Economy and Tourism Archives - Page 36 of 119

Mediterranean ObserverFebruary 3, 2022

World food prices rebounded in January and remained near 10-year highs, led by a jump in the vegetable oils index, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks the most globally traded food commodities, averaged 135.7 points last month against an upwardly revised 134.1 […]

Mediterranean ObserverFebruary 3, 2022

Many European nations have decided to follow Denmark’s lead, seeking to provide some relief to their coronavirus-weary populations amid a surge in infections and some doubts about the safety of reopening. Europe is rapidly easing coronavirus restrictions in the hopes of bringing a sense of normality back to people’s lives, despite a surge in infections […]

Mediterranean ObserverFebruary 3, 2022

National flag carrier Turkish Airlines (THY) took another step in its sustainability efforts, which the aviation industry sought to adopt, by launching the first flight using sustainable aviation fuel on Wednesday. The flight using aviation fuel obtained from sustainable sources departed from Istanbul Airport for the Charles De Gaulle Airport in Paris. While sustainable fuel, […]

Mediterranean ObserverFebruary 3, 2022

Google’s parent firm Alphabet is a step closer to joining its peers Apple and Microsoft in the elite $2 trillion market valuation club after the search giant’s shares rose 8% on Wednesday after another blowout quarter. The gains, if they hold, could be the biggest single-day surge for the stock in nearly two years, easing […]

Mediterranean ObserverFebruary 3, 2022

Turkey’s tourism revenues doubled last year as foreign arrivals bounced back, official data showed Monday, reflecting a recovery as the impact of the initial wave of COVID-19 pandemic measures in 2020 receded. Revenues climbed 103% to nearly $25 billion in 2021, the Turkish Statistical Institute (TurkStat) data showed. The figure was still well off the […]

Mediterranean ObserverFebruary 1, 2022

The World Health Organization (WHO) warned Tuesday that the vast amount of waste produced in tackling the COVID-19 pandemic posed a threat to human and environmental health. The tens of thousands of tons of extra medical waste had put a huge strain on healthcare waste management systems, the WHO said in a report. The extra […]

Mediterranean ObserverFebruary 1, 2022

The Malta Development Bank (MDB) has announced the extension of its successful Covid-19 Guarantee Scheme (CGS) until June 2022. In light of the observed economic recovery and unfolding Covid-19 developments, in November 2021 the Commission has adopted a limited prolongation of 6 months of the State aid Temporary Framework, until 30 June 2022. This will […]

Mediterranean ObserverFebruary 1, 2022

All travellers to EU member states will be required to have had a second vaccination within nine months (270 days) from Today. Visitors may also provide proof of recovery within the past six months (180 days) or a booster vaccination in order to travel within the European Union from February 1. Changes, confirmed last week […]

Mediterranean ObserverJanuary 31, 2022

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Ryanair blamed the Omicron variant travel curbs for “severely damaging” peak Christmas and new year bookings. Europe’s largest low cost carrier trimmed third quarter losses to €96 million from €321 million in the same period to December 31 a year earlier as passenger numbers rose to 31.1. million from 8.1 million. But close in bookings […]

Mediterranean ObserverJanuary 31, 2022

The International Energy Agency (IEA) said on Monday that European gas demand is expected to drop this year as continued high prices make coal more competitive for power generation, adding that Asian demand growth could slow. Last year, European gas consumption increased by an estimated 5.5% to 552 billion cubic meters (bcm). However, demand is […]

Category: Economy and Tourism

Vegetable Oils send Food Prices up in January: UN Agency

European nations take COVID Restriction-Free Path

THY tests sustainable fuel during Istanbul-Paris flight

Google-parent Alphabet inches closer to $2 Trillion Market Value

Turkey’s Tourism Revenues double as Foreign Arrivals Rebound in 2021

COVID-19 medical waste poses threat to environment: WHO

Malta Development Bank extends Covid-19 Guarantee Scheme until June 2022

EU’s Nine-Month vaccine validity to come into force Today

Omicron travel curbs hit Ryanair peak Christmas and new year traffic

European gas demand expected to drop this year on cheaper coal

MHRA: Budget Burdens Threaten Tourism Competitiveness While Government Recurrent Spending Keeps Rising

MHRA: Quality and Respectful Tourism Must Remain the Priority

MHRA calls for Tax-Free Tips for Hospitality Workers

MHRA: Budget Burdens Threaten Tourism Competitiveness While Government Recurrent Spending Keeps Rising

MHRA: Quality and Respectful Tourism Must Remain the Priority

MHRA calls for Tax-Free Tips for Hospitality Workers