Luxury havens abandoned overnight, summer resorts that were the victims of bad business decisions. As summer ends, we look at seven abandoned vacation spots that were once the height of glamor before fading — or rusting — away.
Tag: investors
If you are not a billionaire or a fund, the investment rules of yesteryear apply: gold won’t make you rich overnight and volatile assets like the bitcoin may come crashing down for reasons far beyond your grasp.
Capital flows back into Latin America suggest Brazil’s economic free fall may have stopped.
Empirical research suggests that economic sanctions are at best ineffective and at worst counterproductive. But Russia may yet pay a hefty price for its Ukraine aggression.
Since Crimea became part of Russia, China is the first foreign country looking to invest. In light of Moscow’s standoff with the West, this is about much more than money.
RABAT – Like Asia did in the second half of the 20th century, Africa can move up to the economic big leagues only if it can manage to industrialize and learn to increase its productivity. The future of the continent as a whole, notes economist François Fadi Farra, will not depend on one single economic […]
Every drive a SpinCar or ride an IzzyBike? You probably never will, since both have been unable to raise funds necessary to go to production. The trouble today with *heavy* startups.
A Belgium perspective on the urgent risks that Italy’s economic implosion will spread. France could be next.
LES ECHOS (France) Worldcrunch A study published this week by two economists for the German Bertelsmann Foundation says that if Greece defaults on its debts and leaves the euro zone, it would cost the world’s major economies 17.8 trillion euros by 2020, and cause a severe worldwide depression, reports French business newspaper Les Echos. Greece’s […]