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World Travel and Tourism Market will Top $13 trillion by 2017

added: 16-03-2007

According to a study by the World Travel & Tourism Council (WTTC) sponsored by Accenture and prepared by Oxford Economics, the world travel and tourism market will top $13 trillion by 2017, up from $7 trillion in 2007.

Deadline For Chinese Banks On implementation of the Basle II

added: 16-03-2007

Beijing has for first time set a deadline for its implementation of the Basle II accord on banking regulation [which forces banks to improve their ability to identify, measure, price and disclose risk in their lending books], amid growing pressure on Chinese lenders to toughen up their risk management systems.

EU Plans Change To Rules For Aid

added: 16-03-2007

The EU wants to end its practice of targeting development aid at 30 top-performing "donor darlings" by sending more to neglected countries as part of a new code of conduct. The code, presented to EU development ministers in Bonn, would improve coordination and cut waste in spending the region's EUR50 billion ($66 billion) annual aid budget.

RFID strategy for Europe

added: 16-03-2007

Exactly one year after launching an extensive Europe-wide public consultation on radio frequency identification (RFID) tags, the Commission has unveiled today its proposals for an RFID strategy for Europe.

OECD: Farm Support Low in Major Emerging Markets

added: 15-03-2007

Government support to agriculture is far lower in the major emerging economies than on average in the developed countries of the OECD. But it is nevertheless rising as pressure mounts to protect farmers in an increasingly competitive global marketplace, says a new OECD report.

EU annual inflation was 2.1% in February 2007

added: 15-03-2007

Euro area annual inflation was 1.8% in February 2007, unchanged compared with January. A year earlier the rate was 2.3%. Monthly inflation was 0.3% in February 2007. EU annual inflation was 2.1% in February 2007, unchanged compared with January. A year earlier the rate was 2.2%. Monthly inflation was 0.3% in February 2007.

Euro area labour cost up by 2.4%

added: 15-03-2007

Total hourly labour costs in the euro area (EA12) rose at an annual rate of 2.4% in nominal terms in the fourth quarter of 2006, down from 2.5% in the previous quarter. In the EU25 the annual rise was 2.7% in the fourth quarter of 2006, down from 3.0% in the previous quarter.

Today is The World Consumer Day

added: 15-03-2007

Today the European Commissioner for Consumer Affairs, Meglena Kuneva marked World Consumer Day in Berlin, with an appeal for a free and informed debate on consumer rights in the digital world. She said that this debate would touch on fundamental rights at the heart of consumer policy and that it was too important to be left to discussions behind closed doors.

Largest Telecommunications Service Providers for 2006

added: 15-03-2007

The Eastern Management Group announced the release of the names of the World’s 50 Largest Telecommunications Service Providers for 2006.

The Online Shopping in the UK Will Be Worth £4bn in 2007

added: 15-03-2007

The final quarter of the calendar year is the key trading period for the majority of UK retailers. The trends that emerged during Q4 2006 are ones that will influence all retailers in 2007.

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