India among London's fastest growing tourism markets: Report

Agencies
September 1, 2017

New Delhi, Sep 1: The number of Indians visiting the British capital London is set to increase by a huge 90 per cent by 2025, according to official data released today.

Last year, 0.27 million visitors from India came to London and that figure is set to hit 0.52 million in the next eight years.

In terms of spend, visitors to London from India spent 258 million pounds (USD 333 million) in 2016, which is projected to rise to 721.2 million pounds (USD 931 million) by 2025 – a 180 per cent increase, according to the data by London & Partners, the business arm of the Mayor of London's office.

Besides India, the other fastest growing markets for visitors to London by 2025 include China (103 per cent growth), the US (43 per cent) and the UAE (43 per cent).

"Visitors to the capital bring huge benefits – the industry boosts London's economy, as well as supporting hundreds of thousands of jobs and showing the world that London is an open, welcoming and diverse city," said Sadiq Khan, the Mayor of London, at the launch of a new 'Tourism Vision for London' during the city's "Autumn Season" launch.

London's tourism industry is worth 11.6 per cent of the capital's GDP and 9 per cent across the UK as a whole.

Tourism numbers in London are set to rise sharply, with more than 40 million people expected to visit the city by 2025, a 30 per cent increase on the 31.2 million visitors in 2016.

Visitor spending is also set to grow by almost 50 per cent to 22 billion pounds (USD 28 billion) a year, up from 14.9 billion pounds (USD 19.3 billion) in 2016.

The surge in visitor numbers could be bolstered in the short-term by currency fluctuations, and according to research from London & Partners around two-thirds of international visitors say they're more likely to visit London given a more favourable currency rate.

According to a separate Google research, London leads worldwide searches for city and short breaks ahead of Barcelona, Rome, Paris and Amsterdam, with the overall number of searches up by 17 per cent year-on-year.

For the new Tourism Vision, London & Partners has collaborated with more than 100 of the capital's tourism leaders, including the Greater London Authority, Gatwick Airport, Hilton and the Association of Leading Visitor Attractions, to define a new vision for the tourism industry.

"As a combined force, we believe that if this vision is realised, tourism will drive economic growth and stimulate the city's cultural scene, support even greater numbers of jobs and strengthen London's reputation as an open and welcoming city," L&P said.

The vision states that the growth in visitor numbers is not a given with increasing competition from other destinations, particularly emerging markets that are fighting to attract new visitors. It recommends investments in infrastructure and towards shoring up off-peak visits.

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News Network
January 27,2020

Kabul, Jan 27: A passenger plane crashed on Monday in a Taliban-held area of Afghanistan's Ghazni province, local officials said.

Arif Noori, spokesman for the provincial governor, said the plane went down around 1:10 p.m. local time in Deh Yak district, which is held by the Taliban. Two provincial council members also confirmed the crash.

The number of people on board and their fate was not immediately known, nor was the cause of the crash.

Ariana Airlines, Afghanistan's national carrier, dismissed the claim that one of their planes had crashed in a statement on their website, saying all their aircraft were operational and safe.

The mountainous Ghazni province sits in the foothills of the Hindu Kush mountains and is bitterly cold in winter.

The last major commercial air crash in Afghanistan occurred in 2005 when a Kam Air flight from western Herat to the capital Kabul crashed into the mountains as it tried to land in snowy weather.

The war however has seen a number of deadly crashes of military aircraft. One of the most spectacular occurred in 2013 when an American Boeing 747 cargo jet crashed shortly after takeoff from Bagram air base north of Kabul en route to Dubai in the United Arab Emirates. All seven crew member were killed.

Afghanistan's aviation industry suffered desperately during the rule of the Taliban when its only airline Ariana was subject to punishing sanctions and allowed to fly only to Saudi Arabia for Hajj flights.

Since the overthrow of the religious regime smaller private airlines have emerged but the industry is still a nascent one.

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News Network
May 5,2020

May 5: Global coronavirus deaths reached 250,000 on Monday after recorded infections topped 3.5 million, a news agency tally of official government data showed, although the rate of fatalities has slowed.

North America and European countries accounted for most of the new deaths and cases reported in recent days, but numbers were rising from smaller bases in Latin America, Africa and Russia.

Globally, there were 3,062 new deaths and 61,923 new cases over the past 24 hours, taking total cases to 3.58 million.

That easily exceeds the estimated 140,000 deaths worldwide in 2018 caused by measles, and compares with around 3 million to 5 million cases of severe illness caused annually by seasonal influenza, according to the World Health Organization (WHO).

While the current trajectory of COVID-19 falls far short of the 1918 Spanish flu, which infected an estimated 500 million people, killing at least 10% of patients, experts worry the available data is underplaying the true impact of the pandemic.

The concerns come as several countries begin to ease strict lockdowns that have been credited with helping contain the spread of the virus.

"We could easily have a second or a third wave because a lot of places aren't immune," Peter Collignon, an infectious diseases physician and microbiologist at Canberra Hospital, told Reuters. He noted the world was well short of herd immunity, which requires around 60% of the population to have recovered from the disease.

The first death linked to COVID-19 was reported on Jan. 10 in Wuhan, China after the coronavirus first emerged there in December. Global fatalities grew at a rate of 1-2% in recent days, down from 14% on March 21, according to the Reuters data.

DEATH RATE ANOMALIES

Mortality rates from recorded infections vary greatly from country to country.

Collignon said any country with a mortality rate of more than 2% almost certainly had underreported case numbers. Health experts fear those ratios could worsen in regions and countries less prepared to deal with the health crisis.

"If your mortality rate is higher than 2%, you've missed a lot of cases," he said, noting that countries overwhelmed by the outbreak were less likely to conduct testing in the community and record deaths outside of hospitals.

In the United States, around half the country's state governors partially reopened their economies over the weekend, while others, including New York Governor Andrew Cuomo, declared the move was premature.

In Britain, Prime Minister Boris Johnson, who battled COVID-19 last month, has said the country was over the peak but it was still too early to relax lockdown measures.

Even in countries where the suppression of the disease has been considered successful, such as Australia and New Zealand which have recorded low daily rates of new infections for weeks, officials have been cautious.

Australian Prime Minister Scott Morrison has predicated a full lifting of curbs on widespread public adoption of a mobile phone tracking app and increased testing levels.

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News Network
March 2,2020

Paris, Mar 2: A global agency says the spreading new virus could make the world economy shrink this quarter, for the first time since the international financial crisis more than a decade ago.

The Organization for Economic Cooperation and Development says Monday in a special report on the impact of the virus that the world economy is still expected to grow overall this year and rebound next year.

But it lowered its forecasts for global growth in 2020 by half a percentage point, to 2.4 per cent, and said the figure could go as low as 1.5 per cent if the virus lasts long and spreads widely.

The last time world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis. On a full-year basis, it last shrank in 2009.

The OECD said China's reduced production is hitting Asia particularly hard but also companies around the world that depend on its goods.

It urged governments to act fast to prevent contagion and restore consumer confidence.

The Paris-based OECD, which advises developed economies on policy, said the impact of this virus is much higher than past outbreaks because "the global economy has become substantially more interconnected, and China plays a far greater role in global output, trade, tourism and commodity markets."

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