While many people talk a lot about the massive success of China, Indonesia, Phillipines and Asia, in exporting to developed nations, the truth is more complex and somewhat surprising.

A growing proportion of this export growth is to other emerging nations rather than to the developed world. As the graph shows, despite the huge economic downturn in developed nations, and rapid slowing of growth across Asia, Vietnam has outshone its neighbours in 2011 and 2012, with every prospect of continuing to do so. In 2011, exports from Vietnam increased by over 34%, and 24% in 2012.   There are a number of reasons for this.

What is the future of tourism, travel and hospitality industries in these nations?  What steps should governments take to encourage sustainable development of tourism?

UK government debt is around £1 trillion, equal to over 70% of our GDP, and way above highest levels since 1975.  It is continuing to rise fast, and many people are worried about it.  But here are some interesting facts about hidden ways to reduce the debt, and its real impact.

Europe is drifting apart into two groups:  high risk and low risk countries.  The greatest challenge for the future survival of Europe in current form will be finding a way to bridge the gap between them.