International tourist arrivals could be reduced by 20 to 30% in 2020

first_imgThe World Tourism Organization (UNWTO) has published its latest estimates of the likely impact of the coronavirus on international tourism. Given the unprecedented introduction of travel restrictions around the world, the United Nations Specialized Tourism Agencyexpects international tourist arrivals to decrease by 2020 to 20% in 30 compared to 2019 data. “Tourism is one of the hardest hit of all economic sectors”, stressed UNWTO Secretary-General Zurab Pololikashvili, adding that tourism has joined forces to find a solution by working together to mitigate the impact of the crisis, especially on employment, and to support broader recovery efforts by providing jobs and economic prosperity around the world. The expected decline between 20 and 30% could translate into a drop in international revenues from tourism (exports) of 300-450 billion US dollars, which is almost one third of the 1,5 trillion US dollars that were realized in 2019. Taking into account past market trends, this would mean that COVID-19 will lose the growth achieved between five and seven years. Putting this in context, the UNWTO notes that in 2009, on the back of the global economic crisis, international tourist arrivals declined by 4%, while the SARS epidemic led to a decline of only 0,4% in 2003. Source: UNWTOPhoto: Pixabay It is clear that millions of jobs in the sector are at risk, and according to UNWTO estimates, about 80% of all tourism businesses are small and medium-sized enterprises. In addition to this new assessment, the UNWTO emphasizes historical resilience and the ability to create jobs in post-crisis situations, while emphasizing the importance of international cooperation and ensuring that the sector becomes a central part of recovery efforts. However, the UNWTO emphasizes that these numbers are based on the latest developments facing the global community. These are unprecedented social and economic challenges that need to be interpreted with caution given the extremely uncertain nature of the current crisis.last_img read more

Breaking: Inter complete Victor Moses signing

first_imgInter Milan have completed the signing of Victor Moses from Chelsea. Promoted Content7 Black Hole Facts That Will Change Your View Of The UniverseWho Earns More Than Ronaldo?Top 10 Most Romantic Nations In The World6 Interesting Ways To Make Money With A DroneMost Appreciated First Ladies In The History Of America5 Of The World’s Most Unique Theme ParksContemplate Life At These 10 Stargazing LocationsBest & Worst Celebrity Endorsed Games Ever Made11 Most Immersive Game To Play On Your Table TopThe Very Last Bitcoin Will Be Mined Around 2140. Read MorePlaying Games For Hours Can Do This To Your Body10 Risky Jobs Some Women Do Loading… FacebookTwitterWhatsAppEmail分享 center_img However, Moses was restricted to a bit-part role under Conte’s successor Maurizio Sarri and later joined Fenerbahce on an 18-month loan deal in January 2019. Read Also:Inter Milan reveal what is delaying Victor Moses’ announcement-report He made 23 appearances in total for the Turkish giants and now bolsters an Inter squad that are attempting to end Juventus’ reign of dominance in Italy, but have now slipped four points behind the reigning champions. The versatile 29-year-old heads to Serie A on an initial loan deal until the end of the season that includes the option for a permanent transfer in the summer. Moses reunites with ex-Chelsea boss Antonio Conte, who previously resurrected the former Nigerian international’s Blues career following loan spells at Liverpool, Stoke and West Ham, converting him into a right wing-back as he played a key role during the 2016/17 Premier League title-winning campaign.Advertisementlast_img read more

South Africa’s ANC chief facing corruption trial

first_imgHulley didn’t provide details on the charges, but Zuma has been under investigation in a bribery scandal involving French arms company Thint. Mbeki fired Zuma as the country’s deputy president in 2005 after Zuma’s financial adviser was convicted of trying to elicit bribes from the company. Prosecutors contend Zuma was aware of efforts to secure the bribes on his behalf in exchange for using his influence to halt an investigation into a multibillion-dollar arms deal between Thint and the government. Charges against Zuma were thrown out last year on a technicality. But last week, the country’s top prosecutor said he had enough evidence to go back to court. Zuma responded defiantly, saying “take me to court.” Prosecutors pursuing the case against Zuma have won a number of legal victories this year. South Africa’s court of appeal ruled that a police seizure of incriminating documents from Zuma’s home and office was legal.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECoach Doc Rivers a “fan” from way back of Jazz’s Jordan Clarkson But the prospect of a trial against Zuma raised doubts about whether the party would back his candidacy for the next election in 2009, when Mbeki is constitutionally required to step down. A popular former guerrilla fighter, Zuma was handing out presents Friday to children at an annual Christmas party in his rural home village in KwaZulu-Natal. He would not answer questions from reporters about the charges. Zuma, who was acquitted of rape last year, has denied any corruption and has said prosecutors are trying to smear him for political reasons. In e-mail to The Associated Press, Hulley accused prosecutors of acting “with improper motive calculated to discredit Mr. Zuma and ensure that he claims no leadership role in the political future of our country.” He questioned the timing of the prosecution’s decision right after the ANC elections. National Prosecuting Authority spokesman Tlali Tlali declined to comment Friday. center_img JOHANNESBURG, South Africa – The newly elected leader of South Africa’s ruling party was ordered to stand trial on corruption and other charges next year, possibly derailing his attempts to become president. Jacob Zuma will be tried in the high court in August on charges of racketeering, money laundering, corruption and fraud, his lawyer Michael Hulley said Friday. Zuma, 65, defeated President Thabo Mbeki last week in a bitterly contested election for the leadership of African National Congress. The battle left deep rifts in the 85-year-old ANC that Nelson Mandela led to victory over the racist apartheid state. The ANC leader is traditionally the party’s presidential candidate, and its overwhelming backing has ensured election victories first for Mandela in 1994, then Mbeki in 1999 and 2004. last_img read more