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Fitch Says U.S. Fed Actions Positive for U.S. Financial Institutions

added: 13-03-2008

Fitch Ratings is encouraged by today's announcement by the Federal Reserve (Fed) as Fitch believes it has potential positive implications for U.S. financial institutions. Liquidity in the financial markets has been constrained in recent months with particular pressure in the last several days. Uncertainty has dominated sentiment with spreads on certain instruments widening substantially beyond normal conditions.

The Leading Index for Spain Declined 0.1 Percent

added: 13-03-2008

The Conference Board announced that the leading index for Spain declined 0.1 percent and the coincident index increased 0.1 percent in January.

The Leading Index for the U.K Declined 0.2 Percent

added: 12-03-2008

The Conference Board announced that the leading index for the U.K declined 0.2 percent, and the coincident index increased 0.2 percent in January.

Foreclosures Taking Big Toll on Cities and City Finances

added: 12-03-2008

Nearly two-thirds of cities report that foreclosures have increased in their communities during the past year, with one-third seeing declines in city revenues as a result, according to a poll released today by the National League of Cities (NLC). The poll also found that more than half of cities saw increases in the need for temporary assistance for services such as counseling, food banks and other non-housing related issues.

Monster Employment Index Europe Rebounds Significantly in February 2008

added: 12-03-2008

The Monster Employment Index Europe rose by 26 points in February, the largest monthly increase since the Index started in 2005, as online job opportunities grew across the European Union. The UK saw the largest growth of 32 points while the Netherlands saw the smallest recovery, of 13 points.

EU Real Agricultural Income Per Worker up by 5.4%

added: 12-03-2008

EU27 real agricultural income per worker1 rose by 5.4% in 2007, after increasing by 3.3% in 2006. This increase was the result of a growth in real agricultural income (+3.1%) and a reduction in agricultural labour input (-2.2%).

OECD: Fiscal Drag Hits Some Taxpayers Tarder than Others

added: 12-03-2008

Families with children have paid less in tax as a percentage of their income in recent years in Australia, Hungary, Ireland and New Zealand, thanks to family-friendly tax policies, but wage-earners in some other OECD countries, including Greece, Iceland, Korea and Mexico, have wound up with higher tax bills due to so-called fiscal drag.

Strong Growth In UK Online Recruitment In February

added: 12-03-2008

Online recruitment in the UK rose significantly in February as the Monster Employment Index grew by 32 points, rebounding strongly from a seasonal dip in January. The Monster Employment Index UK is a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards across Europe.

Manpower Employment Outlook Survey Foreshadows Hiring Slowdown

added: 12-03-2008

U.S. employers anticipate a decline in hiring for Quarter 2 2008, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey conducted quarterly by Manpower Inc.

Daily Record Prices for Oil, Gasoline Hammer Consumers and U.S. Economy

added: 12-03-2008

Congress and President Bush must take joint action against the speculators who have driven oil and gasoline prices past all-time records, said OilWatchdog.org, a project of the Foundation for Taxpayer and Consumer Rights. Gasoline prices nationally are expected today to surpass last year's record of $3.227, and California, at $3.571 per gallon as calculated by AAA, is more than 7 cents a gallon over last year's record.

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