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Entries from February 2015

Rouble trouble — Russian tourism collapses in Thailand

February 1st, 2015 · No Comments

Hit by plummeting oil prices and economic sanctions imposed by the West, Russia’s currency turmoil is roiling the region’s tourism industry too   “The sunshine days are over,” said Kubilay Atac, general manager of Pegas Touristik Thailand. “Business will never be the same again, especially in Thailand.”   Russia’s political and economic crises, compounded by […]

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