2020 Netflix crisis Coronavirus

Three steps for banks to combat the Coronavirus recession

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Coronavirus recession is quite different from the Great Recession. Estimates suggest that advertising spend will reduce by 30-60% throughout 2020 and beyond.During these times, it is crucial to know how consumer behavior has shifted, what impact it has had on the acquisition of new users, and existing users’ activity.

How banks and fintech apps are responding to this change, and what strategies should they be implementing right now.Downloads and active users for Banks and other financial apps seem to be decreasing in Asia from February 2020 till April 2020.

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Southern Ontario highway partially closed due to convoy demonstrations: police - globalnews.ca - Usa - Canada - city Detroit - county Windsor
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Southern Ontario highway partially closed due to convoy demonstrations: police
convoy demonstrations against COVID-19 measures.Police said the westbound lanes of the highway at Nauvoo Road have been shut down due to “high traffic volumes” from “freedom convoy” demonstrators.Drivers in the area are being asked to follow emergency detour route signage. Windsor-Detroit Ambassador Bridge access resumes after trucker protest blocked traffic “The OPP respects the right of everyone to freedom of expression and peaceful assembly,” police said.“The OPP asks everyone to be patient and respectful of each other despite potential inconvenience.”The closure is approximately 45 km away from the Blue Water Bridge crossing between Canada and the United States in Sarnia, Ont.It’s not clear if that’s where convoy demonstrators are intending to go.Part of Highway 402 was blocked on Sunday as well due to convoy demonstrations. Police have redirected commercial traffic to the Bluewater Bridge in Sarnia, Ont., and urged motorists to avoid the area around the Ambassador Bridge in Windsor, Ont.There, a protest against COVID-19 measures is blocking Canada-bound vehicles from crossing the Ambassador Bridge between Windsor, Ont., and Detroit for a third day.More to come.— With files from The Canadian Press#LambtonOPP have implemented a closure of westbound Highway 402 at Nauvoo Road to ensure public safety.
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