Coronavirus Pandemic Affects The United States.
Since the coronavirus hit the soils of the US, thousands of people are dying as the number of cases is escalating every single day. Because of this, the schools might reopen in the fall.
The government ordered the Americans to stay and work from home to help stop the rampant spread of the disease. Besides, many learning institutions are not open since schools may act as hotspots of the virus.
United States’ economy is in danger since the stock markets are trading very low. This makes investors shun from investing their wealth since they are risking getting big losses.
The European markets are also falling. For example, the Pan-European Stoxx 600 was down 1% as of the Wednesday trading session.
Administrators in California, Arizona, Michigan, Georgia, and Washington closed learning institutions for the remaining time of the academic period.
Bill Gates Views On Learning Institutions And Global Economy Amid The Coronavirus Pandemic.
Bill Gates is a rich humanitarian who co-founds the Microsoft 4 decades ago. He gives his views on learning institutions and the economy in the United States.
Gates says that schools may open again despite the drop in the global economy. However, the United States economy will require more strategies to return where it was before the coronavirus attack.
In a discussion with Becky Quick, Bill gives his thoughts and says that this academic year for schools may not have a substantial turnout. Gates thinks out loud and says some learning institutions have enabled its students to learn online by use of good internet.
The biggest challenge in online learning is that some students lack the financial capabilities of owning a computer leave alone the internet. For the case of rich private schools, their administrators ensure the students have access to the internet and every one of them has a computer. This way, the students may not have any difficulties in learning through an online platform.
Because of this challenge, many school districts made up their minds not to have online teaching or learning. The reason for this decision is to promote equality and justness. This is especially for those with lesser capabilities of having a computer or the access of the internet to facilitate learning.
Ray Dalio and Jeff Bezos are trying to provide computers and internet to the students to solve the dilemma and mystery that is at hand.
On the side of the economic resurrection on countries, Gates’ suggestions are great. He says that countries in hard times should consider manufacturing and construction activities first and finally the education. He points to the economy states of China and South Korea and says that they are coming back to life.
Vaccine Development, The RNA Approach And Bill’s Contribution Towards The Work.
Bill Gates retires from the panel of Microsoft to put his focus on health works at his foundation. The organization contributed over $96 million in response to the pandemic. Gates promises to sponsor workshops that can produce coronavirus vaccines.
The rich philanthropist says it may take over a year to come up with a vaccine to prevent coronavirus. However, the vaccine may not be good for the old and sick people but may advantage the young people.
Moderna and CureVac are in use of the RNA vaccine, found in 2015 as a solution for epidemics. Bill Gates gives his opinion and says when things go well with the approach, they could develop the vaccine less than 18 months.
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