nothing is frivolous

The COVID-19 pandemic is expected to cause severe impact on the economy than the 2007-2008 recession. Certain steps, maybe in the form of policies have to be taken by the Government. Extending the deadline the financial year for 2019-2020 might also be a good idea as it will act as a cushion for the companies. Several countries have already taken this decision. For the rest of this article I will explain the remaining possible targeted policies with India as an example. India extended its Financial Year 2019-2020 deadline from April 31, 2020, to June 30,2020. But extending the deadline alone will not create a major change. Certain more steps have to be taken. Since, already India has been fighting with stagflation for nearly a year it will be very difficult for the Government to take any policies without further investigation. Stimulus packages were announced by the Indian government amounting to nearly rupees 20 lakh crores, but unfortunately it failed to meet the demand side obligati...

Korean War history and the 38th parallel North Korea is an isolated nation that proclaims its southern neighbor South Korea as its enemy. North Korea blew up its joint liaison office with South Korea on 16 June 2020, in a dramatic and carefully planned display of rancor toward its southern neighbor. Till the end of the Second World War, there was no separate North and South Korea and they were collectively called Korea. In this article, we will see what led to the separation of Korea and the Korean War, which was fought after the separation in detail. Korean war led to the split of North and South Korea Separation of Korea At the end of the Second World War, Korea — which had formerly been occupied by the Japanese — was divided along the 38th Parallel (38 degrees North) by the United States (US) military planners Dean Rusk and Charles Bonesteel, as a temporary division of the country. But the onset of the Cold War (rivalry that developed after World War II between the US and the So...