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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Parc Sinbad

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Located in Grand Casablanca, Sindbad Amusement Park attracts hordes of tourists and locals who come here to enjoy rides and games.  Some of the attractions are the whirling carousels, dizzying dodgems, slides and paddle boats. The giant statue of Sinbad staring down at visitors with a deep mysterious gaze is another interesting feature. Address: Grand Casablanca, near Ain Diab Resort           ...

Acropolium

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O2 Arena

O2 Arena

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Lucerna Passage

Lucerna Passage

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