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The Conference Board Leading Economic Index for Germany Declined 1.9 Percent in December 2008

added: 19-02-2009

The Conference Board Leading Economic Index for Germany declined 1.9 percent and The Conference Board Coincident Economic Index decreased 0.7 percent in December.

Construction Output Down by 2.2% in the Euro Area in December 2008

added: 18-02-2009

In the construction sector, seasonally adjusted production fell by 2.2% in the euro area (EA15) and by 1.7% in the EU27 in December 2008, compared with the previous month. In November, construction output decreased by 1.7% and 1.1% respectively.

Frost & Sullivan Forecasts Early Rebound: Strong Growth Ahead for Global Economy

added: 18-02-2009

Frost & Sullivan, the Growth Partnership Company, reaffirms its position that the economy is regaining its strength, thanks in part to an unprecedented US $1 trillion stimulus package from the US government and additional stimulus packages from foreign governments.

The Financial Crisis Has Slashed the Banking Industry's Market Value by $5.5 Trillion

added: 18-02-2009

The world's banks have seen their overall market value plummet by $5.5 trillion since the start of the financial crisis, according to a report published by The Boston Consulting Group.

EU Wood Production: Stricter Rules To Keep Illegal Timber Off The EU market

added: 18-02-2009

Stricter rules on timber sold in the EU are needed to combat illegal logging - the main cause of deforestation, said the Environment Committee. And illegal timber suppliers must pay penalties that reflect the degree of environmental and economic damage, it added.

Financial Analysts Issue Dire Predictions For 2009

added: 18-02-2009

Casey Research Chairman and renowned contrarian investor Doug Casey, along with the analysts and editors of Casey Research's Casey Report, issued predictions and analysis of what they see as a Depression, the rise in interest rates, why you should avoid real estate, and the viability of gold in 2009.

EDR Index Shows Commercial Real Estate Plunge Knows No Boundaries

added: 18-02-2009

An already struggling commercial real estate industry took a sharp turn for the worse in the fourth quarter of 2008, according to Environmental Data Resources, Inc.trend data published this week. EDR's ScoreKeeper(TM) index of environmental site assessment volume fell nearly 20 points from 81.3 at the close of the third quarter to only 62.7 by year end, reflecting the weakest quarterly performance of the year. On a monthly basis, the index hit a three-year low in November at 51.7, a drop of 70 points compared to the March 2006 peak of 121.7.

Only One-Fifth of Companies Are Very Ready to Handle Government or Regulatory Investigations

added: 18-02-2009

Even though 24.3 percent feel the risk of a government investigation is higher today than a year ago, only one-fifth (20.8 percent) of executives say their organizations are "very ready" to handle a government or regulatory investigation, according to a recent Deloitte online survey.

Canadians Believe in Their Banks

added: 18-02-2009

These days, it's not easy being a bank. Tight liquidity, large credit write-downs and sagging profitability have plagued the industry across the globe. And of course Canada is not immune to events in the rest of the world. But a new survey compiled by Leger Marketing for PricewaterhouseCoopers LLP (PwC)'s Annual Banking Survey shows that 84% of Canadians feel that Canada has one of the strongest banking systems in the world and 85% have confidence in them.

Food Aid Programme for Europe's Poorest People Set to Expand

added: 18-02-2009

The EU food distribution programme for the most deprived people in Europe must continue within the framework of the CAP, be fully funded by the EU and consist purely of food products of Community origin, says the EP Agriculture Committee.

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