Things will be better tomorrow

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Make tomorrow today. Do not procrastinate another day. Transform your business tomorrow today. Things will be better in business tomorrow cause of what you did today and every day.

The business world today and the business world tomorrow will be hugely different after coronavirus pandemic. We need to tackle tomorrow today even in lockdown before peak infection comes.

There are better ways of working that can help alleviate and even solve the coronavirus pandemic. We can learn the better ways to make post coronavirus pandemic better.

We will not manage this crisis quicker by doing what we have always done. Neither will post crisis be better by going back to business as as normal.

Tomorrow will be a better if we change our today

Take action today for a better business tomorrow. Transform your business today. Tomorrow is not a given. Ask yourself how can I make tomorrow better than today? Work with people who can help you make your business better tomorrow.

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News opinions analysis reviews and activism with local and global people. Sixth generation movement to power 4th industrial revolution faster cheaper better. Connecting the world to achieve more with less.

6G Today Tomorrow and Everyday Thereafter

How do we improve on yesterday so that today and tomorrow is better and more cost effective. What is it that we have that is good?

  • What could be better?
  • Why is it not working now?
  • How are we going to change things?
  • When will we achieve enough is good enough?
  • Where do we need to act?
  • Who can help us move forward?

Striving for perfection is not our goal. Do not let perfection be the enemy of the good enough. Focus on making realistic changes for the better happen. Dreaming of a better world tomorrow does not make the real world good enough today.

Practical action to progressively improve the world we live in

Most people in 3rd world countries are not interested in woke words. They simply want to live better tomorrow than they did today. Most peoples 1st world problems could be alleviated with a holistic approach to good business management and lifestyle choices.

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Aspiration to live better wherever you live in the world can be fulfilled by solving all our problems together at once not by a piecemeal approach. Good words do not put food on the table or a roof over your head. Sodding your neighbour does not protect you from destroying everything you have built around you.

People can work together for common good

We do not need to be in the same country culture or place to work as a team to achieve what we want for ourselves. Getting what you want can help others to get what they want out of the investment of time.

Putting up trade barriers does not work for the builder of walls. Forcing people to be in your gang does not make progression towards goals fast enough. Seeing the mutual benefit at the end for all people on the bus does.

Our holistic approach to making decisions for the common good will be successful for all who lend support

If you put your shoulder to the wheel you can reap the rewards from the effort.

We are not looking for constant companions but do seek constant progress. Moving it forward a little everyday is better than big leaps now and again. We do not need to be beside you for every step but would like to be with you at the end of the journey. We can achieve more together than on our own.

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There is always trouble ahead for business leaders

Finding a better way to manage business challenges with BusinessRiskTV.com

And there are always opportunities to grow a business faster too. There are always leadership challenges regardless of era in business. Improve management of the biggest issues facing the business world today.

Inspiring Leadership To Strive To Achieve More In Business

Learn how to overcome leadership challenges. Being a successful business leader means there will always be challenges. The business problems will change but it is naive to thing that your challenges are more difficult than the challenges other leaders have overcome in the past.

Under the radar for many business leaders is the 4th industrial revolution. This new decade will see threats to the survival of some traditional businesses and opportunities to develop new income.

Many thing the coronavirus is a short term problem we need to get to grip with. However the coronavirus outbreak will kill people interrupt business activity and reduce global business growth for the whole of 2020 and much of 2021. However the coronavirus will also drive new ways of working that will last after the virus has been brought under control.

In the UK the biggest issues combined that impact on future business success is poor productivity and lack of skills. UK business leader must invest in capital assets including automation or machinery as well as people. Workers in the UK need dramatic upskilling. There has been a distinct lack of investment over the last decade that needs redressing over the next decade. Instead of whinging about lack of immigration UK business leaders need to be more innovative and invest in engaging existing workforce more.

We can achieve so much more than we are currently doing. There is a significant lack of investment in innovation and new ideas to overcome business challenges. Perhaps it is a hangover from the slow recovery from the 2008 financial crisis. Business leaders have thought about survival for so long that it has suppressed a more creative and innovative business world.

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Top risks in world economy the threats and the opportunities

Global economic issues and trends with BusinessRiskTV.com

Although unpredictable lets try and predict the future! What is exciting is that clearly there are many threats particularly from the environment and trade wars. There are also massive opportunities for business leaders who are in control of their own business risks.

What are the biggest threats and opportunities to the world in the new decade?

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Some of the biggest global risks business leaders have little control over. Warfare and mass destruction global inequality between countries and unequal economic development creating mass economic migration global trade wars global pandemics political shift towards popularity driven left or right wing positions and systemic collapse of the financial markets. Contingency planning is the best that business leaders can do to manage most of such global catastrophic risks.

However there are risks business leaders do have the potential to have control over but do not always control such global occurring risks. Global risks falling into this category include deteriorating natural environment and global warming as well as cyber attacks.

Many of the risk management solutions for one global risk can manage the threat and opportunity from another risk without extra investment of time or money.

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What are the biggest risks to the global economy in 2020?

BusinessRiskTV is scanning for threats and opportunities to the global economy in the new decade. If you look for it you can still see an abundance of wealth and opportunity globally and locally.

Global Recession 2020?

Putting warfare and mass destruction risk to one side the most likely cause of a global recession in 2020 is the continuing or deterioration of global trad wars.

USA China is the linchpin of the global recession risk in 2020 and 2021. By the same token this trade war offers the greatest salvation for global economic boom. It is our feeling that the upside risk is more likely. Neither party is concerned with the world outside their own backyard but will pragmatically compromise with an agreed trade deal or two by the end of 2020 or beginning of 2021. When they do the rest of the world will boom along with them.

Of lessor importance is an agreement between the UK and the European Union. If a deal can be signed within 2020 and this is in addition to a USA China trade deal then it will be up to governments around the world to play their part. If countries invest in their own infrastructure particularly communication infrastructure then the global economy will face the 4th industrial revolution on steroids!

The climate threat has come off age! The solutions are already known. However the will is less obvious. The financial services industry particularly banks will probably be the biggest influencers in driving environmental protection. Many banks and investors are refusing to finance coal businesses and are threatening divestment and lack of funding for other fossil fuel businesses. Even the governor of the Bank of England has told pension fund managers to sort out investment in fossil fuel based businesses.

The flip side of this is the opportunity to make money from environmental protection. Existing and developing environmental protection technologies are a real business opportunity. Even if your business does not sell environmental protection products or services your brand needs protecting via the adoption of good environmental protection policy.

The world is drowning in debt and fake money. Government corporate and personal debt. How future generations will cope with the weight of debt when many in the developed world are also going to suffer the effects of demographic time bomb detonation. Quite frightening! However one way to cope with future and present global risks is for governments to invest money in infrastructure particularly 5G communication and utilities. Many of the innovation and inventions are going to rely on power and the internet.Necessity is the mother of invention but with power and faster communication we will be trapped in the past with only a vision of how much better our future could be globally.

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Global Economy Risk Analysis and Review

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25th June 2020 International Monetary Fund IMF Says Global Economy To Shrink Nearly 5 Percent In 2020

The IMF is now predicting a deeper global recession caused by the coronavirus pandemic. Even if the spread of the virus reduces which it is not consumers will be too frightened to spend at the same level as prepandemic. This will hit the the global economy hard.

8th June 2020 World Bank Forecasting COVID-19 Pandemic To Shrink Global GDP By 5.2 Percent In 2020

The forecast if it is right will be worst global economic contraction since World War II. The World Bank is forecasting global economic growth of 4.2 percent in 2021.

26th May 2020 The Second Wave Is Often The Biggest Killer

Going back centuries we can see that it is often the second wave of infections that kill more people than the first hit of the pandemic. While some countries are getting to grips with the Covid19 pandemic others have yet to feel the full force of the new deadly virus.

The game changer will be a vaccine but without that most countries will experience second third or more waves of Covid19. How big these waves impact will depend on learning the lessons from the first wave and not repeating the same or similar mistakes.

A large second wave of the virus with run away exponential spreading that forces reinforcement of social and economic lockdown would be catastrophic. The reproduction rate in countries where the virus is under control must be kept below 1. Countries which do not have the virus under control need to be quarantined to prevent them spreading the virus back into controlled country environments.

Even without a second wave of deaths the first wave tsunami economic wave may hurt localised areas whole continents and the world:

  • Some countries will not be able to pay their debts built up prior to pandemic or during the pandemic.
  • The eurozone and wider European union could implode from within. Alternatively some weaker countries may be forced to leave for the sake of survival of the rest as a homogeneous economic unit.
  • Systemic banking collapse could yet occur. Italian Indian and Chinese banks are particularly weak. However unknown weaknesses in other national banking systems could be the first domino to fall.
  • Corporate entities soaked in debt may have to close creating bad debt others may struggle to cope with.
  • Commercial and private valuations will in the short term be overpriced. Investments which have such assets are also overpriced. If there is not a V-shaped recovery in the economy then in the medium term this could create an unstable finance sector that could be a lot more damaging than lost revenue for a few months.
  • The political fundamentals could change when people react to the dawning that not only have thousands of people died but their financial futures are ruined for decades or perhaps lifetimes. Russia Brazil and India could presently be smoldering in embers of political change which could affect oil prices and the global economy.

Most of all debt was a problem for many countries prior to pandemic. With the pandemic debt has been posted as the saviour. It could become a bigger killer than the virus.

14th April 2020 International Monetary Fund IMF Reports The Global Economy Shrinking 3 Percent Due To The Coronavirus Pandemic

The IMF had forecast a growth of 3.5 percent for the the global economy pre pandemic. This means the IMF is forecasting a 6.5 percent swing from growth to global recession.

The financial crisis in 2009 only saw a global recession of 0.1 percent. This economic and financial crisis is 30 times worse than 2009 financial crisis. Next year the IMF expects a massive bounce back to global economic growth. Not all businesses will survive to see it.

23rd March 2020 Global Recession Due To Coronavirus COVID19 Pandemic Is Guaranteed

The only uncertainty is whether the global economy will deteriorate so much that a long term global economic depression happens.

20th January 2020 International Monetary Fund IMF Cuts Global Growth Forecasts 2020 and 2021

The IMF is now forecasting global growth of 3.3 percent in 2020 and 3.4 percent in 2021. Risks to the global economy include:

  • High levels of inequality within countries and between countries
  • The rapid development of 4th industrial revolution technology threatening unemployment rises
  • High geopolitical risks and trade wars
  • Financial meltdown due to very high levels of debt

The IMF can see signs that some risks are stabilising but still significant threat to global growth.

9th January 2020 Now The Iran USA Immediate Threat Of War Is Dissipating The Global Economic Threat Returns To International Trade Wars

The signs are that both USA and Iran can agree to disagree again within killing thousands of people. The biggest threat to the global economy is the trade wars around the world particularly USA China trade war. Even this threat appears to be unwinding in its severity especially if they can do a partial deal soon.

If America and China can do a trade deal sign it and implement it the global economy can expand aggressively. It will be like the cork in a bottle of champagne.

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Until then and in addition to such a trade deal governments around the world need to invest heavily in infrastructure to support the global economy and prepare for rapid expansion 2021 onwards.

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