THE COVID-19 CRISIS SIGNALS A NEW GLOBAL ORDER
CAN WORLD AFFORD HIGH DEFENCE SPENDING NOW?
2020-04-13 09:48
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The COVID-19 pandemic has created global panic. This is a relatively new strain of virus and we have little knowledge of its spread and the damage it can cause. We are not sure about how long will it continue. The pandemic has brought the global economy to a standstill. Even the highly developed countries are finding it hard to cope up and are trying to meet the minimum basic needs of their people. Whereas the developed world may be able to feed its population for months in this crisis, but for the developing world it is going to be a horrendous task.