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Canada's Mood Goes on Yellow Alert as People Say "Screw You Recession!"

added: 18-03-2009

After hearing the thoughts, worries and feelings of thousands of young Canadians, Virgin Mobile Canada has created the "Mood Meter." Ranging from Red ("Everything Sucks Huge") to Green ("The Recession Ain't Getting Me Down"), this five-stage colour-coded system reads the pulse of Canada's youth and reveals exactly what they're thinking. As of right now, according to the latest research, young Canadians are officially on yellow alert!

Americans Want Government Stimulus for Small Businesses and Entrepreneurship

added: 17-03-2009

Americans want to see more initiatives that aid small businesses, like the $15 billion package unveiled by President Obama Monday, according to a new poll released by the Ewing Marion Kauffman Foundation.

Recession Has No Effect on Mid-Income Retirement Hopes

added: 17-03-2009

The recession has forced nearly two in five (39 percent) Americans to save less for their golden years, but it hasn't changed their perception about whether middle income families can save for retirement.

Drought and Water Overuse in Europe

added: 17-03-2009

From golf courses to books, olive oil to vaccinations, all the goods and services that we rely on, together with many of our daily activities, require a vital resource: water. A new report by the European Environment Agency (EEA) confirms that in many parts of Europe water use is unsustainable and provides recommendations for a new approach to managing water resources.

Wind Energy Gives Europe a Competitive Advantage, Says EU Energy Commissioner

added: 17-03-2009

"Wind energy can replace a large proportion of the polluting and finite fuels we currently rely on," explained Andris Piebalgs, EU Energy Commissioner, at the opening session of the European Wind Energy Conference and Exhibition (EWEC) organised by the European Wind Energy Association (EWEA). "It makes good sense to invest in indigenous sources of power which hedge against unpredictable fossil fuel prices and in which Europe has a real competitive advantage".

Petrodollars go a Long Way in Times of Economic Uncertainties

added: 17-03-2009

After the 2002 surge in oil prices, most oil-exporting countries started setting up dedicated investment funds exclusively for the oil surplus they had earned. They were further encouraged when in 2006, the price of oil increased from an average of $28 per barrel to $80 per barrel.

The Global Recession Is Still Intense

added: 17-03-2009

Since last autumn, 2.5 million have joined the ranks of the unemployed, household wealth has dropped dramatically, confidence hit an all-time low, and GDP fell more sharply than in any two-quarter period in several decades. Will it keep getting worse?

Mortgage Fraud at an All-Time High According to Mortgage Asset Research Institute

added: 17-03-2009

Reported incidents of mortgage fraud in the U.S. are at an all-time high and increased by 26 percent from 2007 to 2008 according to a new report released by the Mortgage Asset Research Institute (MARI®), a LexisNexis® service.

57% of Companies Haven’t Yet Identified Sufficient Cost Savings in 2009

added: 17-03-2009

Archstone Consulting revealed in its annual Cost Management survey that 57% of the companies have not yet identified sufficient savings opportunities to meet the cost reduction targets necessitated by the dramatic economic decline in 2009.

Small Businesses Will Innovate Today to Succeed Tomorrow

added: 17-03-2009

For today’s small business to succeed tomorrow, the ability to innovate will be more than something nice to have, it will be a necessity.

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