General Travel News

Debt Worries Cloud Global Holiday Mood

Investors enjoyed one of the most successful years for the world’s stocks in the last twenty years, but now persistent concerns about sovereign and related debt from the Middle East and Latin America will keep them busy into 2010.  Going into the holiday season, investors must be aware of credit rating downgrades and their effect on asset prices, as thin liquidity aggravates market movement.   

Two credit agencies downgraded Greece because of concerns over its fiscal health. Standard & Poor’s cut Mexico’s credit rating by one notch this week.  Britain’s economic and fiscal health continues to worry investors as the Sterling hit a two month low against the dollar this week. Bob Burnett, head of European Equities and fund manager at Neptune Investment Management said “Government spending has been the major driver of global growth in 2009, and the capital markets’ challenge to this is a concern.”
 

More General Travel News
Family summer holiday destinations
3 amazing honeymoon destinations
Dusit Thani Abu Dhabi becomes “Official Hotel Partner” of Abu Dhabi Summer Season 2017
Latest Travel News
Family summer holiday destinations...
Iconic Sheraton Cairo reopens after exte...
Qatar Airways launches direct flights to...
Featured Sights To See
Aqua Park

Aqua Park

Tashkent, Uzbekistan

The water park has several pools, one with a wave machine, different types of slides. Well worth a few hours in the hot weather. It is advised to take your own footwear as the paths to get really hut during the summers. There is a restaurant and lots if bars inside. Adult 7000 Sum, Child 4000 Sum for 3 hours   Location: Aqua Park, Amir Temur road, near TV Tower....

Bata Shoe Museum

Bata Shoe Museum

Toronto, Canada

Anyone with a shoe fetish will love this museum, which showcases the Bata family's 10,000-item collection. From the outside, the museum looks like a quirky shoebox. The main gallery outlines the history of footwear- ‘All about shoes’. The galleries house everything from 17th century French spiked clogs to crush chestnuts, to Elton John’s foot-high platforms. The galleries on the second floor conti...

El Rastro Market

El Rastro Market

Madrid, Spain

This colourful Sunday flea market is a must visit for its variety of items including souvenirs and bargain priced treasures. The ambiance is full of vibrant, local charm and has a lot to offer visitors in terms of eating and shopping. The real flavor of Madrid unfolds here.   Calle Ribera de los Curtidores, Lavapies Timings: Sun 08:00 - 13:00  ...

Champs Elysées and Arc de Triomphe

Champs Elysées and Arc de Triomphe

Paris, France

  “The most beautiful avenue of the world” runs for 2km through Paris’ 8th arrondissement from the Place de la Concorde to the Place Charles de Gaulle and the Arc de Triomphe.  Champs Elysees is French for Elysian Fields, the final resting place of the virtuous in Classical mythology.  It was an important landscaped thoroughfare dating back the seventeenth century.  In...