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Landmark Agreement on EU Law to Boost Clean Energy

added: 11-12-2008

EU politicians have concluded a landmark deal to boost the development of renewables in Europe and deliver a cleaner and safer energy supply to millions of people, said Greenpeace. The agreement that was struck between EU institutions is a ray of light amid the gloomy stone-age positions of EU member states on the other elements of the EU's "climate package", according to the environmental group.

US Employer Costs for Employee Compensation in September 2008

added: 11-12-2008

Employer costs for employee compensation for civilian workers averaged $28.87 per hour worked in September 2008, the U.S. Department of Labor’s Bureau of Labor Statistics reported.

National Credit Card Debt Increases While Delinquency Rate Changes Direction and Heads Upward

added: 11-12-2008

TransUnion.com released the results of its analysis of trends in the credit card lending industry for the third quarter of 2008. Average bankcard borrower debt (defined as the total bankcard debt per bankcard borrower) increased nationally 1.57 percent to $5,710 from the previous quarter's $5,621, and 6.0 percent compared to the third quarter of 2007 ($5,387).

Deloitte Industry Sampling: Many Petroleum Executives Foresee End of Cheap Oil Within 50 Years

added: 11-12-2008

Anew sampling of senior oil and gas professionals reveals growing concern about the affordability and sustainability of oil and gas, along with a surprisingly strong belief in the viability of renewable energy.

OECD Standardised Unemployment Rate up 0.1% to 6.2% in October 2008

added: 11-12-2008

The standardised unemployment rate for the OECD area was 6.2% in October 2008, 0.1 percentage point higher than the previous month and 0.6 percentage point higher than a year earlier.

China: Producer Price Index for Manufactured Goods Went up Slightly in November 2008

added: 11-12-2008

In November, Producer Price Index (PPI) for manufactured goods was up by 2.0 percent year-on-year; purchasing prices for raw material, fuels and power rose by 4.7 percent.

Average Americans Without Health Insurance Are Young and Healthy With Above Average Incomes

added: 11-12-2008

According to the United States Census Bureau in 2006, there were 45.7 million people in the U.S. (15.3 percent of the population) who were without health insurance. Another way of saying this is that 84.7% of the American people do have health insurance!

Two Thirds of Private Equity Investors Will Reach or Breach Their Private Equity Allocations in 2009

added: 11-12-2008

Two thirds of private equity investors (LPs) will have little or no "headroom" for new fund commitments by this time next year, according to Coller Capital's latest Global Private Equity Barometer. North American LPs will be particularly stretched - 28% of them expect to be over their allocations by December 2009.

US Job Openings and Labor Turnover in October 2008

added: 11-12-2008

On the last business day of October, there were 3.1 million job openings in the United States, and the job openings rate was 2.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Fitch: UK Residential Mortgage-Backed Securities Ratings Not Immediately Impacted By Repossession Timing Extensions

added: 11-12-2008

Fitch Ratings says that recent decisions by certain UK government-owned lenders to allow homeowners six months of arrears before commencing repossession proceedings will not have an immediate impact upon ratings of UK Residential Mortgage-Backed Securities (RMBS) from these lenders. However, Fitch views the impact of a government proposal last week to introducea two-year interest deferral period for certain distressed borrowers as uncertain, until more details emerge.

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