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Broadband Services Remain a Top Spending Priority for Consumers Even in Tight Economic Times

added: 26-06-2009

Consumers are unwilling to part with their broadband services at home even in the midst of the economic downturn, preferring to cut spending on things like dining out and leisure travel, according to a series of recent studies sponsored by Alcatel-Lucent.

World's Largest Expat Survey Reveals Crunch Hits Expats Hard

added: 25-06-2009

HSBC Bank International revealed that the current economic crisis has had a significant impact on expats' financial situation, according to the world's largest survey of expats, Expat Explorer. The first of three instalments of this year's survey, Expat Economics, showed that expats have reduced spending across the board, with the UK and the US identified as having some of the highest numbers of expats considering a move home.

Global Downturn Causes Slump in Cross-Border Investment, says OECD

added: 25-06-2009

Foreign direct investment (FDI) into 17 OECD countries, including France, Germany, Japan, the UK and the US, fell by 50% in the first quarter of 2009 compared with the last quarter of 2008, according to estimates by the OECD released at the OECD Forum in Paris.

The Conference Board Leading Economic Index™ for Australia Increased 0.7 Percent in April 2009

added: 25-06-2009

The Conference Board Leading Economic Index™ (LEI) for Australia increased 0.7 percent and The Conference Board Coincident Economic Index™ (CEI) increased 0.1 percent in April.

Russia Takes Key Step Forward in OECD Membership Negotiations

added: 25-06-2009

Russia formally launched negotiations for its future accession to the OECD by submitting a detailed “Initial Memorandum” setting out where it stands in relation to the policy standards and practices that are basic criteria for membership of the Organisation.

Weak Recovery in Sight but Damage from Crisis Likely to Be Long-Lasting, says OECD

added: 25-06-2009

The slowdown in OECD economies is reaching the bottom following the deepest decline for more than 60 years, says the OECD’s latest Economic Outlook. But recovery is likely to be weak and fragile, and the economic and social damage caused by the crisis will be long-lasting.

Census Bureau Reports World's Older Population Projected to Triple by 2050

added: 25-06-2009

The world's 65-and-older population is projected to triple by mid-century, from 516 million in 2009 to 1.53 billion in 2050, according to the U.S. Census Bureau. In contrast, the population under 15 is expected to increase by only 6 percent during the same period, from 1.83 billion to 1.93 billion.

Unemployment in OECD Countries to Approach 10% in 2010, says OECD

added: 24-06-2009

Unemployment in OECD countries will continue to rise well into 2010, with the average unemployment rate approaching 10%, up from 7.8% in April, according to new OECD projections.

More Britons Looking for Property Abroad

added: 24-06-2009

Searches for international property on Primelocation.com show that the British are still interested in buying abroad despite the economic slowdown.

Deloitte Finds Insurance M&A Likely to Increase in Late 2009

added: 23-06-2009

With many insurers and financial institutions looking to fund potential capital shortfalls by divesting non-core insurance businesses at attractive valuations, strategic buyers and sovereign wealth funds may be able to expand into new markets through acquisition, according to Deloitte's The 2009 Insurance M&A Outlook: Opportunity in an Uncertain Environment.

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