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
Kazakhstan's new tourist attraction - falconry
Summer in Turkey
Taif Season attracts more than 750,000 visitors in first 10 Days
Latest Travel News
Summer in Turkey...
Taif Season attracts more than 750,000 v...
Spend your Eid al Adha break in Ras al K...
Featured Sights To See
Southern Attols

Southern Attols

Maldives, Maldives

This region presently is almost totally untouched and a wonderful place to visit for its peace and quiet. Major development is set to take place here over the next decade to cover all five southern atolls that are currently off-limits to non-permit-holders. Safari boats are regularly exploring dive sites as far south as the Huvadhoo Kandoo (famously known as One-and-a-Half-Degree channel), and sur...

Tashkentland

Tashkentland

Tashkent, Uzbekistan

Tashkentland is an amusement park with rides and games. This is a good place to go to have some fun with friends and family. Location: Near Aqua Park, Tashkent TV Tower. ...

Times Square

Times Square

New York, United States

Times Square is formed by the intersection of Broadway, 7th Avenue, and 42nd Street in Midtown Manhattan and named for the former New York Times Building.  Today it is one of New York’s most iconic locales, but prior to the early 1990s it had a reputation for seediness.  It was not until the area was redeveloped under mayors Dinkins and Giuliani that it turned into the tourist attraction...

Chateau Ramezay Museum

Chateau Ramezay Museum

Montreal, Canada

The Château Ramezay Museum is contained in a historic chateau in Old Montreal.  The building was built in 1705 and served as the residence of the governor of Montreal (Claude de Ramezay).  During the American Revolutionary War, it briefly served as the Canadian headquarters of the Continental Army during the invasion of Canada.  Afterwards it once again became the governor’s residen...