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.”
The Mary, Queen of the World Cathedral is the second largest church in Montreal. It was built amid controversy starting in 1875 and lasting until 1894. The process was not without controversy – the site of the church was in a predominantly English-speaking and Anglican neighborhood. It was a long walk from the church’s French-speaking, Catholic congregation. Originally call...
Irma Stern is arguably South Africa’s most celebrated artist. The museum opened in her house pays homage to her by exhibiting her work depicting African people and their lives the continent over, and her collection of African artifacts from the same region. Timings: Tues- Sat 10 A.M- 5 P.M Admission: R 10 Address: Cecil Road, Rosebank Tel: 021-685-5686 ...
Midan Tahrir is the center of modern Cairo. It's a place where several popular landmarks (the Egyptian Museum, the American University in Cairo, the Arab League and the Hilton and Intercontinental Hotels) are located and where congested traffic and un-pedestrian-friendly drivers may alarm the timid tourist. Yet, the hustle and bustle of the square is still interesting and soulful enough because of...
This too is a private collection consisting of art dating from the Cycladic Era to the Roman times. The emphasis is on the time period of 3000B.C to 2000 B.C. There are over 200 exhibits ranging from marble statues to marble figurines to pottery. Timings: Daily [except Tuesday and Sunday] Address: Neofytou Douka 4 Admission Tel: 210-722-8321 Website: www.cycladic.gr ...