According to this theory, central banks would not be able to avoid a downturn by heading off a rise in interest rates.

ECONOMIST: The causes of booms and busts

The total number of tourists heading for Mediterranean coastlines is expected to rise to between 235 to 355 million per year by 2025 - roughly double 1990 levels.

BBC: NEWS | Science/Nature | Tourism damaging Med's wetlands

Fear is on the rise and stocks are falling fast, but before heading for the sidelines, take a look at the market internals, which show that the mid-term trend is still bullish.

FORBES: Why Panic Sellers Could Be Sorry

Once yields easily break that level, they may quickly rise above five percent, where they will likely encounter some resistance, before heading significantly higher.

FORBES: End Of Easy Money, Beginning Of A Desolate Future

Khalid's tenure heading NCB led to Saudi government intervention in the affairs of the bank after a catastrophic rise in nonperforming loans, including huge sums to Khalid: The Saudi Public Ownership Fund purchased a 50% stake in the bank in 1999, reducing the family's share to 34%.

FORBES: Banker Khalid Bin Mahfouz is dead at age 60.

Move a station or two beyond, heading counter-clockwise, and the scale of the streets becomes grander, the high-rise apartments more numerous.

BBC: Seeing Tokyo along the Yamanote Line