Lunch at the Constance Lemuria Resort, The Seychelles
Relais and Chateaux member the Constance Lemuria Resort on Praslin Island in The Seychelles is one of the top hotels that originally won this destination its reputation for luxury, and that includes fine dining.
Our…
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Astrologer Arch Crawford sees crash August through October
The astrologer acknowledged as one of the best financial market timers of the past 30 years is seeing the biggest disruption in the heavens for centuries early next month and running through October.
Arch Crawford…
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Dodd-Frank reforms not exactly a boost to recovery
With the US economy showing signs of slowing down again as the first stimulus package wears off, commentators are beginning to talk about a second package. One thing is for sure, the Dodd-Frank financial sector…
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Fed comments on 5-6 year US recovery send stocks down
It was hardly surprising that the comments in the Beige Book by the Fed that the US recovery may take five to six years contributed to a 2.9 per cent fall in the S&P 500…
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What would JM Keynes think of the economic crisis today?
John Maynard Keynes was the twentieth century’s most influential economist and an intellectual giant during the Great Depression and Second World War. His famous General Theory established that government spending could dig an economy out…
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Hotel Review: Four Seasons, Mahe, The Seychelles
The newest luxury resort on The Seychelles is the Four Seasons on the main island of Mahe, set in a beautiful natural bay with one of this country’s finest beaches, and only four-and-a-half hours from…
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Why Bill Bonner continues to hold gold
Agora Financial founder and highly respected market commentator Bill Bonner is not tempted to sell his gold, despite the worry that deflation might persuade a few investors to sell.
‘If we were speculators, we might…
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No final deal on $23.5bn Dubai debt until the end of Ramadan?
The timeline for a final resolution of the $23.5 billion Dubai World debt restructuring has been put back until the end of August but narrowing Nakheel bond yields suggest investors are very confident about a…
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Destination Report: visit The Seychelles, forget The Maldives
The tourism sensation of the moment is The Maldives. But anybody who has enjoyed these beautiful but pancake-flat and rather limited islands should go a step better and head to The Seychelles, lower down in…
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Beware this seductive mini-rally, US retail sales are down again!
US retail sales fell by a more-than-expected 0.5 per cent in June after a 1.1 per cent fall in May. Auto dealers fared worst, down 2.3 per cent to an annualized 11.1 million vehicle sales,…
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