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Bloomberg PMI Shows Fall in Eurozone Retail Sales, Growth in Food and Drink Sales

added: 28-03-2008

The Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), an indicator based on a mid-month survey of economic conditions in the euro area retail sector and providing data one month ahead of government issued figures, fell to 48.2 in March, down from 52.4 the previous month.

Taxing Imports The Only Way To Get China And Other Nations To Reduce Greenhouse Gas Emissions

added: 28-03-2008

Imposing a carbon tax on Chinese imports may be the only way developed nations will be able to achieve real cuts in global greenhouse gases, finds a new report from CIBC World Markets.

OECD Urges Luxembourg to Introduce Liability of Legal Persons for Foreign Bribery

added: 28-03-2008

Luxembourg urgently needs to establish liability against legal persons for foreign bribery and put in place sanctions that are effective, proportionate and dissuasive, according to a report by the OECD's Working Group on Bribery. The bill currently before Parliament, designed to introduce this responsibility in Luxembourg law, should be amended to ensure that it meets the requirements of the OECD Anti-bribery Convention.

The Conference Board Help-Wanted Advertising Index Dips

added: 28-03-2008

The Conference Board Help-Wanted Advertising Index — a key measure of job offerings in major newspapers across America — dipped one point in February. The Index now stands at 21, down nine points from a year ago.

Xinhua Finance/MNI China Business Survey: Rebounds

added: 28-03-2008

The data, as well as comments from companies that took part in the survey, indicate that Chinese companies have largely recovered from the storms, with indexes measuring production and new orders rising from February levels. The new orders index hit its highest level since October last year.

US Ad Spending Sputters

added: 28-03-2008

Total advertising spending in the US nearly ground to a halt in 2007, growing by just 0.2% compared with 2006, according to TNS Media Intelligence.

US Market Is Down 80

added: 28-03-2008

Dow Jones closed down 120. Two days of 100+ point falls have followed a two day 448 point rise. It was down 128 points at its low and up 54 at its best. The main issue a weak GDP number (but in line with expectations) and financial weakness. Final GDP for Q4 07 +0.6% after 4.9% growth in the previous quarter.

Piracy in India's Entertainment Industry Causes Huge Losses to Economy of India

added: 27-03-2008

The U.S.-India Business Council (USIBC) has released a study showing huge job and revenue losses to the Indian economy as a result of piracy in India's burgeoning entertainment industry.

Fixed Mortgage Rates Still Lower Than Adjustable Rates

added: 27-03-2008

Fixed mortgage rates inched lower over the past week, with the average conforming 30-year fixed mortgage rate now 5.95 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.49 discount and origination points.

Job Outlook Reveals 2008 Graduates Are Optimistic, While Employers Hedge Hiring Expectations

added: 27-03-2008

Employers' entry-level hiring plans remain uncertain amid a national economic slowdown, according to MonsterTRAK's annual nationwide survey of college students, recent graduates and entry-level employers.

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