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WHAT'S NEXT?: Online retailing will be one of the fastest growing channels between 2015 and 2019 as individuals do not have much time for leisure and seek convenience. Entertainment will continue to shift away from traditional broadcast media and print to reality augmented and deeply personalised content. The occupations with the largest new employment growth will be managers, professional and technical jobs, and caring and leisure occupations. Many middle-class professionals will be outsourced to machines within the next few decades leaving workers with more leisure time than they have ever experienced.

[New] Amazon will receive more than 45% of U.S. e-commerce sales dollars in 2021 in three additional categories: other (48.2%), toys / hobby (46.0%) and office equipment / supplies (45.6%). / Chain Store Age
[New] The rules relaxation will accompany Britain's reclassification from 'extremely high risk' to 'very high risk' as infections there dip and vaccination rates soar. / South China Morning Post
[New] Most capacity restrictions will be lifted across New York, New Jersey and Connecticut, while 24-hour subway service will resume in New York City later this month. / CNBC
[New] Indonesia relaxed its fiscal rules for three years from 2020 to allow for bigger government spending amid the coronavirus pandemic, but has vowed to bring fiscal deficits back to under the legal limit of 3% of GDP in 2023. / Nikkei Asia
[New] As more Americans receive vaccinations against Covid-19 and as rules on social distancing are relaxed, people are starting to become more interested in travel and going out to eat, new data on app usage suggest. / WSJ
[New] Global demand for its TVs could slow in the second half of the year, due to a switch of demand from home entertainment to outdoor activities as more countries reach herd immunity as their populations are vaccinated. / AP News
[New] Sage advises that it is a near certainty that countries such as China, where heavy suppression is under way, will experience a second peak once measures are relaxed. / The Sun
[New] Amazon will receive more than 45% of US ecommerce sales dollars in 2021 in three additional categories: other (48.2%), toys / hobby (46.0%), and office equipment / supplies (45.6%). / Insider Intelligence
[New] The investment, via Sport NZ's Disability Plan, will see $2.1 million provided to 15 Parafeds/D - Sport and seven National Disability Sport Organisations over the next three years and $3.6 million for two new contestable disability funds. / The Beehive
[New] Britain's economy is forecast to grow at the fastest rate since the second world war in 2021 after businesses adapted better to coronavirus restrictions and consumer spending booms as lockdown measures are relaxed. / The Guardian
Expect a rebound once regulations relax post-COVID with more blockbuster tours, each playing to more than 5 million people around the world, typically grossing over $600m. / Global Change
Budget 2021 proposes to provide $80 million over two years, starting in 2021-22, to Canadian Heritage to remove barriers to participation in sports programming and to help community organizations kick-start local organized sports that are accessible to all. / BUDGET2017
As people in London, Tel Aviv and New York start to move past the excitement of getting coronavirus jabs and turn their thoughts to booking summer holidays, it might appear for many that the world is at last returning to normal. / The Telegraph
New Mexico Gov. Michelle Lujan Grisham signed legislation Monday legalizing recreational marijuana use within months and kicking off sales in 2022, making it the seventh state since November to put an end to pot prohibition. / Medical Express
We probably will see a step change in business demand by the end of 2021 as the vaccines roll out and businesses relax their restrictions. / Routesonline
Within New York, the legalization of recreational cannabis may provide New York-based banks with some comfort on an intrastate level as there could be some state-based regulatory guidance that may be issued by NYS Department of Financial Services (DFS). / JD Supra
Recreational marijuana sales are expected to eventually generate $350 million in yearly tax revenue and billions of dollars in annual sales. / JD Supra
Under a law signed last month, New York will tax recreational marijuana based on its amount of THC, the main intoxicating chemical in cannabis. / Insurance Journal
Measures such as social distancing and the wearing of face masks could be relaxed when fully vaccinated people meet with other fully vaccinated people. / Stratfor
United Airlines is adding three new leisure services to its international network, which it hopes will cater for US tourists seeking a summer vacation in Europe. / Routesonline

Last updated: 05 May 2021

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