TAG: Tourism

End of an era as Swiss central banker Jordan steps down early

Thomas Jordan is to leave his post at the head of the Swiss National Bank after 12 years, ending an era in which Swiss monetary policy was the subject of something approaching awe around the globe.  “Having met the various challenges of recent years, now...

6 months ago

Intensive pig farming hogs scarce water in drought-hit Catalonia

BARCELONA — In the region of Osona, to the north of Barcelona, there are seven times as many pigs as people.Hectares of pig farms — long, barrack-like brick buildings with half-closed windows — stretch from the roadside into the distance. Metal cylinders...

6 months ago

MC Exclusive: Govt to conduct first ever National Household Travel Survey in 2025

In a bid to track how people commute across the country, the government will be conducting the first ever National Household Travel Survey as part of its 80th round of NSS Surveys, Moneycontrol has learnt.The ministry of statistics and programme implement...

2 months ago

I went to Iceland for a road trip. I left with climate anxiety.

JÖKULSÁRLÓN, Iceland — I feel like I am watching the end of humanity. As gusts of wind and rain sweep across the glacial lake of Jökulsárlón, milk-white and light blue icebergs slowly drift toward the Atlantic Ocean, circled by otters and birds. Crowds of...

1 month ago

Further rate cuts likely but beware of geopolitics, Cypriot bank chief says

The new governor of Cyprus’ central bank sees few obstacles to further rate reductions this year — as long as geopolitics don’t get in the way.“The inflation rate has been declining so monetary policy is being successful, and if the projections of the [Eu...

1 month ago

Panic on the canals: How a battle over wages in Venice highlights the complex reality overlooked by policymakers

Can Europe's firms be trusted to share their profits with the toiling masses?Ask the European Central Bank, and you'll get a resounding yes. In recent months, the Frankfurt-based institution has predicted that companies that have enjoyed bumper gains in t...

1 month ago

Saudi oil giant spends well over a billion on ‘sportswashing,’ new report says

Saudi Arabia is spending more than a billion dollars to sponsor global sporting events as it looks to burnish its reputation and assert itself as a global superpower, according to a new report out Wednesday.The report by think tank New Weather Institute r...

4 weeks ago

Leaked documents: Which EU commissioners have the most property, money and influence

BRUSSELS — Just how squeaky clean are the new team of commissioners hoping to work for Ursula von der Leyen?The European Parliament’s legal affairs committee, known as JURI, is going through the declarations of interest of all top EU officials to find out...

1 week ago

Spain’s explosive growth isn’t losing steam, economy minister says 

Spain’s recipe for rapid economic expansion continues to work, said Economy Minister Carlos Cuerpo in an interview with POLITICO. The country has been among the fastest-growing economies in the eurozone since the pandemic, helped by the boom in ‘revenge’...

6 days ago