Travel: Going the Expensive Way

The businessman who travels or is as signed abroad these days will likely be dismayed to discover that it costs more to visit or live in a foreign city than ever before. Such is the verdict of the annual survey of 23 cities around the world conducted by London's staid Financial Times. The Times reports that the basic cost of food, clothing, lodging and entertaining has gone up almost everywhere—and suggests a few dos and don'ts for the savvy.

In the past year, the overall cost-of-living index has risen a jarring 35% in Buenos Aires, 10% in Rome, 6% in...

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