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Considers the role of world events in the making travel destinations popular to travelers. Growth in the domestic travel market in North America; Impact of the SARS epidemic on the Asian travel industry; Influence of exchange rate on European sales.

The article reports on global economic expansion and prosperity. The author focuses on the implications of increased integration in world economy in almost all regions of Europe, Asia, and the United States. The effects on the growth of global markets, large economies like China is the main focus as capital flows continue to build up from foreign exchange rates.

This article looks at the latest economic and financial indicators. As expected, America's Federal Reserve left interest rates unchanged at 1.0%. Britain's central bank also met expectations, but by raising its base rate a quarter point, to 4.25%. America's ISM index of manufacturing activity fell slightly in April to 62.4 while the ISM service-industry index rose to 68.4 in April from 65.8 in March, better than expected. Producer prices in the euro area rose by 0.4% in the year to March, down from a rate of 2.4% a year earlier. Oil prices rose to nearly $40 a barrel, the highest level in more than 13 years. Coverage of more statistics on economic forecasts of money and interest rates, market indicies and trade, exchange rates and budgets.

The author claims that Asian central banks have prevented the U.S. dollar from falling even more dramatically than it has in recent months, but warns that Asian banks may seek to diversify their holdings. The dollar did pop up briefly on December 9th, after the Bank of Japan apparently intervened to stop the yen rising, but the Japanese central bank has already spent some $168 billion on dollars this year, and the yen has climbed by 11% against the American currency. Perhaps the yen would have risen by more had the Bank of Japan spent less: this week the euro was up by 42% from its lowest point against the dollar and sterling was at its highest since being ejected from Europe's exchange-rate mechanism in 1992. The dollar has been weakening even as America's economy has been picking up sharply. The health of the economy may now be part of the dollar's problem. Americans save so little that their spending must be financed by foreigners, which is why the country's current-account deficit has been rising so swiftly, to half a trillion dollars or so. Until recently, this foreign investment was largely of a private nature; however, as concerns about the scale of the deficit have mounted, private flows have dried up somewhat and central banks have been topping up the stream. Jim O'Neill, Goldman's chief economist, thinks that central banks will increasingly wake up to the benefits of diversification.

This article explores the popularity of prices of stainless steel from Asia among European buyers in 2010. It partly attributes the trend to the weak value of the U.S. dollar against the Euro. It also notes the move of Asian stainless steel exporters to lower their prices. In addition, the article indicates the widening of the spread between Chinese and European prices.

Reports on the state of the automobile industry in South America, Europe and Asia Pacific as of November 2003. Move of the Group of Seven industrial nations to call for more flexibility on currency exchange rates; Complaints of the U.S. Big Three automobile makers against their Japanese counterparts; Impact of currency issues on the automobile industry.

The article reports on the move of incentive planners to consider the value of the dollar when seeking event destinations. Planners are looking farther for destinations, like those in eastern Europe and Asia, but consultants recommend that they should also negotiate against currency fluctuations when discussing rates with hotels. The effect of exchange rates is still minimal compared with rising hotel and airlift costs but the era when U.S. currency was used easily overseas may have ended.

Reports on the sales performance of Compagnie Financière Richemont in Asia and Europe for the fiscal year ended March 31, 2005. Impact of the average exchange rates between the U.S. dollar and the euro on the company's sales; Financial performance of the company in the U.S. and Japan; Overall retail sales generated by the company.

Provides figures and graphs representing trends in the airline industry. Scheduled airline traffic in the U.S., Europe and Asia Pacific; Jet fuel prices; Top 15 airlines as of January 2004; Exchange rate.