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Showing posts from May, 2013

NBA Finals, USA

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When? 6th - 20th of June

The most anticipating event for basketball fans and not only takes place in June!
The National Basketball Association (NBA) is the preeminent men's professional basketball league and one of the Big Four major sports leagues in North America. With thirty franchised member clubs, the NBA is widely considered to be the premier men's professional basketball league in the world. It is an active member of USA Basketball (USAB), which is recognized by FIBA (also known as the International Basketball Federation) as the national governing body for basketball in the United States. The NBA is one of the four major North American professional sports leagues. NBA players are the world's best paid sportsmen, by average annual salary per player.

The league was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). The league adopted the name National Basketball Association in 1949 after absorbing the rival National Basketball Le…

Top 10 Destinations of 2013!

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These are the Top 10 Destinations of 2013 as TripAdvisor found based on travellers' choice.

Do you agree with the list?

Facebook: Join us

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We are pleased to inform all readers that Perpetual Traveller now has a Facebook Group.

Everything we consider important for all Travellers to know will also be posted onto Facebook Group page.

To join the Perpetual Traveller Facebook Group simply click this link: Join Facebook Group

For more information

Email: socialmedia@progresshq.com

See you on Facebook!

Chinese tourist swallows a diamond in Sri Lanka

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In case you are tempted to swallow a precious diamond, we recommend you stay away from Sri Lanka!
Recently Sri Lankan police arrested a Chinese tourist, who was suspected of swallowing a diamond worth 10,000 euros at the nation's biggest international gem and jewellery exhibition.

Chow Cheng, 32, is believed to have swallowed the diamond as he inspected it at the exhibition. "His intention was to steal it,"according to the police spokesman. "The X-ray shows the diamond is in his throat."

We are left wondering how the Sri Lankan police managed to get it out of his system!

We all know that there is only one way to do that!!!

Cyprus Financial Crisis: How, When & Why

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The Cypriot financial crisis was generated by the exposure of Cypriot banks to the Greek debt haircut, the downgrading of the Cypriot economy to junk status by international rating agencies and the inability of the government to refund its state expenses.

In September 2011, just 2 months after the Evangelos Florakis Naval Base explosion, the credit rating of Cyprus was downgraded by all major credit rating agencies. Despite Cyprus's population and small economy, the island has a large off-shore banking industry that was shaken to its foundations during the financial turmoil. With a total amount of €19.5 billion, the country was unable to stabilize its banks.

A report published a year ago by a team of 16 Cypriot economists attributes the causes of the crisis to sliding competitiveness and increasing public and private debt that were exacerbated by the banking crisis.
Since January 2012, Cyprus has been relying on a €2.5 billion emergency loan from Russia to cover its budget defici…