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Governments Must Act Decisively on Jobs, says OECD’s Gurría

added: 17-09-2009

Climate Change and Opportunities for Green Economic Growth

added: 17-09-2009

Building preparedness for climate change can create incentives for new and expanded economic activity, help create jobs, and reinforce efforts to reduce emissions - all while saving lives, according to a new briefing paper released by international humanitarian organization Oxfam America.

Hong Kong Remains World's Freest Economy

added: 16-09-2009

Hong Kong remains the world's freest economy according to the findings of the Economic Freedom of the World: 2009 Annual Report released by the Cato Institute. This marks the 13th consecutive year Hong Kong has topped the ranking.

Companies Continue To Send Employees Overseas, Despite Cost Cuts To Assignment Programs, Says KPMG

added: 16-09-2009

Organizations worldwide made cost-saving adjustments to their international assignment programs during the economic downturn, but continued to send assignees overseas in order to take advantage of business opportunities, according to the results of the 2009 Global Assignment Policies and Practices survey, conducted by KPMG LLP, the U.S. audit, tax and advisory firm.

Climate Change Risks Could Cost Developing Countries Up to 19% of GDP by 2030

added: 15-09-2009

A report from the Economics of Climate Adaptation Working Group indicates that climate risks could cost nations up to 19% of their GDP by 2030, with developing countries most vulnerable. The report concludes, however, that cost effective adaptation measures already exist that can prevent between 40 and 68 percent of the expected economic loss with even higher levels of prevention possible in highly target geographies.

Renewable Energy & Energy Efficiency Financing by World Bank Group Hits All Time High

added: 11-09-2009

The World Bank Group announced that its financing of renewable energy and energy efficiency projects and programs in developing countries rose 24% in the last fiscal year to reach $3.3 billion, the highest ever. Total renewable energy and energy efficiency commitments for the year ended June 30, 2009 accounted for more than 40% of total Bank Group energy lending.

Doing Business 2010: Governments Set New Record in Business Regulation Reform

added: 10-09-2009

A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report.

Invest in Education to Beat Recession, Boost Earnings

added: 09-09-2009

Growing advantages for the better educated and likely continuing high levels of unemployment as economies move out of recession will provide more and more young people with strong incentives to stay on in education. Governments need to take account of this in planning education policies, according to the latest edition of the OECD’s annual Education at a Glance.

TV Viewing Moves Online

added: 09-09-2009

Nearly one out of four U.S. households watches TV online, up from 20 percent last year, reports The Conference Board and TNS. And Hulu.com is fast becoming the hot site – just behind YouTube.com – for watching TV programs. In fact, the number of households visiting Hulu.com has increased almost fourfold in the last year.

Fitch: Global Insurance Industry’s Negative Outlook Unlikely to Be Revised in Near-Term

added: 06-09-2009

The factors contributing to Fitch Ratings’ Negative Outlook for the global insurance industry are unlikely to improve enough in the near term to allow for a revision to a Stable Outlook. In a report Fitch describes the signs it will look for to signal an Outlook improvement including the strength of the economic recovery, improved capital access and financial flexibility and greater certainty regarding investment valuations.

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