Tag #Economic Recovery

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abcnews.go.com

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Mar 9, 04:07

Sri Lanka Resort Addresses Gender Imbalance in Tourism

Sri Lanka's first women-run resort, Amba Yaalu, located in Dambulla, employs 75 women across various roles to combat gender inequality in the tourism sector, which contributed 2.3% to the economy in 2023, down from 5% in 2018, and aims to boost economic recovery and women's empowerment.

Sri Lanka Resort Addresses Gender Imbalance in Tourism

Sri Lanka's first women-run resort, Amba Yaalu, located in Dambulla, employs 75 women across various roles to combat gender inequality in the tourism sector, which contributed 2.3% to the economy in 2023, down from 5% in 2018, and aims to boost economic recovery and women's empowerment.

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Gender Equality

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What is the immediate impact of Sri Lanka's first women-run resort on gender equality and economic recovery?

In Sri Lanka, the Amba Yaalu resort, fully operated by 75 women, tackles gender disparity in the tourism sector, employing women in various roles, from gardening to security. This initiative aims to boost women's economic participation and the country's tourism recovery after significant economic challenges. The resort also provides training programs to enhance women's skills within the hospitality industry.

europe.chinadaily.com.cn

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Mar 6, 04:13

China Unveils City-Specific Measures to Revive Real Estate Market

China's government is implementing city-specific policies to ease home purchase restrictions, using 4.4 trillion yuan in special bonds for land and housing purchases, aiming to stabilize the real estate market and boost economic growth by increasing consumer confidence and spending.

China Unveils City-Specific Measures to Revive Real Estate Market

China's government is implementing city-specific policies to ease home purchase restrictions, using 4.4 trillion yuan in special bonds for land and housing purchases, aiming to stabilize the real estate market and boost economic growth by increasing consumer confidence and spending.

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Sustainable Cities and Communities

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How will the government's strategy address the existing housing inventory overhang and its effect on consumer confidence?

The plan connects to broader economic recovery goals by addressing the significant role of housing in Chinese household wealth. A stable property market is expected to unleash a wealth effect, stimulating consumer spending and invigorating domestic demand, thereby countering the post-COVID slowdown in income growth. This is a direct response to the sharp decline in property-related income, a major source of household wealth.

china.org.cn

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Mar 5, 10:09

China's Cruise Tourism Rebounds with Visa-Free Entry

The arrival of the Europa 2 in Tianjin and Qingdao marks a significant rebound in China's cruise tourism, driven by a May 2024 visa-free entry policy for cruise passengers, resulting in increased international tourist arrivals and significant economic growth projections.

China's Cruise Tourism Rebounds with Visa-Free Entry

The arrival of the Europa 2 in Tianjin and Qingdao marks a significant rebound in China's cruise tourism, driven by a May 2024 visa-free entry policy for cruise passengers, resulting in increased international tourist arrivals and significant economic growth projections.

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Decent Work and Economic Growth

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What is the primary impact of the visa-free entry policy on China's cruise tourism sector?

China's cruise tourism industry is experiencing a strong revival, as evidenced by the arrival of the Europa 2 in Tianjin and Qingdao, carrying hundreds of international tourists. The ease of visa-free entry for cruise passengers is a key factor driving this resurgence, significantly impacting inbound tourism.

china.org.cn

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Mar 2, 04:08

China's PMI Shows Manufacturing Rebound, but Consumer Sector Lags

China's February 2025 PMI data shows a manufacturing sector rebound to 50.2, exceeding the 50 expansion threshold, driven by post-Spring Festival production resumption and policy support; however, consumer-related sectors experienced a decline.

China's PMI Shows Manufacturing Rebound, but Consumer Sector Lags

China's February 2025 PMI data shows a manufacturing sector rebound to 50.2, exceeding the 50 expansion threshold, driven by post-Spring Festival production resumption and policy support; however, consumer-related sectors experienced a decline.

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Decent Work and Economic Growth

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How do the differing performances of various sectors within the PMI data reflect the complexities of China's economic recovery?

The February PMI data indicates a strengthening economic recovery in China, with both manufacturing and non-manufacturing sectors showing expansion. While sectors like air transport and financial services experienced robust growth, consumer-related sectors saw a decline likely due to pre-holiday purchasing and waning post-holiday effects. This mixed performance highlights the uneven nature of the recovery.

forbes.com

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Mar 1, 01:09

S&P 500's 112% Rise Since COVID-19 Pandemic: Detachment from Economy

Between late February 2020 and late February 2025, the S&P 500 saw a 112% cumulative increase despite the COVID-19 pandemic and subsequent economic downturn, highlighting the disconnect between short-term economic realities and long-term market trends.

S&P 500's 112% Rise Since COVID-19 Pandemic: Detachment from Economy

Between late February 2020 and late February 2025, the S&P 500 saw a 112% cumulative increase despite the COVID-19 pandemic and subsequent economic downturn, highlighting the disconnect between short-term economic realities and long-term market trends.

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Good Health and Well-being

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How did the government's response to the COVID-19 pandemic and the Federal Reserve's actions influence the stock market's performance during this period?

The significant market rally following the initial COVID-19 crash in March 2020 highlights the forward-looking nature of stock markets. Investor expectations, shaped by government responses like stimulus packages and the Fed's actions, drove the market's recovery, exceeding the impact of negative economic data.

lemonde.fr

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Feb 28, 01:08

French Real Estate Market Shows Signs of Recovery

The French real estate market, paralyzed since autumn 2022, shows a slight recovery in late 2024 with 792,000 annual transactions, up from 780,000 in September; this follows a decrease from a peak of 1.2 million in September 2021, driven by easier access to bank loans due to lower interest rates.

French Real Estate Market Shows Signs of Recovery

The French real estate market, paralyzed since autumn 2022, shows a slight recovery in late 2024 with 792,000 annual transactions, up from 780,000 in September; this follows a decrease from a peak of 1.2 million in September 2021, driven by easier access to bank loans due to lower interest rates.

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Reduced Inequality

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How has the change in European Central Bank monetary policy affected the French housing market?

This modest rebound in French real estate transactions is linked to improved household solvency and easier access to bank loans. The easing of the European Central Bank's monetary policy has led to lower mortgage rates (3.2% in January 2025, down from 4.2% in December 2023), making mortgages more accessible. This has reduced banks' reluctance to grant loans and increased the availability of bridge loans.

tr.euronews.com

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Mar 8, 16:08

Ukrainian Women Lead Europe in Entrepreneurial Aspirations, Despite Wartime Challenges

A Mastercard study reveals that Ukrainian women demonstrate the strongest desire to start businesses compared to their European counterparts, with 66% planning to do so, driven by resilience amid the war; however, funding, experience, and confidence remain key obstacles, while digital technologies p...

Ukrainian Women Lead Europe in Entrepreneurial Aspirations, Despite Wartime Challenges

A Mastercard study reveals that Ukrainian women demonstrate the strongest desire to start businesses compared to their European counterparts, with 66% planning to do so, driven by resilience amid the war; however, funding, experience, and confidence remain key obstacles, while digital technologies p...

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Gender Equality

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What are the main obstacles faced by women in starting and growing their businesses in Europe, according to the study?

This high entrepreneurial spirit among Ukrainian women reflects their resilience and determination in the face of adversity. The study highlights a critical role for women entrepreneurs in economic recovery and building a more inclusive economy, aligning with Mastercard's commitment to positive change. Funding constraints are cited as the primary obstacle to starting a business for both Ukrainian men (65%) and women (76%).

usa.chinadaily.com.cn

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Mar 5, 07:15

China's Visa-Free Policy Fuels Surge in Japan-China Tourism

Following China's November 30th visa-free policy for Japanese citizens, allowing 30-day stays, Japanese travel agencies report a significant surge in bookings to China, reaching 20% of 2019 levels in Q1 2024—a 15-fold increase year-on-year—while Japan also introduced relaxed visa measures for Chines...

China's Visa-Free Policy Fuels Surge in Japan-China Tourism

Following China's November 30th visa-free policy for Japanese citizens, allowing 30-day stays, Japanese travel agencies report a significant surge in bookings to China, reaching 20% of 2019 levels in Q1 2024—a 15-fold increase year-on-year—while Japan also introduced relaxed visa measures for Chines...

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No Poverty

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How are both Japan and China facilitating increased tourism beyond visa exemptions?

The renewed focus on tourism between Japan and China aims to revitalize bilateral relations, as emphasized by tourism professionals at a Tokyo event. This is supported by reciprocal visa relaxations: China's visa-free policy for Japanese citizens and Japan's extended visa duration and new multiple-entry tourist visas for Chinese citizens. A 10-point consensus from a recent high-level meeting further underscores the commitment to tourism cooperation.

zeit.de

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Mar 3, 19:10

Dresden Tourism Rebounds to Near Pre-Pandemic Levels in 2024

Dresden's tourism sector rebounded in 2024, reaching near pre-pandemic levels with 5.7 million overnight stays and 2.6 million arrivals, boosted by events like Caspar David Friedrich's anniversary and major concerts, while 84% of visitors are domestic, with most international visitors from Poland.

Dresden Tourism Rebounds to Near Pre-Pandemic Levels in 2024

Dresden's tourism sector rebounded in 2024, reaching near pre-pandemic levels with 5.7 million overnight stays and 2.6 million arrivals, boosted by events like Caspar David Friedrich's anniversary and major concerts, while 84% of visitors are domestic, with most international visitors from Poland.

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Sustainable Cities and Communities

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What are the key factors contributing to Dresden's strong tourism recovery in 2024, and what are the immediate economic impacts?

Dresden's tourism has almost fully recovered to pre-pandemic levels, with 5.7 million overnight stays and 2.6 million arrivals in 2024, nearing the record year of 2019. This growth is attributed to events like Caspar David Friedrich's 250th birthday and large concerts, as well as an increase in business travel.",

german.china.org.cn

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Mar 2, 13:09

China's PMI Shows Strong Economic Recovery in February

China's February PMI data reveals a strong economic recovery, with manufacturing and non-manufacturing PMIs at 50.2 and 50.4 respectively, driven by post-Lunar New Year production resumption and a combination of supply- and demand-side factors; however, consumer spending sectors showed a decline.

China's PMI Shows Strong Economic Recovery in February

China's February PMI data reveals a strong economic recovery, with manufacturing and non-manufacturing PMIs at 50.2 and 50.4 respectively, driven by post-Lunar New Year production resumption and a combination of supply- and demand-side factors; however, consumer spending sectors showed a decline.

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Decent Work and Economic Growth

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What were the key findings of China's February PMI data, and what is their immediate significance for the global economy?

China's economic recovery accelerated in February, with both manufacturing and services sectors expanding, as indicated by official Purchasing Managers' Index (PMI) data. The manufacturing PMI reached 50.2, exceeding the 50 mark signifying expansion, while the non-manufacturing PMI stood at 50.4. Several sub-indices hit record highs, suggesting a robust recovery.

zeit.de

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Feb 28, 13:11

German Wages Outpace Inflation in 2024

German collective bargaining wages increased by 4.8 percent in 2024, exceeding the 2.2 percent rise in consumer prices due to inflation compensation bonuses and higher collective bargaining agreements; however, growth varied across sectors.

German Wages Outpace Inflation in 2024

German collective bargaining wages increased by 4.8 percent in 2024, exceeding the 2.2 percent rise in consumer prices due to inflation compensation bonuses and higher collective bargaining agreements; however, growth varied across sectors.

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Reduced Inequality

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How did the wage increases vary across different economic sectors in Germany in 2024?

The significant wage increase is primarily attributed to inflation compensation bonuses of up to €3,000, paid tax-free, and higher collective bargaining agreements. Lower earners benefited most proportionally from these bonuses, which were typically paid as a fixed amount.

forbes.com

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Feb 27, 13:14

Rolls-Royce Soars with Robust 2024 Results, Announces Dividend Resumption

Rolls-Royce announced robust 2024 trading numbers, including a 14.7% revenue increase to £18.9 billion and a 49.5% surge in operating profit to £2.9 million, leading to a resumed dividend of 6p per share and a £1 billion share buyback; the transformation under CEO Tufan Erginbilgic since January 202...

Rolls-Royce Soars with Robust 2024 Results, Announces Dividend Resumption

Rolls-Royce announced robust 2024 trading numbers, including a 14.7% revenue increase to £18.9 billion and a 49.5% surge in operating profit to £2.9 million, leading to a resumed dividend of 6p per share and a £1 billion share buyback; the transformation under CEO Tufan Erginbilgic since January 202...

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Decent Work and Economic Growth

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What were the key financial highlights of Rolls-Royce's 2024 performance, and what are the immediate implications for investors?

Rolls-Royce's 2024 trading numbers showed a significant increase in revenue (up 14.7% to £18.9 billion) and operating profit (up 49.5% to £2.9 million), leading to a resumption of dividend payments and a share buyback program. The company's strong performance is attributed to a post-pandemic recovery in air travel and successful internal restructuring.

Showing 73 to 84 of 163 results