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Do you need a job? European hospitality venues are hiring

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European hotels and venues are desperately hiring staff as post-pandemic summer travel arrives

Top European hotel chains are hiring workers as many try to keep up with post-pandemic travel demand.

It comes as executives admit to years of underpaying hospitality staff, and pandemic lockdowns comes back to bite.

Thousands of workers left the hospitality industry when international travel shut down, and many have chosen not to return.

Tourism is an important factor for economic growth in many European countries.

In Greece, the sector employs 10 per cent of the country’s GDP. Meanwhile, in Portugal, 15 per cent of all economic output came from tourism before the pandemic.

“Many employees have decided to move to other sectors, so we are starting an industry from scratch and we have to fight for talent.”

Gabriel Escarrer, the CEO of hotelier Melia

It comes as the price of airline tickets and fuel costs rise. Willie Walsh is the ex-boss of British Airways, who says fuel prices were at record highs, and “oil is the single biggest element of an airline’s cost base”.

Oil prices have jumped as economies recover from the pandemic and the war in Ukraine impacts global supply chains.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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