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Confidence of Small Manufacturing Companies Remains Consistent With General United States Outlook During Second Quarter 2008

added: 14-10-2008

The Small Business Research Board (SBRB) Manufacturing Industry Small Business Confidence Index (M-SBCI) decreased to 30 during the second quarter of 2008, a decline of 11.66 points (31.3%) from the 43.66 recorded in the first quarter of 2008.

More Money Down Creates Perfect Storm for Auto Industry and Car Shoppers

added: 14-10-2008

Consumers are now making larger down payments for vehicles when car shopping because of the tightening credit crunch. Cash-strapped consumers struggling with the current economic slide are finding it harder to shop for a vehicle because of the larger down payments required.

Survey Shows Employees' Everyday Behavior Puts Sensitive Business Information at Risk

added: 14-10-2008

RSA, The Security Division of EMC announced the findings of its latest insider threat survey, conducted among attendees at industry events in North America and Latin America in the spring and summer of 2008.

EU: Levies For Exceeding Milk Quota Total € 340 million

added: 14-10-2008

Certain Member States face levies totalling just over € 340 million for exceeding their milk quotas during the 2007/2008 marketing year, according to a provisional calculation by the European Commission, based on Member States' annual declarations.

Fitch: Impact of Falling Stock Markets on Japan's Major Banks

added: 14-10-2008

Fitch has issued a special report assessing the impact of falling stock markets on Japan's major banks and concluded that the indirect impact via their stock holdings is now close to the point where their capital ratios may come under pressure.

Electronic Money: Commission Proposes Clear Legal Framework for Innovative Payment Solutions

added: 14-10-2008

The European Commission has put forward a proposal revising the current rules governing the conditions for issuing electronic money in the EU. The proposal follows extensive consultation which showed that the current rules, dating from 2000, have hindered the take-up of the electronic money market, hampering technological innovation. The revised rules will facilitate market entrance for new providers and contribute to develop an industry whose expected volume could reach up to EUR 10 billion by 2012.

Euro Area Investment Fund Statistics in June 2008

added: 14-10-2008

The total assets of euro area investment funds decreased to EUR 5,015 billion at end-June 2008, from EUR 5,161 billion in March 2008.1 This development was mainly due to a fall in the amount outstanding of both securities other than shares, from EUR 1,858 billion to EUR 1,807 billion, and shares and other equity, from EUR 1,670 billion to EUR 1,624 billion.

Financial Institutions on Credit Crisis

added: 13-10-2008

The global financial crisis will lead to radical changes in the structure of the financial services industry with more financial institutions set to fail, according to a survey of financial institutions by international legal practice Norton Rose Group.

Composite Leading Indicators Signal Continued Slowdown in OECD Area

added: 13-10-2008

OECD composite leading indicators (CLIs) for August 2008 indicate a continued weakening outlook for all the major seven economies. The latest data for major non-OECD member economies tentatively point to expansion in Brazil, a downturn in China and Russia and a slowdown in India.

Measures Designed to Address Elevated Pressures in the Short-Term US Dollar Funding Markets

added: 13-10-2008

In order to provide broad access to liquidity and funding to financial institutions, the Bank of England (BoE), the European Central Bank (ECB), the Federal Reserve, the Bank of Japan, and the Swiss National Bank (SNB) are jointly announcing further measures to improve liquidity in short-term US dollar funding markets.

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