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Kashmir To Tourists: Follow Dress Code Or Go Home

Kashmir's Jamaat-e-Islami religious group has issued a strict dress code that it hopes to impose on all incoming tourists. Local officials, however, fear it will hamper the region's efforts to promote itself as a safe and welcoming destination.
ECB President Mario Draghi leaves the European Council headquarters after a night of negotiations at a European Union summit in Brussels

ECB Cuts Interest Rates To Record Low

The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.
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Italian Bond Markets Rally After EU Summit

The Italian bond market rallied on Tuesday as optimism among investors grew in anticipation of further growth measures from European leaders following the EU summit last week.
Ava Virtual Assistant

Beyond Tupac: New Airport Holograms Assist Passengers

When ?Tupac? dazzled audiences at the Coachella music festival earlier this year, it heralded the mainstream arrival of the hologram. Now, so-called virtual assistants are popping up at airports across the globe.
The euro zone has entered a technical recession in the first quarter of 2012, according to Eurocoin

This Time, Spain Won't Be Back In 10 Minutes

Europe's fourth-largest economy is putting millions of people out of work. This time, it won't be back in 10 minutes like the post-it notes of Spanish employees when they leave their desks for a half-hour coffee break every so often.
Spain is the latest victim of the euro zone crisis. Fitch Ratings downgraded 18 Spanish banks on Tuesday.

Euro Zone Unemployment Hit Record High In May, PMI At 3-Year Low

Unemployment in the euro zone rose to a new record high in May, while manufacturing activities fell for the 11th consecutive month in June. The numbers increase the likelihood the European Central Bank will cut its key interest rate when its governing council meets Thursday.

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