Tag: global economic crisis

• Tuesday, December 29th 2020 - 09:38 UTC

  Collapse of tourism industry because of Covid-19, has caused US$ 2 trillion loss to the global GDP

  

  International arrivals fell by 72% over the first ten months of 2020, with restrictions on travel, low consumer confidence and a global struggle to contain the COVID-19 virus, all contributing to the worst year on record in the history of tourism.

• Thursday, January 26th 2012 - 05:11 UTC

  Global crisis reaches Argentina’s shores “but we are going to have a good year”

  

  Argentina’s Economy Minister Hernán Lorenzino admitted on Thursday that the global economic crisis has had an impact on the country but nevertheless “we are going to have a good year”.