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Foreclosure Activity Decreases 7 Percent in June

added: 13-07-2007

RealtyTrac(R) released its June 2007 U.S. Foreclosure Market Report, which shows a total of 164,644 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported during the month, down 7 percent from the previous month but still up 87 percent from June 2006. The report also shows a national foreclosure rate of one foreclosure filing for every 704 U.S. households for the month.

Teen Spending and Web Usage Up

added: 13-07-2007

Spending on and by teenagers will reach $208.7 billion in 2011, up from $189.7 billion in 2006, according to Packaged Facts' "The Teens Market in the US" report. The spending increase is expected despite an estimated 3% decline in the 12-to-17-year-old population by 2011.

OPEC Oil Output Up Slightly in June

added: 13-07-2007

The 10 members of the Organization of Petroleum Exporting Countries (OPEC) bound by the group's crude oil output agreements boosted production by 40,000 barrels per day (b/d) to 26.6 million b/d in June, from a revised May level of 26.56 million b/d, a Platts survey showed July 11. This is well above the 25.8 million b/d production target set in February by the so-called OPEC-10.

Online Retailers Take Stock

added: 13-07-2007

What happens when an online shopper doesn't find what she wants? Like many retail shoppers, she goes to another store, according to "The Online Inventory Impact Survey." The survey was commissioned by the e-tailing group and BetweenMarkets and conducted in May 2007.

US: Growing Economy and Fiscal Discipline Working to Reduce Budget Deficit

added: 13-07-2007

The Office Of Management And Budget Reported The FY2007 Budget Deficit Is Forecast To Be Lower Than Last Year And The President's Goal To Balance The Budget Is On Track. The President's pro-growth policies have encouraged sustained economic growth and job creation, thereby strengthening revenues and reducing the deficit.

Japanese Domestic Auto Sales Have Hit a 30-year Low

added: 13-07-2007

Japanese domestic auto sales have hit a 30-year low, even while the country’s artificially weak yen helps drive record levels of exports to the U.S., according to the latest auto industry company sales reports.

Environment: New EU Waste Shipment Legislation Comes into Force

added: 13-07-2007

The new regulation on transboundary shipments of waste aims to ensure that waste is properly handled from the time it is shipped to the time it is disposed of or recovered at destination. To achieve its objectives the regulation reinforces and clarifies the current legal framework for waste shipment within the EU and with non-EU countries. The regulation – which was adopted last year but applies only as of 12 July 2007 – also bans the export of hazardous waste or waste for disposal to certain countries.

Telecoms: Regulatory Supervision Delivers Results but a Truly Single Market is Still Far Away

added: 13-07-2007

Although the EU's Telecom Rules have led to significant benefits for citizens and enterprises alike, important challenges remain for national and European regulators, says a report published by the Commission.

Worldwide Rankings of Top Web Properties

added: 13-07-2007

comScore released a study of global Internet traffic for the month of May, revealing the latest worldwide rankings of top Web properties from the comScore World Metrix service. There were 772 million people online worldwide in May (defined as those individuals age 15 or older who accessed the Internet from a home or work location in the last 30 days), an increase from 766 million in April, representing a 16 percent penetration of the worldwide population of individuals age 15 or older.

Industrial Production up by 0.9% in Euro Area

added: 12-07-2007

Seasonally adjusted industrial production increased by 0.9% in the euro area (EA13) in May 2007 compared with April 2007. Production fell by 0.7% in April and grew by 0.6% in March. In the EU27 output rose by 0.7% in May, after a decrease of 0.4% in April and an increase of 0.5% in March. In May 2007 compared with May 2006, industrial production rose by 2.5% in the euro area and by 2.7% in the EU27.

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