Live Breaking News & Updates on Irelands Data Protection Commission

Stay updated with breaking news from Irelands data protection commission. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts For RT Boom Bust 20240712

In the depths. Or inmate in the shallowness. Welcome back there are few industries in the world harder hit by the coronavirus than the travel and Tourism Sector without question 2020 will go down as one of the worst years ever for the industry but in reality were only in august and still have a long way to go already the effects are being felt in fact the Hotel Industry is warning that as a whole they are facing an absolute Economic Disaster and a desperate plea to congress submitted this week the industry claims that nearly 25 percent of all hotels in the United States are at risk of foreclosure simply put those hotels have loans that are at least 30 days delinquent or longer at the end of 29000. 00 the same number was 1. 9 percent of hotels and this is just the ....

United States , United Kingdom , District Of Columbia , City Of , Cayman Islands , Barry Vera , Alexei Navalny , Barry Choi , Zach King , Ben Swann , Industries World , Coronavirus Travel , Tourism Sector , Hotel Industry , Economic Disaster , Hotels United States , Hotels Just , Dot Com , Us Today , Airline Industry , Quantas Airlines , Airlines Australia , Fiscal Year , Say International , International Travel , International Cruises ,

Transcripts For RT Boom Bust 20240712

Europe struggling economy. Monetary stimulus remains necessary to support the economy create coverage and to safeguard the medium term price stability. No warning from the International Air transport association revealed the delivery of any future product or acting will require some careful planning called it the largest single transport challenge ever we have a lot to get here so lets get started. On thursday the European Central bank announced its plan to keep Interest Rates unchanged e. C. B. President Christine Legarde said they are closely monitoring inflation to reach a level close to but below 2 percent we will keep the key e. C. B. Interest rates unchanged. We expect them to remain at their present in lower levels until we have seen the inflation out ....

New York , United States , United Kingdom , Jeffrey Tucker , David Hine , Ian Lee , Astra Zeneca , Chris Brown Whelan , Willy Wonka , Alex Simon , International Air , International Air Transport , International Air Transport Association , European Central , European Central Bank , Central Bank , Plan Keep , Interest Rates , Christine Legarde , Year High , Us Dollar , Program Set , Well Number , Global Economy , Market Strategist , Dot Com ,

Transcripts For RT Boom Bust 20240712

Dollars and they Say International travel for them will not resume until the middle of 2021 the middle of next year you talk about the cruise industry you know the Cayman Islands saying that theyre not going to allow International Cruises to come in to the Cayman Islands until at least after december 31st of this year so it doesnt really matter what sector youre in everybodys taking it on the chin right now and no barrier there are destinations like bali that plan to reopen the tourism by september but overall are people actually traveling right now and will tourism pick up again this year or is everything going to shift to 2021 or is it going to be 2022. I think it really depends on where you live regardless where in the world you are i think domestic tro ....

United States , Perifereia Kritis , District Of Columbia , Saudi Arabia , Cayman Islands , Barry Choi , Alex Salmond , Zach King , Ben Swann , Say International , International Travel , International Cruises , Europe Asia , Airline Industry , Smaller Airlines , Airlines Worldwide , Getting Better , Congress Already , Congress Give , Bailout Airlines , Strings Attached , Service Customers , American Airlines , Congress Comes , Decision Making , Business Decisions ,

Transcripts For RT Boom Bust 20240712

A desperate plea to congress submitted this week the industry claims that nearly 25 percent of all hotels in the United States are at risk of foreclosure simply put those hotels have loans that are at least 30 days delinquent or longer at the end of 2019 the same number was 1. 9 percent of hotels and this is just the beginning so joining us now to discuss this boom bust cohost and investigative journalist ben swan and travel expert from money we have dot com barry choi thank you both for joining us today ben i want to start with you can you give us a rundown quick of some of the other aspects of the travel industry struggling right now. Yeah its kind of like a pick your poison kind of situation right now it doesnt matter what part of the travel industry youre in right now things are going very very poorly you have the Airline Industry
United States , Perifereia Kritis , District Of Columbia , Saudi Arabia , Cayman Islands , Instagram Facebook , Ben Swan , Philip Morris , Barry Choi , Zach King , Hotels United States , Hotels Just , Dot Com , Us Today , Airline Industry , Quantas Airlines , Airlines Australia , Fiscal Year , Say International , International Travel , International Cruises , Europe Asia , Smaller Airlines , Airlines Worldwide , Getting Better , Congress Already ,

Transcripts For RT Boom Bust 20240712

Underlying inflation dynamics this comes as the euro continues to strengthen last week it hit a 2 year high following the meeting the euro jumped point 8 percent since march its risen about 11 percent against the u. S. Dollar while a guard also said the bank will continue its purchase under the pandemic bond buying with the lope of 1350000000000. 00 euros the program is set to continue until june of 2021 well that number is expected to increase before the end of the year. Come on the state of this state of the Global Economy we are joined by boone was cohost chrystia and founder and chief Market Strategist of the technical traders dot com chris for me and chris lets start with you although the e. C. B. Decided against any major policy action this thursday analysts theyre still expecting like i said the increase in the total amount of the program before the end of the year ....

New York , United States , United Kingdom , David Hine , Astra Zeneca , Trinity Chavez , Jeffrey Tucker , Ben Swan , Chris Brown Whelan , Willy Wonka , Alex Salmond , Year High , Program Set , Well Number , Global Economy , Market Strategist , Dot Com , Chris Chris , Program End , Interest Rates , Gun Powder , Housing Market , Mortgage Applications , Year Ago , Year Comparison , Single Digits ,