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

Israel hails UAE deal but Palestinians – and settlers – dismayed

first_img“It’s an incomparably exciting moment, a historic moment for peace in the Middle East,” Netanyahu said.Palestinian President Mahmoud Abbas, whose officials seemed to be taken by surprise, issued an unusually strong condemnation of a regional Arab neighbor and instructed the Palestinian ambassador to the UAE to return immediately.“The Palestinian leadership rejects and denounces the UAE, Israeli and US trilateral, surprising, announcement,” said Abbas’s spokesman Nabil Abu Rudeineh in Ramallah in the occupied West Bank.Reading a statement on Palestinian television, Abu Rudeineh said the leadership regarded the UAE’s move as “a betrayal”. Israel talked of “history” and Palestinians of “betrayal” after Thursday’s surprise announcement of a deal to normalize relations between the Jewish state and the United Arab Emirates.In a nationwide televised address, Israeli Prime Minister Benjamin Netanyahu said the deal would lead to “full and formal peace” with the Gulf Arab state and voiced hope that other countries in the region would follow the UAE’s example.Netanyahu said it also entailed acceding to a request from US President Donald Trump to “temporarily wait” on implementing the Israeli leader’s pledge to annex parts of the occupied West Bank. The statement urged the Arab League and the Organization of Islamic Cooperation to assemble to “reject” the deal, adding “neither the UAE nor any other party has the right to speak in the name of the Palestinian people.”The deal provides a diplomatic achievement for Netanyahu after weeks of domestic criticism over his handling of the coronavirus pandemic and the economy, but also angered right-wing Israeli settlers who want to annex the West Bank.Netanyahu said that while he had promised to apply Israeli sovereignty to areas, including Jewish settlements, in the territory, which Palestinians seek for a future state, he had made clear he first needed a green light from Washington.”He deceived us. He has deceived half a million residents of the area and hundreds of thousands of voters,” said David Elhayani, head of the Yesha Council of settlers.Pro-Israel stanceAbbas, who heads the Palestinian Authority and the umbrella Palestine Liberation Organization, has refused all political dealings with the Trump administration for more than two years, accusing it of taking a consistently pro-Israel stance.Hanan Ashrawi, a veteran Palestinian negotiator, told Reuters: “We were blindsided. Their secret dealings are now completely out in the open. It is a complete sell-out.”Much use was made of the word “normalization” – a term that has very different connotations on either side.For Israel and the White House it signified a welcome rapprochement with a key Gulf player in a region from which Israel has long been isolated, aside from two peace treaties with its immediate neighbors Egypt and Jordan.But for many Palestinians and Arabs in other countries, the word has overwhelmingly negative connotations.In Gaza, Fawzi Barhoum, a spokesman for Hamas, told Reuters: “Normalization is a stab in the back of the Palestinian cause, and it serves only the Israeli occupation.”In a rare show of unity, Hamas leader Ismail Haniyeh spoke to Abbas by phone to convey his “absolute rejection” of the deal, Hamas officials said.There was no official reaction or media coverage in Saudi Arabia, but some Saudis tweeted under hashtags “normalization is treason”, “UAE” and “Israel.”Mohammed Ali al-Houthi, the head of Yemen’s Iran-aligned Houthi group’s Supreme Revolutionary Committee, said the deal was a betrayal of the Palestinian cause and of pan-Arabism.Topics :last_img read more

Marathonbet secures Dynamo Moscow shirt branding sponsorship

first_img Duma approves overhaul of Russian sports betting laws  July 23, 2020 StumbleUpon Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off July 31, 2020 Submit Share Share Boosting its profile and coverage within the Russian betting market, Panserve Limited European online bookmaker Marathonbet has announced that it has signed an official shirt sponsorship with FC Dynamo Moscow.Marathonbet marketing has announced that it has secured a three-year ‘shirt branding’ deal, which will see the bookmaker’s brand displayed on the back of Dynamo Moscow’s Russian Premier League matches, with the new 2017/18 season beginning on 18 July.The bookmaker was pleased to have secured a shirt sponsorship with one of Russia’s most successful and popular football teams.  Confirming the partnership Marathonbet Russian market representative Ekaterina Zemkova, detailed that the bookmaker had added a further European football giant to its growing football sponsorship portfolio.“Dynamo Moscow is a club with a great history – it is the first Soviet champion, the first Soviet Cup winner. It is a brand recognised all over the world. I am confident that together we will achieve excellent results. We have been partnering with sports clubs for a long time, with a portfolio now including Manchester United, Malaga and Hibernian. We are pleased to have such a prominent club as Dynamo joining these names. We are thankful for the perfectly organised negotiations process.”Yevgeniy Muravyov, General Director of Dynamo Moscow FC welcomed Marathonbet as a partner, stating that the football club had partnered with a trusted name within the online betting sector.Muravyov further detailed that Marathonbet would form an integral part to season 2017/18 marketing for Dynamo Moscow. SBC Awards: The key to an effective submission August 28, 2020 Related Articleslast_img read more