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Tourism is one of the sectors most heavily affected by COVID-19. Experts believe that the industry will undergo significant restructuring, with travel abroad giving way to domestic tourism, and trips to places where people dont gather in large numbers becoming more popular. According to Managing Director of the 21st Century Arctic International Union Valery Korovkin, current circumstances offer a chance to develop a new tourist destination. It is an area that has been discussed for a long time, but which little is currently being done to promote. Arctic tourism is a potentially highly profitable business from the perspective of federal and regional budgets, and has long been successfully exploited by other coastal nations.

The publication by the Institute for Complex Strategic Studies (ICSS) provides an analysis of economic indicators of Russian regions over the period from January to September 2019.

In their new report, the International Monetary Fund experts analyze the current state of global economy, give a medium-term growth outlook, review the factors affecting the growth, and suggest actions to be taken to make global economic growth more durable.