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.”
 

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Featured Sights To See
Museum of Science & Industry

Museum of Science & Industry

Chicago, United States

Chicago's Museum of Science and Industry is housed in the Palace of FIne Arts, built for the Columbian Exhibition.  In the 1920s, after the Field Museum moved out, it was decided to convert the magnificent Neoclassical building into a museum dedicated to science and industry.  The museum was bankrolled by Julius Rosenwald of retailer Sears Roebuck.  It has evolved into one of the wo...

The bazaar

The bazaar

Tehran, Iran

itself is a must see for visitors to Tehran, being called the. Even if nothing is actually bought, it is a fascinating place to explore, provided you don’t get lost! There are several entrances, the most impressive being the main one opposite Bank Melli, and the closest metro station in order to get there is the Molavi station. The narrow alleyways contain shops that sell anything you could po...

Sultan’s Armed Forces Museum

Sultan’s Armed Forces Museum

Muscat, Oman

Any tourist visiting Muscat must stop at this fantastic museum, which is located within the 150-year old Bait-al-Falaj fort, the original headquarters for Sultan Said bin Sultan’s armed forces. It displays Omani weapons and armory and also gives tourists an insight into Oman’s history, politics and relations with other international states and powers. All visiting heads of state take a trip to thi...

Alexanderplatz

Alexanderplatz

Berlin, Germany

the largest, and arguably one of the most famous squares in Berlin. It historically had markets so was an important square for many centuries. In World War II, almost all of the area was bombed but it has been beautifully restored. All public transport lines now have stops here and the TV tower rises up from the center. The Fernsehturm (or TV asparagus, as the Berliners call it) is 368m tall and h...