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added: 30-06-2009

Fitch Ratings says in a new report that the global economy has likely stopped shrinking and will slowly begin to recover during the second half of this year. However, economic recovery will be anaemic and unemployment will continue to rise through most of next year and, consequently, the world's major central banks are not expected to begin raising policy interest rates until late 2010 at the earliest.

Forrester Updates Outlook For Global And US IT Purchases In 2009

added: 30-06-2009

Global purchases of IT goods and services by businesses and governments in 2009 are projected to decline by 10.6 percent when measured in US dollars, compared with the 3 percent decrease previously projected at the beginning of the year by Forrester Research, Inc..

New Fiscal Year Brings Painful Spending Cuts, Continued Budget Gaps in Almost Every State

added: 30-06-2009

The 2010 fiscal year begins for most states July 1. It brings an austere continuation of recession-driven cuts in essential services and poor prospects for improvement through 2011, according to a series of updated reports on state budget conditions issued by the Center on Budget and Policy Priorities.

Only One-Quarter of Americans Say Banks are Honest and Trustworthy

added: 30-06-2009

Over the past few months, Americans have watched as financial institutions have received government bailouts, or been shut down and have had to close their doors due to the economic crisis. It is perhaps not surprising then that almost three in five Americans (58%) say they do not consider any of nine financial institutions and insurance companies to be honest and trustworthy; that is, they would not believe a statement by someone who works for one of these companies.

Rise in Cyber Crime, Cyber Terrorism and Cyber Espionage Tied Heavily to Data-Stealing Malware

added: 30-06-2009

While the term "data-stealing malware" is a relatively new one, its sole purpose for existence is a familiar story: To steal proprietary information such as online banking credentials, credit card numbers, social security numbers, passwords, and more from compromised networks and PCs in order to fuel an underground cyber crime economy driven by profit-seeking criminal networks that cross geopolitical boundaries.

The Conference Board Reports Online Job Demand Down 66,700 in June 2009

added: 30-06-2009

Online advertised vacancies declined 66,700 to 3,294,800 in June, according to The Conference Board Help-Wanted Online Data Series (HWOL)™ . In the five months since January, online labor demand has dropped a relatively modest 71,000, in sharp contrast to the 1,200,000 decline in the previous five months from August 2008 to January 2009.

U.S. Renewable Energy: A Self-Inflicted Crisis in the Making

added: 30-06-2009

Karl W. Miller a senior energy executive and institutional investor issued the following statement through his advisors, regarding the state of the U.S. renewable energy and the cap-and-trade bill, called the American Clean Energy and Security Act recently passed by the Congress.

EU Economic Sentiment Shows Further Improvement in June 2009

added: 29-06-2009

In June, the Economic Sentiment Indicator (ESI) for the EU and the euro area continued to improve for the third month in a row. However, in both areas, the level is still below the lows reached in the previous trough at the end of 1992. The ESI increased by 3.2 points in the EU and by 3.1 points in the euro area, to 71.1 and 73.3 respectively.

Early Signs of Improvement but Euro-Area Economy is Still in Contraction Mode

added: 29-06-2009

The euro-area economy is still deep in recession territory but the EU's strong and coordinated policy response is providing tangible support to economic activity and sentiment indicators and financial markets have started to send some tentative signs of improvement, the Quarterly Report on the Euro Area shows.

US Small Business Confidence Rises as Cash Flow Issues Decline

added: 29-06-2009

Economic confidence among small business owners rose slightly in June as cash flow concerns abated and the mood on the economy held steady, according to the latest Discover® Small Business WatchSM. The monthly index rose to 80.9, up from 78.1 in May.

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