As we all know, the entertainment and hospitality industry suffered the biggest blow with the coronavirus pandemic. A recent UNCTAD Report (presented in conjunction with UNWTO) has put the figure of financial loss with the international tourism sector at adding over $4trillion to the worldwide GDP for 2020 and 2021. It’s not just tourism but… Continue Reading
When the pandemic began in 2020, restaurants were in the industry most hardest hit from beginning to end. Some of them shuttered immediately, others tried to weather the storm but then there was a third category that managed to make lemonade out of lemons. They were the ones who were able to turn their entire… Continue Reading
With the coronavirus pandemic seemingly firmly entrenched in our lives, at least in some way, we are learning how to live with this new reality. Ups and downs are and will continue to occur for at least the next few months, so what does this mean for economic growth? Given that some industries were forced… Continue Reading
For years we have been witnessing a shift to Asia vis-à-vis the economy. Now – following the coronavirus pandemic – the question asked about James Kynge and Martin Sandbu in this discussion is whether or not this world commerce domination will continue. Continue Reading
Inflation has spiraled everywhere. According to Andrei Belousov, Russia’s First Deputy Prime Minister, there are various reasons for this: a dwindling monetary policy and reduced cross-border capital flows. He said: “The inflation wave has affected the world’s economy quite unexpectedly. We know inflation in the US is unprecedentedly high, over 4%. An inflation wave starts… Continue Reading
The Industrial PC market (computers manufactured for use in industries which are more reliable and efficient than commercial use ones) is booming. And it will continue to grow substantially at least for the foreseeable future. In 2019 it was estimated at a value of $5.006bn. The projected CAGR growth rate by 2026 is to $7.756… Continue Reading
North America’s Wheat Flour Market: C.H. Guenther & Son C.H. Guenther & Son – a company that was established in 1851 in Texas, today has over 3,500 staff spanning 24 locations throughout America, Canada and Western Europe. It was originally started with Carl Hilmar Guenther building a flour mill near Fredericksburg, TX but eight years… Continue Reading
There are many different opinions and predictions vis-à-vis the pandemic-based economic recovery. Here, we take a look at a few of them: Ed Yardeni of Yardeni Research said: “The V-shaped recovery in real GDP will remain V-shaped during the first half of this year and probably through the end of the year. However, it will… Continue Reading
In this video Kelly Evans discusses America’s job outlook. Continue Reading
Financiers anticipate that the financial services market around the world will see a substantial increase this year from an approximated $20,490.46 billion from 2020 to $22,515.17 billion this year. In 2025 the anticipated CAGR rate of growth is 6 percent with a market expectation of $28,529.29 billion The rationale behind this growth can be seen… Continue Reading