The World Travel & Tourism Council's (WTTC) revised upwards its previous forecasts for the industry reflecting the economic recovery and the faster-than-expected rebound in international travel, particularly in Asian markets.
A beluga whale is the inspiration behind a new concept for a massive luxury yacht and would cost in the range of 200 million US dollars.
The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles. Tuesday morning it was trading at $1,421 an ounce.
Growth rates in the world's developed economies are set to diverge, the OECD said, with the recovery losing steam in France, Brazil, Canada, China, Italy and Britain, but picking up pace in Germany, Japan and the United States.
Scottish farmers have openly expressed their opposition to the ongoing trade talks between the European Union and Mercosur demanding guarantees on human health, animal health and food safety before any additional access for imported products from the South American block is agreed.
Risks are still high that developed nations will face difficulties in rolling over their debt and possibly trigger a crisis the International Monetary Fund said in its “Fiscal Monitor” report released this month.
World Bank President Robert Zoellick has called on bickering G-20 nations to bring gold back into the global monetary system as an anchor to guide currency movements.
Argentine President Cristina Fernández de Kirchner travels Monday to South Korea in order to take part in the Heads of State Group of Twenty (G-20) Summit that will be held Thursday and Friday in Seoul.
Pope Benedict XVI on Sunday consecrated a world monument to family, the Sagrada Familia church, in Spain but faced a gay kiss-in protest before he attacked abortion and defended male-female marriage.
The new Cunard cruise ship ‘Queen Elizabeth’ called into Gibraltar for the first time on Friday. She is scheduled to become a frequent visitor to the Rock returning later this month with more port calls next year.