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Reuters (September 10)

2020/ 09/ 12 by jd in Global News

“Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets.” This was just one of the findings of an advisory panel to the Commodities Futures Trading Commission.

 

Bloomberg (July 26)

2020/ 07/ 28 by jd in Global News

“Countries around the Mediterranean Sea were praying that a glimpse of tourism would get them through the summer before the cold snap drives people indoors and ushers in a second chapter to the pandemic. Now,” with resurgence in Spain and France, “it appears the spread of the virus may not wait for the winter months.”

 

Financial Times (November 24)

2014/ 11/ 25 by jd in Global News

“‘Lung washing tours’ are the new thing in Chinese tourism.” Sales have taken off as people seek refuge from the polluted air, but these often require vast treks to reach a place with clean air. “The truth is that despite what the tour operators say, fleeing pollution is not all that easy in today’s China – no matter how much money you spend (and carbon dioxide you emit) getting away.”

 

Financial Times (June 9)

2014/ 06/ 10 by jd in Global News

For the first time in over four decades, Japan earned more in tourism than it spent. This last happened in 1970 when “the Apollo moon landing was still fresh in the memory, Osaka was hosting Asia’s first World’s Fair and a dollar bought three-and-a-half-times more yen than it does today.” Visitors from Asia have skyrocketed as destinations in Japan have gone from “prohibitively expensive” to reasonable, aided by the drop in the yen and higher disposable incomes elsewhere in Asia.

 

Time (July 1)

2013/ 07/ 02 by jd in Global News

“Japan’s upper house gave final approval on June 12 for a $500 million, 20-year fund to promote Japanese culture overseas. Called Cool Japan, the multidisciplinary campaign is designed to plug everything from anime and manga to Japanese movies, design, fashion, food and tourism…. It’s unfortunate that the name of a campaign to showcase creative originality strongly echoes Cool Britannia, the pop-cultural flowering that took place in the U.K. in the 1990s.”

 

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