news
knowledge for the future
Dubai confirmed
to host next edition of Meetings Design Week.
New opportunities
IBTM launches new trade show
for Asia Pacific Market.
Transfering knowledge
Business events
must count more than coffee cups: study.
Hotel News
Bjarke Ingels Group
designs new H.C Andersen Hotel for Tivoli in Copenhagen.
32nd year!
IBTM World
launches its 2019 event with new Corporate Buyer programme.
AWards
IACC Swedish Copper Skillet
– and the winners are...
new job
Martin Sirk
lead Global Association Hus Partnership.

CWT M&E chosen
As Partner of FIS Alpine World Ski Championships 2021.
Future development today
Associations look to move away from capitals
to second tier destinations.

Jordan Ranks Second
in the Middle East according to ICCA.
RSS
rss_icon
Links
Is The Meetings Industry Ready This Time?

Mitchell Beer, in a commentary piece on MeetingsNet.com, writes on the new economic crisis:

"Last week brought the bad news we all had hoped to avoid. When the U.S. Congress reached a deal to raise the debt ceiling, it looked like the economy had dodged a bullet—until stock markets began ricocheting back and forth, losing all the value they’d gained in 2011 in a single day.

Then on Friday evening, Standard & Poor’s announced an unprecedented downgrade in the U.S. government’s credit rating, declaring itself “pessimistic about the capacity of Congress and the administration” to cut the deficit and stabilize the country’s finances.

As analysts quickly pointed out, S&P is not one to talk about financial credibility: “I really find it quite amazing that a credit agency that could rate mortgage-backed securities AAA has decided to downgrade the U.S. government,” said Gregg Salvaggio, senior vice president of Washington-based Tempus Consulting. But the damage was done, and there is little hope that this week will bring a sudden economic turnaround."

Continue reading at MeetingsNet.com