world's population may suffer from the worst economic crisis (World Bank warns)

Lockdowns are causing farmers to waste more than 40 million liters of milk a day in the United States alone. Reports

WASHINGTON (April 13, -2020) - The World Bank has warned that a quarter of the world's population may be the worst economic crisis in the last 40 years, the World Bank reported. This year's economic growth in the countries will remain at its lowest level for the first time after four decades, according to a report by the World Bank focused on the economic situation of Asian countries. The decimal point will be from eight to two decimal eight percent.

While the Coronavirus outbreak was estimated six months ago, the growth rate would be six percent to three percent. It is believed that millions of people have been raised above the poverty line in recent years. Will go Some South Asian countries are expected to have low growth rates, while experts say there may be a recession in some countries. The World Bank has asked all countries in the region to help the unemployed and business people. Also, take steps to help as much as possible.

Although the number of victims of the Coronavirus in South Asian countries is lower than in other regions of the world, most countries in the region have been carefully locked down. Talking about the economies of these countries, Dr. Zafar Bukhari, a prominent economist and professor at the University of Chicago, said, "It is just projections but it is not yet possible to say what the real situation will be."

"It is certain that in this region, where one-quarter of the world's population lives, the other quarters, large economic activities until June, do not appear to be possible in the current context," he said, adding that most of the countries in South Asia, where there are agriculture and Economies are more dependent on the services sector and they can move towards recovery at the end of the epidemic than in countries that depend on industries.

On the other hand, Lockdown has greatly affected various businesses around the world, and reports suggest that one million 40 million liters of milk is wasted in the United States alone, and similar news about vegetables and other crop growers. Are getting Farmers and dairy farms are likely to be affected by the closure of hotel and hospitality industries around the world. Farmers are being told that the stock left in their stock will be lost in cafes and tea shops around the world. The closure has reduced the consumption of milk.

Owners of American dairy farms say they are wasting 37 million gallons (15 million liters) of milk daily due to supply problems, and dairy farms in the UK say there is a risk of losing 5 million liters of milk each week and They are under severe financial pressure. Also, the crops are being wasted, according to the New York Times. A man associated with the poultry business told him that he was wasting 7.5 million eggs every week. The crop has to be wasted.

The owners of tea gardens in India have already warned that after the lockdown, the first crop is harvested and they have similar fears about the second. Farmers also face labor shortage and Germany last week I had to bring in labor by air from Poland and Romania to make special arrangements for harvesting the vegetable leftovers, but another change that has been observed is the use of flour in Britain and the demand for organic food in France. It is an addendum.

Demand for malt juice in the US was declining, but after the Coronavirus outbreak, it has seen a 38% increase.