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Germans, French and Spanish Adults Oppose Working Past Retirement Age for Larger Pensions

added: 27-05-2009

As the economic crisis continues around the globe, adults in the five largest European countries and the U.S. have different ideas about what it will mean for their retirement and their pensions or retirement savings. Seven in ten Germans (71%) and majorities of French (54%) and Spanish (53%) adults would oppose the idea of working beyond the current state pension/social security age to receive a larger pension while two-thirds of Americans (66%), three in five Britons (61%) and Italians (59%) would support such this idea.

Empower Local Job Agencies to Better Tackle Rising Unemployment, says OECD

added: 27-05-2009

Human capital will be crucial to re-building prosperity following the global economic slowdown. Skilled people are not only less vulnerable to redundancy, but will also help companies to innovate, adapt to change and harness technology on the route back to productivity.

New Survey Documents Toll of Economic Crisis on Customer Relationships With Banks, Outlines Steps To Rebuild Trust and Confidence

added: 27-05-2009

Results of a new survey released by S1 Enterprise confirm that troubles in the banking sector have taken a toll on customers' relationships with their financial institutions - and provide insights on how banks can rebuild trust and confidence. Fielded among more than 1,200 U.S. and European consumers and 54 large corporate banking customers in April 2009, the survey finds that only 9 percent of consumer respondents in the U.S. and in Europe are currently confident in financial institutions.

GDP in the OECD Area Fell by a Record 2.1% in the First Quarter of 2009

added: 25-05-2009

Gross domestic product (GDP) in the OECD area fell by 2.1% in the first quarter of 2009, the largest fall since OECD records began in 1960, according to preliminary estimates, and followed a fall of 2.0% of GDP in the previous quarter.

RICS Global Commercial Property Survey Q1 2009

added: 25-05-2009

The pace of decline in capital values accelerated in the first quarter with countries in both Western Europe and Emerging Europe hit by price falls, says RICS' Global Property Survey.

In a Bad Economy, Sleep is an Undiagnosed Health Hazard for US Workers

added: 24-05-2009

A new survey released by Royal Philips Electronics shows that the average manager is sleeping 19% less than the recommended amount of eight hours a night. The survey, conducted in five countries around the globe, showed that 40% of those questioned blame the state of the world economy as the major reason for their lack of sleep.

Although Erosion of New-Vehicle Retail Sales Is Slowing, Typical Spring Selling Boost Has Been Tempered by Consumer Uncertainty

added: 22-05-2009

While the rate of decline in new-vehicle retail sales has slowed in May, compared with the previous 12 months, a high level of consumer uncertainty remains, which has led to a flattening of retail sales and a projected delay in market recovery of two to three months beyond the spring selling season, according to J.D. Power and Associates, which gathers real-time transaction data from more than 10,000 dealerships across the United States.

Policy Responses Encouraging, but Households in EU10 Countries Feeling Crisis Impacts

added: 21-05-2009

The World Bank revealed that while the policy responses have been encouraging, the global economic and financial crisis is having a deepening impact on households in EU10 countries, and urged Governments to restructure their public finances to help mitigate the social costs of the crisis.

Fitch: European Banks Can Expect Funding Renewals

added: 21-05-2009

Fitch Ratings said at its annual Global Banking Conference in London that European governments are likely to renew bank funding and liquidity facilities where necessary until the global financial system returns to a normal operating environment. Fitch does not expect acute refinancing risk because governments will not want to repeat the current financial crisis.

Global Airline Capacity for May Holds Steady, Reports OAG

added: 21-05-2009

Despite fears of the potential impact of the swine flu virus, statistics from OAG, the world's leading aviation data business, reveal the year-on-year decline in global airline capacity has not accelerated for May 2009 compared to figures for April when the outbreak began.

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