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As any summer traveller knows, many people working in the tourism industry these days seem overworked and stressed out. Leisure and hospitality was far harder hit than any other industry in the US during the pandemic, and it is still struggling to keep up, with some 1.4mn jobs unfilled compared with pre-pandemic levels. This isn’t...
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GLOBAL Global higher education finds itself at a crossroads unimaginable at the turn of the century when the world basked in the possibilities of globalisation, democratisation and multilateralism. Society is currently reeling from the multiple crises of climate change and loss of biodiversity, deepening inequalities, glaring developmental deficits, alarming democratic recessions, intolerant populisms, rising competitive...
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Between the fourth quarter of 2021 and the first quarter of 2022, the number of Russians classified by the Russian government as poor rose by 8.5 million, according to Russian government statistics, Maksim Blant of Radio Liberty reports (svoboda.org/a/armiya-bednyh-kak-voyna-vliyaet-na-urovenj-zhizni-rossiyan/31895963.html). Russian analysts point to the fact that in the fourth quarter, many Russians receive bonuses which...
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Coming off its fastest growth spurt in 37 years, the U.S. economy heads into the second half of 2022 caught between sputtering and slamming into reverse. There’s no doubt that conditions are slowing. The question is whether the current period ends up being a necessary downshift to control inflation, or an outright recession that could...
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Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Saloni Goel. Many developed economies are struggling with decadal high inflation that has started reflecting on weak consumer demand. Central banks seem to be left with no option but to tighten monetary policies further, which is fuelling growth...
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Energy intertwines socio-economic-environmental sustainability. The reader is rather gripped by ambiguity, immersed into deep thinking, when contextualising this thought, connecting with the prolonged and ongoing geo-eco-politico special military operations by Russia on Ukraine. Energy unites or is it divisive by nature? Will the event per se catalyse the emergence of a new world order?  ...
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Climate activism has done major harm to the economy, but Thursday’s Supreme Court ruling in West Virginia v. Environmental Protection Agency offers hope for easing the pain.  The justices ruled that Congress must explicitly grant federal agencies the power to make broad regulatory decisions before they can do so. That defangs an Obama-era mandate on...
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Issued on: 01/07/2022 – 18:32Modified: 01/07/2022 – 18:30 London (AFP) – Stock markets wobbled on Friday while the dollar shot higher against the euro and pound as investors fretted about interest rate hikes and a possible recession. Both Paris and Frankfurt stocks ended the day with small gains despite news of record-high eurozone inflation that...
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Live news updates: Eurozone inflation hits record 8.6%  Financial Times Read more…
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Talent shifts in the global economy have many wondering what is next. getty Economic uncertainty at home and abroad fuels the ire of both the pool of talent looking for work and those searching for the right candidate. Add a tumultuous hiring market and the infusion of new graduates, and you have a hot talent...
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