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    • Melia Tortuga Beach Resort has received a We are delighted to announce that Melia Tortuga Beach Resort has received a TripAdvisor Certificate of Excellence award.

      We are delighted to announce that Melia Tortuga Beach Resort has received a TripAdvisor Certificate of Excellence award. The accolade, which honours hospitality excellence, is given only to establishments that consistently achieve outstanding traveller reviews on TripAdvisor.Read More

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    • Hacked AP twitter causes #stock flash crash

      A single tweet, 12 words, from the twitter account of the Associated Press cause stock markets to flash crash. The crash resulted in dumping of $134 billion within minutes. This was determined to be the error of computer bots, programmed to make trades based on news they are consistently scanning for online. That's fiat for you.... http://business.time.com/2013/04/24/how-does-one-fake-tweet-cause-a-stock-market-crash/

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    • Faber: Stocks Are Headed for Correction; The Sooner, the Better

      The stock market is headed for a correction; the only question is timing, says Marc Faber, publisher of the Gloom, Boom & Doom Report. If it happens soon, the downturn can be mild, he tells CNBC. But if it doesn’t come until later in the year after the market has soared to new highs, stocks may suffer a 1987-style crash, Faber says. Major stock indices hit a five-year high Tuesday, with the Standard & Poor’s 500 Index reaching 1,530.94. “I think we have made the top, and it could be a longer-term top,” Faber says. “I don't think the market is as overbought as it was in 1987, so I don't expect a crash.”http://www.moneynews.com/StreetTalk/Faber-stocks-correction-timing/2013/02/24/id/491713?s=al&promo_code=12902-1

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    • WSJ: Bernanke Abdicates World Leadership Role on Currencies

      Central banks around the world are meddling with their currencies through massive easing, none more so than Federal Reserve Chairman Ben Bernanke, according to a Wall Street Journal editorial. “The Fed is supposed to be the steward of the dollar, which is still the world's reserve currency,” Journal editors write. “But since the crisis Mr. Bernanke has all but declared that the rest of the world can take care of itself.” Central banks around the world have had to respond to the Fed’s easing program with easing of their own “to keep their currencies from rising too fast,” the editorial states. “Mr. Bernanke is the band leader in this round of monetary nationalism.”http://www.moneynews.com/FinanceNews/Bernanke-central-banks-leadership-currencies/2013/02/15/id/490552?s=al&promo_code=1276F-1

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    • Putin Turns Black Gold to Bullion as Russia Outbuys World

      When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty.“The more gold a country has, the more sovereignty it will have if there’s a cataclysm with the dollar, the euro, the pound or any other reserve currency,” Evgeny Fedorov, a lawmaker for Putin’s United Russia party in the lower house of parliament, said in a telephone interview in Moscow. http://www.bloomberg.com/news/2013-02-10/putin-turns-black-gold-into-bullion-as-russia-out-buys-world.html

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