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Decrease in Demand for Temporary Workers in 2007 Fourth Quarter

added: 09-10-2007

Demand for temporary workers in the United States for the fourth quarter of 2007 is expected to fall approximately 3.9 percent over the same period in 2006, according to the newly launched Palmer Forecast.

China Vehicle Market Grew 26 Percent in 2007

added: 09-10-2007

The passenger vehicle market in China grew 26 percent in the first half of 2007 according to data released by R. L. Polk & Co. (Polk). Excluding vans and pick-up trucks, Polk forecasts an annual total registration volume of 4.7 million passenger vehicles by the end of 2007. The market's annual growth rate has been above 20 percent since 2004.

APR Often Misleads Borrowers into Costlier Mortgage Loans

added: 09-10-2007

Borrowers who shop for mortgages based on the loan's annual percentage rate (APR) often choose costlier mortgage loans without ever knowing it. Using APR as a determining factor when selecting a loan is actually a very poor and unreliable way to comparison shop for the best mortgage, and often leads borrowers into making very costly mistakes.

Emerging and Developed World Equity Markets Ignore August Volatility

added: 09-10-2007

Standard & Poor's announced that the world's emerging and developed equity markets overcame a turbulent August to produce stellar results for the third quarter. According to Standard & Poor's global stock market review, The World By Numbers, emerging equity markets rose 11.03% during the third quarter of this year versus a 4.55% increase for developed equity markets.

Global GDP Growth 0.75% Lower Following Credit Squeeze

added: 09-10-2007

Fitch Ratings has said that average economic growth in the advanced industrialised economies in 2008 will be 0.75% lower than previously forecast, as a result of tighter global credit conditions following this summer's market turmoil and a broadening of the slowdown in US demand beyond the housing market.

Major German Banks on Firm Ground in a Turbulent Environment

added: 09-10-2007

Fitch says in a special report that Germany's major banks' are well positioned to withstand the current market turbulences, while growth in operating profit is likely to slow down.

More than Half of Young Europeans Keen to Start Their Own Business

added: 08-10-2007

According to the latest Flash Eurobarometer on entrepreneurial mindset the EU is still lagging behind the US, but over half of the EU’s young people find it desirable to become entrepreneurs within the next five years.

Asia's Growth can Provide Economic, Social Benefits to All

added: 08-10-2007

The Asia and Pacific region as a whole is forging ahead on many of the Millennium Development Goals (MDGs), but there is uneven progress within countries and many of the less developed economies need global support to plug some of their key development gaps, says a new report.

US Jobs Back on Track

added: 08-10-2007

It was a record setting day in New York on Friday after stronger than expected jobs growth fueled investor confidence, and raised bets that the economy is not headed for a recession despite the dismal housing market and subprime mortgage meltdown.

EU: Promoting Second Chances for Entrepreneurs

added: 08-10-2007

In the Commission Communication "Overcoming the stigma of business failure – for a second chance policy" the Commission proposes that second chances for entrepreneurs whose business failed in the past are promoted.

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