European Tourists Start Avoiding the US as ‘Unknown Territory'
The company is seeing a 'pretty strong deceleration' across the Atlantic, Chief Executive Officer Sébastien Bazin said on Tuesday in a Bloomberg TV interview. The drop is an acceleration from an 18-20% decline in the first 90 days of the year, he said. Travelers are deciding to visit places such as Canada, South America of Egypt instead of the US, Bazin said.
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Newsweek
2 minutes ago
- Newsweek
Real Reason Behind Birth Rate Decline
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Countries all over the world are facing declining birth rates, sparking fears there will one day be more elderly people than working-age people to support them. For example, in the United States, the fertility rate (the average number of children a woman has in her lifetime) is now projected to average 1.6 births per woman over the next three decades, according to the Congressional Budget Office's latest forecast released this year. That is below the replacement rate of 2.1 births per woman required to maintain a stable population without immigration. Financial struggles are often cited as the reason for people having fewer or no children, but recent research has focused on cultural changes. Newsweek has pulled together the main reasons birth rates are declining to build a detailed picture of the issue many governments are trying to tackle. The Real Reason Behind The Birth Rate Decline The Real Reason Behind The Birth Rate Decline Newsweek Illustration/Canva/Getty Financial Worries The 2008 financial crisis and its impact on housing, inflation and pay is generally cited a major contributor to people's decisions to delay having children, to have fewer children or not to have them at all. In June, the United Nations Population Fund (UNFPA) found that 39 percent of the 14,000 people across the 14 countries it surveyed said financial limitations prevented them from having their desired family size. "Young people overwhelmingly report worries and uncertainty about their futures. Many expect to experience worse outcomes than their parents did," the report said. "Their concerns about climate change, economic instability and rising global conflicts will be reflected in the choices they make about raising families." U.S. President Donald Trump's administration has taken steps to try to tackle the concerns, including the White House exploring giving women a "baby bonus" of $5,000, according to an April report in The New York Times. The country could also make childbirth free for privately insured families, with the bipartisan Supporting Healthy Moms and Babies Act, which would designate maternity care as an essential health benefit under the Affordable Care Act, which was introduced in the Senate in May. Family Policies Policies around child care and parental leave come up just as often as financial struggles—and the two are often connected. "Countries that have sustained or moderately increased birth rates—like France or the Nordic nations—have done so by investing in affordable child care, paid parental leave, gender-equal workplaces and housing support," said Poonam Muttreja, executive director of the Population Foundation of India. "These create an enabling environment where people feel secure in having children," she told Newsweek. "Fertility decisions are shaped by long-term confidence, not one-off cash handouts." Similarly, Theodore Cosco, a research fellow at The Oxford Institute of Population Ageing, told Newsweek that "addressing declining birth rates would require comprehensive support mechanisms, such as affordable child care, paid parental leave, health care access and economic stability." Gender Inequality Another linked aspect to this is gender inequality—a cause often stressed by Muttreja. While speaking about the situation in India, where the fertility rate is 1.9, according to World Bank data, she called gender inequality a "critical challenge." "No country has become economically advanced without a substantial participation from women in the economy," she previously told Newsweek. "The burden of caregiving, whether for children or elderly family members, falls disproportionately on women, and policies must enable women to balance work and caregiving effectively." Tomas Sobotka, deputy director of the Vienna Institute of Demography, told Newsweek: "Recent research emphasizes that fertility tends to be higher where gender equality is stronger, and where institutional support helps reduce the cost and complexity of raising children." He cited France and Sweden as examples. While their fertility rates have still plummeted in the past decade (1.66 and 1.45, respectively, according to World Bank data), they are higher than the European Union (1.38). This is "partly thanks to generous family policies with affordable child care, well-paid parental leaves and generous financial benefits to families," he said. "These, together with high levels of gender equality, make it easier especially for the better educated women and couples to achieve the number of children they planned." Cultural Shifts Another major, albeit more difficult to measure, contributor is a shift in cultural values. A new study conducted by academics affiliated with the National Bureau of Economic Research (NBER) published last month found that "short-term changes in income or prices cannot explain the widespread decline" in fertility but rather there has been a "broad reordering of adult priorities with parenthood occupying a diminished role." Authors Melissa Schettini Kearney, an economist from the University of Notre Dame in Indiana, and Phillip B. Levine, an economist from Wellesley College in Massachusetts, found there have been "changes in how much value people place on different life choices, generally reflecting a greater emphasis on personal fulfillment and career." These include the fact that most women in high-income countries now work, while it was previously "reasonable to consider having children as a widespread priority for women." But they do not attribute this to "whether women work at all after they are married or have had their first child" but rather "the tension between a lifetime career and the way motherhood interrupts or alters that lifetime career progression." Kearney and Levine also spoke about changes in preferences in general, citing several surveys they reviewed that showed that more people say having a career they enjoy and close friends is extremely or very important than those who say the same about having children. They also mentioned changes in parenting expectations, with it becoming "more resource- and time-intensive" than before, a reduction in marriages, access to effective contraception, abortion policies, fertility and infertility treatments. These reasons became clear when Newsweek looked at Norway, which is considered a global leader in parental leave and child care policies, with the United Nations International Children's Fund (UNICEF) ranking it among the top countries for family-friendly policies. Norway offers parents 12 months of shared paid leave for birth and an additional year each afterward. It also made kindergarten (similar to a U.S. day care) a statutory right for all children age 1 or older in 2008. Yet, Norway's fertility rate has dropped drastically from 1.98 in 2009 to 1.44 in 2024, according to official figures. The rate for 2023 (1.40) was the lowest recorded fertility rate in the country. Newsweek spoke with several local experts about Norway and all cited recent cultural changes, including lower rates of couple formation for those in their 20s, young adults being more likely to live alone and the demands of modern parenting. What Is The Solution? "The short answer is that there are no easy fixes," Kearney and Levine said in their report. "There is no single policy lever that will reliably boost fertility." Kearney and Levine's main call to action is to "widen our lens" when discussing fertility. "There is still so much more we need to know before we can provide something resembling a definitive answer," they said. "Policies like parental leave, child care subsidies, baby bonuses, etc., are much easier to implement and have the potential to affect fertility more rapidly, if they were effective," Levine told Newsweek. "Changing the social conditions that encourage family formation is more difficult and takes longer to accomplish.
USA Today
31 minutes ago
- USA Today
uTalk Language Learning: Lifetime Subscription (150+ Languages)
DescriptionInstructorImportant DetailsReviewsRelated Products uTalk can help you start speaking like a native within minutes. Using the uTalk learning App you can listen to real native speakers to help you navigate through your next vacation or business trip. We all learned a language as children so you'd think we'd know how to learn one as adults? But somewhere along the line - maybe because of all the other info we've been cramming into our brains since then - we've forgotten the trick of it. One thing for sure though is that our childhood ability to learn a language wasn't dependent on reciting verbs and conjugations. And it wasn't dependent on using voice recognition technology when our own ears did the job. So learning a language with uTalk is child's play for all the right reasons. With more than 2,500 words and phrases to learn in each of our 150+ languages, the app gives you a running start on your journey to language fluency. Simple and easy to use, you have fun as you develop your language skills naturally - just like you did with your first language. Every single word you hear on the app is spoken by authentic native speakers so you're constantly immersed in your new language. And, because uTalk mirrors the way we all learn best as children, it lets you learn what you want, when you want, so you can progress at your own pace. Sometimes, even in this age of screens and technology, we could all do with learning the way Mother Nature intended. uTalk's language programs let you understand how native speakers actually talk and feature independently verified translations so you'll be able to navigate through your next vacation or business trip and speak like a real local. You can learn any of our languages from your own language too, so whether you are a Spanish speaker who wants to learn Arabic, an English Speaker who wants to learn Spanish, or a French speaker who wants to learn Urdu, we've got you covered. The uTalk learning method is tried and trusted by more than 30 Million users. Access to all 150 + languages for life (see Important Details for full list) to learn from any device, any time you want Discover real, practical vocabulary that you can use in real-world situations Measure your achievements as you go along Verify your learning by playing speaking games Over 60 different topics to help you learn Learn from native voice artists who really know what they're talking about Access your account from any device so you can pick up where you left off anywhere Awards & Reviews The Queen's Award for Innovation and Export The Chartered Institute of Language Threlford Cup Winner 2019 4.3/5 stars on IOS App Store: ★ ★ ★ ★ ★ ★ Important Details Get a lifetime access to all and any of uTalk's 140 languages, including: Afrikaans Albanian Amharic Arabic (Egyptian) Arabic (Gulf) Arabic (Lebanese) Arabic (Modern Standard) Arabic (Moroccan) Armenian Assamese Azerbaijani Basque Belarusian Bengali Bosnian Breton Bulgarian Burmese Cantonese Catalan Cebuano Chibemba Chichewa Chinese (Hakka) Chinese (Mandarin) Cornish Croatian Czech Danish Dari Dutch Dzongkha English (American) English (Australian) English (British) English (Canadian) English (Cockney) English (Indian) English (Scottish) Esperanto Estonian Fijian Filipino (Tagalog) Finnish Flemish French French (Canadian) Galician Georgian German German (Swiss) Greek Greek (Ancient) Greenlandic Gujarati Haitian Creole Hausa Hawaiian Hebrew And more. Check full list here Length of access: lifetime To view complete terms and conditions, click here Have questions on how digital purchases work? Learn more here Learn more about our Lifetime deals here ! Unredeemed licenses can be returned for store credit within 30 days of purchase. Once your license is redeemed, all sales are final. This item is excluded from coupons. All reviews are from verified purchasers collected after purchase. The web interface feels clunky and you must download an app to really use it. The lessons leave a bit to be desired As an educator, uTalk misses out on a lot of the effective teaching techniques such as spaced repetition and feels like a flashcard app. However, I am giving it credit for having excellent coverage of languages as there are more than 100 options compared to the 14 or so offered by most other language apps. Estoy muy complacido con esta aplicación móvil y, además, tengo acceso a través de la web. Es vitalicia. Excellent value, and best language selection . This is one of the few apps I found which offers tagalog as an option. haven't had time to get too far into it yet, but enjoying the basics so far. can't give it a five star rating until i see how well i'm able to learn these languages. All the major world languages are covered. There is the same basic sequence of language learning for all the languages. The situations are mostly identical. Your cart is empty. Continue Shopping! Made in Venice, CA & powered by
Forbes
32 minutes ago
- Forbes
Bitcoin Is Suddenly On The Brink As $300 Billion Crypto Shock Sparks Price Crash Fears
Bitcoin, one of the year's best performing assets, has fallen sharply, plunging almost 10% as traders brace for a huge price game-changer. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price hit an all-time high of $123,000 per bitcoin in July, riding a wave of optimism stoked by president Donald Trump's White House, Wall Street giants, and dozens of bitcoin treasury companies—with some predicting an imminent $50 trillion earthquake. Now, as fears of collapse and a Federal Reserve crisis hit the U.S. dollar, bitcoin traders are scrambling to get ahead of what could be a major market crash. Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run 'We may be on the brink of another 1929 crash and another Great Depression,' investment guru and Rich Dad, Poor Dad author Robert Kiyosaki posted to X this week, pointing to investment legends including Warren Buffet and Jim Rogers who have sold many of their investments. 'I sit tight with gold, silver, and bitcoin,' Kiyosaki added. However, the bitcoin price fell this week following the latest round of U.S. trade tariffs, plummeting along with stock markets as the U.S. economy added far few jobs than expected in July and earlier months were massively revised down. 'There's a lot of risk in bitcoin,' gold bug Peter Schiff, the chief economist at Euro Pacific Asset Management and an outspoken bitcoin critic, said during an X Spaces broadcast. 'Days like today make it clear that bitcoin is not digital gold," Schiff added in an X post. "We got bad economic news that sent gold and the Japanese yen up 2.2% and the euro up 1.5%. The Nasdaq went the other way, falling 2.2%. Bitcoin tanked 3%, tracking high-risk assets lower, not safe havens higher.' Bitcoin has rocketed around 650% since it dropped to lows of $16,000 per bitcoin in late 2022, with half of those gains coming in just the last year. 'Bitcoin has given up almost half of its gains from the lows at the start of the month to the peaks on 14 July," Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments. "Heavy selling in the second half of the month is darkening the clouds, but it will take more than just fatigue and a lack of news to reverse the trend. Last month and August 2024 also saw a weak start, so this comes as no surprise.' Sign up now for CryptoCodex—A free newsletter for the crypto-curious August has historically been a losing month for the bitcoin price, which could weigh on the market. 'In terms of seasonality, August is considered one of the two most unfavourable months for bitcoin," Kuptsikevich said. "Over the past 14 years, bitcoin has ended the month with growth only five times and has declined nine times. For the last three years, bitcoin has been unsuccessful.' However, bitcoin and crypto holders are upbeat following some of the biggest ever developments for crypto on Wall Street and in the Trump White House. 'Bitcoin's consolidation after a period of successive all-time highs comes as no surprise. Yet again, inflationary fears have risen as tariffs and geopolitical uncertainty linger, spooking both crypto and traditional markets,' Gadi Chait, head of investment at Xapo Bank, said in emailed comments. 'Still, in the week that the White House crypto report set a precedent for the growth of the crypto industry, the bigger picture for bitcoin remains hopeful. This extraordinary endorsement from the highest levels of government underscores just how mainstream bitcoin has become." Chait also pointed to bitcoin exchange-traded fund (ETF) flows, which have 'served as a key barometer of institutional sentiment, with outflows of $114.69 million recorded on July 31 signalling tactical de-risking' ahead of Trump's August 1 tariff deadline. 'In recent times, bitcoin has proven its ability to weather turbulence inflicted by external factors, an encouraging sign of its increasing maturity," Chait said. 'Our conviction in bitcoin's long-term potential still stands, undeterred by short-term price fluctuations.'
