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The National Council of Forest Research and Development (Ireland) recently announced in their Forestry and Wood December update 2008 that a chemical released by trees can help to cool the planet. Scientists from the UK (Institute for Climate and Atmospheric Science at Leeds University) and Germany have discovered that trees release a chemical that thickens […]

With press speculation that Sterling – Euro exchange rates might reach parity (£1 = €1), what is driving sterling down against the single currency at the moment?   One of the main drivers is interest rates. The Bank of England have cut rates from 5.75% last December, to 2% now. This means that international investors

The northern French city of Lille is using a creative public initiative to help reinvigorate previously downcast neighborhoods. The initiative is called Maisons de Mode, and it is helping the country’s fourth largest metro area to bring new life to older areas of the city with fashion and clothing designers.   One of the new

With the worldwide economic crisis hitting everywhere, the Bank of New Zealand is predicting that the country will lose 32,000 jobs in the tourism sector alone in 2009. The finance sector has already lost 4,600 jobs and the tourism industry has lost over 10,000 this year so far. Additionally, real estate agents have taken a

17/12/08-The United States Federal Reserve Bank cut interest rates to between 0 and .25 percent, a record low. The previous rate was 1.0 percent, and the bank indicated that it was willing to keep rates low for an extended period of time to battle the ongoing recession.   In a statement released at the time

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France is proving to be a true buyers market for overseas investors. The latest project that shows how the French market is changing offers investors extreme value for money. Just minutes from downtown Paris in the beautiful suburb of Bois d’Arcy the development gives 9 year guaranteed rent with 100% finance available. The closing costs

The Canary Islands have launched a £1.26 million European promotional campaign. These gorgous islands off the coast of Africa have long been a popular spot for British holidaymakers and second home owners. The British Embassy calculates that nearly four million Britons visit the islands each year, and 60,000 live there. Much of the income for

The world’s first refrigerated beach is set to be built in Dubai, so now the Emirate can add that to its many architectural wonders. The cooled beach will allow visitors to enjoy the waters off Dubai without having to worry about the hot sand. It is to be constructed next to the Palazzo Versace hotel,

The International Monetary Fund recently reduced its 2009 growth forecast for Bulgaria to 2 percent. That’s a significant reduction from an earlier prediction of 6.3 percent growth for the country’s economy and is a result of the global economic crisis.   “The world economy is slowing and this will have two effects on Bulgaria: lower