SOCIO ECONOMIC EFFECTS OF COVID- 19 ON GLOBAL ECONOMY The effects of Covid 19 have been felt by most nations of the world, though it started in Huwan China as a community disease in December 2019. Corona virus has become one of the worst pandemic to hit the world in this century. Being a new virus as our scientists are telling us, Covid 19 has become a major threat even to the major economies of the world; they have been hard hit by this killer monster that currently has no cure. So far it has been estimated that over 1.6 billion people in the informal sector have lost their jobs because of Corona. Currently, Covid 19 has left over 700000 people dead, millions infected by this killer virus; as a result of this, Nations have been trembled and global economy hard hit beyond repair. The Economy of most nations is bleeding uncontrollably. It is evident that no nation in the world has been spared by this deadly disease. It has left many wondering, what is the way forward for the next 6 months, owing to the fact that, the virus is spreading like bush fire. It is important to say that major sectors of global economy have been deeply wounded with no hope of soon recovery. Numerous effects have been evident in the economy of almost every nation. One major effect of this killer disease has been the death of thousands of people with the graph rising on a daily basis. This has shaken not only the family foundation but national and global foundations have not been spared. Many people have lost their love ones in different aspects; some have lost their husbands , others their wives, while others have lost their fathers or mothers, parents have lost their children , brothers have lost their sisters and vice versa etc. Cries are being heard from every corner of the world, with cure to comfort people who have been bereaved by their loved ones. People are living in fear because they do not know who is next in the line of infection and in severe cases death. People can no longer go to see their loved ones in the hospital because they cannot be allowed ; because of the nature of the disease, it has become almost impossible to control this pandemic; it is terribly infectious in that ,even the dead are handled with great caution , the worst part of it is that, people are not allowed to bury their own; this has left many traumatized and in great pain as a result of the loss their loved ones; for instance relatives who have their people abroad cannot receive the bodies of their loved ones; where people dies , they are buried there by few people; some people might never see the graves of their loved ones, because its only the authorities in those countries that knows where people have been buried. Job losses have been a notable effect of Covid 19 .It has been estimated that over 1.6 billion people in the informal sector have lost their jobs; working hours has rapidly reduced to less than 6 hours per day in many major economies .This has led to increase in poverty level, many people are depending on government for even the basic necessities of life such as food. Living standard is no longer a priority in many nations; people are struggling to have a better life with little or no success. Industries are no longer operational; some have shut their doors with no hope of opening soon. Not one sector of the economy has been spared, for instance, tourism and transport have been hard hit to the point of drastic stagnation; employees in these sectors are struggling for survival but in vain. Hotels have been closed, airlines are no longer enjoying their good profits, and it is only cargo planes in some countries that have been left to operate, not for profit gain but for survival. Tourism has been greatly affected as a result of the current travel restrictions; no one is allowed to move from one country to another for tourism or trade. Many employees in the hotel industries are at home with no hope of ever being paid for what they have worked for, leave alone what they have not worked for. Education is another sector that has been deeply affected by Covid 19.Most learning institutions globally, have been closed as a result of Corona virus. This has distracted the academic calendars of most learning institutions. Chances of students who are graduating this year seem to be dim if things don’t change. Most learning institutions are no longer operating. This has left many teachers and educators struggling to make the ends meet. With the increase in the rate of infections; currently there is no hope for learning institutions opening soon. Some nations are trying digital learning while others are stranded not knowing what to do. Health sector is the most wounded of all, with doctors having sleepless nights trying to help those affected by this pandemic; scientists are trying hard to find the cure for this dreaded disease. The budget of health has been strained beyond limits. Governments are borrowing from other sectors to aid the health docket. This is the only sector that is having people who are a hundred percent at work. The health workers have not been spared; many health workers have died in the line of duty a thing that should worry any person because they are in the forefront. This is the right time to support the health workers with all that they need to keep the ball rolling. Many health workers cannot go back home after work because of the high rate of infection of the Covid 19. The families of the health workers are stressed because they cannot see their husbands at home, some cannot see their wives as they used to, children can no longer enjoy the joy of having their parents at home Religion is another sector that has been greatly affected by Covid 19. People can no longer congregate. The social distance rule has made people to stay at home, this has greatly affected the spiritual well being of many ; In this century Covid 19 is the only disease that has caused total lock down even in the most sacred places all over the world . In the history of man, this is one of the dreaded diseases that has made places of worship a no go zone. All over the world no mosque, temple, shrine, church etc are open; in most countries it has become a crime to be found in the place of worship. Many worshipers have found themselves on the wrong side of the law because of ignoring the social distance rule. The social distance rule has caused people to be apart; people can no longer socialize as they used to, currently it’s a crime for many people to be found in one place either for a drink or sports. Trade is another sector that has been greatly affected by Covid 19. Many people can no longer operate their business because of the movement restrictions .People can no longer trade freely as they used to. Many business premises have been closed because of this killer disease; trading has become almost impossible in every nation in the world. As a result of this, the economy of most nations is on a stand still because people cannot pay tax which is required to run any economy .The money market is no longer active because people cannot trade as they used to. The time has come for people from all nations to join hands to defeat this monster which is threatening to wipe out the human race from the face of the earth. This can be done by adhering to all the set rules and regulations to curb the spread of this dreaded pandemic. Quoting from one health minister from Kenya who said; “If we continue to behave normally towards Covid 19 this disease will treat us abnormally, he further said that citizen responsibility is the key to defeating this virus” (Mutahi Kagwe .) Compiled and written by George K Mwangi Passmark educators