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The tourist barometer in Europe this year recorded a weaker increase at the peak of the season

first_img“As world leaders meet at the UN climate summit in Madrid to find concrete solutions to climate emergencies, the release of the latest ‘World Tourism Barometer’ shows the growing strength of tourism – a sector that has the potential to boost a global sustainability plan. As the number of tourists increases, so can the opportunities for tourism as well as the responsibilities of our sector towards people and the planet”, Said Zurab Pololikashvili, UNWTO Secretary-General. Destinations worldwide recorded 1,1 billion international tourist arrivals in the first nine months of 2019 (43 million more than the same period in 2018), which is in line with the forecast growth of 3 to 4 percent this year. Original markets France (+ 10%) recorded the largest increase among the world’s ten most successful export markets, reflecting increased demand for international travel for the second year in a row. Spain (+ 10%), Italy (+ 9%) and the Netherlands (+ 7%) also recorded strong growth, followed by the United Kingdom (+ 3%) and Russia (+ 2%). The ten most successful markets recorded mixed results in earnings from international tourism until September 2019. The highest growth was recorded in Australia (+ 9%), Japan (+ 8%) and Italy (+ 7%), while China, the United Kingdom and the United States recorded a decline. Mediterranean destinations were among the strongest investors in terms of earnings, both in Europe and in the Middle East and North Africa regions. Source / photo: World Tourism Organization The Middle East (+ 9%) recorded the largest increase in arrivals during the first nine months of 2019, followed by Asia and the Pacific and Africa (both + 5%), Europe (+ 3%) and the Americas (+ 2%). China, the world’s largest source market, recorded an 2019 percent increase in outbound travel in the first half of 14, although spending declined 4 percent from the same period last year. Regional resultscenter_img The slowdown in the global economy, rising trade, geopolitical tensions and long-standing uncertainty over Brexit have had an impact on international tourism, which had a more moderate growth rate in the northern hemisphere during the summer season (July-September). Europe’s growth rate slowed to 3 percent in January and September this year, twice as much as last year, reflecting weaker demand during the peak summer season in the world’s most visited region. While destinations in the southern Mediterranean (+ 5%) and central eastern Europe (+ 4%) were the most successful, the regional average was reduced by northern and western Europe (both + 1%). International tourist arrivals increased by an additional 4 percent in the period from January to September 2019, according to the latest edition of the “World Tourism Barometer” of the World Tourism Organization (UNWTO). The growth of tourism continues to outpace global economic growth. Its potential for providing development opportunities around the world is enormous, but there are also challenges in sustainability. The United States led an increase in international tourism spending, mostly due to a strong dollar. India and certain European markets have also been successful, although global growth has been more uneven than last year. This figure underscores the importance of integrating tourism into national export policies in order to increase revenues, reduce the trade deficit and ensure sustainable development in the long run. Tourism is the third largest export category in the world Earning $ 1,7 trillion in revenue since 2018, international tourism remains the third largest category of exports behind fuels ($ 2,4 trillion) and chemicals ($ 2,2 trillion). It accounts for 29 percent of world exports of services and 7 percent of total exports. In some regions, these proportions exceed the world average, especially in the Middle East and Africa, where tourism accounts for over 50 percent of service exports and about 9 percent of total exports.last_img read more

Republican-led Congress is on a ruinous course

first_imgThese decreases will leave millions without affordable health care and make millions of disabled and low-income Americans even more vulnerable.The budget also projects stunning reductions in what is called non-defense discretionary spending, essentially everything the government does outside of the military, entitlements and interest payments on the national debt.These include programs that contribute to our safety — such as law enforcement, the Coast Guard, the FBI and the Drug Enforcement Administration — as well as services vital to our health — such as environmental protection, water and sewage systems.It also includes public investment vital to our economy and our future — in science and technology, medical research, modern infrastructure, education, advanced training and more. These programs are already projected for deep cuts under the 2011 Budget Control Act, but the Senate bill decimates them.By 2019, it cuts this spending by 10 percent from 2017 levels, and by nearly 20 percent by 2027.As a share of the economy, spending on domestic services will be cut to levels not seen since Herbert Hoover. The resolution is designed to facilitate passage of tax cuts with Republican votes only.The final tax cut package hasn’t been written yet, but Republicans leaders have produced a “framework.”This bill will worsen the extreme inequality that already corrupts our democracy and impedes economic growth.The top 1 percent will pocket more than half of the tax cuts next year and an obscene 80 percent by year 10.This bill will also reward multinationals for booking profits as earned abroad to avoid taxes.The legislation offers a retroactive tax cut for the $2.6 trillion that has evaded taxation and would expand that tax dodge by eliminating taxes altogether on profits that they report as earned abroad.At a time when hedge-fund operators pay a lower tax rate than schoolteachers, this bill would increase the outrage, with a massive tax break for real estate barons, hedge-fund managers and lawyers by taxing “pass-through” income at a reduced rate.  Instead of closing loopholes, the bill adds to them.The spending side has received less attention but may be even worse.The Senate bill proposes $5.8 trillion in spending cuts over 10 years, according to an analysis by the Center on Budget and Policy Priorities.At a time when baby boomers are retiring, it calls for cuts of $473 billion in Medicare, $1 trillion in Medicaid and another $300 billion in Obamacare subsidies to medium- and low-income workers.It cuts more than $650 billion in income security programs for low-income workers.These cuts include primarily food stamps, the earned-income tax credit and child tax credit, and Supplemental Security Income (SSI) for disabled seniors and others in need.Another $200 billion is cut from Pell grants and student loans that help working families afford college. Categories: Editorial, OpinionPresident Donald Trump’s flailings are ever more terrifying.In the course of a few days, he tossed a grenade into the health-care markets that millions rely on, traduced the Iran nuclear deal, threatened to abandon American citizens ravaged by Hurricane Maria in Puerto Rico, continued to sabotage action on climate change, tweeted about censoring the media, and so undermined Secretary of State Rex Tillerson that Sen. Bob Corker, R-Tenn., likened it to “castration.”Yet for all of that, Trump’s grotesqueries are exceeded by a Republican-led Congress intent on a course so ruinous as to be, one hopes, impossible to sustain. This week, Senate Republicans will seek to push through a budget resolution for the current fiscal year.The resolution provides guidelines for spending and tax cuts, with projections for the next 10 years.It has the support of virtually all of the Republican caucus. Its provisions are destructive and absurd. center_img In a society dealing with a growing population, rising global competition and pressing new challenges such as catastrophic climate change, the Republican-led Senate cashes in our future for top-end tax cuts.We will lag rather than lead the industrial world in education and training.We will squander our edge in innovation. We will suffer the rising perils and the costs of a decrepit and outmoded infrastructure.We witness all this already today, but the Senate budget course will accelerate the trends and make them worse. This folly is, one hopes, too extreme to be sustained.Yet this week, all of the Republican senators — with perhaps one or two dissenters — will line up to vote for a budget that is truly a road to ruin.Why? Partly, of course, they will reward the wealthy and special interests that pay for their party.Part comes from fear of even more right-wing challengers if they don’t toe the line.Part may be purblind ideological conviction, although it is hard to imagine that any truly believe these measures would make things better.Part may be desperation — Republicans believe they have to get something done, even if it does more harm than good to most Americans in the long run.If Trump’s increasingly manic careening terrifies, the remorseless suicide mission of the Republican caucus in Congress should horrify. Katrina Vanden Heuvel is editor and publisher of the Nation magazine.More from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Beware of voter intimidationlast_img read more

Dems using smear tactics to hide record

first_imgMore from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motoristsPuccioni’s two goals help Niskayuna boys’ soccer top Shaker, remain perfectEDITORIAL: Find a way to get family members into nursing homesNiskayuna girls’ cross country wins over Bethlehem I’ve been a Niskayuna resident for over 40 years and I’m a former Town Board member. I have never been more ashamed of our town government, especially Supervisor Joe Landry and Councilwoman Murphy McGraw.Over the past few weeks, Supervisor Landry’s retaliatory actions towards Court Clerk Barbara Pidgeon were exposed. The fact that other Town Board members sat idly by while the safety of employees was jeopardized is beyond belief. This situation has been going on for over a year, and it’s an insult that Ms. McGraw knew nothing about it.She bragged that she stepped in to help solve the problem. Really, Ms. McGraw? You, as deputy supervisor and a Democrat committeewoman, and Supervisor Landry as the county Democratic chairman, knew nothing about this? You either don’t spend a lot of time at Town Hall, don’t communicate with your fellow legislators or you aren’t telling the truth. Either way, it’s behavior not worthy of supporting you for re-election. What’s even worse, many Niskayuna residents received a political mail hit-piece from the Niskayuna Democratic Committee trying to paint the Republican town candidates as anti-Muslim and anti-Semite and climate-change deniers by connecting them to national right-wing figures. Mr. Landry, Ms. McGraw and Councilman John Della Ratta are all Niskayuna Democratic Committee people. Will Ms. McGraw again claim she knew nothing about this despicable political trash flyer, as she did about the court safety issue?By one simple phone call, I found out that Republican supervisor candidate Yasmine Syed is a Christian who is of Jewish, Pakistani and Muslim descent. Of her running mates, Tom McGarry is Irish-American whose mother was a glass ceiling-shattering doctor in the 1950s and Anthony Simone is an Italian-American, retired from Golub Corp., and is a local businessman.These are decent people trying to run for office. Obviously Mr. Landry, Ms. McGraw and Mr. Della Ratta have no positive record to run on. So instead, they’re running a personal smear campaign — and a bad one at that.Come on Niskayuna, get with the program and see through the smoke and mirrors the Democrats are using to pull the wool over your eyes.Patricia DonnellyNiskayunacenter_img Categories: Letters to the Editor, Opinionlast_img read more

Overage and above

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Safeland buy-in fuels privatisation rumours

To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters

Serviced distribution space gets £1bn US lift

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Arresting development

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Running on empty

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‘A friend in need is a friend indeed’: China thanks international community for support, understanding

first_imgThe countries are the Republic of Korea, Japan, Thailand, Malaysia, Indonesia, Kazakhstan, Pakistan, Germany, the United Kingdom, France, Italy, Hungary, Belarus, Turkey, Iran, the United Arab Emirates, Algeria, Egypt, Australia, New Zealand and Trinidad and Tobago.Read also: China sees more patients recover from novel coronavirus infection“The donations speak volumes of their deep compassion. A friend in need is a friend indeed. I’d like to thank them all,” Hua added.She went on to say that China would continue to share information and strengthen cooperation with other countries in an open, transparent and highly responsible manner to safeguard the life and health of the Chinese people and contribute to regional and global public health security.The new coronavirus that appeared late December has claimed 563 lives, infected more than 28,000 people in mainland China and spread to more than 20 countries.Topics : China has responded to the international community’s assistance amid the novel coronavirus outbreak, by saying that while China has “mostly relied on its own strength”, the help it has received enhances its international friendship.“In the face of the epidemic, China mainly relies on its own strength to tackle the challenge. At the same time, we welcome and thank the sincere and friendly understanding, support and help from the international community,” China’s Foreign Ministry Spokesperson Hua Chunying said in a daily briefing on the ministry’s website.She added that the governments of 21 countries and the United Nations children’s agency UNICEF had donated epidemic prevention and control supplies to China as of Wednesday.last_img read more

PREMIUMEra Mandiri, Agro Yasa make strong debut on local stock market

first_imgGoogle Indonesia stock-market IDX listing Era-Mandiri-Cemerlang Agro-Yasa-Lestari expansion exports capital LOG INDon’t have an account? Register here Fishery products producer PT Era Mandiri Cemerlang Tbk and asphalt, geosynthetic and soya beans meal manufacturer PT Agro Yasa Lestari Tbk made a strong debut on the Indonesian Stock Exchange (IDX) on Wednesday with share prices rising more than 70 percent.The share price of PT Era Mandiri  (IKAN) rose sharply to Rp 204 (1.5 US cents) per share, a 70 percent increase from Rp 120 during the initial public offering (IPO) just a few minutes after trading started.PT Agro Yasa (AYLS) also received a warm welcome when it debuted on the local stock exchange. Its share price also rose by 70 percent in the morning trading session to Rp 170 per share from its IPO price of Rp 100 per share.However, trading of the two companies’ shares was temporarily suspended as the increase in their prices exceeded the allowable increase limit for a single-day transaction as regulated in th… Facebook Log in with your social account Forgot Password ? Topics : Linkedinlast_img read more