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Wednesday, May 12, 2021
The disruption to the global economy that has ensued since the World Health Organization declared COVID-19 a pandemic has resulted in a sharp increase in the number of companies filing for bankruptcy. Notably, the number of U.S. bankruptcy filings by companies with over $100 million in assets increased by 84 percent during the first three quarters of 2020 compared to the same period in 2019.
[1] In the second quarter of 2020, such filings reached the second-highest total for any quarter in the last fifteen years just below the all-time high in the first quarter of 2009 during the aftermath of the 2008–2009 financial crisis (the Financial Crisis).
Before the coronavirus pandemic took hold of New York one year ago, Mayra Rodriguez Valladares said the best part about her job was traveling around the world as a financial risk consultant, educator and contributor at Forbes.
Today, Rodriguez looks at her indoor garden next to her desk to make her work from home more outdoorsy. I felt it was important to have something visual to remind me that better times are ahead, Rodriguez, who lives in Scarsdale, Westchester County, wrote in an email. I chose a wide range of flowers . [and] planted cilantro and basil because these are herbs that I can use soon while cooking.
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