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added: 15-07-2008

Where has the resources boom gone? I don't mean the one driven by iron ore or coal, nor oil, but by surging demand from China, India and the rest of the emerging world?

Commodities Up As Oil Recovers

added: 15-07-2008

Oil grabbed back all the losses of the week and hit a new high of $US147.27 in a dramatic day's trading on Friday. Friday's turmoil in sharemarkets in the US and in late trading in Europe over the fate of the Fannie Mae and Freddie Mac mortgage groups was matched in commodities markets as oil jumped by around $US3.50 after Thursday's $US5.50-plus a barrel rise.

The Netherlands: EIB to lend up to EUR 500 mln for natural gas network

added: 14-07-2008

The Netherlands is to benefit from up to EUR 500 million in European Investment Bank loans to expand and modernise its natural gas transmission network. An initial contract for EUR 375 million has been signed with N.V. Nederlandse Gasunie and a further tranche of EUR 125 million could follow at the end of 2008 or early 2009. This would make the project one of the biggest ever financed by the EIB in the Netherlands.

Industrial Production Down by 1.9% in Euro Area

added: 14-07-2008

In May 2008 compared with April 2008, seasonally adjusted industrial production fell by 1.9% in the euro area (EA15) and by 1.4% in the EU27. In April production grew by 1.0% and 0.3% respectively. In May 2008 compared with May 2007, industrial production decreased by 0.6% in the euro area and by 0.5% in the EU27.

World Stock Market: Three Financial Groups In Trouble

added: 14-07-2008

The impact of the credit crunch saw two banks and a financial and industrial group fail on Friday in three different countries in the most damaging day so far since the crisis started last August.

Deloitte Consumer Spending Index Falls Due to House Prices, Labor Market

added: 14-07-2008

The Deloitte Research Leading Index of Consumer Spending fell in July, continuing the decline the Index has experienced since October 2007. The Index attempts to track consumer cash flow as an indicator of future consumer spending.

U.S. Import and Export Price Indexes in June 2008

added: 14-07-2008

The U.S. Import Price Index rose 2.6 percent in June, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The increase followed a 2.6 percent advance in May and was led by a continuing rise in petroleum prices. The price index for exports increased 1.0 percent in June after rising 0.4 percent in May.

Global Media Market to Hit $5.7 Trillion in 2024

added: 14-07-2008

The global media and entertainment market will reach $5.7 trillion, from its current size of $1.7 trillion, according to media futurists Future Exploration Network in their Future of Media Report 2008. This is almost four times its current size, in sixteen years.

Asian Economic Integration is Good for US and Global Economy

added: 12-07-2008

Increasing integration among Asian economies offers a new platform to promote growth, strengthen trade links, and reduce poverty. This is good not only for Asia, but also for the US and the rest of the world, according to a new Asian Development Bank (ADB) study.

Foreclosure Activity Decreases 3 Percent in June

added: 11-07-2008

RealtyTrac(R) today released its June 2008 U.S. Foreclosure Market Report(TM), which shows foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 252,363 U.S. properties during the month, a 3 percent decrease from the previous month but still a 53 percent increase from June 2007.

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