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Impact of the Russia-Ukraine War on the Global Economy: What We Know So Far  

Management Events

Governments, private companies, and financial institutions have responded to the war by imposing harsh sanctions against Russia. According to a recent study by the Central Bank of Russia, the country is going to experience a major recession this year ,” Kochnev says. The consumer prices in Russia are skyrocketing by European standards.

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Winter is Coming: The Cause and Effect of the European Energy Crisis 

Management Events

The problems with the gas supply from Russia started earlier this year. Because it’s easier and cheaper to buy gas from Russia. Last year, 37% of gas consumption in Europe was imported from Russia. Even the gas storage in Germany was controlled by Russia. I believe the EU is in negotiations to buy gas in bulk.

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Confident planning strategies for the return of incentive travel 

The MICE

So we negotiated client-friendly terms for all cancelled trips under very good conditions, and for all projects which were upcoming, that the payment would be postponed as well. We are not in this business, but everybody is used to negotiating things, to talking about things in online meetings. This will be 30% less for sure.

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CWT Meetings & Events research: London to remain top EMEA destination for corporate meetings and events in 2019

Event Industry News

Moscow, Russia (6/-). Despite ongoing Brexit negotiations for the UK to leave the European Union casting uncertainty over how the deal will play out for airlines, visas and border control, the popularity of London as a destination is undiminished for now. 2019 forecast (2018/17 positions in brackets): London, UK (1/1).

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16th Annual Meetings Industry Forecast

PCMA Convene

Emerging markets, however, retain their 22-percent share of the total market despite the declines in Brazil and Russia, which were partially offset by strong growth in markets such as Mexico, Indonesia, and the [Persian] Gulf region. and France. Despite a strong recent performance, the outlook for the U.K.

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Planning International Events: Legal and Cultural Considerations

SmartMeetings

Cultural stereotypes and habits influence international business negotiations. Business Negotiations. Everyone must be present when negotiating, as individual decisions are frowned upon. In other countries (such as Germany), an autocrat who might not even be present at the negotiations could be responsible for decision-making.

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The Way Forward 

PCMA Convene

Think about it: In a period of less than six months, not only did the United Kingdom vote to leave the European Union, but the United States and Russia flirted with a new Cold War, the migrant crisis ignited discontent throughout Europe, and Donald Trump’s successful presidential campaign included calls for building walls and enacting travel bans.

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