– By Afolabi Thomas, Business Editor
2020 could potentially become the most chaotic times of the century, in theory of course. What I mean by that is so much has occurred over the past few weeks, and it’s only March. There is still much of 2020 left, and we’re in for a rollercoaster ride.
Coronavirus marks its territory
Covid-19, known globally coronavirus, is disrupting the way people go about their daily business. If you were one of the individuals who didn’t need to work from home this week, you would have noticed something missing outside. People! Less and less people walk the streets besides those going to work, and those unaffected by the constant fear promoting news. Many are at home preparing for the worst.
In the most extreme cases, the supermarkets’ supply of toilet rolls and hand sanitiser are ransacked. It’s gotten so bad that your local corner shop can’t even stock the essential supplies due to excessive demand.
Unfortunately, this virus has already posed a threat to small businesses. Since less people are active outside, small business revenues have plummeted. Forced closures, and employee layoffs are among the extreme measures taken to cut costs. What crossed our minds was what happens to businesses who rent their spaces and rely on business to pay wages and rent? What happens to those who have their hours cut?
The current solution that was implemented by the government is to place a ‘soft’ lockdown on the nation in the following ways:
- All shops selling non-essential goods (food, medical supplies, etc.) must be shut
- You must stay at home; at times of exercise and buying essentials from the supermarket you can step out
Mr Johnson needed to go a step further as people took the initial ban lightly over the weekend. Police have now been given the powers to enforce the rules through fines and dispersement of gatherings.
So now, working from home (WFH) is the new norm in the labour force whilst this quarantine goes on.
🍸 This nightcap is brought to you by the Manhattan cocktail. Ingredients: 2 ounces bourbon whiskey (Maker’s Mark), 1/2 ounce vanilla liqueur, 1/2 ounce orange liqueur (Grand Marnier), and 3 or 4 drops of anise liqueur. Add the ingredients together and shake well. Then strain into a chilled cocktail glass (optional: add garnish) to enjoy after work… or during, I didn’t see anything.
Adapt and Survive
I want to take a moment to say to everyone we’re going to get through this rough time, although things will take some adjusting to. In the meantime, WFH is here to stay until further notice, so lets focus on the positives.
Firstly, that travel time you needed for work is non-existent, assuming you can find a quiet working place at home. Take this time in the morning to prepare a morning routine that can put you in a positive state of mind. This can be anything from meditation to a 30-minute read, or maybe you start your day with stretching and a healthy breakfast Whichever you choose, make sure to be consistent.
Set goals for yourself! Sure, the gym is closed and some of our new years resolutions were abruptly paused, but that doesn’t mean we can’t stay fit. There’s a variety of quick fixes that can keep you pumped through bodyweight exercises like pushups and sit-ups. However, if you have free weights at home, then even better! When stepping outside for fresh air you could go for a mile run if you need the extra cardio.
- In the recent news, the markets bounced back from their terrible downtrend, with the FTSE 100 gaining 4.5%. The Dow Jones made gains of around 11% as well indicating increased investor confidence after US President Donald Trump informed the public that the lockdown would end on Easter.
- Gaming share prices rose due to increased user influence after lockdown notification. However, Xbox and Nintendo both under bandwidth pressures with over 20 million users logged in at the same time.