News

Italy’s national flag airline, Alitalia, begins 2009 with a new set of owners and a slimmed-down workforce. The bankrupt airline, which some had expected to simply disappear, was sold in December, 2008 by the Italian government to a €1.052 deal to the Italian Air Company. In January, Air France-KLM purchased a 25 percent stake in […]

A new, state of the art film studio is under construction in South Africa, and it is hoped to draw increasing numbers of actors, producers and directors to the country to shoot their movies. Cape Town Studios is being constructed 25 kilometers east of Cape Town on 200 hectares of ground near lush vineyards. The

The government of Poland has revised its growth forecast downward for the 2009 year, but it still expects the economy to grow throughout the year. The finance ministry has updated its estimated growth rate to 3.8 percent for the year, which is still much faster than the European Union as a whole.   “In 2009,

The Abu Dhabi Golf Championship takes place this weekend, January 15 – 18, 2009 at the Abu Dhabi Golf Club. This will be the fourth annual Championship, which is part of the PGA European Tour. Germany’s Martin Kaymer is the defending champion, having won his first tour title last year over Henrik Stenson and Lee

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The property market in Thailand is, like real estate in much of the world, experiencing a slowdown. According to real estate company CB Richard Ellis, the slowdown in Thailand will continue at least through 2009 and probably into 2010. Recently released research from the firm indicates that transactions were down in the final quarter of

The German government recently agreed to an economic stimulus package worth an estimated €50 billion. The package includes investments in public infrastructure projects as well as tax relief, according to news reports. The government had previously passed a €23 billion plan, which many in Germany and across Europe thought was too small.   “All in

Star Island is a 35 acre cay in the Bahamas that plans to be an eco-friendly resort with waterfront estates, a boutique hotel and a deep water marina. STAR stands for Sustainable Terrain and Resources and the resort is slated to be the world’s first sustainable, carbon neutral luxury resort.   There are 45 waterfront

Moroccan food is experiencing a worldwide boom in popularity and it has become one of the most popular tastes in the US and around the world these days. This popularity has led to an increase in interest in the ancient food capital of the country, Marrakesh.   Food tours and interest in Moroccan property are

Doha, Qatar is becoming known as the art capital of the Middle East. It has recently seen the opening of the Museum of Islamic Art, designed by I.M. Pei, which houses the largest collection of Islamic art and artifacts anywhere in the world. There are also a number of art galleries, the recently revived Souq