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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Featured Sights To See
Jardim Botanico

Jardim Botanico

Rio de Janeiro, Brazil

This botanical garden, that’s the symbol of the suburb it is named after, houses over 5000 species of plant. Designed by order of Prince Regent Dom Joao in 1808, it’s a quiet place on weekdays but busier on weekends when families come and there is an outdoor cafe. Address: Rua Jardim Botanico 920, Jardim Botanico Tel: 2294 9349 Opening Time: 8am-5pm  ...

Tennispalatsi

Tennispalatsi

Helsinki, Finland

This complex is a cultural center located in the Kammpi area of the city center. The place houses a lot of shops, a multi Cineplex called ‘Finkino’, an Art Museum, Tennis Palace and the Museum of Cultures. Tennispalatsi has had a rich history in the sports arena as well. Back in 1938 it was constructed as a center for the Olympic Games held in 1940 and later was the ground for a few basketball gam...

Hanging Gardens

Hanging Gardens

Mumbai, India

This picturesque garden, also named Ferozeshah Mehta Gardens after a famous barrister of the yesteryears, is laid out in terraces on the slopes of Malabar Hill. From atop here, one can enjoy spectacular sunset scenes over the Arabian Sea. A major attraction of the gardens is the several hedges that have been pruned into the shape of animals. There is also a striking flower clock in the middle of t...

What to do with Children in Tow

What to do with Children in Tow

Isfahan, Iran

Isfahan is not a city geared specifically towards children. The air around the city is formal, sober, and one of intellect and reverence rather than frolic and merrymaking. The lack of amusement opportunities within the city is somewhat of a downside when you are bringing along a family with toddlers. The only best place you can take children is probably one of the numerous parks around the city. ...