France is the most visited country in the world. Yet, following the recent Islamic State-motivated attack in Nice, travel stocks dipped considerably. Was the drop a short-term fluke, or will sustained market falls become the new normal in countries targeted by terrorism?
The nature of terrorism is changing. What was once small groups planning “spectacular attacks” like 9/11 is becoming an anyone, anywhere phenomenon. We saw examples of this trend in Nice, and before that in Paris, Brussels, Dhaka, Bangladesh, Istanbul as well as other places that once seemed unlikely targets. Clearly, the response to terrorism can no longer be left only in the hands of police and Special Forces.… Seguir leyendo »