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COVID-19 crisis could force Caribbean tourism rethink

Location:

CARIBBEAN

As the English-speaking Caribbean countries attempt to reopen their economies in the aftermath of the initial COVID-19-related lockdown, policymakers, business leaders and think…

Saudi tourism sector set for rapid expansion

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SAUDI ARABIA

The kingdom's Vision 2030 strategy identifies tourism as one of the sectors key to plans to diversify the economy away from oil. Saudi Arabia aims to develop the underdeveloped…

Fires and illness will blight Australian tourism

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AUSTRALIA

Restrictions on travel from China have caused direct losses of up to 2 billion Australian dollars (1.3 billion US dollars) in that market alone. Meanwhile, Australian tourism and…

The US rebound will be less even than headlines imply

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UNITED STATES

Hiring was strong in the leisure and hospitality industries, anticipating higher consumer spending, the US economy's main driver. Accelerating progress on vaccination points to a…

COVID-19 will have severe impact on Hong Kong

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HONG KONG

Impact of the COVID-19 coronavirus outbreak on Hong Kong.

Mauritius faces economic diversification challenges

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MAURITIUS

Clouding the outlook further, public debt remains close to its 2021 peak of 96.2% of GDP and tourism has been slow to recover. Meanwhile, the World Bank has warned that the…

The sluggish Emirati economy faces new challenges

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UNITED ARAB EMIRATES

This partly reflects the February 16 decision of DP World to delist its shares, which dominated the Nasdaq Dubai, but also comes amid other troubling recent economic developments…

Egypt tourism sector will grow, dependent on security

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EGYPT

Mashat emphasised the importance of the event in the context of Cairo's recent initiatives to boost the tourism industry, long a pillar of the economy. Last November, the Ministry…

Sierra Leone opposition divisions bolster ruling party

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SIERRA LEONE

The APC is struggling to present a united front against the government. President Julius Maada Bio’s administration is seeking to make headway on corruption cases, mining law…

Prospects for the global economy in 2021

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PROSPECTS 2021

Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…