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Bulgaria records 3.1% economic growth in 2018
Bulgaria’s economy grew by 3.1 per cent last year, based on preliminary data, the country’s National Statistics Institute (NSI) said on March 7. In real terms, gross domestic product (GDP) in 2018 was 107.9 billion leva in current prices, or 55.2 billion euro. In the fourth quarter, Bulgaria’s economy grew by 0.8 per cent compared to the previous quarter and 3.2 per cent year-on-year. In real terms, GDP in the last three months of 2018 was 29.8 billion leva or 15.2 billion euro. NSI’s preliminary data gave a breakdown by key growth components only for the last quarter of 2018, not the full year. Fourth-quarter figures showed domestic consumption shrink for the first time in four years, on a quarterly basis, declining by 0.1 per cent compared to the previous three months, but was five per cent up on an annual basis. Gross fixed capital formation in the fourth quarter increased by 2.8 per cent and was 6.6 per cent higher on an annual basis. Exports in the fourth quarter rose by 3.1 per cent, while imports increased by 2.4 per cent (year-on-year, exports were 1.4 per cent higher and imports rose by 1.6 per cent). In real terms, the fourth-quarter trade deficit was 641 million leva, but the full-year trade balance showed a surplus of 915 million leva, the equivalent of 0.9 per cent of GDP.   Source:https://sofiaglobe.com/2019/03/07/bulgaria-records-3-1-economic-growth-in-2018/
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Yucatan state government and UNAM promote the creation of the Museum of the Light in Merida-Mexico
Greater scientific knowledge, new cultural space and an additional attraction for tourists that visit Yucatan- is what the new “Museum of Light” represents, a project promoted jointly by the Government of Yucatan and the National Autonomous University of Mexico (UNAM), which will allow the state to have an enclosure unique in its own type, and in a world class level. This new avant-garde site will be built on the grounds of the old railway station of Mérida, better known as “La Plancha”, and will enrich the cultural circuit of the historic center of the Yucatecan capital and regain the attention of locals and tourists to this point of the city that for many years has been condemned to oblivion, turning it into a national reference for cultural tourism. With an investment of US $5 million for its construction, this modern space will present the scientific and technological advances around the luminescence art and offer a site designed to bring knowledge through various interactive activities designed for the delight of people of all ages. During the visit made last February by the Rector of UNAM, Enrique Graue Wiechers, to Mérida, it was announced that the museum will have an area of ​​4,430m2 and will feature dozens of different attractions, such as: six areas of permanent exhibition, a room of temporary exhibitions, an experimental laboratory of science and artistic workshops zone.   Source:https://sipse.com/
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VIDANTA Cruises to set new standard in luxury cruising in Mexico
The Mexican firm Grupo Vidanta has announced its entry into cruising, transforming the industry by bringing new levels of luxury, comfort and exclusivity to the Mexican coastline. “Vidanta Elegant” (Vidanta Cruises´1st ship), will welcome members and guests aboard later this year, with its debut in the fall of 2019. The launch of Vidanta Cruises marks Mexico´s first-ever luxury cruise line. Voyage itineraries are currently being finalized and will provide access to routes that no other line is offering. At 153m long, 15,396 gross tons and 149 luxury staterooms, the ship is also outfitted with: six public decks & dining areas, 11 bars & lounges, an entertainment venue, a full-service spa & fitness center, a top deck pool and several jacuzzis.   The onboard amenities and services will ensure a relaxing and entertaining voyage. The destination excursions will showcase some of Mexico´s best-kept secrets, including unique experiences and explorations of local culture and tradition.   Source:https://www.grupovidanta.com/
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Travel service Rutopía links visitors with Mexican indigenous communities
A new travel company with a social conscience is enabling tourists to have unique and authentic experiences in Mexican indigenous communities, which in turn benefit financially from sharing their cultural and natural wealth. Eighteen months ago, four friends and travel enthusiasts created Rutopía, a social enterprise that arranges trips to 12 different communities in six states. Through Rutopía, foreigners and Mexicans alike can book immersive travel experiences of one to five days in four different destinations in Hidalgo, four in Chiapas, and one in each of the states of Oaxaca, Campeche, Quintana Roo and Michoacán. Among the experiences offered are zip-lining and insect-eating in La Florida-Hidalgo, making the pre-Hispanic beverage of pulque and listening to local legends under the stars in El Almacén-Oaxaca, and swimming in a cenote and wildlife spotting in Uxuxubí-Quintana Roo. The other destinations visitors can choose to visit are: Acaxochitlán, Valle del Mezquital and Santiago de Anay in Hidalgo; Tzimol, Tacaná, Tzizcao and El Triunfo in Chiapas; El Viente in Campeche; and Pátzcuaro Lake in Michoacán. Learning how to make tortillas and mole (traditional dish), collecting and cooking mushrooms and visiting coffee plantations are some of the other activities that visitors can enjoy in the different communities. According to the company, 70% to 80% of the price visitors pay for their trips goes to the hosts in the community while the other 20% to 30% covers Rutopía’s operational costs.     Source:https://www.newsweek.com/topic/mexico  
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New luxury development in Baja California Sur-Mexico
A 360-hectare beachfront property in Los Cabos-Baja California Sur, will be developed as a “luxury mega-project”, the Baja California Sur´s Governor has announced. Consisting of a resort, residential development, marina and golf course, the project is expected to generate yearly revenue of more than US$1.3 billion, directly benefiting the residents. Some 5,000 direct jobs and 10,000 indirect ones will be created around the project development, which will increase Los Cabos´ annual visitor capacity by 5,000. The Governor said that the project will also contribute to improving Los Cabos ranking as a luxury destination. The project´s first phase will be built in six stages and include 14 homes, a pool, a child´s club and a 145-room hotel.   Source:https://mexiconewsdaily.com/news/governor-confirms-new-luxury-development/

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