The Covid-19 pandemic is about to value world tourism as much as $ three.three trillion if the sector, which is important for a lot of nations’ economies, stays halted for one yr attributable to coronavirus restrictions, a current UN examine concludes. ...
Because the coronavirus pandemic paralyzed international journey, vacationer flows have almost halved within the first 4 months this 12 months, the UN World Tourism Group (UNWTO) has revealed. ...
A brand new survey by the Worldwide Commerce Centre (ITC) has discovered that worldwide commerce dropped throughout all 4 quarters of 2019, with declines intensifying in early 2020 in a “ripple impact that began in China.” ...
The Covid-19 outbreak is ready to drive international commerce down by 18.5 p.c within the second quarter of 2020, the World Commerce Group (WTO) has forecast. Regardless of being the steepest fall ever, it's above the WTO’s worst predictions. ...
The worth of gold jumped to its highest in additional than a month on Monday as a surge in coronavirus instances and issues over international financial restoration pushed buyers to the safe-haven steel, away from riskier belongings. ...
5G to supply high-speed cellular phone connectivity to 65% of world inhabitants by 2025 – Ericsson
Posted On Saturday, June 20, 2020 By Russian Opinion. Under Economy Tags: 2025, cell, connectivity, Ericsson, Global, highspeed, phone, Population, provide
A complete of 190 million 5G subscriptions globally are anticipated by the tip of this yr, in keeping with the newest Ericsson Mobility Report. The determine will surge to 2.eight billion in simply the following 5 years, it has projected. ...
A 3rd of world power firms will shed jobs as a consequence of Covid-19, warns World Vitality Council
The coronavirus disaster will develop into a “stress check for the worldwide power system,” leading to main modifications for the power business, mentioned Secretary Normal of the World Vitality Council Angela Wilkinson. ...
International international direct funding to plummet 40% this yr, UN warns
Posted On Tuesday, June 16, 2020 By Russian Opinion. Under Economy Tags: direct, foreign, Global, investment, plummet, this, Warns, year
A brand new report by the United Nations Convention on Commerce and Improvement (UNCTAD) predicts that international direct funding (FDI) might decline globally because of the Covid-19 pandemic. ...
Huawei overtakes Samsung as high world smartphone maker – report
Posted On Monday, June 15, 2020 By Russian Opinion. Under Economy Tags: Global, Huawei, maker, overtakes, Report:, Samsung, smartphone
Regardless of US efforts to stress Huawei, the Chinese language tech big has reportedly clinched the title of the world’s largest smartphone producer in April, surpassing long-time chief Samsung. ...
Inventory markets in Europe opened decrease on Monday after their Asian friends sank amid new coronavirus issues. The destructive sentiment comes after Wall Avenue suffered its worst weekly efficiency in practically three months. ...
