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East Asia Remains Robust Despite U.S. Slow Down

added: 16-11-2007

East Asian economies are likely to remain robust in 2008 despite growing concerns about the U.S. sub-prime crisis and increasing global oil prices, says the World Bank’s latest East Asia & Pacific Update –Will Resilience Overcome Risk? Highlighting this, the report finds that for the first time, the number of poor people living below $2 a day in East Asia has fallen below 500 million – down from 1 billion in 1990.

US Real Earnings in October 2007

added: 16-11-2007

Real average weekly earnings fell by 0.2 percent from September to October after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

US Consumer Price Index in October 2007

added: 16-11-2007

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The October level of 208.936 (1982-84=100) was 3.5 percent higher than in October 2006.

Rising Energy Costs, Efficiency Will Drive Cleantech Activity

added: 16-11-2007

Rising energy costs and efforts to improve energy efficiency will be central drivers of the cleantech industry over the next five years, according to a poll of attendees at Ernst & Young's Strategic Growth Forum.

Outpacing Inflation, Rising Healthcare Costs Driving Out-of-Pocket Expenditures to More Than $365 Billion by 2011

added: 16-11-2007

With healthcare costs rising and managed care costs shifting, out-of-pocket expenditures for healthcare products and services are expected to rise above $365 billion in 2011, despite a slowing market for elective out-of-pocket medical procedures, according to Out-of-Pocket Healthcare Spending and Payment Options in the U.S. Report.

Report on EU Banking Sector Stability

added: 15-11-2007

The European Central Bank (ECB) has published a report on EU banking sector stability that was prepared by the Banking Supervision Committee of the European System of Central Banks (ESCB). This Committee comprises representatives of EU national central banks and banking supervisory authorities and the ECB.

Euro Area Annual Inflation up to 2.6% in October 2007

added: 15-11-2007

Euro area annual inflation was 2.6% in October 2007, up from 2.1% in September. A year earlier the rate was 1.6%. Monthly inflation was 0.5% in October 2007. EU annual inflation was 2.7% in October 2007, up from 2.2% in September. A year earlier the rate was 1.8%. Monthly inflation was 0.5% in October 2007.

Cross-national Retail Enterprises Will Invest $7.5 Billion in China

added: 15-11-2007

CCID Consulting released the latest data in the Report on Cross-national Retail Enterprises' Investment. This case study shows that the retail industry has become the focus of investment in China for cross-national enterprises. With the increase in Chinese domestic consumption, cross-national enterprises are paying more attention to China's retail industry.

Mortgage Rates Inch Lower

added: 15-11-2007

Mortgage rates declined slightly this week, with the average conforming 30-year fixed mortgage rate now 6.32 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.34 discount and origination points.

Ten Ways in which Europeans have Benefited from the Single Market

added: 15-11-2007

Over the last 15 years the Single Market has increased the EU's prosperity by 2.15% of GDP. In 2006 alone this meant an overall increase of €240 billion - or €518 for every EU citizen - compared to a situation without the Single Market.

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