[ad_1] By the end of this year, global gross domestic product (GDP) is estimated to suffer more than $ 4 trillion because of tourism, said document of the United Nations Conference on Trade and Development (UNCTAD) and the United Nations World Tourism Organization (UNWTO). According to the paper, 60% of the estimated losses in global… Continue reading Global GDP to suffer $4 Trillion Loss due to tourism
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US budget deficit to hit $3 trillion
[ad_1] The US federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released July 1, Report informs. Federal government expenditure is projected at $6.8 trillion and revenues at $3.8 trillion. In particular, the $1.9 trillion coronavirus relief package, adopted at… Continue reading US budget deficit to hit $3 trillion