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Swine flu worsens already dire global economic crisis
Many officials fear that the outbreak could be on the verge of a global pandemic Share
Spain’s hotel industry suffers decline
Spain’s second most important industry, the tourism industry suffered a 12 per cent Share
More businesses for sale than ever
As the global crisis affects countries around the world, more and more business owners are throwing in the towel and turning to selling their business. Share
Sol Melia sees 70 per cent drop in profits
Sol Meliá announced results today for the 2008 financial year which reflect the negative impact the global economic crisis is having on the travel industry Share
Tourism Predictions 2009
Stormy weather ahead for the Travel and Tourism industry? What everyone in the tourism industry is asking themselves right about now is: How will tourism in 2009 be affected by the global economic crisis? Share
Spain enters first recession in 15 years
Spain has officially joined the list of nations in recession. Spanish gross domestic product contracted 1.1 percent Share
Spain’s Santander settles $1.8 billion to Madoff Victims
Banco Santander, the largest bank in Spain has offered to pay private banking clients 1.38 billion euros ($1.8 billion dollars) for money lost in the alleged Ponzi scheme of Bernard Madoff. Share
Economic crisis threatens exports and growth
As the global economic crisis takes its toll on countries around the globe. as well as their automakers, banks, construction and property firms, the latest victim of the economic crisis is world trade. Share
2008 a crisis of superlatives, 2009 doomed to follow those steps?
For most citizens around the globe, the year 2008 was a year of record proportions. Unfortunately, the records that were broken were all on the negative side. Share
