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Middle East and North Africa will lead tourist rebound

Location:

MIDDLE EAST/NORTH AFRICA

The Middle East has been a key market in the post-pandemic rebound in global tourism, boosted by one-off events in the Gulf Cooperation Council (GCC) in 2022. GCC states are…

Tourism-reliant economies’ business models will evolve

Location:

INTERNATIONAL

Highly tourist-dependent states in the Global South have suffered dramatic falls in GDP as a result. However, the impact has varied and it is notable that relatively high levels…

COVID-19 shocks point to recession in Latin America

Location:

LATIN AMERICA

The economic impact of COVID-19.

Coronavirus puts Egypt tourism and remittances at risk

Location:

EGYPT

Coronavirus economic impact.

Creditors will seek geopolitical gains in debt talks

Location:

INTERNATIONAL

Whereas developed economies and China have benefited from USD9tn in fiscal stimulus and USD5tn in liquidity, EMs have less scope because they cannot issue local-currency debt…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

Emerging Asia activity will slow despite China rebound

Location:

INTERNATIONAL

ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.

Moroccan tourism may be last sector to recover

Location:

MOROCCO

Most sectors of the Moroccan economy performed well in 2021, but tourism was a glaring exception.

Portugal’s stable economic performance should continue

Location:

PORTUGAL

Portugal's economic outlook.

China's woes will hit South-east Asia's economies

Location:

SOUTH-EAST ASIA

China's currency depreciation and the effect on South-east Asian economies.