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
Marshmello, Pitbull, Shaggy and Don Omar perform at the Diriyah Music Festival in Saudi Arabia
Jazeera Airways launches flights to Karachi
Emirates expecting over 500,000 arrivals into Dubai by early September
Latest Travel News
Jazeera Airways launches flights to Kara...
Emirates expecting over 500,000 arrivals...
Kazakhstan's new tourist attraction - fa...
Featured Sights To See
Megarama Cinema

Megarama Cinema

Casablanca, Morocco

Megarama cinemaplex has several theatres showing different films in English, Arabic and French. Address: Boulevard de la Corniche, Ain Diab, 20000 Casablanca Tel: +212 22 79 88 88                    ...

Thanh Ha Communal House

Thanh Ha Communal House

Hanoi, Vietnam

Located on Hang Duong Street in the Old Quarter, the communal house dates back to the 13th century and still functions as a temple, with altars to deities and small shrines in niches on the wall. Address: 38 Hang Duong Street ...

Children’s Museum

Children’s Museum

Helsinki, Finland

This is part of the Helsinki City Museum that holds exhibitions with and for children. To keep them engaged, the Museum holds exhibitions under attractive names like Guinea Pig, where children are told about the animals found in Helsinki. There are colorful displays of cows and fish and children are allowed to have sensory experiences as well, for example they are taught and shown how to milk a co...

Central Park

Central Park

Nairobi, Kenya

is next to the Uhuru Park and again is a large, green, well maintained park. The park also has President Jomo Kenyatta’s memorial. He was the first President of Kenya. ...