Tag "tourism"
The wider ramifications of the EgyptAir crash
The crash of EgyptAir flight 804 underscores the elevated risks faced by the Egyptian tourist sector. It also highlights the heightened security concerns over potential terrorist attacks in European airports.
Kidnapping risk on the rise in the Philippines
With Indonesian and Malaysian sailors recently being taken hostage by the Abu Sayyaf Group (ASG), a Philippine terrorist group with a long history of kidnap-for-ransom operations, what is the risk
Mongolia needs to diversify to avoid recession
Mongolia is suffering from an over-dependence on mining as global commodity prices and demand from China decrease: diversification is urgently needed. Having capitalized on the global commodity boom, and its
Lebanon suffers from Saudi-Iranian rivalry
Tensions between Saudi Arabia and Iran are palpable: the use of Lebanon for proxy power plays has some serious repercussions particularly in relation to Saudi-aligned Gulf States. Lebanon boasts an
Cuba’s economic potential: Beyond hype and wariness
On March 20th, President Barack Obama achieved yet another diplomatic milestone by becoming the first U.S. leader to visit Cuba in 88 years. Obama’s visit has so far been the
Cuba – A blast from the past for tourists
Walking around Cuban cities gives a sense what street scenes from the 1950’s may have been like with ubiquitous vintage cars, a generally low level of motorization, few neon signs
Is China really in decline? Unpacking China’s economic figures
Recent events have raised an alarm that China might be going into a decline. However, when you unpack the data, the signs become more reassuring for the Chinese economy. 2015
Bright spots remain despite Japan’s economic troubles
Global economic volatility is hampering Japan’s efforts to address structural weaknesses, resulting in a dual assault on Tokyo’s attempts to boost economic growth. Yet despite these trends, it is not
Jakarta blasts signal new form of terrorist attacks in Indonesia
The recent bomb and gun attacks aimed at foreigners in Jakarta, Indonesia marks a first ISIS attack in the region, and signals that a new form of terrorist activities might
What the Istanbul bombing means for Turkey’s security and economic climate
While business won’t be heavily impacted for now, this week’s suicide attack in Istanbul’s tourism quarter reveals a complex terror threat. On January 12th, a single suicide bomber detonated his
