#economic-challenges

#economic-challenges

The article documents permanent restaurant and bar closures in the city, emphasizing reasons like refocusing, economic challenges, and business downturn. [ more ]

Late night venues in London, including pubs, bars, and nightclubs, are facing closures due to the pandemic and other challenges.

Factors contributing to the struggles of late night venues include soaring energy bills, high rent, and a decline in drinking habits. [ more ]

California is facing a $68 billion budget deficit due to a decline in revenue similar to that seen during the Great Recession and dotcom bust.

The state's reliance on taxation of capital gains and the personal income of high earners, along with the federal government's efforts to control inflation, are contributing factors to the budget deficit. [ more ]

Millennials prioritize homeownership more than their parents' generation

Social media may be influencing millennials' desire for homeownership [ more ]

China's economy has shown resilience despite facing multiple challenges.

Investing in New Oriental Education & Technology Group and X Financial may be favorable options. [ more ]

Chinese tourist arrivals in Thailand in 2023 are estimated to be lower than initially forecasted.

Changing travel trends in China, including domestic travel and economic challenges, contribute to the decline in Chinese tourists visiting Thailand. [ more ]