Occupancy rates at some Paris hotels have plunged by more than 30 percent in the days since the Nov. 13 terror attacks, according to a company that tracks hotel industry data. STR Global cautioned that its report only represents 37 percent of its monthly sample for Paris hotels, so the data is not definitive. But travel-information company Forward Data SL said...» Read More
LOS ANGELES— Low gas prices were driving more people to hit the road to reach their Thanksgiving celebrations, and airports were bustling Wednesday as travelers flying to meet family and friends braved long lines and fears about terrorism. Pat Flynt had recent terror attacks in Tunisia and Paris in mind as he waited to get through a checkpoint at...
Richard Engel, NBC correspondent, reports on the latest developments from Turkey, where a Russian military jet was shut down for infringing on Turkey's airspace.
Alastair Newton, political analyst at Alavan Business Advisory, says there will either be increased efforts of coordination between all parties, or there will be a standoff.
The Russia-Turkey jet incident should not be a driving force behind investment decisions, says Kerry Craig, global market strategist at JPMorgan Asset Management.
Taner Seben, the Turkish Ambassador to Singapore, shares evidence that the downed Russian jet violated Turkish air space.
If the U.S. or UN mediate between Russia and Turkey, risks of gas pipeline disruptions will lessen, says Sailesh Jha, chief Asia economist at Credit Suisse Private Banking & Wealth Management.
The Russian jet downing led to an unwinding of existing risk trades, says Ray Attrill, co-head of FX strategy at National Australia Bank.
Oil prices rallied nearly 3 percent Tuesday. But over the next year, increases are expected to be more subdued.
Steven Pifer, senior fellow at the Brookings Institution, says there had been the prospect of a Western coalition, including the U.S., France and Russia, undertaking military operations in Syria.
Rodger Shananhan, research fellow at the Lowy Institute for International Policy, says the key issue is that Turkey returns the Russian pilots from the downed jet.
Nov 24- Heightened travel risks stemming from the recent militant attacks in Paris have depressed flight bookings to the French capital and other destinations, sending travel stocks lower as fears grow of a lengthy slump. New flight bookings to Paris, one of the world's most-visited cities, fell 27 percent in the Nov. 14-21 period from a year ago, travel...
*Third major attack in Tunisia this year. Ambulances rushed wounded from the scene and security forces closed off streets around Mohamed V Avenue, one of the main streets in the capital Tunis, where the charred wreckage of the bus lay, not far from the Interior Ministry. It was the third major attack in Tunisia this year, after an Islamist militant killed 38...
"There's a little bit of a tie-up here, but I'm sure once we get going, things will be great," Mark Sullivan said as he waited at New York's Port Authority bus terminal. Though there have been no changes to the nation's terror alert status, the recent attacks in Paris, West Africa and elsewhere prompted the State Department to warn American travelers about the risks...
UBS' Art Cashin says the market could take a tremendous blow if this happens.
*Third major attack in Tunisia this year. Ambulances rushed wounded from the scene and security forces closed off streets around Mohamed V Avenue, one of the major streets in the capital Tunis and where the charred wreckage of the bus lay not far from the interior ministry. It is the third major attack to strike Tunisia this year after a militant killed 38...
President Obama and French President Francois Hollande pledge to broaden the scale of strikes on ISIS in Iraq and Syria.
President Vladimir Putin called Turkey's downing of a Russian fighter jet "a stab in the back" carried out by the accomplices of terrorists.
TUNIS, Nov 24- At least 11 people were killed on Tuesday after an explosion hit a bus carrying Tunisian presidential guards along a major street in the centre of the capital Tunis. Security and presidential sources said the explosion was an attack, adding it was not immediately clear whether it was a bomb or an explosive fired at the bus as it travelled along...
Valentin Marinov, head of G-10 FX research at Credit Agricole, comments on how geopolitical tensions will affect markets and says the Russian plane incident is going to weigh on the Turkish lira.
Turkey confirmed Tuesday that it shot down a Russian warplane, claiming it had violated Turkish airspace and ignored repeated warnings.