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added: 12-05-2008

China and the surging in commodity returns and our terms of trade, is what could power the Australian dollar close to the almost mythical parity level with the US dollar over the next few months.

US: Occupational Employment and Wages in 2007

added: 12-05-2008

Retail salespersons, cashiers, general office clerks, combined food preparation and serving workers, and registered nurses were among the occupations with the highest U.S. employment in 2007, according to the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.

US Expected to Add More than 65 Million Mobile Subscribers to the Worldwide Subscriber Base in the Period 2007-2012

added: 11-05-2008

During the period 2007-2012, the worldwide mobile subscriber base is expected to increase by 1.8 billion. Around 67 percent of these new subscribers, i.e., a little above 1.2 billion subscribers, are expected to come from just 10 fast-growing country markets worldwide.

More US Employers Are Effectively Dealing with Language Limitations

added: 10-05-2008

As foreign-born workers make up a larger share of the U.S. workforce, more employers will be dealing with language limitations. But a new survey by The Conference Board finds that a majority of employers are doing very little to overcome this challenge.

The Euro Area Bank Lending Survey in April 2008

added: 09-05-2008

The results of the April 2008 bank lending survey indicate a further increase in the net tightening of credit standards for loans to enterprises (up from 41% in the fourth quarter of 2007 to 49% in the first quarter of 2008), with net tightening increasing more for large than for small and medium-sized enterprises. Banks’ risk perception regarding general economic activity, the industry or firm-specific outlook, and the cost of banks’ funds and balance sheet constraints contributed to the further increase observed in banks’ net tightening of credit standards.

U.S. Consumer Sentiment Inches up after Six Months of Declining Confidence

added: 09-05-2008

Americans' economic enthusiasm rallied slightly this month, increasing nearly 10 points and reversing six straight months of declining confidence, according to the most recent results of the RBC CASH (Consumer Attitudes and Spending by Household) Index.

Fixed Mortgage Rates Steady While Adjustable Rates Fall

added: 09-05-2008

Fixed mortgage rates were largely unchanged this week. The average conforming 30-year fixed mortgage rate backtracked to 6.13 percent, according to Bankrate.com's weekly national survey of large lenders. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.

Pacific Nations Must Seize Opportunity to Prepare for Higher Food Prices

added: 09-05-2008

High oil prices are already a concern in the Pacific region, but the recent surge in world food prices has yet to be fully felt in the Pacific, according to a new Asian Development Bank (ADB) study, “Living with High Prices”.

State and Trends of the Carbon Market 2008

added: 09-05-2008

The global carbon market grew to a whopping US$64 billion (€47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank highlighting the state and trends of the global carbon market. The European Union Emission Trading Scheme (EU ETS) also saw a doubling of both value and number of allowances transacted to the tune of US$50 billion (€37 billion).

The Leading Index for Korea Declined 0.2 Percent in March 2008

added: 09-05-2008

The Conference Board announced that the leading index for Korea declined 0.2 percent, while the coincident index increased 0.2 percent in March.

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