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US Mass Layoffs In the First Quarter of 2008

added: 16-05-2008

In the first quarter of 2008, there were 1,111 mass layoff events that resulted in the separation of 188,326 workers from their jobs for at least 31 days, according to preliminary figures released by the U.S. Department of Labor’s Bureau of Labor Statistics.

India is the Sixth Largest and One of the Fastest Growing Energy Consumers in the World

added: 16-05-2008

Biofuel is any fuel that is derived from biomass - recently living organisms or their metabolic byproducts, such as manure from cows. It is a renewable energy source, unlike other natural resources such as petroleum, coal, and nuclear fuels.

Slowdown in Growth Rate of Flights Worldwide

added: 16-05-2008

The world's airlines are scheduled to operate 2% more flights for May 2008 compared with the same month last year. According to the latest statistics from OAG (Official Airline Guide), the world's authority on flight information, this represents an additional 40,000 flights, which is half as many additional flights as last month's year-on-year figures.

CPA Financial Executives Foresee Continuing Decline In the U.S. Economy

added: 16-05-2008

Expectations for the U.S. economy remain negative among senior-level executive CPAs according to the second quarter 2008 Business and Industry Economic Outlook Survey of the American Institute of Certified Public Accountants and the University of North Carolina's Kenan-Flagler Business School.

Home Sales, Prices to Pick Up In Second Half of 2008

added: 16-05-2008

Home sales and prices throughout most of the country are poised for improvement in the second half of 2008, and the recovery will vary by market, Lawrence Yun, chief economist for the National Association of Realtors(R) said during NAR's Midyear Legislative Meetings & Trade Expo. More than 9,000 Realtors(R) and guests are attending the conference that runs here through Saturday.

Governments And Business Must Tackle Internet Address Shortage Together

added: 15-05-2008

Governments and business must work together more effectively and urgently to meet the growing demand for Internet addresses and secure the future of the Internet economy, according to a new OECD report.

OECD Composite Leading Indicators Signal Slowdown for Major OECD Economies

added: 15-05-2008

The latest composite leading indicators (CLIs) suggest that a slowdown in economic activity lies ahead in the OECD area. March 2008 data indicate a weakening outlook for all the major seven economies. The latest data for major OECD non-member economies point to a potential downturn in Brazil, China and India while continued expansion is ahead in Russia.

Euro Area Annual Inflation Down to 3.3% in April 2008

added: 15-05-2008

Euro area annual inflation was 3.3% in April 2008, down from 3.6% in March. A year earlier the rate was 1.9%. Monthly inflation was 0.3% in April 2008.

Euro Area And EU27 GDP Up By 0.7% During the First Quarter of 2008

added: 15-05-2008

GDP grew by 0.7% in both the euro area (EA15) and the EU27 during the first quarter of 2008, compared with the previous quarter, according to flash estimates published by Eurostat, the Statistical Office of the European Communities. In the fourth quarter of 2007, growth rates were +0.4% in the euro area and +0.5% in the EU27.

US Inflation Up

added: 15-05-2008

The US federal Reserve is trying to tell us something about inflation and interest rates. Why else would some of the top people in the Fed, including chairman, Ben Bernanke be out making speeches in the US or Europe talking about the financial markets, credit crunch and inflation.

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