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Air travel will rebound by 2023 amid structural shifts

Location:

INTERNATIONAL

While consumers are regaining confidence, demand for international air travel is stagnant as most countries have border control measures in place. The relaunch of commercial…

Virus will have wide effects on US industry

Location:

UNITED STATES

Trump on March 16 ordered social distancing and many businesses’ closure for 15 days, to slow COVID-19’s spread and avoid overwhelming hospitals. Transport, tourism, leisure…

Australian push on India ties likely, but with hurdles

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AUSTRALIA

Australian policy thinking on India.

Cuba will struggle to keep inflation at bay

Location:

CUBA

So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…

Emirati economic cohesion could gradually increase

Location:

UNITED ARAB EMIRATES

On November 7-8, senior Emirati officials gathered in Abu Dhabi for an annual meeting focusing on diversifying the economy, chiefly away from reliance on Abu Dhabi's oil, an…

Greece will seek to profit from pent-up tourist demand

Location:

GREECE

Despite a stronger-than-expected performance by the Greek hospitality sector during the summer months, 2021 will be a challenging year. The government hopes that it will return…

Vietnam will likely miss 2023 GDP growth target

Location:

VIETNAM

GDP growth slowed to 3.3% year-on-year in the first quarter. The slowdown was mainly due to the decline in exports, with Vietnam’s top export markets -- the United States, the EU…

Economic goals of Dubai and Abu Dhabi will diverge

Location:

UNITED ARAB EMIRATES

Despite its promotion of an innovation ecosystem to attract start-ups, Abu Dhabi has overall made little progress in addressing the impact of the clean-energy transition on…

Jordan’s tourism hopes depend on visitor management

Location:

JORDAN

Although the large hike reflects pandemic recovery, the 940,000 tourists arriving in the first two months also significantly exceed those recorded in the last ‘normal’ year of…

Prospects for the global economy in 2021

Location:

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…