Manpower Inc. released this week the results of its Borderless Workforce survey of nearly 28.000 employers across 27 countries and territories revealing that 31% of employers worldwide are concerned about the impact on the labor market from talent leaving their country to work abroad
The US 2008-09 soybean crop is forecast at 81.90 million tons, down 2.5 million tons from a previous estimate after heavy rain in the US Midwest, according to Hamburg-based oilseeds analysts Oil World.
European Central Bank council member Klaus Liebscher said the bank has to be tough when deciding on interest rates and described the current inflation in the Euro zone as alarming, according to an interview with Market News International.
IMF chief Dominique Strauss-Kahn warned on Monday of the rising threat of inflation in Latin America, urging policymakers to take steps to contain the shock to prices from energy and food.
China will cap price rises by manufacturers to keep consumer inflation stable following the country's fuel price hike, the National Development and Reform Commission said in a statement over the weekend.
Luxembourg is by far the richest country in the European Union, with Ireland second at almost half its gross domestic product per capita, while Bulgaria is the poorest, according to the latest release from the European Union statistics office.
A divided International Whaling Commission opened its annual conference in Chile on Monday with hope for a compromise on whale hunting, which continues around the world, spearheaded by Japan, despite a 22-year commercial ban.
Leading oil exporters have acknowledged the need to boost supplies to curb soaring prices but stopped short of specific commitments on extra output. Following their week end crisis summit in Saudi Arabia, officials noted price levels were hostile and more investment was needed to ensure adequate supplies.
European Union leaders have admitted that the Czech Republic may not be able to ratify the Lisbon Treaty, which has already been rejected by the Irish. The declaration from their summit in Brussels notes that the Czech process is on hold due to legal difficulties.
The European Parliament (EP) on Thursday proposed increasing fishing sector aid up to EUR 100,000 (from 30.000 EUR) per vessel, instead of per company – as is the case today - in order to alleviate the effect of rising fuel prices.