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Annual Inflation in the OECD Area at 4.5% in September 2008

added: 04-11-2008

Consumer prices in the OECD area rose by 4.5% in the year to September 2008, compared with 4.7% in the year to August 2008. Month-on-month, the price level remained stable in September, compared with a decrease of 0.1% in August.

Australian Economy: Rate Cut Coming, Again

added: 04-11-2008

A very mixed picture for the economy from a slew of figures released yesterday means a half a per cent rate cut is now firmly on the cards.

World Bank Group 2008 Global Poll: Overcoming Poverty Remains Biggest Challenge to Developing Countries

added: 03-11-2008

Improving economic conditions for the world’s poorest people remains both a top priority and the largest development challenge, according to a global poll of 2,500 opinion leaders commissioned by the World Bank Group (WBG). The poll, the only one of its size and breadth among multilateral organizations, is a tool for the World Bank Group to assess and improve its work on the ground.

OECD Countries Agree on New Approach to Cut Fraud and Corruption in Public Procurement

added: 03-11-2008

OECD countries and industry must do more to crack down on fraud and waste in government contracts, such as building new schools and roads, that cost taxpayers billions of dollars every year, says OECD.

G7 Merchandise Trade Volume Growth Slows in Second Quarter 2008

added: 01-11-2008

Merchandise import volumes of the Group of Seven countries fell by 1.4% in the second quarter of 2008 compared with the previous quarter, while the volume of exports declined by 0.3%. On a year-onyear basis, import volume growth, at only 0.3% for the second quarter 2008, continued the general decline evident since the second quarter of 2006.. Exports grew by 4.9%.

NASA Measurements Show Greenhouse Gas Methane on the Rise Again

added: 31-10-2008

The amount of methane in Earth's atmosphere shot up in 2007, bringing to an end approximately a decade in which atmospheric levels of the potent greenhouse gas were essentially stable. The new study is based on data from a worldwide NASA-funded measurement network.

The Leading Index for Australia Increased 0.4 Percent in August 2008

added: 31-10-2008

The Conference Board announced that the leading index for Australia increased 0.4 percent and the coincident index increased 0.1 percent in August.

U.S. Capital Gains Tax Rate Uncompetitive With Many Other Major Economies

added: 30-10-2008

The U.S. capital gains tax rate compares unfavorably with many major economies, trading partners and developing countries, according to a new report by Ernst & Young LLP, commissioned by the American Council for Capital Formation (ACCF). The report compares individual long-term capital gains taxes among 25 major economies of the world and more than half of the countries surveyed have individual capital gains tax rates lower than that of the U.S.

Fed, China Cut Rates

added: 30-10-2008

The Federal Reserve has cut US interest rates by half a per cent. The cut will disappoint a significant group in the market who were tipping a bigger cut of 0.75%. The cut put the central bank's federal funds rate at 1%.

European and North American Mobile Broadband Study Finds Change Is Key to Maintaining Profitability

added: 30-10-2008

Camiant, Inc announced a newly published study, "Mobile Broadband in North America and Europe: Change is Key to Maintaining Profitability," that explores mobile broadband adoption and growth trends in Europe and North America as well as operators' capabilities to control and monetize growth. The custom research outlines the challenges in the mobile broadband marketplace and proposes a set of elements for new business models to alleviate expected negative consequences of broadband commoditization.

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