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In the mid-to-late 2010s, a new trend emerged that caught the attention of many in the hospitality space: vacation rental homes becoming popular. The top players in this new market were Airbnb and Vrbo, and together they created a massive network of individual property owners who rented their space to travelers from around the world. Many believed that the world’s largest hotel chains would be forced to either adapt or be left behind by this revolutionary business model. But over 15 years after Airbnb’s founding, hotel chains continue to thrive and make profit in the hospitality market.

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The countdown is on for Super Bowl XLVIII, and all eyes are on the Allegiant Stadium in Las Vegas, Nevada, where the San Francisco 49ers are gearing up to take on the defending champs, the Kansas City Chiefs. This 2022 rematch is scheduled for February 11, 2024, and this clash marks the 58th consecutive Super Bowl - a staple event that’s become engraved in American culture. The Super Bowl is not just a clash of titans on the field but a powerhouse of economic activity. With millions of dollars flowing in each year, it transforms the chosen host city into a focal point of notoriety and attention.

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Rice, a food staple in many countries, holds cultural and dietary significance in Japan. However, concerns are growing over the future of rice farmers in Japan as the demand for this essential food experiences a decline. The rice industry faces additional challenges with the recent ban on rice exports from India, one of the world’s leading rice exporters. The once-stable and crucial rice sector faces uncertainties threatening its long-standing role in Japanese agriculture and the global economy.

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The history of beer goes back thousands of years, making it one of the world’s oldest beverages. In 2023, more than 166 billion liters of beer were drunk across the globe. This figure is expected to increase to 170 billion in 2024, and further increase to 180 billion by 2027. Even as beer consumption is expected to increase, non-alcoholic beer and seltzer options are becoming increasingly popular, especially during the month of January when millions of people across the globe participate in Dry January

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Over the past several weeks, vessels on the Red Sea have faced attacks, leading companies to change their routes and leading to a spike in freight rates. The Red Sea separates the coasts of Saudi Arabia and Yemen to the east from Egypt, Sudan, and Eritrea to the west. With this body of water acting as one of the leading trade routes between Asia, the Middle East, and Europe, freight prices are jumping, creating longer transit times around Africa and disrupting and delaying product deliveries.

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While planes are currently one of our world’s fastest forms of transportation, are they our most efficient? Signs point to no, as more and more countries, specifically in Europe, are investing more in rail transportation. In 2022, Luxembourg invested 575 euros per capita in its railroad system, and they weren't alone. Switzerland, Norway, and Austria invested between 300 and 450 euros per capita, further developing their railroad system.

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Last week, the U.S. Securities and Exchange Commission, or SEC, authorized a new crypto product that could revolutionize the market. The SEC has approved 11 applications to offer exchange-traded funds, or EFTs, to the market. More than billion dollars worth of ETFs were bought and sold during the first day of trading, showing the potential market in the future.

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Over the past few weeks, winter weather has dumped snow and freezing rain across northern and central Europe. As a direct result, uncommon transportation system delays are disrupting supply chains, causing havoc at airports, and stopping road traffic. The recent wave of extreme weather has created many problems that affect businesses and the intricate network of supply chains, going beyond the immediate inconveniences of travel.