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Poll Finds Strong Support for Regulating Oil Companies to Stop "Roller Coaster" Pricing

added: 19-12-2008

In a letter to President-elect Obama and Energy Department designee Steven Chu, Consumer Watchdog urged the new administration to add regulation of the oil and refining industries to its efforts to stabilize the economy and shift to greener energy. The group points to a national poll showing that Americans, by a nearly two-to-one margin, strongly favor more regulation of the oil and refining industries.

New York Employment Report: Employee Confidence Index Rebounds

added: 19-12-2008

Despite economic woes, the New York Employee Confidence Index increased 5.2 points to 43.6 in November, according to the latest Spherion(R) Employment Report. The monthly survey of New York workers, conducted by Harris Interactive(R) on behalf of Spherion Corporation, reveals that more workers are confident in their ability to find a new job, as well as the future of their current employer.

U.S. Leading Index Decreased 0.4 Percent in November 2008

added: 19-12-2008

The Conference Board announced that the U.S. leading index decreased 0.4 percent, the coincident index decreased 0.3 percent and the lagging index increased 0.1 percent in November.

Serious Concern about Burdensome Working Time Directive Decision: ESBA

added: 19-12-2008

The European Small Business Alliance (ESBA) expresses serious concern about the European Parliament's decision to prevent people from working the hours they choose.

States Strengthen Response to Foreclosure Crisis

added: 19-12-2008

States are stepping up their response to the nation's housing crisis with new legislation and programs to help homeowners, limit high-cost lending and curb foreclosures, according to research released by the Pew Center on the States.

Fitch: Risk of Crises in Emerging Markets Growing

added: 19-12-2008

Fitch Ratings says in its semi-annual Sovereign Review that the economic and credit outlook for emerging market economies has worsened dramatically as the "credit crunch" that originated in the so-called "advanced" economies contaminates the developing and emerging world.

Economic Recovery Plan Needs to Look at Rent to Own

added: 19-12-2008

As the U.S. struggles in its recession and lawmakers explore areas to boost the economy, proposed federal rent to own regulations and lease definition legislation would boost rent to own growth an estimated $1 billion per year with thousands of additional jobs. The rent to own transaction is the most commonly used financial transaction unregulated at the federal level. The lack of federal definition for the no-debt, rent to own transactions prevent small business growth, job creation and further competition.

Interest in Early Adoption of IFRS Growing Among U.S. Companies

added: 19-12-2008

An increasing number of company finance professionals would consider adopting International Financial Reporting Standards (IFRS) sooner than the path recently outlined by the Securities and Exchange Commission in its proposed IFRS roadmap, according to a new survey from Deloitte.

Euro Area External Trade Surplus 0.9 bn Euro in October 2008

added: 18-12-2008

The first estimate for the euro area (EA15) trade balance with the rest of the world in October 2008 gave a 0.9 bn euro surplus, compared with +4.2 bn in October 2007. The September 2008 balance was -4.5 bn, compared with +2.9 bn in September 2007. In October 2008 compared with September 2008, seasonally adjusted exports fell by 2.5% and imports by 4.6%.

EU27 Real Agricultural Income Per Worker Down By 4.3% in 2008

added: 18-12-2008

EU27 real agricultural income per worker has decreased by 4.3% in 2008, after increasing by 12.2% in 2007, according to first estimates issued by Eurostat, the Statistical Office of the European Communities. This decline results from a reduction in real agricultural income (-6.3%), together with a fall in agricultural labour input (-2.1%).

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