what to do to stop its spread. America blamed China for not disclosing the virus timely. American president Donald Trump name this virus as “Chinese virus” in his tweet which caused severe rebuke from his Chinese counterpart. The US secretary of state also named this virus as ‘Wuhan virus’ in his tweet.
Now one for sure knows how this situation is going to end. But for sure this has cause economic havoc in the world like never before. Stock Markets have wiped out there gains on last 10 years are trading at the 2010 levels. It is estimated that a total of 50 lakh cores of investors money was wiped out from India stock market. And a more downward trend seems inevitable. With the current lockdown scenario across the world the economy is going to get a hit at its worst and a phase of recession can’t be ruled out. Daily wage workers, small business, shop owners are the people struggling the most. They are facing difficulties arranging daily bread for them and their families.
The only solution for now appears to be this lockdown unless the medical fraternity comes out with vaccine and a powerful drug on it.