Without a doubt, the Coronavirus pandemic ushered in a new normal, characterized by the 'work at home syndrome.' As a result, by the close of 2020, the value of hotel properties and office buildings in many of the world’s largest cities (like New York) fell sharply. This caused seismic rumbles and impacted stock prices. US economic experts now predict that the value of property taxes in New York City will decline sharply by as much as $2.5 billion. Not surprisingly, this represents the most significant decline since the 1990s.

Interestingly, analysts expect the post Covid- 19 situation to remain mostly the same- many people will (likely) continue to work at home. This also means that (after 2021) most office buildings in large cities like New York will remain unoccupied for a long time. According to a recent statement by New York City Mayor, Bill De Blasio, the sharp drop in the city's property value is directly attributed to the Covid- 19 pandemic effects. Clearly, most of the city’s buildings, hotels, and offices have remained empty since 2020; New York became a ghost city.

Further, according to the New York City Hall officials, the tax class market value (including hotels, office, and retail properties) has significantly fallen- by about 15.8%. Since real estate accounts for 50% of the city’s tax revenue, these figures will likely jeopardize City Hall’s budgetary prospects in the immediate future. Just like other US cities, New York has suffered unprecedented devastation since the Covid-19 pandemic arrived.

Some 26,000 people have died, the city lost billions of dollars (in expected tax revenue), and thousands of jobs. Moreover, unemployment rates exceeded 20% -at the worst point of the pandemic in 2020 and early 2021. Even though some businesses remained open, more than 500,000 residents of New York are unemployed. The city’s transport sector is adversely affected since most workers stay at home rather than travel to work.

Fortunately, it’s certainly not all doom and gloom; as the sages say, 'Behind every cloud is a silver lining'- analysts noted strange happenings throughout the Covid-19 pandemic months- the rich became more prosperous. Overall, this portends good news to the city- it means a higher prospect for increased income tax revenues.

Notably, New York Governor Andrew Cuomo and Mayor De Blasio consistently fought the Trump administration for 4 years, seeking federal aid. Both are optimistic that the newly installed Biden administration will change matters substantially. To brighten matters, the new US Senate Majority Leader, Chuck Schumer, recently announced that the incoming government would take over all Covid 19 disaster-related costs in the City and State.

The expected government intervention will let City Hall off the hook with regards to 25% of the federal emergency reimbursement costs. This also means New York State and city will save a whopping $2 billion. According to Mr. Schumer’s office, 'These savings will help plug the gaping Covid 19 related budget holes.' He says that this is 'a mere taste of better days ahead- coming out of Washington straight to New York.

Soon after Mr. Schumer’s encouraging revelation, US President Joe Biden announced a $1.9 trillion proposal to alleviate the ravages of the Covid-19 pandemic. Out of this, his administration sought to set aside $ 350 billion to assist state and local governments.

Significantly, according to Mr. Schumer, New York City’s exciting deal with the incoming government to cover 100% of the Covid-19 related emergency expense means that the city will receive approximately $1 billion (both for the state and city. The deal strikingly resembles the Obama administration's pact- where the current president served as Vice-President. While the Trump administration had severally committed to boosting this kind of arrangement, his government never acted effectively to implement it. As a result, this compelled New York City and State to cover 25% of such costs.

Thanks to the new aid, the New York City Hall can now put on hold its plans to cut nearly $200 million in the education budget. Moreover, it can halt a plan to cut $ 44 million in the mayor’s favorite pre-school program (this is popularly known as the '3-K for All.'). On his part, Mr. Cuomo, the Governor, expressed optimism that the federal government would help backfill the $ 15 billion shortfall. This is the largest shortfall in the entire history of New York State.

The US city of Baltimore has changed drastically over the years. As time moved, newer, more exciting spots for tourists visiting the city have been discovered. Even with this, it is not a secret that Baltimore has much more to offer. Indeed, the city has not yet attained its full potential. This is partly due to the influence of the city's working-class population. Regardless, if you want to get the ingredients for a modern tourist paradise, visit Baltimore. Here, you will find interesting shops, ethnic restaurants, museums, boutique hotels and restaurants.

In the Baltimore National Aquarium, visitors can enjoy plenty of marine life, especial if they naturally love to do this. The National Aquarium is famous as America's best centre of aquarium exhibition. You can find some 600 species of marine biological life here.

Visitors can always enjoy an exciting exploration of the beautiful aquatic ecosystem. In case you naturally love historical things, Baltimore city will not disappoint. You can readily visit the famous ancient ships found here. You will find some famous ships displayed on any day you visit. These will include the USS Torsk, the Taney, the USS Constellation and the Chesapeake, among others.

In the morning hours, you can spend some quality time at the Baltimore waterfronts. This is especially exciting on the first day of your tour. Later on, you can get to enjoy the cooling breeze on the beaches while sipping a drink of your choice. This is also the best time for you to take a stroll along the Inner Harbor. At such a time, the crowds are usually smaller.

In the afternoon, it is great to take a walk or ride on to Mt. Vernon. To reach here, you can take the route that strolls up the North Charles Street. After walking for some 20 minutes, you will pass by the legendary Baltimore Basilica. This ancient historic cathedral of the Roman Catholic Church was built in the 1800s. Many admires' hearts and minds have always been captured by the cathedral's grand neoclassical designs. The cathedral is built on a Mt Vernon historical site. It exists along with some left-overs of the 19th-century heritage buildings.

A highlight of this is a visit to the Washington Museum. It is a prominent point of the entire tour. Here, you will come across a statue of the founding President of America, George Washington. This is proudly erected within the city. After this, you can always take a hearty lunch at the Dooby's coffee restaurant. This popular café usually serves great dishes, including seafood dumplings, kimchi burger and the accented Asian roast pork noodle ramen. Most likely, you will get some excellent coffee and bakery featuring prominently on the menu as well.

You will discover many other historical attractions awaiting you on a visit to Baltimore. One of the best ways to start your journey off should be to visit the famous Walters Museum Art. This is a free exhibition centre that comes with vast art collections. These range from French impressionist crafts, woodblock prints of Japanese origin, renaissance paintings, and some Roman sculptures,

It is, undoubtedly, excellent advice for a visitor in this city to pass by the George Peabody Center Library. The library features a magnificent atrium architecture. This building spans five stories and is filled with more than 300,000 books that date from the 19th century. In the final hours of the afternoon, you may visit the Maryland Historic Society. Here, you will get a few old artefacts that have been carefully preserved for the last 400 years.

Later in the evening, you should make sure to visit the Fells point. This is an important hub in Baltimore for all matters touching on shipbuilding. Today, the place is dotted with many shops and restaurants. The trip atmosphere can now be spiced up by having an early drink at a lively bar nearby. The options for a delicious dinner are plenty. You can take a sumptuous meal at the popular Thames St Oyster House restaurant. You can get a memorable meal made of oysters done with cocktails.

Next, you can visit Federal Hill. One of the main attractions includes the Historic Shrine and the Fort McHenry Monument. This fort became quite famous in 1814 for surviving a British army naval attack. This is ultimately what inspired the composition of America's national anthem.

The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of the virus. The June 2020 Global Economic Prospects describes both the immediate and near-term outlook for the impact of the pandemic and the long-term damage it has dealt to prospects for growth. The baseline forecast envisions a 5.2 percent contraction in global GDP in 2020. What will the world look like after COVID-19? Many of the problems we will face in the next decade will simply be more extreme versions of those that we already confront today. We expect a rise of digital behavior such as remote working and online learning, video streaming and conferencing, telemedicine, and food delivery services.

Not long ago, some rather interesting things happened on the world economic front. At that time, popular stocks in the leading stock markets came to fall by about 20%. The stocks made an attempt to resuscitate, especially when the European central bank announced that there was a plan to improve things through collaboration with the Eurozone market. There was no indication of definite plans on how this would actually be done. Nevertheless, many celebrated this announcement with the hope that, at last, some light was coming out of the tunnel. A little dim, but a hopeful point, nonetheless.

Then other interesting things came. Like a thunderbolt, China announced a major decline in the national GDP by a whopping 6.9%. This was, apparently, the lowest decline in national fortunes for more than 25 years. Today, the leading world economic leaders are saying that this might affect the world in a way that is vastly unimaginable.

Have you ever thought about it? What is really common between China, oil and the steel industry? Plenty, some people say. In reality, these diverse entities may have several things in common: Anxious faces, unsteady guts and a nail-biting tendency. This is, perhaps, what they all share in common.

As we talk, you are probably planning to have a skiing session out on the slopes of the Alps in Switzerland, or some other fancy place. It is understandable that, at such times, you probably do not want to hear the term recession mentioned. Of course, if you are a banking mandarin planning to get more interest over money belonging to others, such a word is not welcome either.

Yes, who can doubt that China is today one of the world's secret superpowers? For this reason, if China is ridden with the smallest issues that some may think is not significant, the ballooning effect in the world economy could be truly devastating. They could be some huge challenges lurking on the way. The changes can be quite compelling as well. The trials might be both short-term and long term. In this situation, who will be able to lift his head out of the deep economic abyss?

Some also ask: What is really going on? Interestingly, some have made their case claiming that in the next few months or years, the world will have less demand for fuel. But this might just be a mere hypothesis. In the midst of this, a valid question comes: Is the world becoming gradually less dependent on oil from the Middle East? Can this really happen? If this is so, the prices will drop with less demand. Even so, many areas of the world economy are usually affected adversely when the prices drop in this manner.

But the world market is generally affected by so many factors other than the price of oil. Truly the world shares and stocks are not just affected by the uncertain oil market. Other significant areas of the economy are getting affected by the day. One of this is a celebrated giant in the name of the mining industry. Consider countries like Brazil, Russia and South Africa. In these countries, the prices of mining shares have been steadily dropping over the years. With this trend, you can guess that after a while, the overall prices of ordinary commodities will follow suit and drop significantly.

Have you heard of the cataclysmic term, Armageddon? Yes, to many people Armageddon means destruction, utter loss, disaster. Today, some major financial authorities are pulling in all directions in the attempt to catch up with the perpetually slipping prices of stocks. An Armageddon in the making?

Nevertheless, in the midst of all these, shouldn't we be optimistic? We expect that the world economy will rise up again, like the proverbial phoenix, at the end of the day. Nevertheless, the journey is filled with lots of challenges. While we all love to be optimistic, it might be wise to entertain what many call ‘a guarded optimism'. The signs are crystal clear: there could actually be another round of world recession looming on the wings.

At one time, in recent years, the world economy was estimated to grow at the rate of 3.1%. Nevertheless, several factors eventually worked against this initial positive trend. The highly delicate economies of nations like Brazil, Russia, coupled with the Chinese crisis as well as trouble at the US Federal Reserve Bank all combined to spell doom for the momentary glad tidings.

Where, then, will we get some real good news? Only the passage of time will tell.

The NASA satellites have revealed in a recent report that the world is greener than it was 20 years ago. The study shows that China and India are the two emerging countries which have the world's biggest population and now are leading the world to become more greener in the past years. The study further claims that the reason behind this massive change are the various tree planting programs in China. Also, the boost in agriculture in both the countries is one of the reasons for this change. India broke its own record of planting trees in 2017. Volunteers planted 66 million saplings in just 12 hours in India, which is a very big thing indeed.

NASA had an instrument that orbited the Earth on two satellites for 20 years. This instrument recorded this data. The instrument is known as the Moderate Resolution Imaging Spectrodiometer. In short, it can be called as the MODIS. This instrument provides a very high-resolution data with accurate information. With the help of this instrument researchers concluded that the world is greener as compared to the past 20 years. NASA reports that the world has become greener and the amount of leaf area on plants and trees can be equivalent to the amount of the area covered by the Amazon Rainforests. In other words, there is an addition of two million square miles of green leaf area in the world as compared to the year 2000.

However, China and India are said to be accountable for the one-third of this greening. Moreover, the MODIS satellite sensor has captures about 4 shots of each place on earth in the past 20 years. This instrument is considered to be a helpful resource to research on long term progressing of different subjects such as the earth's climate. A research scientist said that when they noticed the greening of the earth, they first thought it was because of the warmer and wetter climate. A warmer and wetter climate adds carbon dioxide to the environment which initiates more leaf growth. However, the MODIS later revealed the true picture that why the earth was getting greener.

China and its vast population has however played a 42% role in conserving forests. The particular programs to conserve and expand forests were conducted by the country to reduce soil erosion, air pollution and climate change. However, it leaded to a greener world. Whereas, India participated in a greener world by doing intensive cultivation of food crops. Both the countries have played an important role in the greener world by cultivating food crops. This was done through multiple cropping practices. When a field was harvested, it was again cultivated to replant, which in turn produced multiple harvests in a year. The production of food crops have increased by 35 to 40 percent in the past years. The reason behind this is the large population of both the countries.

We hope and pray that the greening process doesn't change In the upcoming years. However, if it may change there may be a number of factors behind it including the groundwater irrigation in India.