(B-roll German container port, manufacturing, retail, ecb) Financial market turmoil, a slowing U.S. economy and soaring commodity prices will curb euro zone growth more than expected this year and next, while inflation will stay above the ECB target. Thats the view of the European Commission. In its twice-yearly economic forecasts, the EC said growth in countries sharing the euro would slow to 1.7 percent this year from 2.6 percent in 2007. Inflation is tipped to accelerate to 3.2 percent in the whole of 2008 - up from just over 2 percent in 2007. Price growth is mainly being fuelled by a surge in food and oil prices which is also dampening consumer demand. (frankfurt skyline or boerse) But, an inflation slowdown in five German states in April shows its not all bad news in the euro zone, and that means less chance of a rise in interest rates by the European Central Bank. The numbers from Germany offer some of the first insights into prices in the broader euro zone, where annual...
The economic gap between China's rural poor compared to those living in urban areas is widening, as China sees its worst inflation in 11 years. While the growing middle class living in the cities...
Award-winning device designed for patient ease of use, reliability and convenience EMD Serono, Inc. announced today the availability of easypod®, the first of its kind automated device in the...
Sub-$10 Processor Combined with Complete Digital Video Evaluation Module Saves OEMs Months of Development Time Driving the market growth for next-generation, portable, high-definition (HD) video...
The credit squeeze is tightening its grip on Britains economy. The Office for National Statistics showed that it grew only 0.4 percent in the first quarter, compared to 0.6 in the previous quarter...
US gas prices seem to hit new records each week. Home foreclosures and defaults have raised alarm bells. Now there are worries about food. Soaring food prices forced some major US retailer to...
Truveo video search lets you search and find videos from across the Web. Use Truveo to find all types of online video including hit television shows, full-length movies, breaking news clips, sports highlights, music videos, or the latest viral videos. If you are looking for a specific video, Truveo video search can help you find exactly the video you want. Truveo can also help you browse through video across the web and discover new videos that you might like.