North Macedonia, a captivating destination blending history, natural beauty, and culture, has further enhanced its travel appeal by implementing a visa-free entry policy for citizens of 79 countries. This strategic move has simplified travel logistics, boosted tourism, and fueled economic growth, positioning North Macedonia as a prime destination for both leisure and business travel.
Results for: Economy
China’s Factory Activity Shrinks for Second Straight Month, Raising Concerns About Economic Recovery
China’s factory activity contracted for the second consecutive month in June, according to official data released on Sunday. This underscores the country’s fragile economic recovery ahead of a key political gathering focused on deepening reforms. The manufacturing purchasing managers’ index (PMI), a key gauge of factory output, remained at 49.5 in June, signaling a decline in activity. While the non-manufacturing PMI expanded, it also registered a decline from the previous month. The data highlights challenges for policymakers, including a prolonged debt crisis in the property sector, sluggish consumption, and high unemployment.
Las Vegas is expecting a surge in visitors for the upcoming Independence Day holiday weekend, with estimates exceeding last year’s numbers. The influx is expected to generate significant economic impact, driven by high-profile events and increased spending.
Vietnam’s Travel & Tourism sector is on track for a record-breaking year, with its contribution to the national economy set to reach a staggering đ770.8TN. This surge, fueled by strong domestic travel and a recovering international market, marks a significant step towards achieving the government’s 2030 Tourism Development Strategy.
President Biden’s claims that the current economic situation is due to former President Trump’s actions received mixed reactions from a focus group of Democrats, Republicans, and Independents. While Democrats largely agreed with Biden’s assessment, Republicans and Independents disagreed, particularly on the state of the economy under Trump’s presidency.
Mongolia holds parliamentary elections on Friday, with voters choosing a new government amidst concerns about corruption and economic challenges. The ruling Mongolian People’s Party appears to be favored, but other parties are hoping to capitalize on voter discontent. Issues like unemployment, inflation, and the recent “dzud” (combination of drought and severe weather) are also major concerns for voters.
Belarus has implemented a visa-free policy for citizens of 125 countries, including Schengen nations, making it easier for travelers to explore its rich culture, vibrant cities, and picturesque landscapes. The policy benefits holidaymakers, leisure travelers, and business professionals, boosting tourism and economic growth.
Alberta has announced a $4.3 billion surplus for the fiscal year ending in March 2024, driven by strong revenue from non-renewable resources and increased tax collection. The province spent more than expected on disaster relief and health system improvements, while also growing its Heritage Savings Trust Fund.
The article delves into the economic implications of the monsoon in India, exploring how variations in rainfall impact agricultural production, inflation, and overall economic growth.
Consumer confidence in the US eased in June, according to the Conference Board’s index, driven by a weaker outlook for business conditions, the job market, and incomes. While current conditions remain strong, concerns about the future are growing.