Falcioni: Too Early to Size Up Virus Impact

The video discusses the impact of COVID-19 on the global economy, focusing on the UAE's response and the role of credit insurance in supporting businesses. It explores potential economic scenarios, the importance of supply chain continuity, and offers recommendations for businesses to protect themselves during the pandemic.

What measures has the UAE taken in response to the coronavirus outbreak?

• Increased travel allowances

• Opened new hospitals

• Shut down nurseries, schools, and universities

• Reduced taxes

According to Massimo Falcione, why is it too early to assess the impact of coronavirus?

• The virus has been eradicated

• There are no reliable figures yet

• The economy is booming

• All countries have recovered

Which region is mentioned as having a significant lockdown due to coronavirus?

• Beijing

• Milan

• New York

• Dubai

What is the role of Etihad Credit Insurance during the coronavirus crisis?

• To focus solely on local markets

• To close down operations

• To support exporters without repricing

• To increase credit product prices

What is a major focus for businesses to ensure during the coronavirus pandemic?

• Reduction in workforce

• Increase in luxury goods production

• Supply chain continuity

• Expansion into new markets

What is a potential long-term impact of the coronavirus on global trade?

• Complete halt of international trade

• Reduction in technological advancements

• Diversification of supply sources

• Increased reliance on single suppliers

What advice is given to businesses to protect themselves during the pandemic?

• Invest heavily in new ventures

• Focus on cash flow and payment protection

• Ignore payment protection

• Reduce all operations