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added: 28-03-2007

East Asia’s growth is expected to slow to 8% in 2007, down from 8.7% a year earlier, largely because of measures by the People’s Republic of China (PRC) to rein in fixed asset investment, according to a major ADB report.

America is Unprepared to Compete in Global Economy?

added: 28-03-2007

56% of U.S. adult workers believe America is unprepared to compete in a global economy according to a new Workplace Insights survey commissioned by Adecco. Further, three-quarters of employed adults (76%) agree that today's U.S. employers do not invest enough in training and development to keep the U.S. workforce competitive with those in other countries.

US: Decline in Consumer Fixed Line Penetration to 74% in 2010

added: 28-03-2007

The US Fixed Telecoms market was worth $117.0 billion at the end of 2006, with 172.2 million total voice connections including VoIP.

Fuel Crisis Has Driven the Commodity That is Uranium up 494 Percent

added: 28-03-2007

At a time when commodities have taken a hefty hit - crude oil has dropped 28.8% from its high on May 2, gold is down more than 25%, and natural gas has corrected 49.5% - one commodity is moving higher by the day.

EC supports new freight transport services to fight road congestion

added: 28-03-2007

The European Commission has published the first call for proposals for the creation of new freight transport services under the second Marco Polo programme. Successful projects should fight congestion on European roads and improve the environmental performance of the freight transport system, two main objectives of the EU transport policy.

European Banks welcome Council Vote on PSD

added: 28-03-2007

Set up in 1960, the European Banking Federation is the voice of the European banking sector, with over 20 000 billion EUR assets and 2.3 million employees in 29 European countries. The FBE represents the interests of almost 5000 European banks: large and small, wholesale and retail, local and cross-border financial institutions.

Visa: Companies to Increase Corporate Payment Card Use

added: 28-03-2007

Visa released a global survey that finds approximately 25 percent of companies plan to increase their use of corporate payment cards and decrease their reliance on checks in the near future. Companies believe that corporate payment cards will reduce costs and enable greater cash flow management as a result of more transparent financial data for payables and receivables, according to the survey that was commissioned by Visa.

India's Economic Growth to Moderate in 2007

added: 28-03-2007

India’s strong growth momentum in 2006 will ensure that its economic expansion stays close to its potential in 2007 and 2008, Asian Development Bank says in a new major report.

Commission adopts implementing rules for European Fisheries Fund

added: 27-03-2007

The European Commission has adopted the rules on the implementation of the European Fisheries Fund (EFF). The purpose of this Commission regulation is to set out in detail how Member States should implement the EFF in line with the priorities laid down in the basic regulation adopted by Council in June 2006.

Payment Services Directive: progress made in ECOFIN Council

added: 27-03-2007

Today finance ministers in the Economic and Financial Affairs Council (ECOFIN), unanimously adopted a general approach on a compromise text for the Payment Services Directive (PSD). The aim of the PSD is to make cross-border payments within the EU – by credit card, debit card, electronic bank transfer, direct debit or any other means – as easy, cheap and secure as domestic payments within one Member State, and to provide the necessary legal foundation to make the Single Euro Payments Area (SEPA) possible.

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