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Travelers Intend to Keep Traveling in 2009

added: 04-03-2009

Despite the current economic downturn, a majority of travelers surveyed intend to keep traveling in 2009 rather than give up their vacations. TravelMuse, Inc. and other leading travel experts believe consumers will be more value-conscious than ever - but will still assert their right to travel. A recent survey conducted by TravelMuse shows more than 77 percent of respondents plan to cut spending in other areas in order to keep their travel plans in 2009.

Retirement Planning for Wealthy Americans Should Focus on Time Not Money

added: 04-03-2009

Most wealthy Americans would be better served by focusing on time rather than assets in their retirement planning, PNC Wealth Management concluded as the result of its fifth annual Wealth and Values Survey.

30-Year Mortgage Rates Remain Unchanged

added: 04-03-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained steady for the second week at 5.29 percent, up slightly from 5.25 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®.

Better High-Speed Internet Access Needed to Revitalise Europe's Rural Regions

added: 03-03-2009

Connecting the 30% of the EU's rural population that has no high speed internet access should be a priority for achieving 'broadband for all' by 2010, the Commission said. Improved internet connectivity is a powerful tool to stimulate swift economic recovery.

EU Launches Campaign to Tackle Gender Pay Gap

added: 03-03-2009

The European Commission has launched an EU-wide campaign to help tackle the gender pay gap. Across the EU economy, women earn on average 17.4% less than men. The simple concept of 'equal pay for work of equal value' is at the heart of the campaign being launched in the context of International Women's Day on 8 March to raise awareness of the pay gap, its causes, and how to tackle it.

Annual Inflation in OECD Area at 1.3% in January 2009

added: 03-03-2009

Consumer prices in the OECD area rose by 1.3% in the year to January 2009, compared with 1.5% in the year to December. Month-on-month, prices were broadly stable in January, after declining 0.5% in December.

Fitch: German Life Insurers' Outlook Remains Negative

added: 03-03-2009

Fitch Ratings' Outlook for the German life insurance sector remains Negative, according to a special report, despite the relative resilience of the sector when compared with other life insurance markets. The negative outlook reflects Fitch's expectation that the number of rating downgrades will exceed the number of upgrades over the next 12-18 months.

EU: Tobacco Tax Increases

added: 03-03-2009

A gradual increase in minimum tax rates on cigarettes, to at least €1.50 per pack by 2014, and other tobacco products, was backed by the Economic Affairs Committee on Monday, but it advocated smaller increases than those proposed by the Commission.

ING DIRECT Survey: Road to Retirement is Turning into a Road to Nowhere

added: 03-03-2009

The long and winding road to retirement is getting longer and, in some cases, may never end for many Americans, according to a revealing new survey commissioned by ING DIRECT, the nation’s largest direct bank. The survey results reaffirm ING DIRECT’s aggressive effort to help more Americans save responsibly and rebuild their nest egg.

U.S. and U.K. Companies Remain Top Targets For and Leading Acquirers of Emerging Market Companies

added: 03-03-2009

Even in the difficult market, U.S. and U.K. companies remained the most active during the second half of 2008 in merger-and-acquisition deals with emerging and high-growth market companies, according to KPMG International's latest Emerging Markets International Acquisition Tracker study.

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