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Bankrate: Mortgage Rates Post Mixed Results

added: 26-06-2009

The average 30-year fixed mortgage rate was slightly higher this week, rising to 5.80 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points.

Broadband Services Remain a Top Spending Priority for Consumers Even in Tight Economic Times

added: 26-06-2009

Consumers are unwilling to part with their broadband services at home even in the midst of the economic downturn, preferring to cut spending on things like dining out and leisure travel, according to a series of recent studies sponsored by Alcatel-Lucent.

World's Largest Expat Survey Reveals Crunch Hits Expats Hard

added: 25-06-2009

HSBC Bank International revealed that the current economic crisis has had a significant impact on expats' financial situation, according to the world's largest survey of expats, Expat Explorer. The first of three instalments of this year's survey, Expat Economics, showed that expats have reduced spending across the board, with the UK and the US identified as having some of the highest numbers of expats considering a move home.

Global Downturn Causes Slump in Cross-Border Investment, says OECD

added: 25-06-2009

Foreign direct investment (FDI) into 17 OECD countries, including France, Germany, Japan, the UK and the US, fell by 50% in the first quarter of 2009 compared with the last quarter of 2008, according to estimates by the OECD released at the OECD Forum in Paris.

GDP Per Inhabitant Varied by One to Six Across the EU27 Member States

added: 25-06-2009

Based on first preliminary estimates for 2008, Gross Domestic Product (GDP) per inhabitant expressed in Purchasing Power Standards (PPS) varied from 40% to 253% of the EU27 average across the Member States.

Industrial New Orders Down by 1.0% in Euro Area in April 2009

added: 25-06-2009

In April 2009 compared with March 2009, the euro area (EA16) industrial new orders index fell by 1.0%. In March the index decreased by 0.2%. In the EU27 new orders declined by 0.5% in April 2009, after dropping by 0.5% in March. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders decreased by 0.9% in the euro area, but increased by 0.3% in the EU27.

The Conference Board Leading Economic Index™ for Australia Increased 0.7 Percent in April 2009

added: 25-06-2009

The Conference Board Leading Economic Index™ (LEI) for Australia increased 0.7 percent and The Conference Board Coincident Economic Index™ (CEI) increased 0.1 percent in April.

Russia Takes Key Step Forward in OECD Membership Negotiations

added: 25-06-2009

Russia formally launched negotiations for its future accession to the OECD by submitting a detailed “Initial Memorandum” setting out where it stands in relation to the policy standards and practices that are basic criteria for membership of the Organisation.

Fitch: European Automakers Continue to Face Industry Challenges

added: 25-06-2009

Fitch Ratings says in a special report that the outlook for Europe's automotive industry continues to remain difficult over the next 18 months, as it experiences one of its deepest ever downturns. However, not all companies will be affected to the same extent, as reflected by the agency's ratings of the sector.

CareerBuilder Survey: Laid Off Workers Report How They're Making the Most of a Difficult Time

added: 25-06-2009

Laid off workers today are competing in one of the toughest job markets in the nation's history and struggling with increased financial pressures. A new CareerBuilder survey finds that, despite the hardships many of these workers are facing, they are focusing on positive aspects of being in between jobs to get them through a challenging time.

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