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Fitch: Legacy Asset Plan Positive for U.S. Economic Recovery & Banking System Health

added: 25-03-2009

The Public-Private Investment Program for Legacy Assets should contribute to the U.S. government's broader efforts to stabilize and restructure the financial sector, essential pre-conditions for a sustainable economic recovery over the medium term, according to Fitch Ratings.

Majority of Americans Give President Obama Negative Ratings on His Economic Job Performance

added: 24-03-2009

While a majority of Americans may give President Obama’s overall job performance high marks, the same is not the case for his performance on the economy. A majority of Americans (53%) give his job negative marks while 47% give it positive ratings.

Electricity and Gas Market: MEPs Reach Deal with Council Presidency

added: 24-03-2009

Europe's electricity and gas markets will be further liberalised while the rights of energy consumers are strengthened. MEPs negotiated a compromise with the Czech Presidency on a wide-ranging package of energy market legislation.

EU: New Rules To Improve Credit Rating

added: 24-03-2009

Strict rules to improve transparency and independence of European credit rating were endorsed by the Economic and Monetary Afffairs Committee on Monday.

European Nuclear Market: Frost & Sullivan Foresees Substantial Increase in Orders

added: 24-03-2009

The number of aging power plants in Europe has given rise to an increasing need for the construction of new plants. An estimated 300GW of capacity needs to be added in Europe by 2020. Additionally, the EU Emissions Trading Scheme (EU ETS), emissions regulations will tighten in 2013 as it enters Phase III. Facing these circumstances, nuclear power surfaces as an attractive option in carbon-constrained Europe, and it is expected that nuclear energy will be back on the agenda for many countries which have been quite reluctant to this generating option.

Emerging Markets Drive Mobile Communication

added: 24-03-2009

Worldwide communication in the future will be done through mobile devices. According to TNS Global, 74% of the world’s digital messages were sent through a mobile device in January 2009, a 15% increase over the previous year.

Global Hotel Prices Drop 12%

added: 24-03-2009

The average price of a hotel room around the world fell by 12% last year, according to the latest Hotels.com Hotel Price Index.

Consumers Want Opt-In Choice on Overdraft Coverage

added: 24-03-2009

U.S. consumers overwhelmingly want to be asked their preference before a bank or credit union enrolls them in a program to cover debit card purchases when they do not have the funds, a new Center for Responsible Lending survey finds.

Current Economic Climate Drives Changes in Auto Ownership, Purchase Plans

added: 24-03-2009

One third of consumers plan to purchase another vehicle in the next 12 months; 26 percent predict a vehicle purchase within two years; pent up demand for vehicle sales prevalent. 70 percent of consumers likely to consider used vs. new for next vehicle purchase. 72 percent of consumers would consider a domestic brand as their next vehicle purchase.

Wind Energy Market Expects Rapid Growth in 2009

added: 24-03-2009

Companies involved in the manufacturing and distribution of products related to wind energy are anticipating a banner year for 2009 as a new base of customers inherit the wind as their primary source of energy.

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