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Asia’s Economic Prowess: How India’s Projected 7.2% Growth Outshines the West

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There’s a positive outlook for Asia’s economic growth, especially when compared to other regions. This optimism is shared by the Reserve Bank of India (RBI), which forecasts a robust growth rate of 7.2% for India in the fiscal year 2025. According to CLSA, the Morgan Stanley Capital International (MSCI) Asia-Pacific index is projected to experience impressive Earnings Per Share growth (EPSg) of 15.0% in 2024 and 11.9% in 2025. In contrast, the MSCI World index, representing global companies, is expected to see more modest growth of 7.9% and 11.9% in 2024 and 2025, respectively. Looking at specific markets, the US (S&P 500) is forecasted to grow by 10.5% in 2024 and 13.1% in 2025. Europe, as represented by the MSCI Europe index, is predicted to decline by 5.2% in 2024 before recovering with an 8.1% increase in 2025. Emerging markets, driven largely by Asian economies, are the standout performers. The MSCI Emerging Markets (MSCI EM) index is expected to surge by 18.1% i...

Time Out: Vietnam Ranks Among World’s Safest Destinations for Solo Female Travelers

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Time Out magazine has recently listed Vietnam as one of the world’s nine safest destinations for solo female travelers , based on an article published by the editor on March 19th, 2024. “When considering the safest destinations for women backpacking in Southeast Asia, Thailand and Vietnam are still vying for the top spot – but Vietnam is a great place to start,” the magazine wrote. Vietnam’s political stability and low crime rates make it an attractive destination for visitors. Visitors can enjoy a tour that spans from the capital city of Hanoi in the north to Ho Chi Minh City in the south, taking in the best of Vietnam’s natural beauty, including mountains, beaches, and islands. The Time Out editors strongly recommend that tourists take the time to visit the historic cities of Hoi An and Hue, which are known for their distinctive traditional cuisine. “I realized that I had nothing to fear about traveling in Vietnam as a solo traveler or as an American. My experience there was n...