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New EU Rules Crackdown on Misleading Advertising and Aggressive Sales Practices

added: 13-12-2007

Just two weeks before Christmas, sweeping new EU rules to crackdown on misleading advertising and aggressive selling practices - including a ban on fake "free" offers and a ban on "pester power" advertising (direct exhortation) to children on the Internet - will come into force across the EU.

US: Employer Costs for Employee Compensation in September 2007

added: 13-12-2007

Employer costs for employee compensation for civilian workers averaged $28.03 per hour worked in September 2007, the U.S. Department of Labor’s Bureau of Labor Statistics reported.

A Europe-Wide Market in Consumer Credit

added: 12-12-2007

Two out of three Europeans use credit to buy furniture, a washing machine or a car. Yet the market in consumer credit is still a national one. The EP Internal Market and Consumer Protection Committee voted on Monday at second reading on plans to stimulate the European market while still protecting consumers.

US Job Openings and Labor Turnover in October 2007

added: 12-12-2007

On the last business day of October, there were 4.1 million job openings in the United States, and the job openings rate was 2.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The job openings, hires, and total separations rates were all essentially unchanged in October.

Euro Area and EU27 Employment up by 0.3% for the Third Quarter of 2007

added: 12-12-2007

The seasonally adjusted number of persons employed in the euro area (EA13) rose by 0.3% (407 000 persons) during the third quarter of 2007, according to provisional national accounts estimates published by Eurostat, the Statistical Office of the European Communities.

1.1 million electronic equity trades per day on Borsa Italiana and London Stock Exchange in November 2007

added: 12-12-2007

The average daily number of order book trades on the cash markets of Borsa Italiana and the London Stock Exchange increased 69 per cent on the same month last year to a record 1.1 million during November. The average daily value traded also rose, up 50 per cent to £15.1 billion (€21.2 billion). During the month, the total number of order book trades reached 23.2 million and the total value traded was £332.8 billion (€465.8 billion).

72% of Indian People See Their Country as Being a Leading Global Power Ahead of the USA and Other Great Powers in 2020

added: 12-12-2007

Increasing numbers of Indian people are seeing their own country as a future leading global power. In many other parts of the world, people also expect India to be a global player amongst the big powers in a few years.

The Leading Index for Korea Increased 2.3 Percent

added: 12-12-2007

The Conference Board announced that the leading index for Korea increased 2.3 percent and the coincident index increased 0.5 percent in October.

Retail Holiday E-Commerce Spending Hits $4.6 Billion During Week Ending

added: 12-12-2007

comScore, Inc. released an update of holiday season e-commerce spending for the first 39 days (November 1 - December 9) of the November - December 2007 holiday season. Nearly $19 billion has been spent online during the season-to-date, marking an 18-percent gain versus the corresponding days last year.

Call for Greater Flexibility on Lower Rates of VAT

added: 12-12-2007

While supporting the extension of some temporary measures allowing specific Member States to impose lower than standard rates of VAT on certain goods and services, a report adopted by Parliament argues that all Member States should be able to use lower rates, if they wish, for locally supplied services and for basic goods and services where there is a clear social, economic or environmental benefit from doing so.

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