Global Tourism Recovers to Pre-Pandemic Levels in 2024
In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.
Global Tourism Recovers to Pre-Pandemic Levels in 2024
In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.
Progress
32% Bias Score
Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle
Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.
Wall Street Activist Challenges Veteran Stock Picker in London Investment Trust Power Struggle
Boaz Weinstein's Saba Capital is attempting to seize control of seven London-listed investment trusts, including Herald Investment Trust, led by Katie Potts, in a vote today that could reshape the industry.
Progress
52% Bias Score
Trump Threatens Tariffs on China and EU
President Trump announced 10% tariffs on Chinese goods starting February 1st and threatened similar measures against the EU, citing unfair trade practices and the flow of fentanyl from China into the US, following similar actions against Mexico and Canada.
Trump Threatens Tariffs on China and EU
President Trump announced 10% tariffs on Chinese goods starting February 1st and threatened similar measures against the EU, citing unfair trade practices and the flow of fentanyl from China into the US, following similar actions against Mexico and Canada.
Progress
60% Bias Score
RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...
RCEP: Lowering Trade Costs Amidst Geopolitical Uncertainty
The Regional Comprehensive Economic Partnership (RCEP), effective January 1, 2022, is the world's largest free trade agreement, comprising 15 Asia-Pacific nations, significantly lowering trade costs by eliminating tariffs on over 90% of goods and reducing non-tariff barriers, despite criticisms of i...
Progress
36% Bias Score
Europe Urged to Prepare for Targeted U.S. Tariffs
European Central Bank President Christine Lagarde urged Europe to prepare for anticipated, selective U.S. tariffs under President Trump, suggesting a focus on internal market improvements and domestic economic strengthening. EU commissioner Valdis Dombrovskis stated the EU will respond proportionate...
Europe Urged to Prepare for Targeted U.S. Tariffs
European Central Bank President Christine Lagarde urged Europe to prepare for anticipated, selective U.S. tariffs under President Trump, suggesting a focus on internal market improvements and domestic economic strengthening. EU commissioner Valdis Dombrovskis stated the EU will respond proportionate...
Progress
36% Bias Score
Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust
Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...
Activist Investor Challenges Board of £1.4 Billion Herald Investment Trust
Boaz Weinstein's Saba Capital is challenging the board of the £1.4 billion Herald Investment Trust, highlighting concerns about corporate governance and shareholder engagement in the UK investment trust sector; similar past events with Alliance Trust, Electra, and Foreign & Colonial demonstrate a re...
Progress
56% Bias Score
US-EU Trade War Looms Amidst Defense Spending Dispute
Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.
US-EU Trade War Looms Amidst Defense Spending Dispute
Spanish Prime Minister Pedro Sanchez warned against a US-EU trade war while President Trump threatened tariffs, highlighting economic and defense spending disagreements; the EU commissioner vowed a proportionate response to any tariffs.
Progress
44% Bias Score
China's Steel Industry: Navigating Decline Amidst Continued Global Dominance
China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...
China's Steel Industry: Navigating Decline Amidst Continued Global Dominance
China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...
Progress
32% Bias Score
UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares
The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.
UK Government Intervention Limits Car Finance Mis-selling Payouts, Boosting Lender Shares
The UK Treasury is seeking to limit compensation payouts in a multi-billion pound car finance mis-selling case, causing shares in affected lenders to rise sharply, despite the potential for industry disruption.
Progress
48% Bias Score
Trump Announces Major AI Investment Amidst Market Volatility
President Trump announced a $100 billion AI infrastructure investment with tech giants, the SEC launched a crypto task force, and markets surged on his delayed tariff actions, but concerns about future trade policies remain.
Trump Announces Major AI Investment Amidst Market Volatility
President Trump announced a $100 billion AI infrastructure investment with tech giants, the SEC launched a crypto task force, and markets surged on his delayed tariff actions, but concerns about future trade policies remain.
Progress
40% Bias Score
Trump Seeks to Eliminate Federal and State Support for Electric Vehicles
President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...
Trump Seeks to Eliminate Federal and State Support for Electric Vehicles
President Trump issued an executive order on his first day in office aiming to eliminate federal and state support for electric vehicles, including a \$7,500 tax credit, but faces legal hurdles and potential congressional opposition, while automakers remain committed to EV production despite the cha...
Progress
28% Bias Score
Davos Protest: Young Activists Demand Higher Taxes, Greater Influence
Hundreds of young people protested at the snowy Davos World Economic Forum, demanding higher taxes on the wealthy and criticizing the forum's influence, briefly blocking a main road; some young activists, invited as Global Shapers, aimed to build bridges while advocating for change.
Davos Protest: Young Activists Demand Higher Taxes, Greater Influence
Hundreds of young people protested at the snowy Davos World Economic Forum, demanding higher taxes on the wealthy and criticizing the forum's influence, briefly blocking a main road; some young activists, invited as Global Shapers, aimed to build bridges while advocating for change.
Progress
36% Bias Score