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Sales Volume of China's MP3/MP4 Players Reaches 3 Million Sets

added: 05-09-2008

The sales volume of China's MP3/PMP player market reached 3.07million sets in 2008H1, down 39.19% year-on-year; sales revenue reached 1.99 billion Yuan in 2008H1, down 40.51% year-on-year. The player market passed the first half of the year in downslide with the MP3 player market being the worst hit sector.

The Fraser Institute: "Smart Growth" Policies Increase Housing Costs and Worsen Congestion

added: 05-09-2008

The "smart growth" ideal of high density urban housing and limits on land use yields few real benefits but imposes enormous costs on families, according to noted environmental economist Randal O'Toole.

Make Freight a Higher Rail Network Priority, Says European Parliament

added: 05-09-2008

The European Commission should allocate at least 40% of EU transport infrastructure appropriations to the railways and prioritise freight, to reduce the need for road transport, says an own-initiative adopted by the European Parliament with 541 votes in favour, 6 against and 15 abstentions.

Venture Capital Investment in Canada Declined 31%

added: 05-09-2008

The Canadian Venture Capital Association (CVCA) released its Q2 figures last week based on statistical reports from Thomson-Reuters. The data paints a gloomy picture for the venture capital investment industry in Canada, and especially in Ontario where VC investment has declined by 60% in the past year.

Housing Price Declines are Slowing Coast to Coast as Housing 'Bubble' Pops

added: 05-09-2008

Global Insight released the second quarter 2008 update of the U.S. housing valuation analysis, House Prices in America, showing that single-family home prices continue to fall across the country, though at a slower rate than last quarter, and that extreme overvaluation of house prices is essentially nonexistent, a sign the nation's housing "bubble" has popped and house prices reflect a healthy balance in relation to long-term fundamentals.

US Car Sales Slide Continues

added: 05-09-2008

In the US car sales were again very weak last month, despite the drop in oil and petrol prices.

Asian Turmoil Continues

added: 04-09-2008

Talk of intervention in foreign exchange markets by a group of Asian central banks as the unrest in Thailand continued and the South Korean won fell to new four year lows.

Mid-Term Review of the European Environment and Health Action Plan 2004-2010

added: 04-09-2008

In adopting an own-initiative report on the mid-term review of the European Environment and Health Action Plan 2004-2010, the European Parliament acknowledges the efforts made by the Commission since the action plan was launched in 2004. It considers, however, that such an action plan is bound to fail at least in part, since it is designed solely to accompany existing Community policies.

Bankrate: Mortgage Rates Slide for Third Straight Week

added: 04-09-2008

Economic worries pushed mortgage rates down again, with the average conforming 30-year fixed mortgage rate falling to 6.55 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.41 discount and origination points.

A European Research and Innovation Strategy for ICT: Time Horizon 2020

added: 04-09-2008

In search of the best strategies to boost Europe's leadership in ICT (Information and Communications Technology) research and innovation in the next decade, the European Commission launched a public consultation. Contributions from industry, ICT experts, policy-makers and the wider public will be fed into a new strategy for ICT research and innovation, to be unveiled next year. The aim is to put European ICT industry, especially SMEs, to the fore of the race for global competitiveness.

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