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Schedule of holidays on emitting markets in 2019

first_imgThe calendar is made in the form of Excel “workbook” – the initial “work folder” brings a summary graphic display of holidays and celebrations in all processed markets, the next “work folder” brings a legend, ie an explanation of the summary graphic view, detailed elaboration for each of the markets. Attachment: Schedule of holidays on emitting markets in 2019 A good season always starts with good preparation, and in order to prepare as well as possible, we bring you a list of holidays and celebrations in the emitting markets in 2019. 21. 4. Sunday – Easter22. 4. Monday – Easter Monday1. 5. Wednesday – Labor Day20. 6. Thursday – Corpus Christi22. 6. Saturday – Day of anti-fascist struggle25. 6. Tuesday – Statehood Day5. 8. Monday – Victory and Homeland Thanksgiving Day and Croatian Veterans Day15. 8. Thursday – Assumption8. 10. Tuesday – Independence Day1. 11. Friday – All Saints25. 12. Wednesday – Christmas26. 12. Thursday – St. Stephen And as we know that domestic tourists, ie domestic consumption, are extremely important, especially when we talk about continental tourism, certainly how extended weekends are ideal for short trips and getting to know Croatia. Croats are known for combining holidays with extended weekends, the only question is where they will spend their extended weekend. Tell them a story to spend with you. List of holidays and celebrations in 2019 in Croatia “In order to help tourism businesses plan such special offers, which can be offered to market partners (tour operators and agents), but also to individual clients, a calendar of public holidays / holidays / school holidays has been developed for 24 major markets for which it is possible prepare programs adapted to the period in which there is potential for travel abroad”They point out from the CNTB and add that the practice of tying holidays and weekends is common in most European countries, while the target group of families with children is particularly motivated to travel during school holidays.last_img read more

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Fed policymakers say pickup in infections slowing US economic recovery

first_imgThe increase in infections has raised the downside risks to the economic outlook and suggests the reopening of the US economy may be more protracted than many initially anticipated, Cleveland Fed President Loretta Mester said in a speech for the Liberal Arts Macroeconomics Conference.The rising case load offers “a stark reminder that there are several different scenarios that could play out,” Mester said.Jobless Americans and state and local governments will need more aid to make it through the crisis, Kaplan said. Lawmakers missed a deadline last week for extending a US$600 weekly supplement to state unemployment benefits, and are in the midst of negotiating another round of stimulus.“I believe the economy needs a continuation of the unemployment benefits,” Kaplan said. “It may not need to be in the same form as it currently is, but we need a continuation.” A resurgence in coronavirus cases is slowing the economic recovery and the pandemic will continue to weigh on the US economy and American life for longer than initially expected, three Federal Reserve policymakers said on Wednesday.The US economy began to grow in May and June after taking a monumental hit beginning in March. But growth stalled in July as infections spiked in some parts of the country, leading to fresh restrictions, US central bankers said.“The issue with the resurgence in the virus is it slowed down or somewhat muted the recovery we’ve been expecting,” Robert Kaplan, the Dallas Federal Reserve Bank president, said in an interview with CNN. Mester also said more fiscal support is needed to bolster struggling businesses, households and consumers, and she said she was hopeful that Congress will pass a stimulus bill.“The country has a responsibility to help them over that, to bridge that period, until we can get the economy going again,” Mester said during the webinar.While US economic growth slowed in July, it could pick up in the third quarter and reach pre-pandemic levels by the end of next year, Federal Reserve Vice Chairman Richard Clarida said on CNBC.“It will take some time, I believe, before we get back to the level of activity that we were in February before the pandemic hit,” Clarida said.Clarida said his personal forecast for the economy hasn’t changed because of the recent resurgence of the virus in the United States, since the economic momentum from May through early July was stronger than he expected. He also expects support from another fiscal package should even things out.Kaplan forecast that for the 2020 full year, the economy will contract by 5 percent, while Mester forecast a contraction of 6 percent, from the end of 2019.Fed officials pledged at their policy meeting last week to do what they can to help the economy rebound from the recession that began in February as the coronavirus outbreak spread across the globe. The US central bank has cut interest rates to near zero and rolled out roughly a dozen emergency programs to backstop financial markets and support businesses.Asked about the tepid use of the Fed’s Main Street Lending Program, which is designed to help small and mid-sized businesses, Clarida said the facilities are meant to serve as backstops and that officials are open to changing the program if needed to reach more businesses.“I do expect activity in the program to pick up,” Clarida said. “We’re focused on the goal of supporting the economy and if we need to adjust our programs we will do so.”Mester also said Wednesday that she supports making more adjustments to the Fed’s facilities if needed. “Given the nature of this shock to the economy, I’d be prepared to take more credit risk than I would have been in the past,” Mester told reporters.Topics :last_img read more