December 05, 2021
Countries that rely hugely on tourism and travel dollars have already been reeling from the pandemic, as lockdowns and new COVID variants cause people to avoid airports and stay home. Now the omicron variant is scuttling holiday travel plans that many were hoping would infuse fresh cash into their struggling economies. So who is most concerned about these disruptions to the tourism industry? We take a look at economies that saw the biggest boost from tourism dollars from 2008-2019, and how that changed in 2020 as a result of the pandemic.
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The war in Iran is entering a more dangerous phase.
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In this Quick Take, Ian Bremmer breaks down the escalating US-Israel war with Iran and its ripple effects on global markets and supply chains.
As missiles fly and oil prices soar, the Iran war is exposing another major resource vulnerability in the Middle East: water. Fresh water has been a scarce commodity in a region defined by a dry climate and low rainfall, but attacks on the region’s desalination plants, which convert seawater into drinking water, threaten to open a new front.
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