Growth growth has been slower in 2024, and the Consumer Confidence has been affected so that average spending per trip has been decreased compared to 2023. So we are also seeing a lot of bookings for high speed trains, so so many travellers opt for cheaper Regional Travel rather than flying. But actually we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high End Premium Travel inside and outside of china, a big rise in nature and coated travel, such as sichuan, hunan, tibet and the maldives, so more people are wanting to connect with nature and explore culture. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people who are willing to spend more . The Stimulus Measures may help in the short term, but actually we are seeing long Term Recovery for the Tourism Sector will depend on the broader economic factors. Especially the recovery of Co
Its ten in the morning in singapore, and 5am in the Middle East where more israeli strikes have been reported in beirut after israel issued further Evacuation Orders in parts of Southern Lebanon. Were looking at pictures of a huge explosion in the last few hours. Now i want to take you to live pictures from the lebanese capital, beirut. On Saturday Night The City experienced one of its most intense bombardments so far in this conflict. Authorities say at least 25 people were Killed. On sunday the Israeli Military said it had Killed a senior hezbollah commander, although the group has not yet commented. The Israeli Military says its investigating why five rockets fired from Southern Lebanon on Sunday Night managed to penetrate Israels Air defences and explode in the northern Port City of haifa. Several people were injured. Meanwhile in Gaza Israeli attacks are continuing. The hamas run Health Ministry says 26 people were Killed in strikes on a mosque and a School Housing displaced pales
Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in ridesharing. Meanwhile, Electric Vehicle maker rivium posted a narrower lost than expeted and raised its Production Guidance for the full year. Meanwhile, Nin
dear colleagues, your subcommittee could become part of a proud history of serious, bipartisan oversight, stretching from the teapot dome investigation to the boeing investigation to the watergate hearings to the tobacco hearings to the select committee on the january 6th attack. or you could take oversight down a very dark alley, filled with conspiracy theories and disinformation. a place where facts are the enemy and partisan destruction is the overriding goal. appears house republicans are going to go with the dark alley path. the first hearing for the subcommittee to investigate the, quote, weaponization of the federal government was nothing but grievance politics. meanwhile, in the senate, minority leader mitch mcconnell is trying to distance the party from a fellow republican senator. who could that be? it comes as president joe biden takes his post state of the union message to florida, keeping the focus on the fate of social security and medicare. and the admi