The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It “seeks to make exchange-rate theory a bit more digestible.” The index compares the relative price worldwide to purchase the Big Mac, a hamburger sold at McDonald’s restaurants. read more…
The Royal Mile (Scottish Gaelic: Am Mìle Rìoghail; Scots: Ryal Mile) is a succession of streets forming the main thoroughfare of the Old Town of the city of Edinburgh in Scotland. The term was first used descriptively in W. M. Gilbert’s Edinburgh in the Nineteenth Century (1901), describing the city “with its Castle and Palace and the royal mile between”, and was further popularised as the title of a guidebook by R. T. Skinner published in 1920, The Royal Mile (Edinburgh) Castle to Holyrood(house). read more…
Long Street is a major street located in the City Bowl section of Cape Town, South Africa. It is famous as a bohemian hang out and the street is lined with many book stores, various ethnic restaurants and bars. Restaurants include African restaurants such as Zula, and Indian restaurants such as Masala Dosa. Long Street exhibits a diversified culture and attracts tourists from all over the world. It also has a number of youth hostels which provide accommodation to an international roster of guests. Several theatres which showed anti-apartheid plays were located on the street during the 1970s and 1980s, although most have now closed and been replaced by restaurants or stores. read more…
The Dong Xuan Center is an Asianwholesale market on Herzbergstrasse in the Berlin district of Lichtenberg in the Lichtenberg district. It was developed from the late 1990s on the former site of Siemens Plania AG, partly using existing industrial and administrative buildings. Expansions and new uses are constantly taking place. The focus is on sales, services and, from 2024, cultural events. The model and namesake of the Berlin Dong Xuan Center is the Dong Xuan Market in Hanoi, which was built in 1889 and is the largest and oldest market in the Vietnamese capital. read more…
