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Chinese Tourists to Australia Reach Record Levels

More Chinese are visiting Australia than ever before, at a time when the Australian tourism industry is seeing a decline in the number of visitors from Europe and North America. The number of Chinese...

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Earnings Preview: Morgan Stanley, Kinder Morgan, Bankinter

Monday the 14th of January, will see several big companies announce their earnings for the Q4 2012. Here’s our run down of the top five earnings reports to watch. Morgan Stanley (NYSE:MS): This is the...

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Hot Air Balloon Explosion in Egypt Kills 18 Tourists

Egypt’s health ministry said on Tuesday that 14 people were killed, two were injured while four went missing in a Luxor hot air balloon explosion on Tuesday, reported the state news agency. A medical...

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Pedestrian Collisions and Tourist Lanes [INFOGRAPH]

A map displaying pedestrian collisions on and around San Pablo Avenue to exemplify the need for a street redesign focusing on traffic calming and pedestrian and bicycle safety. No study has been done...

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China Hard Landing Will Hurt These Countries The Most

China is slowing down as some predicted several years ago. However, the big question now seems to be will it be a hard or soft landing? BAML is out with a new report on which countries will be impacted...

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As Riots Rock Istanbul, The Spell in Turkey is Broken says Burgan

The Spell is Broken… says a large “Turkish research firm, Burgan Securities. Regardless of the correction in global markets — whether the Fed will scale down stimulus measures — TR market has now...

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Turkey: Tourism Another Victim of Police Violence

With the summer vacation season getting underway in Turkey, experts are wondering what the impact of Prime Minister Recep Tayyip Erdogan’s crackdown on Gezi Park protesters will be on the Turkey’s...

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Egypt, Oil and the Middle East Supply Fallacy

By EconMatters Egypt: It`s Jobs Stupid…..A couple of weeks ago Egypt demonstrations led to the Mursi administration being removed from office, who was elected from the last set of demonstrations. What...

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Mohamed Morsi Protesters Threatened by Army After Violence

The Egyptian government decided on Wednesday to put an end to sit-ins held by supporters of ousted President Mohamed Morsi, reported the state news agency. The cabinet has decided "to confront the...

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Shark Sightings Boost Tourism Business In Cape Cod

Tourists are flocking to the Cape Cod in large numbers to catch a glimpse of the great white sharks. It has stirred a buying frenzy in the town of Chatham. Merchants have seen about 500% rise in the...

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Shark Sightings and Tourism Profitable But Risky Business

With “Shark Week” on cable TV in full swing, generating record ratings, shark tourism draws record interest. Florida Air Tours owner ears a consistent request for shark sightings As owner of Florida...

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The Economic Impact of the 2014 US Open [INFOGRAPHIC]

It’s that time of year again when the Big Apple plays host to the violent grunts of the world’s best tennis players and boisterous cheers from less-than-muted spectators. And it seems only yesterday...

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Total Economic Costs of Ebola Easily Top $30 Billion

The 2014 West African Ebola epidemic has already resulted in at least 5000 deaths, with most experts believing this number is a very conservative estimate. Thousands more are currently ill with the...

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The Economic Impact of Tourism by Country, State [INFOGRAPHIC]

Over the last 30 years, the price of airfare has fallen over 50%. It goes to show, since airlines have lost money every other year since 1981. The tourism industry bled $51 billion in the 10 year span...

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Newspapers Condone Swiss National Bank’s Decision

Newspapers Condone Swiss National Bank’s Decision by Jeannie Wurz, swissinfo.ch The Swiss National Bank’s decision on Thursday to do away with a lower limit of CHF1.20 on the exchange rate for the euro...

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Experts Expect Swiss Recession Because Of Rising Franc

Experts expect Swiss recession because of rising franc Basel, Switzerland (dpa) – The further strengthening of the Swiss franc could push Switzerland into a short recession this year, leading...

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California Here We Come: Chinese

California here we come: Chinese Tourism from China to Los Angeles has nearly quadrupled in the past four years, making the country the largest overseas market for the city’s tourism. The number grew...

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Tourists Terrified As Glass Walkway 3,540 Feet Above Ground In China Cracks

The newly opened glass-bottomed walkway suspended over a canyon in central China cracked today after someone dropped what is believed to be a stainless steel mug. Stop the thrill-seeking? It’s...

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Go To Russia And Turn Your Selfie Stick Into A Weapon?

Falling under that neat umbrella of “Only in Russia,” a company has opened a studio to teach the art of self defense with no more than a selfie stick. Finally, a proper excuse for a selfie stick I’m...

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Luxury Sector Continues To Underperform On Sales, Closures Likely: BAML

Now that third quarter earnings season is mostly in the books, we’ve seen a few key trends emerge one of which involves the Luxury Sector. Luxury brands like Nordstrom’s demonstrated major...

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