Demand for luxury products drastically reduced because of Covid-19, countries lockdown and global economic slowdown. In 2019 China accounted for 90% of worldwide growth in luxury goods and for 35% of personal luxury goods purchase worldwide. After pandemic reached Italy and France luxury companies faced additional operational problems because of supply shortage and countries lockdown. […]
The damage to Chinese economy from coronavirus predicted to be greater than 2008 global financial crisis. Chinese industrial production plunged by 13.5%,fixed asset investment plunged by 24.5% and retail sales plunged 20.5%. The biggest loses expected in labor intensive sectors and long supply chains. In China low demand for restaurant services and low demand for […]
After reading “The subtle art of not giving f*ck” I want to share main ideas from this masterpiece. The main idea of this book that everyone is responsible about what’s going on in their life and for what person choose to worry. It’s not traditional self improving book, rather it’s unglorified truth of life that […]
Rarely any problem is unique problem. On most cases other already faced your problem and already shared solution online. Don’t overcomplicate your problems by thinking that’s unique problems. Just Google it. Thanks, please follow my blog.
Emotions are overrated and we are not thought to question it. As result we mess up because believe that short term emotions are our long term feelings. Thanks, please follow my blog.
This is truly motivational quote from “The subtle art of not giving f*ck”. Started reading today and absolutely love this book. Motivational but without any sweet blah blah blah. My next article will be based on this book. Don’t miss it 🙂 subscribe to my blog.
Recently life changed, lockdown announced for next 21 days (20 days left). From start I felt that it’s impossible to occupy myself during quarantine. Now I understand that I have next 21 days for work and achievements, even if it’s online work only. There’s a popular theory that 21 days is enough to make changes […]
According to Bloomberg report only 20% (about 50 million barrels) of land storage for jet fuel is available. This is a result of grounded planes in many countries because of coronavirus pandemic. A few main oil production countries created demand and supply disbalance. Demand and supply of jet fuel used to be balanced until flights […]
Work from home could be challenging but you should not stop working towards your dreams. Virus will be gone in a few months, economies will recover from slowdown and recession, world will return to regular life. But lost time could not be returned. Work smart, stay at home and take care about yourself and family. […]
According to article published in WSJ some US energy officials pushing Trump administration to form new alliance with Saudi Arabia. In last a few week Brent oil prices fell sharply to 17 years low because Russia didn’t support Saudi Arabia and OPEC in crude oil production cuts. This event triggered one one biggest fuel cost […]
Economic slowdown resulted in start of recession in 1/3 of economics. Recession works like domino effect, just one trigger is enough for global slowdown. Institute of International Finance (US) downgraded 2020 global growth to 0.4% because major economics entered recession zone. 0.4% growth is the lowest since 2008. Economic predictions changing every week because of […]
After week of staying at home I’m bored like hell. So, I’ve browsing social media for entertainment. Here’s what I came across today. 2020 titanic as new reality.
We life in fast paced life and sometimes forget what’s important truly for us. For everyone priorities look different but most of the time include 6 main spheres of humans life: Profession then generate income and hobby for soul. Family. Health. Social life. Self development. Interesting and fulfilling life. This list looks quite simple but […]
Keep in silence about what’s set your soul on fire. Most of people will not understand, some will laugh, some will be jealous. Keep it for yourself and follow it. Thanks, please follow my blog.
Worldwide economic activity disrupted by fear of COVID-19 that potentially could disrupt the global economic cycle. In research done by Morgan Stanley predicted three most likely outcomes from the corona virus pandemic: Scenario №1. COVID-19 containment by the end of March. This is most unlikable scenario because of outbreak in Italy, France, Germany, UK. Quarantine […]
It’s so hard to change yourself and do not worry what other think about you. Since childhood we are depending on other’s opinion. And in result we learn to suppress own opinion and action because it may make someone unhappy. In my believe that the best rule in life should sound “F*ck what they think”. […]
What do you know about the concept of “waiting for the right moment”? I think you got many advices like this. You make right moment by your action and you should not schedule your life achievements for later (later moment may not come). There’s a few simple ways how to get things done fast: If […]
Mr Trump declared national emergency over corona virus. This comes a few days after Italy closed it’s borders and India canceled all visas till mid of April. Declaration of national emergency is more common than you think. Here’s list of national emergencies declared by Mr Trump: On Sep 20, 2017 declared sanctions for human rights […]
Most of people are busy but how many of them really productive? I think only that who work towards their goals. And I don’t mean only entrepreneurs and business owners. Not everyone can be entrepreneur but everyone can work towards achieving goals (it’s like dreams but based on plan and on-time execution). Here’s a few […]
Here’s short explanation of widely used terms while corona virus pandemic: Epidemic Endemic Outbreak Pandemic. Epidemic term is used to describe any infectious disease that has grown out of control. But it’s mostly concentrated in some region or country. Main example is seasonal flu. It could be flu epidemic in one region and in another […]