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China Consumer Confidence Holds Up in May Despite of the Earthquake Disaster

added: 28-05-2008

Xinhua Finance eziData China Consumer Confidence Index (CCCI) was updated today, with the survey results showing that Chinese consumer confidence in May remained unchanged from that in April at 94.9, despite of the serious earthquake disaster which happened in Wenchuan, Sichuan province earlier in the month.

Financial Inclusion – Ensuring Adequate Access to Basic Financial Services

added: 28-05-2008

The study “Financial Services Provision and Prevention of Financial Exclusion” prepared for the European Commission aims at identifying and analysing the most effective policy measures to prevent financial exclusion of people facing poverty or social exclusion.

New EU Study Lifts Lid on Financial Exclusion

added: 28-05-2008

Millions of Europeans face an increased risk of social exclusion through lack of access to basic financial services, according to a new study presented by the European Commission. It reveals that 2 in 10 adults in EU-15 and almost half in EU-10 (47%) do not have a bank account while many more have no savings and lack access to credit.

Euro Area Balance of Payments in March 2008

added: 28-05-2008

In March 2008 the working day and seasonally adjusted current account of the euro area showed a deficit of EUR 15.3 billion. In the financial account, combined direct and portfolio investment showed net outflows of EUR 18 billion.

Brazil must Strengthen Governance to Sustain Long-Term Economic Growth, says OECD

added: 28-05-2008

Brazil should strengthen its institutions and improve the regulations for key sectors, such as electricity, telecommunications and transport, in order to boost its economic growth and the quality and value of core services to its citizens, according to a new OECD report.

Investigate Environmental Risks Of Nord Stream Pipeline

added: 28-05-2008

The planned Nord Stream pipeline under the Baltic Sea is just one of many infrastructure projects needed to meet the EU's growing demand for natural gas. Its likely environmental impact should be carefully investigated, and possible alternative overland routes should be assessed first, says an own-initiative report adopted by the Petitions Committee on Tuesday. MEPs also want the EU to play a bigger role in supervising the project.

Late Payment Reinforces The Effects Of The Credit Crunch

added: 28-05-2008

In 2007 the European business community missed out on a record amount of EUR 250bn as a consequence of outstanding invoices. Southern Europe heads the league of payment defaulters, while the Nordic countries are the best payers overall.

US Online Retailers: Interest in Global Expansion

added: 28-05-2008

Despite mounting interest in global expansion from US online retailers, very few currently have global presences. A new report published by JupiterResearch, "Global Online Retail: Navigating Successful International Expansion," indicates that the majority of top US retailers do not have a substantial international online presence.

Domestic Economy Is Steal Weak

added: 28-05-2008

There are four numbers in the latest domestic economic news: 135 - 0.4 - 0.1 - we don't yet know the fourth number.

The Conference Board Consumer Confidence Index Declines in April 2008

added: 28-05-2008

The Conference Board Consumer Confidence Index, which had declined in April, continued its downward trend in May. The Index now stands at 57.2 (1985=100), down from 62.8 in April. The Present Situation Index decreased to 74.4 from 81.9. The Expectations Index declined to 45.7 from 50.0 in April.

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