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What the financial meltdown means for the future of globalization

There's been a lot of chatter recently over what the global financial crisis and impending recession means for the future of globalization. You see, critics have latched onto the recent failures of markets as the perfect argument for why we need to ...

See the financial crisis on this unusual Wall Street tour

It's rare that you get a guided tour through still unfolding carnage. Imagine walking through Aceh right after the tsunami or New Orleans while the rains from Katrina still fell. Lower Manhattan's financial crisis tour doesn't involve as much bad ...

In the financial crisis, is Europe becoming cheaper for American travelers?

If one can justify talking about an upside to the financial crisis, it's that the dollar has strengthened considerably against both the euro and the British pound recently. That translates to this: Europe has become cheaper for Americans than it was ...

Iceland ditches McDonald's

It's been a tough year for Iceland. Thanks to foreign money, crazy lending and borrowing practices and a real estate bubble that amazed the world as it grew and when it popped, the small northern country has suffered severely through the global ...

Skiers eager to return to Colorado slopes

The travel market may be in the tank, but things are looking good for Vail Resorts. Season passes for their slopes were up 13 percent last month. Sure, some of the deals have probably helped, but the market has definitely changed over the past year. ...

Dim Sum Dialogues: Kowloon Walled City

Today, it's one of the most peaceful locations in the city. The gardens are beautifully landscaped and connected by long, low archways that are remnant of the Qing Dynasty's architecture. There are ponds, waterfalls, dragonflies; everything you ...

Financial trouble at British Airways could lead to strike

Anyone following the travel news knows the airlines are in trouble. Well, it appears some airlines may be in more trouble than expected. British Airways announced that in the first half of its 2009 financial year it suffered a loss of £292 ...

International Travel On Way Up

An interesting article in USA Today about how the weakened US dollar has actually been a boon to travel to some foreign locales. The fact is that the dollar has lost nearly 30% of its value against the euro over the past two years, making the ...

So what's up with Iceland's 'national bankruptcy'? A possible explanation

Hidden far away in the North Atlantic, Iceland may seem like one of the last outposts for globalization to reach. One economist stressed that a century ago, Iceland was essentially Ghana in terms of economic development. And even as late as the ...

Millionaire computer game designer blasts off to space

I know the credit crisis seems to be fueling fear by the day, but enough to send a millionaire looking to escape to space? Well, that's just what 47-year-old Richard Garriott has done, blasting off in Kazakhstan this weekend, along with another ...

Norway world's best place to live

I'm not sure if everybody wants to live in Norway, but it's certainly at the top of the global list. The United Nations Development Program determined this based on data GDP, education and life expectancy – among other metrics – to find ...

Amtrak traffic down - but last year was a record

Ridership on Amtrak fell by more than a million passengers since last year. Now, we could turn around and blame the financial crisis, talk about a decline in travel and so on, but to be fair, 2008 was the best year in the railroad's history for ...

Berlin brothel to bikers: ride up and save!

digg_url = 'http://digg.com/odd_stuff/Brothel_In_Berlin_Gives_Rebate_On_Sex_If_You_Come_On_Bike'; The travel and hospitality industry has tried so many ways to go green – from trying to wash fewer sheets and towels to using organic products ...

Flexjet cards moving, as even the rich feel the sting

The days of the private jet may be over – or at least put off for a while – but those with means are still doing all they can to avoid commercial flights. Fuel prices have come down over the past year, but it still costs a bundle to put a ...

Delaware museum exhibits copy of famous art

The Delaware Art Museum is proud to exhibit a copy of the Mona Lisa. So, if a trip to the Louvre is not in your budget this year, consider Wilmington. You can enjoy the lovely smile of Leonardo da Vinci's Norwegian artist Tor Egil Hansen's ...

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