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Dubrovnik Summer Festival Highlights Croatian Hotspot

The Dubrovnik Summer Festival is holding its 59th annual summer spectacular in the famous Croatian city located on the Dalmatian Coast. This year’s festival, which traditionally showcases music, theatre, dance and folklore of this beautiful old city, began on 10 July and runs through 15 August.   Some of the events and shows include the

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New Thai Resort on Koh Samui

Koh Samui is the third largest island in Thailand and is seeing an influx of international investors, tourists and property seekers looking for their idyllic retreat. One new development that was recently announced and is now under construction is Napa. This new property of individual villas is located above Cheong Mon Beach on Koh Samui’s

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Swedish Banks Going Strong

Two of Sweden’s largest banks and financiers of the Baltic states have reported solid figures for the first half of 2008. Swedbank and SEB both reported healthy profits for the year to date, although they note that credit and inflation issues in the Baltic region remain concerns.   SEB’s operating results were up by 46%

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South Africa Property Sales Down

The most recent survey by South Africa’s Standard Bank officially makes South Africa a buyers market indicating that median prices for homes fell 11.3% in June year on year. The average house price in the country for June, 2008 was R550,000 compared to R620,000 a year earlier.   About the lower sales prices, a Standard Bank spokesperson

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Canadian Economy Remains Strong

The Finance Minister of Canada noted in recent remarks that the Canadian economy remains strong, and he expects it to continue to grow through this year and 2009. Minister Jim Flaherty said in a speech in Calgary that economic fundamentals in the country remain strong despite the problems across the border in the United States.

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