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Commission Strategy for Mobile TV in Europe Endorsed by Member States

added: 30-11-2007

The rapid deployment of mobile TV services across Europe has taken a significant step forward as EU Member States endorsed the European Commission three pillar strategy presented in July: putting in place a joint approach to the licensing of mobile TV in order to accelerate the rollout of services and to encourage innovative business models; making available spectrum for these services, possibly in the UHF frequency band; and promoting the use of DVB-H as the mobile TV standard for Europe.

EU27 Surplus in Trade in Services Increased to Nearly 70 bn euro in 2006

added: 29-11-2007

In 2006, EU27 external trade in services recorded a surplus of 68.5 billion euro, an increase compared with 52.9 bn in 2005 and 46.4 bn in 2004.

EU Labour Market Should Reflect a Good Balance of Flexibility and Employment Security

added: 29-11-2007

The European Council should adopt a balanced approach towards flexicurity which should include key principles like adaptable and reliable contracts, investment in lifelong learning, and a core of rights regardless of workers' employment status, says an own-initiative report adopted by the European Parliament.

Euro Retail Sales Down in November, Bloomberg PMI Indicates

added: 29-11-2007

The Bloomberg Eurozone Retail Purchasing Managers' Index , 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 from 48.0 in October to 45.9 in November, signaling a decline in sales for the second consecutive month. Moreover, the latest fall was the second-steepest recorded over the survey's four-year history, exceeded only marginally by the record contraction seen in May 2004 (45.4).

Banks Welcome Revision of EU VAT Regime

added: 29-11-2007

Pensions Market Assessment Report Studies Forth Coming Trends In The UK Pension Market

added: 29-11-2007

Commercial interest in pensions provision is increasingly focused on the management of occupational schemes, personal retirement saving for high-income individuals, and at-retirement and post-retirement products, including annuities. Most individuals are reluctant or unable to save adequately for retirement: three-quarters of those aged 30 and over who are not in defined-benefit pension schemes are not saving enough. Furthermore, defined-benefit schemes are themselves in sharp decline.

US Foreclosure Activity Increases 2 Percent in October 2007

added: 29-11-2007

RealtyTrac, the leading online marketplace for foreclosure properties, released its October 2007 U.S. Foreclosure Market Report, which shows a total of 224,451 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during the month, up 2 percent from the previous month and up 94 percent from October 2006. The national foreclosure rate for the month was one foreclosure filing for every 555 households.

US Metropolitan Area Employment and Unemployment in October 2007

added: 29-11-2007

Unemployment rates were higher in October than a year earlier in 210 of the 369 metropolitan areas, lower in 138 areas, and unchanged in 21 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Americans Have Money to Spend

added: 29-11-2007

Americans Have Money to Spend but economic indicators are down. The Conference Board (CB) issued mixed signals for the economic outlook, particularly the all-important holiday shopping season.

A Dollar Intervention in the Making

added: 29-11-2007

"The dollar has been steadily losing value against the currencies of our major trading partners for the better part of the last five years" - says Adolfo Laurenti, senior economist of Mesirow Financial.

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