Digitalization of railway service with the use of post-covid-19 events

Every year there is a digitalization of transport systems where it is discussed how stations will play an important role in the digital railway revolution and highlights a project that aims to accelerate the adoption of new technologies. The world of transport is undergoing a digital revolution and railway stations may be a key platform for the implementation of new innovations. A project undertaken by the transport is seeking to accelerate the adoption of new technologies in this space. New technologies, an increased focus on integrated travel solutions and the need to maximise capacity across the rail network to cope with demand, is placing a new emphasis on innovation in railway stations. Every year, billions of people travel by rail around the world. But as passenger numbers continue to grow, and the expectations of passengers continue to be more demanding, the pressure on rail organisations to deliver high-quality passenger journeys increases. Transport for Wales (TfW) has today launched its new smartphone app, providing enhanced features and, for the first time, a bilingual service. Passenger rail has been one of the most impacted sectors by the COVID-19 pandemic, suffering a catastophic decrease in passenger numbers since March 2020. © 2022 Elsevier B.V.. All rights reserved.

World economy development forecast during the COVID-19 pandemic

More than a decade after the global financial crisis, the world is fighting against the health and economic implications of a new deep crisis caused by the COVID-19 pandemic. Advanced economies entered this crisis with historically low interest rates and public debt whose amount was higher than in the 1960 years. They will recover with a higher amount of public debts. Based on pre-pandemic analysis, this article explores options for policymakers to respond to adverse economic shocks. In 2020-2021, according to the International Monetary Fund, the losses of the world economy will be $ 9 trillion. The gross domestic product (GDP) of Russia will decline by 5.5%. In 2021, the GDP of all countries will grow. In general, the developing economies and expanding markets will lose 1% of GDP in 2020, and in 2021, it will be 6.6%. In 2020, the world trade volume will decline by 11%. The depth and duration of the economic downturn will depend on many factors, including the virus behavior, the public health response, and economic interventions.