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Euro Area External Trade Surplus 6.1 bn euro in October 2007

added: 18-12-2007

The first estimate for the euro area (EA13) trade balance with the rest of the world in October 2007 gave a 6.1 bn euro surplus, compared with +2.4 bn in October 2006. The September 2007 balance was +3.7 bn, compared with +2.3 bn in September 2006. In October 2007 compared with September 2007, seasonally adjusted exports rose by 2.3% and imports by 2.0%.

Investment in the Natural Gas Field is Crucial to the Development of China’s City Gas Industry

added: 18-12-2007

China’s city gas industry has developed rapidly in the past years: for 2005, the popularity rate reached 92%. The output and storage capacity of natural gas was up to 50-60 billion m3 and 8.23 million m3 respectively, and the consumption of natural gas and LPG achieved 17.54 billion m3 and 13.673 million tons separately.

OECD Says Governments Must Help People with Reduced Work Capacity to Get Jobs

added: 18-12-2007

A new OECD report analyses the sickness and disability policies in Australia, Luxembourg, Spain and the United Kingdom. It recommends steps governments should take to reduce the number of people claiming sickness and disability benefits and help beneficiaries back into the labour market.

Over Half of US Businesses Lack a Clear Email Retention Policy

added: 18-12-2007

One year after the launch of the revised Federal Rules of Civil Procedure, more than 65 percent of U.S. businesses remain unprepared to meet strict court requirements for the discovery and handling of electronic evidence.

Slower Pace of Economic Activity is not Resulting in Less Inflation Pressure

added: 18-12-2007

The big news of the week was market's negative reaction to another quarter point cut in short-term interest rates. But the price data later in the week showed that the slower pace of economic activity is not resulting in less inflation pressure. Indeed, the price data showed more life in November than a month earlier. That should not have been a surprise. And it keeps the Federal Reserve from cutting further. But the Fed was quick, along with central banks elsewhere, to pump more money into financial markets in an effort to keep liquidity in credit markets from freezing up.

Three in Five Americans Think the Tax System Benefits the Rich

added: 18-12-2007

Bankrate, Inc. published the findings of a national poll which found that sixty percent of Americans think the tax system is skewed to benefit the rich.

GDP per Inhabitant in the Member States Ranged from 37% to 280% of the EU27 Average in 2006

added: 17-12-2007

GDP per inhabitant in Luxembour2, expressed in terms of purchasing power standard3 (PPS), was more than two-and-a-half times the EU27 average in 2006, while Ireland was nearly 50% above the average.

Encouraging Employment - OECD Countries Balance Benefits, Wages and Taxes

added: 17-12-2007

Faced with labour shortages and pressures on pension funding due to ageing populations, one in three OECD countries has cut unemployment benefits in the last six years with a view to encouraging unemployed people to find jobs, according to a new OECD report.

US Real Earnings in November 2007

added: 17-12-2007

Real average weekly earnings fell by 0.4 percent from October to November after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

US Consumer Price Index in November 2007

added: 17-12-2007

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in November before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The November level of 210.177 (1982-84=100) was 4.3 percent higher than in November 2006.

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