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More travel warnings are almost like a new lockdown for the hospitality industry

September 29, 2020
Analyst:
During the last few weeks, the German Federal Foreign Office has issued more and more travel warnings for other EU countries on the grounds of rising COVID-19 infection figures. If infections continue to trend upwards or remain high during autumn and winter, the number of travel warnings for EU countries and regions will rise as well during the winter season of 2020/21. And unless policymakers take measures to mitigate the impact, the tourism industry, in particular travel agents in Germany and hospitality providers abroad, will be faced with a similar situation to a new lockdown in the coming weeks and months. Quick and uncomplicated access to reliable coronavirus tests might be an option to allow travelling during the pandemic. The test costs should be borne by the travellers themselves. Ultimately, corona-related health risks will have to be weighed against the impact of higher hurdles for travelling and their negative economic consequences. [more]

More documents about "International"

131 Documents
March 24, 2021
Analyst:
2
A year ago, markets were in freefall. The Covid pandemic was still largely in its infancy, but investors were quickly realizing that a massive recession was looming. Fast forward to today and the conversation is very different as we contemplate if growth will run too hot, how high will inflation get and could the Fed fall behind the curve. In a recent updated World Outlook report, Deutsche Bank’s Global Economics team has raised its forecast for global growth in 2021 to nearly 7%, which is well above consensus. Here is why. [more]
March 15, 2021
3
Participants: HP, Bloomberg, and Franklin Templeton
Moderator: Christiana Riley, Member of the Management Board, CEO Americas, Deutsche Bank

The focus of this panel was to help investors engage with corporates on the topic of Diversity & Inclusion. The group was expected to address what should be considered to represent a successful D&I effort along with discussion on what key issues need to be addressed by corporates today. From the dbAccess ESG Conference March 2021. [more]
March 15, 2021
4
Presenter: Annelisa Grigg, Director and Sustainability Advisor at Global Balance Ltd
Moderator: Idil Dagdelen, Research Sales & ESG Coordinator

This session highlighted how biodiversity loss will have a significant impact on society and business and fundamentally impact on the ability to deliver the UN Sustainable Development Goals. Reporting and disclosure standards for companies on biodiversity are lacking at the moment, but that is likely to change. While several biodiversity policies and legislation exist today, there are important international and regional frameworks currently under development. From the dbAccess ESG Conference March 2021. [more]
March 15, 2021
Analyst:
5
Participants: Schroders, Union Investment, and Amundi Funds
Moderators: Debbie Jones, Global Head of ESG, Company Research & Tobias Fischer, Research Sales & ESG Coordinator

The session addressed how firms are integrating ESG into their investment strategies. Discussion topics included accountability to an ESG process, views on corporate disclosure & data collection, proprietary systems and ratings, alignment with UN SDGs and exclusionary processes. The discussion with Amundi addressed specific considerations and practices for an ESG Portfolio Manager having a special focus on ecology.
From the dbAccess ESG Conference March 2021.
[more]
March 15, 2021
6
Participants: Kamran Khan, Head of ESG, Asia Pacific, Deutsche Bank
Moderator: Jonathan Jayarajan, Managing Director, Deputy Head of EMEA Equity Research / Chair of the Research ESG Council

In this session, DB’s Kamran Khan reviewed key ESG trends impacting corporates. He also addressed DB’s strategy to support corporates to help meet their ESG needs, as well as the breadth of products and services that DB offers and the ESG regulatory outlook on Asia. From the dbAccess ESG Conference March 2021. [more]
March 15, 2021
Analyst:
7
Participants: T. Rowe Price, Invesco, and Federated Hermes
Moderator: Brian Bedell, US Asset Manager Research Analyst

This session was conducted as a panel with Sustainability leaders at T. Rowe Price, Invesco, and Federated Hermes. It covered panelists’ view on the success and challenges of integrating ESG considerations within their investment processes across a wide & diverse array of investment strategies, how third-party ESG data is used with development of proprietary analytics in combination with active management to generate alpha, what the prospects are for ESG demand to accelerate in the US and what types of investment products & solutions are developing the most demand. From the dbAccess ESG Conference March 2021. [more]
March 15, 2021
8
Participants: UN PRI/ European Chair of Sustainable Finance, Partner at Arabesque S-Ray
Moderator: Trisha Taneja, Head of ESG Advisory, Deutsche Bank

In this session, Nathan Fabian, Chair of the European Platform on Sustainable Finance and Dr. Todd Bridges, Global Head of Sustainable Investing & ESG Research at Arabesque S-Ray, discussed key regulatory topics impacting capital flow. The panel discussed the regulatory landscape in Europe and the US as it pertains to ESG, how upcoming regulations are impacting investors and issuers, and ultimately influencing capital flow and business strategy. From the dbAccess ESG Conference March 2021. [more]
March 3, 2021
9
Jonathan Jayarajan, Deputy Head of EMEA Equity Research, Managing Director, Deutsche Bank speaks with Jörg Eigendorf, Global Head of Communications & Corporate Social Responsibility, where he provides an overview of how Deutsche Bank is progressing towards aims of becoming a leader in sustainability in the finance industry. Jorg covers insights on approach, obstacles, and milestones so far. [more]
February 1, 2021
10
The quick development of highly effective vaccines and, of course, expectations of huge fiscal stimulus in the US had made investors optimistic about global growth. However, their hopes were recently dampened as vaccination campaigns were slow to start and, in Europe, experienced supply problems. Furthermore, concerns about more infectious COVID mutations have led to prolonged and more restrictive lockdowns which have weighed on business and consumer sentiment. That has stopped the equity market uptrend for now. [more]
January 26, 2021
Analyst:
11
Nigel Wilson, CEO, Legal & General and Jim discuss how the future is in our own hands and that there are huge opportunities out there in new technologies and strategic investments that can overcome many of the secular negative forces we are all familiar with (debt, demographics, low productivity etc.). However Nigel believes we need to shed our old fashion attitude to the type of assets we invest long-term money into and urges Governments to provide the infrastructure and regulatory regime to make the future as bright as he thinks it can be. [more]
December 11, 2020
Analyst:
12
Covid-19 vaccines to prompt a race to normalcy, supporting above-trend growth in Asia and sustained appreciation of its currencies, with a few exceptions. China to lead the region in monetary policy normalization, with rising housing prices risking premature tightening for some. [more]
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