Tourism

Goldman Sachs Warns Of Market Drop Due To Outbreak
Goldman Sachs Warns Of Market Drop Due To Outbreak
February 20, 2020  |  International

Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial...

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In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
February 19, 2020  |  International

Beyond the obvious health impacts of the Coronavirus outbreak itself, where hospitals are filling up and the death toll is mounting, costs of a different...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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China’s Central Bank To Start Re-Lending Funding To Fight Virus
China’s Central Bank To Start Re-Lending Funding To Fight Virus
February 10, 2020  |  International

China’s central bank will release a set of funds intended to combat the coronavirus this week, and will begin to offer the service on a...

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Coronavirus Impact Threatens SMBs, Credit Ratings In China
Coronavirus Impact Threatens SMBs, Credit Ratings In China
February 07, 2020  |  International

It gets worse, across all corners, across seemingly all industries. In terms of impact, everything pales next to the loss of life, and widespread illness,...

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US Economy Could Lose $10B To Chinese Travel Ban 
US Economy Could Lose $10B To Chinese Travel Ban 
February 05, 2020  |  Economy

China’s outbreak of the coronavirus has triggered travel bans that could end up costing the U.S. economy $10.3 billion in lost tourism dollars. A drop in...

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Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
Why The Coronavirus May Dwarf SARS’ $40B Economic Toll
January 28, 2020  |  International

Certain events stand out in stark relief for reminding us of just how interconnected the global economy is in the 21st century. Bank runs. Trade wars....

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Sizzle Fizzle: Virus May Weaken China’s Economic Growth
Sizzle Fizzle: Virus May Weaken China’s Economic Growth
January 24, 2020  |  Sizzle/Fizzle

It’s the unforeseen events that send economies into rough patches, toward slowing growth and even into decline. And while we’re not speculating that an economy that...

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Travel Meets Connected Commerce
Travel Meets Connected Commerce
January 14, 2020  |  Travel Payments

By 2021 – about a year from now – over 20 percent of all payments globally will be made with a mobile wallet. As usage...

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