The mega yacht business has been slow since the economy soured, but at least one luxury shipbuilder appears to be betting on a rebound. Belgium-based Emocean Yacht Design is planning an extravagant new mega yacht, which—if built—would be the world's largest vessel of its type. It would also cost in the range of $500 million to $900 million.
Japanese GDP came in at an eye-popping 4.6% annualised rate for the fourth quarter of 2009, but the number could be meaningless. That's because, previously, annualised GDP growth was initially reported as 4.8% for the third quarter of 2009, only to be completely revised down to nothing.
The euro currency is more unpopular in France than ever before, with the majority of people sad about the demise of the French franc, according to an opinion poll published on Tuesday. Eight years after euro notes and coins hit the streets, 69% of French people said that they regretted the passing of the French franc.
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