On PR Newswire: TIME Names POY, 2020 Economic Outlooks, Top Travel Destinations for 2020
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
On Dec. 11, TIME named Greta Thunberg the 2019 Person of the Year. TIME Editor-in-Chief and CEO Edward Felsenthal wrote, “Meaningful change rarely happens without the galvanizing force of influential individuals, and in 2019, the earth’s existential crisis found one in Greta Thunberg… Thunberg has become the biggest voice on the biggest issue facing the planet — and the avatar of a broader generational shift in our culture that is playing out everywhere from the campuses of Hong Kong to the halls of Congress in Washington… this was the year the climate crisis went from behind the curtain to center stage, from ambient political noise to squarely on the world’s agenda, and no one did more to make that happen than Thunberg… For sounding the alarm about humanity’s predatory relationship with the only home we have, for bringing to a fragmented world a voice that transcends backgrounds and borders, for showing us all what it might look like when a new generation leads, Greta Thunberg is TIME’s 2019 Person of the Year.”
Vanguard released on Dec. 6 its comprehensive outlook and analysis on the global economy and financial markets. With ongoing trade tensions, geopolitical uncertainty, and unpredictable policymaking becoming the new normal, Vanguard expects U.S. growth to decelerate below trend to around 1% in 2020, with the risk of recession still elevated.
Economic growth in the U.S. will continue in 2020, say the nation’s purchasing and supply management executives in the December 2019 Semiannual Economic Forecast. Expectations are for a continuation of the growth that began in mid-2009, as indicated in the monthly ISM Report on Business.
Meredith Corp.’s Travel + Leisure announced on Dec. 9 the 50 Best Places to Travel in 2020, the annual list of the most anticipated places to visit in the year ahead, according to the editors of Travel + Leisure. Now available on TravelandLeisure.com, this year’s global list includes seven destinations across the U.S.
Nestlé announced on Dec. 11 that it has reached an agreement to sell its U.S. ice cream business to Froneri, an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners, for a transaction value of US$4 billion. In 2016, Nestlé and PAI Partners merged Nestlé’s European ice cream business in 20 countries and PAI-owned R&R to create Froneri, one of the world’s largest ice cream companies.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.