New Refugees Will Affect Economic Growth In The Coming Years | The English Royal Family Is Again In The Center Of Interest| FXMAG.COM

In this article:
Refugees and theirs affect on economy
Airlines
Netflix’s “Harry & Meghan” documentary

This year is a challenge, a continuation of new challenges for economies. The war in Ukraine not only affected the European Union economically and politically, but most of all the townspeople of Ukraine, who had to leave their homeland to protect themselves, but that is to say, the economies that hosted them. What's more, Prince Harry and Meghan will again attract attention thanks to a new documentary series about them.

Refugees and theirs affect on economy

Nearly 8 million refugees have fled Ukraine since Russia invaded in February, the largest wave of refugees in Europe since World War II, most of whom are now in the European Union. Studies conducted in Germany, Moldova and Poland show that the majority of arrivals are children and women under 40 years of age. These numbers will increase depending on the duration and severity of the war.

The overarching goal is to create the conditions under which refugees can return home once the war is over and reconstruction begins. However, refugees may stay in their adopted homelands for some time.

There are some short-term fiscal costs to supporting refugees. Countries with the highest numbers of refugees, including the Czech Republic, Estonia, Moldova and Poland, may face fiscal costs this year. Greater participation of women and children will result in increased spending on childcare, education and healthcare.

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However, in the medium term, refugees can boost economic growth and tax revenues, while helping to ease the current labor market pressures in parts of Europe.

How new refugees will affect economic growth in the coming years will depend primarily on the speed and quality of their integration into the labor market

Refugees fleeing Ukraine could boost Europe’s economic growth and tax revenue while helping some countries facing labor shortages, as we explain in #IMFBlog. https://t.co/jJKvchiH3L pic.twitter.com/f4fbllg0uy
— IMF (@IMFNews) December 15, 2022

Airlines

In the aviation sector, regardless of the geopolitical situation, there may also be various difficulties. Recent years have shown that there have been better and worse situations in the airline industry. The pandemic and the conflict in Ukraine will also start to affect this sector.

Air travel has become popular again after the pandemic. The conflict in Ukraine has resulted in the freezing of air routes in this area and thus the reduction of flights.

Airlines are trying to cope with difficult conditions, and the upcoming new year raises new hopes.

Watch highlights from #RIAsia 2022 which brought investors together with #SustainableFinance industry experts and practitioners to discuss ESG trends in Asia Pacific. #RIAsia #ESG #ResponsibleInvesting pic.twitter.com/WDhbTnqXXx
— Deutsche Bank (@DeutscheBank) December 15, 2022

Netflix’s “Harry & Meghan” documentary

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The English Royal family is the most popular royal family in the world and a symbol of Great Britain. Recently, especially after the death of Queen Elizabeth II, who was the longest-reigning monarch, interest in the members of this family has increased.

Just like every event that appears around this family, programs and series are also popular, for example the popular Netflix series The Crown. Now it has become loud again around the family for the couple of Prince Harry and his wife Meghan and their new documentary series broadcast on Netflix.

The streaming platform on Tuesday said that the series had become its biggest documentary debut yet, attracting 81.55 million viewing hours globally within its first four days of release.

Prince Harry says William screamed and shouted at him in new record-breaking Netflix documentary https://t.co/nuQlo2gFWQ
— CNBC (@CNBC) December 15, 2022