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‘Holidays in hell’ could cost Asia up to $115 billion in lost GDP due to virus: ING
SINGAPORE (Reuters) – Asian economies could lose $105-$115 billion in gross domestic product (GDP) this year due to a slump in tourism following the outbreak of the coronavirus, ING said in a report on Monday. “If we assume that tourism to and from China basically grinds to a halt in 2020, and extra regional tourism […]
UK PM Johnson backs high speed rail project, defying criticism over rising costs
By Sarah Young and William James LONDON (Reuters) – British Prime Minister Boris Johnson gave the “green signal” for a high speed rail line connecting London to northern England on Tuesday, defying critics of the overbudget project and underlining his willingness to spend big on infrastructure. Known as HS2, the scheme will slash journey times […]
South China Sea: US defence sec claims Chinese navy is YEARS behind US as tensions soar
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. China would also need “the confidence to defeat the US military” in nearby waters and regions according to an incendiary claim from a state-controlled newspaper. The argument was made by the Global […]