Thousands Of Travellers Left Stranded As 178-YO British Travel Giant Thomas Cook Collapses

All is not well in international financial system. Big companies are either selling their businesses of resorting to close them. The latest company to announce its inability to function is 178-year-old British tour operator Thomas Cook.

The travel giant collapsed on Sunday night as its board decided to enter into compulsory liquidation immediately.

Hundreds of thousands of travelers were left stranded around the world as uncertainty gripped their travel plans while also putting at stake the reserved bookings they had priorly made.

REUTERS

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