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added: 29-05-2008

Although consumers are reacting to the economic downturn by spending less, this will create more of a hardship for retail stores than for online retail outlets.

US Metropolitan Area Employment and Unemployment in April 2008

added: 29-05-2008

Unemployment rates were higher in April than a year earlier in 261 of the 369 metropolitan areas, lower in 88 areas, and unchanged in 20 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Problems and Fees Drive Decline in Overall Satisfaction With Retail Banks

added: 29-05-2008

Poor problem resolution, long wait times and additional fees all contribute to an overall decline in customer satisfaction with retail banks, according to the J.D. Power and Associates 2008 Retail Banking Satisfaction Study(SM).

S&P/Case-Shiller Home Price Indices: National Trend of Home Price Declines Continued into the First Quarter of 2008

added: 28-05-2008

Data through March 2008, released by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout 2007 and has continued into the first quarter of 2008.

China Consumer Confidence Holds Up in May Despite of the Earthquake Disaster

added: 28-05-2008

Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated today, with the survey results showing that Chinese consumer confidence in May remained unchanged from that in April at 94.9, despite of the serious earthquake disaster which happened in Wenchuan, Sichuan province earlier in the month.

Financial Inclusion – Ensuring Adequate Access to Basic Financial Services

added: 28-05-2008

The study “Financial Services Provision and Prevention of Financial Exclusion” prepared for the European Commission aims at identifying and analysing the most effective policy measures to prevent financial exclusion of people facing poverty or social exclusion.

New EU Study Lifts Lid on Financial Exclusion

added: 28-05-2008

Millions of Europeans face an increased risk of social exclusion through lack of access to basic financial services, according to a new study presented by the European Commission. It reveals that 2 in 10 adults in EU-15 and almost half in EU-10 (47%) do not have a bank account while many more have no savings and lack access to credit.

Euro Area Balance of Payments in March 2008

added: 28-05-2008

In March 2008 the working day and seasonally adjusted current account of the euro area showed a deficit of EUR 15.3 billion. In the financial account, combined direct and portfolio investment showed net outflows of EUR 18 billion.

Brazil must Strengthen Governance to Sustain Long-Term Economic Growth, says OECD

added: 28-05-2008

Brazil should strengthen its institutions and improve the regulations for key sectors, such as electricity, telecommunications and transport, in order to boost its economic growth and the quality and value of core services to its citizens, according to a new OECD report.

Investigate Environmental Risks Of Nord Stream Pipeline

added: 28-05-2008

The planned Nord Stream pipeline under the Baltic Sea is just one of many infrastructure projects needed to meet the EU's growing demand for natural gas. Its likely environmental impact should be carefully investigated, and possible alternative overland routes should be assessed first, says an own-initiative report adopted by the Petitions Committee on Tuesday. MEPs also want the EU to play a bigger role in supervising the project.

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