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
ATM Dubai to launch Holiday Shopper on 27 April 2019
Agoda partners with Saudi Ministry of Hajj to try to attract 30 million pilgrims
UAE carriers join hands to celebrate the legacy of Sheikh Zayed on 47th National Day
Latest Travel News
flydubai will fly to Tashkent from 11 Ma...
ATM Dubai to launch Holiday Shopper on 2...
Agoda partners with Saudi Ministry of ...
Featured Sights To See
The Plaza Italia

The Plaza Italia

Buenos Aires, Argentina

The Plaza Italia is the focal point of the suburb, surrounded by the zoo and the botanic gardens, and holding the monument to Giuseppe Garibaldi As it is the largest barrio in Buenos Aires, there are several sub sections such as Palermo-Viejo, Palermo-Chico, Palermo-SoHo and Palermo-Hollywood.  ...

Museu Nacional d'Art de Catalunya

Museu Nacional d'Art de Catalunya

Barcelona, Spain

The Museu Nacional d'Art de Catalunya is housed in the Palau Nacional, a magnificent showcase of paintings and sculptures from Catalan. ...

The museum of Natural History

The museum of Natural History

Oslo, Norway

This museum is split into multiple sections that chronicle the history of life on Earth. The garden here is breath-taking, and children will enjoy spending time gawking at the dinosaur fossils, gemstones and meteorites contained within the museum. A well-presented display of the evolution of plants is also available for visitors. The museum is open year round has a café. Address: Sars’ Gate/M...

Carthage Museum

Carthage Museum

Tunis, Tunisia

The most extensive collection of Punic and Roman artifacts in housed in the Carthage Museum. From everyday items to kitchen utensils to antique jewelry and the clay masks that the Punic designed, everything that remained after the city was in flames for 17 days has been preserved here at the museum. Tourists are awed by the collection and one can’t help picture the fall of Carthage in 146 BC. ...