Word: tourisme
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...Athens needs to lure foreign investors aggressively, which means offering everything from tax breaks to helping investors navigate the bureaucracy associated with setting up shop. "We must transform Greece into a welcome place to do business," says Eurobank's deputy CEO Nikolaos Karamouzis. The potential for future investment - in tourism and renewable energy in particular - is promising. Wind-energy generation alone is expected to increase fivefold in the next decade. "The new Greek government seems determined to push the 'green economy' and is taking measures in the right direction," says George Peristeris, executive chairman of GEK TERNA Group...
...purely on gambling." Citigroup expects the casinos to help push up visitor arrivals to 12.8 million by the end of 2011, roughly a third higher than where they stand today. Says Noel-Johnson, "The biggest winner will be the Singapore government because of the spillover effect on hotels and tourism." Even as the odds appear daunting for its casinos, like any prudent gambler, Singapore has carefully hedged its bets...
...successful, Micronesia will be the first nation to become a wholly protected area, adhering to development and conservation standards designed to safeguard the country's unique culture and rich marine biodiversity and kick-start its placid economy. According to Rice, who once operated an eco-tourism company in the Caribbean, developing high-end eco-tourism is the answer to F.S.M.'s perennial job shortage. Michigan State University (MSU) has already agreed to provide technical expertise for the park, and the National Geographic Society has also issued the project its stamp of approval. This spring, Pohnpei, one of F.S.M.'s four...
...local conservation community also sees the world park as a straight-up tourism initiative backed by foreign researchers out of touch with local values. Though there are state governments, Micronesia's limited land - all 607 small islands comprise only 271 square miles in total - is mostly controlled by family clans, and setting even small patches of it aside has proved problematic in the past. In the early 1990s, the U.S.-based Nature Conservancy tried to survey land in Pohnpei for a proposed watershed-management plan. "We almost got macheted to death," says Bill Raynor, who moved to Pohnpei from California...
...Toyoda - who unconvincingly insisted that he made the second public appearance not because he has come under fire, but because it was his "own way of improving the situation" - delivered the bad news at the Ministry of Land, Infrastructure, Transport and Tourism, where minister Seiji Maehara also learned the chief of the world's largest automobile maker is headed to the U.S. on an apology tour. Maehara has condemned Toyota for being insensitive and slow in responding to domestic consumer complaints - the first report of the brake problems in Japan goes back to July, and 84 had been filed...