Mayan Apocalypse triggers panic across the globe
As December 21 gets closer and closer, people’s fears about a possible doomsday grow. Many believe that with the end of the Mayan calendar...
World’s greatest brands revealed at “Travel Oscars”
World Travel Awards (WTA) has capped its year-long search for the most popular travel and tourism brands in the world with its glittering Grand...
Hedge Funds post November Gains as Fiscal Cliff Looms
Relative Value, Event Driven leads gains on M&A and special dividends;
HFRI Fund Weighted Composite Index posts 5th gain in 6 months
Hedge funds posted gains...
Airlines to Welcome 3.6 Billion Passengers in 2016
China Accounts for Nearly One in Four Additional Passengers
The International Air Transport Association (IATA) released an industry traffic forecast showing that airlines expect to...
Global Recession Risk Rises
Recently, the fiscal cliff is one of the most discussed issues in regards to global economic developments. Its impact on international financial markets is...
The fiscal cliff is inevitable, what to expect?
Following prolonged automatic budget fixes, the celebration of 2013 it is expected to come along with enormous tax increase and huge spending cuts in...
Asia is the driving force in global tourism
Asia continues to be the driving force in global tourism. According to the latest ITB World Travel Trends Report, this year the number of...
Global Economic Outlook 2013
The global economy still hasn’t stepped back on track after the financial crisis that erupted in 2008. In 2012, the global growth descends to almost 3%. This...
Major Recession in 2013, Morgan Stanley
According to Morgan Stanley, the global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013. The global financial...
London the top city in Europe for international retailers
According to new “Destination Europe 2013” report by Jones Lang LaSalle
Leading city: London ranked 1st, Paris 2nd and Moscow 3rd – but Moscow is...
Optimism outweighs fears of Fiscal Cliff
Signs That Great Rotation out of Bonds Into Equities Is Starting
Confidence in the outlook for China’s economy has surged to a three-year high, underpinning...
Where Now for China’s Gold Market?
The latest from the London Bullion Market Association conference in Hong Kong...
The annual conference of the London Bullion Market Association – the "premier professional...
Middle East luxury spending on the rise; Dubai ranked first
Qatari residents are biggest spenders on luxury
Fashion accessories, cars and high-end electronic goods are preferred luxury purchases in 2012
Quality is the biggest factor in...
EU growth concerns send riskier assets tumbling
Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the...
HH Sheikh Mohammed invited to attend World Economic Forum
The Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has received an official invitation to...
MENA economic growth up at 5.1 percent in 2012, IMF
The economic outlook for the Middle East and North Africa region is mixed. Most of the region’s oil-exporting countries are growing at healthy rates...
What is Fiscal Cliff? Everything You Need To Know
Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors.
What does the fiscal...
A Train Wreck in the Bond Markets
Why investors, fearful of currency depreciation, have turned to gold...
NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro.
Well,...