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“There are,’’ the Bank of England warns, “more consequences from falling prices than meets the eye.’’What could be so bad about lower prices? It is only now emerging from decades of falling prices that began with the collapse of its property and financial markets in the early 1990s. Mainly because falling prices tend to discourage consumers from spending. Why buy now, after all, if you can purchase what you want — cars, furniture, appliances, vacations — at a lower price later? If consumers were to pull back, en masse, to await lower prices, businesses would face intense pressure to cut prices even more to try to jump-start sales.

Persons: they're, that's, what's, Joe Biden's, ’ ’ Lisa Cook, “, United States hasn’t, Tom Krisher Organizations: WASHINGTON, Federal Reserve's Board of Governors, Bank of England, United, España, Unemployed, Bank of Japan, Fed, Bank for International, AP Locations: America, United States, Japan, Spanish, Detroit

☆ These tourist hot spots are introducing entry fees and price hikes for 2024
▼ + stars: | 2024-03-09 | by ( Maureen Ohare | ) edition.cnn.com time to read: +4 min

See more, pay moreMore and more tourist hot spots are introducing visitor caps and entry fees to prevent overcrowding - and, whaddya know, it gives their coffers a little boost, too. There’s a new $13 charge for climbing Japan’s famous (and congested) Mount Fuji, which follows Japan’s 70% price hike for tourist rail passes. The Louvre art museum in Paris, home to the Mona Lisa, has raised ticket prices by almost a third, ahead of the Paris Olympics this summer. Walt Disney World Resort in Florida has already introduced higher park ticket prices for next year. Some of the lowest single-day, single-park ticket prices have gone up by $10 for 2025.

Persons: whaddya, Mona Lisa, It’s, Walt, Romeo, Juliet, ”, they’d Organizations: CNN, Fuji, Paris, Walt Disney World, Eiffel, United Airlines, Airbus Locations: Paris, London, Thailand, China, Seville, Spain, Louvre, Europe, Asia, Florida, Italian, Trafalgar, Bangkok, Mumbai, Houston, Australian, Lazio, Italy, Arizona, Basilicata, United States

☆ At Flamenco Festival, Molting Into a New Idea of Spanish Dance
▼ + stars: | 2024-03-02 | by ( Marina Harss | ) www.nytimes.com time to read: +1 min

For Olga Pericet, flamenco is an invitation: to play and to explore the limits of her imagination onstage. Pericet, who comes from a family of flamenco dancers and teachers, has a deep respect for the traditions of the form. Over the years the Flamenco Festival, which arrives in New York each spring, has offered a window on its evolution. This year the festival has three dance programs at City Center, beginning March 8, each invoking a range of associations: to past dance forms, to flamenco auteurs, and to the central role of the flamenco guitar. Pericet’s “La Leona,” takes its inspiration from a 19th-century guitar prototype that produced the rich, resonant sound we now associate with flamenco music.

Persons: Olga Pericet, “, ”, Pericet, Quentin Tarantino’s, Martha Graham, Pericet’s “ La Leona Organizations: Flamenco, City Center, Ballet Nacional Locations: Madrid, Roma, Spain, New York

☆ Plaza de Espana: Seville to charge fee for visiting landmark square
▼ + stars: | 2024-02-27 | by ( ) edition.cnn.com time to read: +2 min

CNN —Tourists visiting the southern Spanish city of Seville may soon have to pay a fee to explore the wide, ornate Plaza de Espana square, the city hall said, as part of plans to control tourist overload in a public open space. Although Sanz made clear that local residents would still be allowed free access, many X users, including those from Seville, were quick to criticize the plan. “A tourism tax for ALL visitors provokes less debate and generates more income. Another added: “What people want from you is a tourism tax and general regulation of mass tourism which is destroying our city”. Italy’s lagoon city of Venice will introduce a trial fee from April to limit the number of day trippers.

Persons: Jose Luis Sanz, Sanz, ” Organizations: CNN — Tourists, de Espana, ”, Star Wars Locations: Spanish, Seville, Spain, Italy’s, Venice

☆ 3 Sumptuous Palaces to Explore on Your Spanish Vacation
▼ + stars: | 2024-01-17 | by ( Andrew Ferren | ) www.nytimes.com time to read: +1 min

One of the most important cultural events in Madrid in recent years was the public opening, just before the pandemic, of a collection that had been sitting behind the closed doors of a private palace for about 200 years. The Palacio de Liria, the grand 18th-century home of the Alba family — among Spain’s (and Europe’s) oldest and most storied aristocratic families — is set in a tranquil garden just steps from the bustling Plaza de España in central Madrid. Often compared to the Prado Museum and the Royal Palace of Madrid for the masterpieces it contains and the noble residents who lived there, the house is filled with works by Titian, Rubens, Velázquez, Goya and other artists favored by the Spanish court. There are also vast literary and historic archives, as well as letters written from the Americas by the explorers Columbus, Pizarro and Cortés. Here is a tour of those three sumptuous palaces, along with a stop in the small town of Alba de Tormes.

Persons: Titian, Rubens, Velázquez, Goya, Columbus, Pizarro, Cortés, Carlos Fitz, James Stuart, Alba de Tormes Organizations: Liria, Prado Museum, Casa de Alba Foundation, las, Palacio de Monterrey Locations: Madrid, Alba, Americas, Seville, Salamanca

☆ Fed's Powell: Most US policymakers see two or more rate hikes ahead
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

He noted, as he has, that banking stresses that emerged in March "may well lead" to more tightening in credit conditions than would be expected from rate hikes alone. After 10 straight rate hikes since March 2022, the Fed's policy-setting Federal Open Market Committee earlier this month opted to leave its policy rate unchanged at the 5%-5.25% range. "We made this decision in light of the distance we have come in tightening policy, the uncertain lags in monetary policy, and the potential headwinds from credit tightening," Powell said. Rate hikes to date have slowed business investment and the housing sector, where activity is far below its peak last year even as some indicators have recently turned up, Powell said. "It will take time" for the rest of the economy to feel the full impact of rate hikes to date, he said.

Persons: Dado Ruvic, Jerome Powell, Powell, Ann Saphir, Leslie Adler Organizations: REUTERS, Banco, Espana, Thomson Locations: Madrid

☆ „Simfonia Alpilor”, dirijată de Christian Badea, se aude la Filarmonica „George Enescu” în cadrul stagiunii online
▼ + stars: | 2018-04-27 | by ( Otilia Andrei | ) adevarul.ro time to read: +5 min

Programul Orchestrei simfonice a Filarmonicii „George Enescu”, prezentat pe 27 aprilie 2018, este alcătuit din lucrările Te Deum pentru Maria Tereza de Joseph Haydn, Concertul nr. Solistul concertului de Mozart a fost Martin Owen, cornist recunoscut pe plan internaţional, concermaistru invitat - violonistul David Lefèvre, Corul Filarmonicii „George Enescu” fiind pregătit de Iosif Ion Prunner. La Simfonia Alpilor, solistul Martin Owen se alătură Orchestrei Filarmonicii, în calitate de şef de partidă în orchestră”, a declarat dirijorul Christian Badea. În 2012, Christian Badea a devenit dirijorul principal al Filarmonicii "George Enescu" din Bucureşti şi, în acelaşi an, a înfiinţat Fundaţia Română pentru Excelenţă în Muzică. În Festivalul „George Enescu” 2019 din Bucureşti, a condus Filarmonica din Sankt Petersburg cu Vadim Repin solist.

Persons: George Enescu, Maria Tereza, Joseph Haydn, Wolfgang Amadeus Mozart, Richard Strauss, Mozart, Martin Owen, David Lefèvre, Iosif Ion Prunner, Christian Badea, Leonard Bernstein, Mstislav Rostropovici, Placido Domingo, Renée Fleming, Natalie Dessay, Thomas Hampson, Fundaţie, Turandot, Vadim Repin, Berliner, Schumann, Messiaen, Britten, Elliott Carter, Oliver Knussen, James Bond, Harry Potter, CHRISTIAN BADEA Solist MARTIN OWEN Concertmaistru, DAVID LEFÈVRE, Maria Tereza Wolfgang Amadeus Mozart Organizations: Facebook, Radio România Muzical, Orchestra Simfonică BBC, Royal Academy, Filarmonica, Filarmonicii, Metropolitan Opera, Royal Opera, Carnegie Hall, Muzică, României, Orchestra, Royal Philharmonic Orchestra, BBC, Royal Philharmonic, Ensemble, Barbican, România Muzical Locations: Berlin, Londra, România, New York, Viena, Hall, Tokio, Amsterdam, Buenos Aires, Bucureşti, Muzică Sibiu, Hermannstadt, Sydney, Melbourne, Sankt Petersburg, Nacional, Espana, World, Caraibe

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