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Friday, 19 January 2007

The top economic growth and fiscal performances in 2007 are likely to be from countries outside the ranks of the most developed Western nations, according to a new set of sovereign risk forecasts from Standard & Poor's Ratings Services. The U.S. is set to drop out of the 10 rated countries with the highest GDP per capita in 2007.

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Wednesday, 17 January 2007

Small business owner optimism reached new heights during Q4 2006 as the Wells Fargo/Gallup Small Business Index set a record high Index score of 114. This is up four points from Q3 2006 and is the highest level for the Index since its inception in August 2003, when it stood at 69.

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Tuesday, 16 January 2007

The amount of money consumers spent with the top 250 retailers in the world reached a record $3.01 trillion between July 1, 2005 and June 30, 2006, up 6 percent over last year's total of $2.84 trillion, shows a new report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine. The retail sales data shows that consumer spending around the globe reached an impressive $90,000 per second, or $5.4 million per minute, at the world's 250 biggest retailers.

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Tuesday, 16 January 2007

The move toward greater economic freedom worldwide stalled over the last year, according to the 13th annual Index of Economic Freedom, released today by The Heritage Foundation and The Wall Street Journal. The 157 nations rated in the new Index received an average economic freedom score of 60.6 (on a scale in which 100 represents ideal economic freedom). That's down slightly (0.3 percentage points) from the previous year's average, but still rates as the second highest level of freedom in Index history.

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Tuesday, 16 January 2007

Generally speaking, Europeans enjoy a higher-than-average level of economic freedom. However, restrictive labor policies are slowing the region's growth, according to the 2007 "Index of Economic Freedom" published annually by The Wall Street Journal and The Heritage Foundation.

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Tuesday, 16 January 2007

Economic freedom generally advanced in the Middle East and North Africa last year. Yet the region still lags behind much of the rest of the world, according to the 2007 "Index of Economic Freedom" published annually by The Wall Street Journal and The Heritage Foundation. This year's index provides an even more precise snapshot of economic freedom than its predecessors. Its revised methodology draws upon the best and latest information, including World Bank Data previously unavailable to outside researchers. It also uses a new rating system in which economies are ranked on a 100-point scale, with a higher score representing greater freedom.

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Tuesday, 16 January 2007

Overall the Western Hemisphere boasts a higher than average degree of economic freedom. However, the Americas' historic march toward greater freedom largely stalled last year, according to the 2007 "Index of Economic Freedom."Published annually by The Wall Street Journal and The Heritage Foundation, the new index uses a revised methodology to provide an even more precise snapshot of economic freedom than its predecessors. The new index incorporates the best and latest economic information, including World Bank Data previously unavailable to outside researchers. It also uses a new rating system in which economies are ranked on a 100-point scale, with a higher score representing greater freedom.

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Tuesday, 16 January 2007

Economic freedom broadly declined last year in Sub-Saharan Africa, an area that remains home to more "repressed" economies than any other region, according to the 2007 "Index of Economic Freedom." Published annually by The Wall Street Journal and The Heritage Foundation, the new index uses a revised methodology that provides an even more precise snapshot of economic freedom than its predecessors.

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