In today’s modern society, we assume women have taken more control over their lives than ever before, and the phrase “it’s a man’s world” sounds downright quaint these days. But apparently we’re dead wrong, as some Chinese officials think the concept of “woman power” should be turned into a tourist destination. Yes, Chinese tourism authorities are seeking investment to build a novel concept attraction the world’s first “women’s...
Singapore Market Steady Despite Global Turmoil
May 16, 2008 on 3:18 pm | In Currency |
Although recent credit problems in the US have led to a global market crisis, Singapore remains largely unaffected. The Singapore dollar was weakened briefly on Thursday, only to bounce back again by Friday. As for the foreign exchange markets, Singapore has been watching the unfolding drama with close observation. This is, perhaps, the reason for the city-state’s stable economy. Reports Forbes:
The MAS [Monetary Authority of Singapore] said it ‘has not needed to conduct any extraordinary operations in the markets. However, we stand ready to act if the situation warrants.’
Read more: «www.forbes.com»
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EU and U.S. reach preliminary accord on Atlantic routes »PARIS: The European Union said Friday that it had reached a preliminary agreement with U.S. negotiators to all but eliminate restrictions on trans-Atlantic air routes, marking a significant breakthrough in talks aimed at increasing the number of flights Д and lowering fares. The EUs transport commissioner, Jacques Barrot, said the European Commission had made “decisive progress” in talks with U.S. representatives in Brussels this week toward concluding a hard-fought “open-skies”...