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- 1. The Week That It Was! Group 1: Samyuktha, Haripriya, Mrigankhi, Rashmi, Ayush, Saurabh. 1
- 2. Overview Novel Coronavirus Brexit Budget Trump Emergency in Australia Technology 2
- 4. Few Questions How contagious is the virus? How deadly is the virus? How long does it take to show symptoms?How much have infected people travelled? How effective will the response be? How long will it take to develop a vaccine? 4
- 5. The Big Picture • The patient identified as a 56-year-old has been discharged from the hospital after showing tremendous improvement. • The woman Chen first started showing symptoms on January 10th and was hospitalized on January 12th. • Strangely showed good response to a medicine used in treating HIV and AIDS • Nelfinavir a protease inhibitor drug • Decrease toxins and reduce production of virus China Successfully Cures First Person Of The Deadly Wuhan Coronavirus Using HIV Drugs 5
- 6. Affected Countries Country No. of Cases Country No. of Cases Australia 9 India 2 Cambodia 1 Italy 2 Canada 3 Japan 14 Finland 1 Macao 7 Philippines 1 Singapore 13 France 6 Malaysia 8 6
- 7. Affected Countries Country No. of Cases Country No. of Cases South Korea 11 UK 2 Taiwan 9 USA 6 Thailand 19 Vietnam 5 UAE 4 Sri Lanka 1 Germany 5 Nepal 1 7
- 8. Key Updates Central govt. evacuated more than 500 Indian nationals from China. Most cities including Wuhan have also been shut off from the outside world so that infected patients does not leave As China battles to complete a world record of setting up a 1000 bed hospital in 7 days, Coronavirus spreads to 2 dozen countries: China’s isolation grows The Chinese government has announced to the world that they've successfully treated and discharged it's first patient of the deadly Wuhan coronavirus India reports 2nd case, patient is stable and in isolation at a hospital 8 China’s Coronavirus toll rises to 305, over 14,380 cases reported Death in Philippines is the first Outside China
- 10. WHO Website 10
- 11. Impact on SupplyChain & Transportation 1. Coronavirus outbreak: China shutdown to hit Indian drug manufacturers • Indian drug manufacturers dependent on China for sourcing their drug APIs • China has achieved global dominance in this area • Chinese government has extended the New Year holidays • From January 25th till February 3rd but will now be till around mid-February • If these get further extended then, Indian drug manufacturers will get impacted • Impact on small and large companies 11
- 12. Impact on SupplyChain & Transportation 2. Coronavirus hits Asia’s tech supply chain • Affect on ambitious plan by Apple • Increase 10% production as compared to last year is not at risk • Manufacturing centres are in provinces near Hubei (centre of coronavirus crisis) • Tech companies such as Alibaba, Tencent and Baidu have told their staff to work from home. 12
- 13. Other Impacts 13 ● India imports about $4.5 billion worth of APIs and KSMs from China. ● These include antibiotics, hormones, vitamins, anti-hypertension, and anti-diabetes drugs. ● China lockdown in the long run can severely impact the flow of key components required to assemble smartphones at manufacturing plants in India. ● Apple Q1 surges as iPhone 11, iPhone 11 Pro sales deliver, but coronavirus a wild card for Q2 ● Copper, Brent crude and palm oil, which China imports like no other country, are down even worse in that time.
- 16. Brexit 16
- 17. ° Britain left the European Union after 47 years of membership officially on Jan 31st - 2020. ° The U.K. will continue to abide by the EU’s rules and regulations for the next 11 months during an implementation period agreed with the EU to give businesses and citizens time to adjust to as-yet uncertain new circumstances. Brexit – Jan 31
- 18. 18 What changes after Brexit? ° Australian-style points-based UK immigration and visa system. ° The UK will need to secure an agreement with the EU to stop new tariffs and other trade barriers coming into force after the transition period ends on 31 December 2020. ° Strike a deal with President Trump — or his successor and with other countries. ° Print new passports and ‘take back control’ of borders.
- 19. What does it mean for India? ° The Indian businesses operating in the UK as well as British businesses keen to expand into the Indian market have welcomed the exit. ° There's no question that India will be a vital trading partner as the UK charts a new future outside the EU. The golden opportunities for British firms in India play to the best strengths of UK plc – from infrastructure to healthcare to FinTech ° To fully capitalize on these opportunities, British firms would like to see further progress in reducing corporate tax rates, data privacy and ease of doing business indicators.
- 20. Budget 20
- 21. Economy & Finance ° A new tax regime has been announced ° Companies will no longer be required to pay DDT ° Bank deposit insurance cover had been increased from Rs 1 lakh to Rs 5 lakh per depositor ° Amendment of Companies act ° A part of its stake from LIC to be sold via IPO Agriculture ° Budget allocation of Rs 2.83 lakh crore ° Doubling farmer’s income by 2022 ° Indian railways to have refrigerated coaches in ‘kisan trains’ 21 Highlights of Budget 2020
- 22. 22
- 23. Health & Sanitation ° Allocation of Rs 69,000 crore ° Rs 12,300cr for Swachh Bharat ° Proposal to set up hospitals in Tier 2 & 3 cities using PPP ° Expand Jan Aushadhi scheme for all hospitals by 2025 ° Proposes to provide Rs 1.7 lakh crore in 2021 ° Plan to have a large solar power capacity for Indian Railways ° 100 more airports will be developed by 2024 23 Education Infrastructure ° Rs 99,300cr for education sector in 2021
- 25. Trump Impeachment ° Delayed $400 million in US military aid to Ukraine as he pressed the country to investigate Hunter Biden and Joe Biden, his potential 2020 general election rival, are at the center of the President's impeachment trial. ° Trump survived the Senate trial and will be re-nominated to contest the 2020 election. ° Trump’s defense: Perfect and one of the nicest calls he ever made. ° The Senate has rejected calling witnesses in Trump impeachment trial. https://www.youtube.com/watch?v=hSszixvo7d8
- 26. Trump’s impeachment won’t affect India ties ° President Donald Trump has been impeached by the US House of Representatives, the lower house of the US Congress and the legislative equivalent of our Lok Sabha.
- 27. ° President Donald Trump signed the United States- Mexico-Canada Agreement into law, which replaces the North American Free Trade Agreement.
- 28. Overview: ° Country of origin rules: Automobiles must have 75 percent of their components manufactured in Mexico, the US, or Canada to qualify for zero tariffs (up from 62.5 percent under NAFTA). ° Labor provisions: 40 to 45 percent of automobile parts must be made by workers who earn at least $16 an hour by 2023. ° US farmers get more access to the Canadian dairy market: The US got Canada to open its dairy market to US farmers, a big issue for Trump.
- 29. Overview: ° Intellectual property and digital trade: The deal extends the terms of copyright to 70 years beyond the life of the author (up from 50). ° It also includes new provisions to deal with the digital economy, such as prohibiting duties on things like music and eBooks, and protections for internet companies so they’re not liable for content their users produce. ° Sunset clause: The agreement adds a 16-year sunset clause — meaning the terms of the agreement expire, or “sunset,” after 16 years. The deal is also subject to a review every six years, at which point the US, Mexico, and Canada can decide to extend the USMCA.
- 31. ° Authorities in the Australian Capital Territory (ACT) have declared a state of emergency as massive bushfires rage south of Canberra ° The main blaze, in the territory's south, is burning over more than 18,500 hectares ° Although recent cooler conditions and rain have brought some respite, more than 50 fires are still burning in the states of New South Wales and Victoria ° In the worst-hit state, New South Wales (NSW), fire has affected more than five million hectares, destroying more than 2,000 houses and forcing thousands to seek shelter elsewhere.
- 32. An estimated 1.25 billion animals have been lost, and scientists fear long-term damage to many sensitive ecosystems. Australia’s bushfires have released 400 megatons of carbon dioxide into the atmosphere Residents in suburbs of Canberra have been urged to "remain alert" for potential evacuations Canberra's airport was shut down when a blaze threatened to breach its perimeter on Thursday
- 34. ° Vivo grabs 2nd spot in India smartphone market for 1st time - Vivo captured 21 per cent market share to reach the second spot as Samsung slipped to third place with 19 per cent market share. ° Huawei races to replace Google apps for next smartphone. ° IBM Names Indian-Origin Arvind Krishna As CEO. ° Facial recognition coming to Europe, but terms and conditions applied. ° Apple registers best-ever quarterly performance in India; iPhone shipment jumps 200% in Q4FY19. ° Qualcomm to include 'Made in India' GPS-technology in Android phones.
- 35. Our Learnings Supply chain disruptions The key to continuity in supply chain management is a backup plan. 1. Creating simulation models: Simulation models, such as "digital twins," create a digital model of the physical supply chain of an organization. 2. Real-time tracking: Tracking an organization's inventory and assets in real-time provides faster notice when a disruption does occur. 3. Using AI and machine learning for predictions: . AI and machine learning can be used to identify the demand for products, thereby making it easier to manage the supply chain as a whole. 4. Blockchain and other visibility technologies: Blockchain technology and other similar technologies create transactional records, increasing accountability over larger supply chain networks.
- 36. Thank You for reading with us! 36