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Recovery Still too Timid to Halt Rising Unemployment, says OECD Economic Outlook

added: 23-11-2009

The economic recovery now spreading across OECD countries is still too timid to halt the continuing rise in unemployment, according to the OECD’s latest Economic Outlook.

BofA Merrill Lynch Fund Manager Survey Finds Investors Ruling Out U.S. Fed Rate Hike Before Second Half of 2010

added: 20-11-2009

A majority of investors expects the U.S. Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.

Concluding Doha Round Could Boost Recovery and Bring Significant Gains

added: 20-11-2009

Countries can contribute to a more robust recovery from the global recession by rapidly concluding the Doha Development Round (DDA), which could bring up to US$160 billion in gains, according to new World Bank research.

Latin America Poised to Recover From Crisis Faster Than U.S.

added: 19-11-2009

Latin America has the tools to recover quickly from the current financial crisis due to its stable and well-capitalized banking sector, while it will take the United States more time mainly because of high unemployment and low levels of consumer confidence, experts said during the 43rd Annual Assembly of the Latin American Federation of Banks (FELABAN) in Miami.

Economic Growth Will be Fueled by Technology Innovation

added: 17-11-2009

Despite one of the worst recessions in history, Americans have increasing faith in technology innovation as an engine of economic growth, but are plagued with doubts about the nation’s ability to maintain its global leadership mantle. These were among the telling findings of a report released today by Intel Corporation and Newsweek, and detailed in Newsweek magazine.

OECD System of Unit Labour Cost and Related Indicators

added: 16-11-2009

Unit Labour Costs (ULC) for the total economy grew 0.8% in OECD countries in the second quarter of 2009 and rose 3.6% year-on-year. The strong growth was largely driven by falls in real output (gross domestic product at constant prices) due to the crisis.

Monster Global Poll Reveals Over 25 Percent of Workers Surveyed are More Optimistic about the Current Job Market

added: 15-11-2009

While recent data suggests unemployment and job creation lagging well behind other major economic indexes, as the global recession weakens, a new poll conducted by Monster reflects growing optimism among workers worldwide that the job market is on the road to recovery.

New Research Compares US vs. China Stimulus Packages

added: 13-11-2009

SmithStreetSolutions, a leading consulting and advisory firm based in Shanghai and New York, today announced the publication of its whitepaper: Initiative in Crisis: The Effects of the US and China Economic Stimulus Packages on Global Recovery.

OECD Unemployment Rate Stable at 8.6% in September 2009

added: 12-11-2009

The unemployment rate for the OECD area was 8.6% in September 2009, the same as the previous month and 2.3 percentage points higher than a year earlier.

"Climate Smart" World Within Reach, Says World Bank

added: 11-11-2009

Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new World Bank report presented here. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change.

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