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Showing posts from October, 2022

Russia and the BRICS

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G oldman Sachs forecasted in 2001 that a group of developing and newly industrialized countries would come to dominate Western economies. Since then, those countries' economies have exploded, altering the global political landscape. The acronym BRIC refers to the countries of Brazil, Russia, India, and China , all of which are considered developing countries at a similar stage of newly advanced economic development on their way to becoming developed countries. It is commonly referred to as "the BRIC," "the BRIC countries," "the BRIC economies," or the "Big Four." After the addition of South Africa in 2010, the name was changed to BRICS. BRICS BRICS Countries BRICS Presidencies  BRICS is an important grouping that brings together the world's major emerging economies, accounting for 42% of the global population, 23% of global GDP, and more than 16% of global trade. Over the years, the BRICS countries have been the primary engines of g...

IS SRI LANKA SAFE FOR TRAVEL?

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S ri Lanka’s third largest source of foreign exchange reserves from tourism. Therefore, it’s vital to conserve from being devastating. Due to the repercussions had from the April 2019 Easter Terror Attacks, Sri Lanka saw a 21 percent decrease in tourist arrivals from the previous year, with over 1.9 million visitors arriving here. The government has heightened security and set up various security checkpoints across the country in an effort to lessen your chance of becoming a victim of a terrorist attack. Afterward the Covid-19 pandemic wreaked havoc all over the world. To stop the spread of the virus, Sri Lanka first went into lockdown in March 2020, which included closing the airport. For the first time in tourism history, global tourist arrivals dramatically decreased and completely ceased for a period of 10 months till January 21, 2021. With the enacting of various policies by the government, citizens act according to the safety protocols in order to pretend spreading the...