Mita

Malaysia’s tour agencies saw 2,800 cancellations in first week of Iran war, say tourists now in wait-and-see mode

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KUALA LUMPUR, March 30 — Some Malaysian travel agents were immediately impacted by the Iran war with an estimated 2,800 cancellations of tour packages in the first week itself. Malaysian Inbound Tourism Association (MITA) president Mint Leong said 800 of these cancellations were from Iran on the very first day of the conflict, while an … Read more

Russian Economy: Oil Price Crash Impact

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Global Trade Tensions and the Russian Economy: A Vulnerable Interdependence The evolving landscape of international trade, marked by escalating tariffs and geopolitical shifts, presents a significant, albeit indirect, challenge to the Russian economy. While not a primary target of recent trade actions, Russia’s heavy reliance on energy exports makes it particularly susceptible to fluctuations in … Read more