Oil price slide to boost tourism, global economy: UNWTO

The decline of oil prices, not seen since 2009, will lower transport costs and boost economic growth in 2015. The growth of international tourism is expected to be stronger in Asia & Pacific and the Americas.¬†According to the UNWTO report for the year 2014, the number of international tourists (overnight visitors) reached 1,138 million, which … More Oil price slide to boost tourism, global economy: UNWTO

Global growth rate to shoot up in 2015-16, Dollar to dip

Global growth rate is going to witness a rise in 2015-16, says a latest World Economic Report released by International Monetary Fund on January 20, 2015. By Sai Nikesh D According to the report, the percentage of global growth rate is going to rise to 3.7% in 2016, when compared to that of 3.5% in … More Global growth rate to shoot up in 2015-16, Dollar to dip