Tag Archives: recovery

Tourism – 11% of Egypt’s GDP – is on the rise

“No political force, political party, president or government working in a democratic, responsible framework, and therefore accountable to public opinion … could follow policies that harm tourism in Egypt,” he said.

“Four million people work in tourism, while more than 14 million are impacted by it indirectly,” he added, saying Egypt had the potential to achieve, by 2017, tourism revenues of $25 billion, double the figure it earned in 2010, pre-uprising.

Tourism constitutes 11 percent of gross domestic product.

Egypt expects to receive more than 12 million tourists by the end of 2012, a 23 percent rise over the previous year.

Many in the tourism sector fear recovery would be slow if President Mohamed Mursi imposes Islamic strictures on the sector such as banning the skimpy swim wear and alcohol that are a normal part of a beach holiday for many foreign tourists.

The Brotherhood has not indicated it would do either.

 

Source: Yahoo! News - Egypt expects 23 pct more tourists in 2012: minister

 

 

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Housing recovery hits some areas – top growth in U.S. cities

Metros with the Most Construction Permits in 2011

  1. Houston, TX – 31,271
  2. Dallas, TX – 18,686
  3. Washington, DC – 16,501
  4. New York, NY – 13,973
  5. Austin, TX – 10,239
  6. Los Angeles, CA – 9,895
  7. Phoenix, AZ – 9,081
  8. Seattle, WA – 8,664
  9. Atlanta, GA – 8,634
  10. San Antonio, TX – 7,127

More permits were issued in the Houston metro area than in any other metro, by far. Four of the top ten metros were in Texas. But this list is dominated by large metro areas, and we’d expect bigger areas to have more construction activity. Looking instead at the number of permits issued per 1,000 existing housing units…here are the top metro areas by construction activity:

Most Construction Activity (per 1,000 existing units)

  1. El Paso, TX – 15.36
  2. Austin, TX – 14.49
  3. Raleigh, NC – 13.66
  4. Houston, TX – 13.55
  5. Charleston, SC – 12.80
  6. Dallas, TX – 11.26
  7. Little Rock, AR – 10.53
  8. Baton Rouge, LA – 9.51
  9. Washington, DC – 9.44
  10. Columbia, SC – 8.74

via – The Top U.S. Cities for New Home Construction - which includes cities with least construction activity

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Before, after, and a year later – satellite images of the devastation from the Japanese tsunami

On the 1-year anniversary of the earthquake/tsunami that hit Japan, Google Maps updated its imagery all along the coast. This included side-by-side shots of two specific regions, the Shiogama Port and the Sanriku Bridge.

The photos are: years before, days after, one month after, and a year after.

The devastation is incredible, but so is the recovery.

 

Shiogama Port, Miyagi

 

Bridge of Minami Sanriku Town, Miyagi

Trying to foster a recovery in Basking Sharks – the 40-foot docile giants

An electronic ID tag from a rare shark spotted off the (San Diego) county coast in June has popped to the surface near Hawaii, providing local marine researchers with an unprecedented look into the long-distance movements of the second-largest known fish.

“I would characterize it as an avalanche of data,” said Van Sommeran said Monday.

Basking sharks have almost disappeared from the West Coast, but biologists at the National Marine Fisheries Service in La Jolla found two last year and outfitted them with satellite-based tracking devices in hopes of learning more about where they roam.

Agencies in Canada, Mexico and the United States are trying to safeguard basking sharks, which once gathered near the coastline by the hundreds or thousands. In recent years, however, sightings have dwindled and biologists have speculated that as few as 300 swim along the West Coast.

While basking sharks have gaping mouths and can grow up to 40 feet, they aren’t a threat to people. They are filter feeders that consume large volumes of zooplankton.

via Shark’s journey a first for science