A strong US dollar reduces accommodation and travel costs across ten international destinations, including Mexico, Poland, and South Africa. Central bank reports indicate that favorable conversion rates coordinate visitor spending, supporting regional hospitality merchants outside domestic US markets.
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A narrative has gained traction in recent years that attributes global supply-demand mismatches, trade frictions and growing competitive pressures to expanding industrial supply in emerging markets, particularly what it describes as “China’s industrial overcapacity”. This argument reverses cause and effect and obscures the deeper issue: the structural flaws of an international monetary system built around…
Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth.
