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Citi Expects Substantial Decline in Third Quarter Net Income

added: 01-10-2007

Citigroup Inc. announced that dislocations in the mortgage-backed securities and credit markets, and deterioration in the consumer credit environment are expected to have an adverse impact on third quarter financial results. Citi currently estimates that it will report a decline in net income in the range of 60% from the prior-year quarter, subject to finalizing third quarter results.

International Comparisons Of Manufacturing Productivity And Unit Labor Cost Trends 2006

added: 28-09-2007

Manufacturing labor productivity increased in 2006 in 15 of the 16 economies compared by the U.S. Department of Labor's Bureau of Labor Statistics. The Republic of Korea and Taiwan had the largest productivity increases (+10.8 and +6.9 percent, respectively). The U.S.productivity increase of 2.4 percent placed it eleventh among the 16 economies compared, and was less than the average annual growth rate since 2000. Canada was the only country with no productivity growth.

Rising Bank Systemic Risk to Crystallise as Credit Growth Slows

added: 28-09-2007

Fitch Ratings says, in its latest "Bank Systemic Risk report", that global credit growth is slowing, and concerns about rising bank systemic risk, highlighted in this and previous such reports, are increasingly likely to crystallise. "Fragilities that have built up but been masked by rapid credit growth are likely to be exposed as credit growth slows from now on," says Richard Fox, Senior Director in Fitch's sovereign team.

Six Nation Survey Finds Little Enthusiasm for Free Market Capitalism in Western Europe or the United States

added: 28-09-2007

A new Financial Times/Harris Poll in the United States and the five largest European countries does not make for cheerful reading. A broad overview of the results suggest that there is little enthusiasm for free-market capitalism and that the prospect of some “third way”, if only someone could define it clearly, would appeal to many people in the largest Western Democracies.

BIS triennial survey 2007

added: 26-09-2007

The Triennial Central Bank Survey conducted in April 2007 by 54 central banks and monetary authorities and coordinated by the Bank for International Settlements (BIS) is the third comprehensive assessment of foreign exchange and derivatives market activity since the introduction of the euro in 1999.

Doing Business 2008: Large Emerging Markets Reforming Fast

added: 26-09-2007

Thanks to reforms of business regulation, more businesses are starting up, finds Doing Business 2008—the fifth in an annual report series issued by the World Bank and IFC. Countries in Eastern Europe and the former Soviet Union reformed the most in 2006/07—along with a large group of emerging markets, including China and India.

Enterprise Segment to Be a Growth Engine for Hosted VoIP Services

added: 26-09-2007

In North America and Western Europe, large companies will play an increasing role in VoIP adoption, according to a recent study from ABI Research. Hosted services will be used on a more regular basis as well, becoming a stronger engine for enterprise VoIP growth in the future.

World Energy Market Shifts Report

added: 26-09-2007

Nanotechnology is providing us next generation systems that rely on micro-generation of energy stored in thin film batteries. Nanotechnology works on both sides of the equation. Solar and wind generators are made more efficient by the use of nanoparticles in the drive and collector mechanisms.

The Leading Index for Australia Increased 0.3 Percent

added: 26-09-2007

The Conference Board announced that the leading index for Australia increased 0.3 percent and the coincident index increased 0.2 percent in July.

Untapped Internet Market in Africa Offers Exciting Growth Potential

added: 25-09-2007

The growth rate of internet usage in Africa is in the double digits. However, such growth has been predicated on a narrow base, with the overall number of internet users remaining limited. Low penetration rates indicate a huge potential market available for internet services.

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