LOSSES
British stock markets lost $500bn after Truss’ election as PM
British experts have calculated that the UK’s stock and bond markets have lost at least $500bn in combined value since Liz Truss took over as Prime Minister, RIA Novosti reports Photo: www.reuters.com AJ Bell investment fund analyst Danni Hewson, quoted by Bloomberg, said, “Far from being the safe pair of hands investors have been used to, the UK seems more like the wild west at the moment.” According to the news agency, the London Stock Exchange’s FTSE 350 index has lost at least $300bn in ...
28.09.2022UK , economy , losses
Italian tourism industry faces losses due to situation in Ukraine
Growing energy prices and aggravation of international tensions produce a serious negative impact on Italy’s tourism industry, while preventing it from returning to the pre-COVID level, BelTA reports with reference to RIA Novosti photo: www.nrnews.ru According to Italian tourism association Assoturismo Confesercenti, in Q1 2022, tourists spent only 41m nights in Italian hotels and other recreational structures – or 28 percent less than in the same period last year. "In total, from ...
28.03.2022italy , ukraine , tourism , losses
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