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Improved Tax Cooperation a Boost to Restoring Financial Confidence

added: 16-03-2009

Euro Area Annual Inflation up to 1.2% in February 2009

added: 16-03-2009

Euro area annual inflation was 1.2% in February 2009, up from 1.1% in January. A year earlier the rate was 3.3%. Monthly inflation was 0.4% in February 2009.

Euro Area and EU27 Employment Down by 0.3% in the Fourth Quarter of 2008

added: 16-03-2009

The number of persons employed in the euro area (EA15) fell by 0.3% (453 000 persons) in the fourth quarter of 2008 compared with the previous quarter, according to national accounts estimates published by Eurostat, the Statistical Office of the European Communities.

Risk of Non-Payment in Online Retail Lower for Women Than for Men

added: 16-03-2009

In European online retailing, risks of non-payment are lower for women than for men. This is indicated by a lower chargeback ratio, which describes the share of credit card transactions which had to be charged back after the cardholder's rejection. At roughly 0.10%, female consumers' non-payment ratio for online purchases paid for by credit card is only half that of male customers. One year before the opposite was true.

U.S. Import and Export Price Indexes in February 2009

added: 16-03-2009

The U.S. Import Price Index edged down 0.2 percent in February, the Bureau of Labor Statistics of the U.S. Department of Labor reported, as declining nonpetroleum prices more than offset an upturn in petroleum prices. Export prices also recorded a modest decrease in February, falling 0.1 percent.

U.S. Ad Spending Fell 2.6% in 2008

added: 16-03-2009

The Nielsen Company reported that U.S. advertising for the full year 2008 was down 2.6% compared to the full year 2007. According to preliminary figures from Nielsen, U.S. ad expenditures declined almost $3.7 billion to a total spend of $136.8 billion in 2008.

Canadian Workers Hit With More Job Losses

added: 16-03-2009

Canadian workers have been hit with more staggering job losses and the President of the Canadian Labour Congress says that shock is giving way to outrage among laid off workers.

2008 Global Upstream Oil & Gas Transaction Value Fell 32%

added: 16-03-2009

Global mergers and acquisition (M&A) upstream transaction value plunged to $104 billion in 2008 from an annual average of nearly $160 billion in 2005-2007, according to the 2009 Global Upstream M&A Review prepared by IHS Herold Inc., an IHS company, and Harrison Lovegrove & Co., Ltd., a Standard Chartered group company.

Unemployment, Health Care Spending Affect Mortality

added: 16-03-2009

At the Health Industries Council meeting on March 11, in Irving, Harvey Brenner, Ph.D. and professor of public health and behavioral sciences at the University of North Texas Health Science Center's School of Public Health, announced new findings that indicate that mortality is directly related to the economy. Specifically, unemployment and reduced spending on health care have a direct effect on the country's mortality rate.

Euro Area Labour Costs Rose by 3.8% in the Fourth Quarter of 2008

added: 16-03-2009

Total hourly labour costs in the euro area (EA15) rose by 3.8% in nominal terms in the year up to the fourth quarter of 2008, compared with 4.2% for the previous quarter. In the EU27, the annual rise was 4.6% up to the fourth quarter of 2008, compared with 4.2% for the previous quarter.

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