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Working Conditions: Companies Must be Liable for Subcontractors

added: 12-02-2009

Companies must be responsible for the conditions of workers employed by their subcontractors and an EU legal instrument is needed to make sure this is the case say Members of the EP Employment and Social Affairs Committee, referring to the concept of "joint and several liability".

EU: Safer and Easier E-Money Transactions

added: 12-02-2009

E-money services - which store cash in electronic form - should be enhanced by boosting innovation and improving consumer confidence, according to the Economics Committee, which approved an update of the EU legal framework.

Economic Rescue Plans Need EU-Level Coordination

added: 12-02-2009

Stimulating the EU economy and its competitiveness and making financial markets function again are essential to avoid mass unemployment and create new jobs, according to the report drawn up by Elisa Ferreira (PES, PT) on the Commission's European economic recovery plan.

Pew Finds States Using Performance Data to Budget are Saving Money

added: 12-02-2009

As governors and policy leaders put together their budgets this year in the face of serious shortfalls, states that use performance data to make decisions about where to cut and what to keep are saving taxpayer dollars.

US: Major Work Stoppages In 2008

added: 12-02-2009

Major work stoppages idled 72,000 workers for nearly two million workdays in 2008, the U.S. Department of Labor’s Bureau of Labor Statistics reported.

Morpace Reports: Retail Sales Continue Downward Trend

added: 12-02-2009

U.S. consumers, mired in economic uncertainty and fear, have been slicing retail spending. According to new Morpace Omnibus survey information, the specter of continued cutbacks looms ominously on the horizon.

Eurovignette: MEPs Back "Polluter Pays" Principle for Lorry Charges

added: 12-02-2009

Charges on heavy-goods vehicles should be based in part on the air and noise pollution they produce and the congestion they cause, according to legislation approved by the Transport Committee.

China: Producer Price Index for Manufactured Goods Dropped in January 2009

added: 12-02-2009

In January, Producer Price Index (PPI) for manufactured goods was down 3.3 percent year-on-year; purchasing prices for raw material, fuels and power fell 5.3 percent.

Home Buyer Tax Credit Will Create 255,000 Jobs, NAHB Study Shows

added: 12-02-2009

The $15,000 home buyer tax credit, which is an integral part of the economic stimulus legislation adopted by the Senate, will result in nearly 500,000 additional home sales and create 255,000 new jobs in the year ahead, according to research conducted by the National Association of Home Builders (NAHB).

UK Economy Sliding Out of the Global Premier League

added: 12-02-2009

Britain is facing an unprecedented fall in its economic world ranking, according to a newly produced report by country risk specialists Business Monitor International. Ranked by GDP per capita, the UK is set to fall by nine places, from 12th place in 2007 to 21st in 2010.

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