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added: 23-05-2008

Well, now for a more accurate valuation of current economic conditions and their relationship to corporate earnings now that the US Federal Reserve has ended the great bailout party by putting rate cuts on hold.

US Mass Layoffs in April 2008

added: 23-05-2008

In April, employers took 1,308 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single employer; the number of workers involved totaled 133,914, on a seasonally adjusted basis.

Beneficial To Cut Air Pollution From Europe's Power Plants

added: 23-05-2008

The use of up-to-date emission control techniques in European power plants would drastically reduce emissions of sulphur dioxide (SO2) and nitrogen oxides (NOx) and result in very significant health benefits across Europe, according to a new study.

Empowering Consumers In The Energy Market – Consumer And Competition Policies Mutually Reinforcing

added: 23-05-2008

Consumer Commissioner, Meglena Kuneva, delivered a keynote speech at the Slovenian Presidency Competition and Consumer day which was devoted to energy. She highlighted the importance of reinforcing and implementing the rights of EU energy consumers.

Industrial New Orders Down By 1.0% In Euro Area

added: 23-05-2008

In March 2008 compared with February 2008, the euro area (EA15) industrial new orders index fell by 1.0%. In February the index grew by 0.2%. In the EU27 new orders fell by 0.7% in March 2008 after declining by 0.3% in February. Excluding ships, railway & aerospace equipment industrial new orders decreased by 0.3% in the euro area and increased by 0.9% in the EU27.

Current Mitigation Efforts On Climate Change “Insufficient”

added: 23-05-2008

Pouring cold water on “scientifically unsubstantiated efforts” to discredit studies on the effects and causes of climate change, calling for additional research on the effect of biofuels, and warning that current policies are not enough to stem global warming in the long-term are the key points of the EP interim report on “the scientific facts of climate change”.

The Leading Index for France Declined 0.1 Percent in March 2008

added: 23-05-2008

The Conference Board reports that the leading index for France declined 0.1 percent and the coincident index remained unchanged in March.

Bankrate: Mortgage Rates Slide

added: 23-05-2008

Fixed mortgage rates pulled back this week, with the average conforming 30-year fixed mortgage rate dropping to 6.02 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.44 discount and origination points.

Internet is Not the Key Factor in Final Purchasing Decisions

added: 22-05-2008

Although adult consumers in the US use the Internet to research and discover new products, it is usually not the key factor in final purchasing decisions, according to the Pew Internet & American Life Project's newly released "The Internet and Consumer Choice" study.

US: Millionaire Households on the Rise

added: 22-05-2008

Nearly 10 million households in the US have a net worth of at least $1 million, excluding their primary residences, according to TNS's "Affluent Market Research Program."

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