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Gartner Identifies Top 30 Countries for Offshore Services in 2010-2011

added: 21-12-2010

Gartner, Inc. has identified the Top 30 countries for globally sourced activities in 2010-2011, each one rated according to 10 criteria, and found that eight new countries have made their debut in the Top 30. Many organizations that choose to move IT services to lower-cost countries are daunted by the task of determining which country or countries would best host their operations.

Euro Area Balance of Payments: October 2010

added: 21-12-2010

In October 2010 the seasonally adjusted current account of the euro area recorded a deficit of EUR 9.8 billion. In the financial account, combined direct and portfolio investment recorded net inflows of EUR 4 billion (non-seasonally adjusted).

Euro Area External Trade Surplus 5.2 bn euro in October 2010

added: 20-12-2010

The first estimate for the euro area (EA16) trade balance with the rest of the world in October 2010 gave a 5.2 bn euro surplus, compared with +4.8 bn in October 2009. The September 2010 balance was +2.6 bn, compared with +1.4 bn in September 2009. In October 2010 compared with September 2010, seasonally adjusted exports fell by 0.1%, and imports by 1.3%.

J.D. Power and Associates Reports: Strength in December New-Vehicle Retail Sales Expected to Lead to Robust Finish for 2010

added: 20-12-2010

The December new-vehicle retail sales pace is significantly beating expectations, driving a strong close to a challenging year of recovery, according to J.D. Power and Associates, which gathers real-time transaction data from more than 8,900 retail franchisees throughout the United States.

Construction Output Stable in Euro Area in October 2010

added: 20-12-2010

In the construction sector, seasonally adjusted production was stable in the euro area (EA16) and grew by 0.5% in the EU27 in October 2010, compared with the previous month. In September, production fell by 1.6% and 1.2% respectively.

Invest in Youth to Tackle Jobs Crisis, says OECD

added: 20-12-2010

The global economy is recovering but youth unemployment is getting worse, according to a new OECD report.

S&P: US Healthcare Costs Rise 6.70% Over the 12-Months Ending October 2010

added: 20-12-2010

Data released by Standard & Poor's for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of healthcare services covered by commercial insurance and Medicare programs rose 6.70% over the 12-months ending October 2010. This is a deceleration from the 7.08% reported for the 12-months ending in September 2010.

Companies Looking to Reduce Risk in Defined Benefit Plans

added: 20-12-2010

Following the economic crisis, the financial risk implications of defined benefit (DB) plan sponsorship have become the primary pension concern for companies with large U.S. DB plans, according to a joint survey of financial executives conducted by global professional services company Towers Watson and Forbes Insights. To address these issues, many companies are considering changes to settlement options, as well as changes to investment strategy and plan design, both for today and in the future.

Tax Revenues Fall in OECD Countries

added: 19-12-2010

Tax revenues fell in cash terms during 2009 in most OECD countries, driven downward by declining economic activity and tax cuts aimed at cushioning the effects of the recession that followed the financial crisis.

The Conference Board Leading Economic Index® (LEI) for China in October 2010

added: 18-12-2010

The Conference Board Leading Economic Index® (LEI) for China increased 0.9 percent in October to 152.1 (2004 = 100), following a 0.6 percent increase in September and a 0.7 percent increase in August. Five of the six components contributed positively to the index in October.

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