Eurozone unemployment at record high as inflation drops

April 30, 2013 under Useful Articles
30 April 2013 Last updated at 07:42 ET - BBC © 2013 Unemployment in the eurozone has surged to a fresh record high, while inflation has fallen to a three-year low, boosting expectations that the European Central Bank will cut interest rates. Unemployment in the 17 countries using the euro hit 12.1% in March, up from February’s 12%, according to official figures from Eurostat. In total, 19.2m people are n
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Calgary home price growth among best in Canada

April 29, 2013 under Useful Articles
By Mario Toneguzzi, Calgary Herald April 26, 2013 CALGARY — Price growth in Calgary’s resale housing market is among the best in Canada, according to a report released Friday by the Conference Board of Canada. The report listed Calgary — along with Regina, Saskatoon, Thunder Bay, Halifax and Newfoundland — in the seven per cent plus range for average year-over-year price growth for the latest three months.
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Eurozone economic sentiment hits 4-month low in April

April 29, 2013 under Useful Articles
29 April 2013 Last updated at 07:08 ET - BBC © 2013 Confidence in the eurozone economy fell in April for a second consecutive month, increasing the likelihood of a cut in interest rates later this week. Economic morale in the 17 countries using the euro slipped 1.5 points to a worst than expected 88.6, according to the European Commission. It is now at a 4-month low. Economists said the disappointing data meant
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Spring into the buying market

April 29, 2013 under Useful Articles
April 27, 2013 – 12:00am VANESSA ROMAN | PROPERTY PROSPECTIVES Summer may be warm, but spring is the HOT season in the land of real estate. Everyone’s working flat out to sell and buy property, which presents you with opportunities and challenges. Real estate agents —myself included — bankers, lawyers and home inspectors are all vying to get buyers and sellers like you to move up and down the property
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Property values soar in Saskatchewan

April 29, 2013 under Useful Articles
By Jeff Davis, The StarPhoenix April 28, 2013 Residential property values in Saskatchewan are rising faster than anywhere in Canada. Assessed home values jumped 133 per cent between 2006 and 2011, according to a report released by Statistics Canada this week. Values in Saskatoon jumped by an average of 150 per cent in five years, while values in Regina rose by 135 per cent, the report notes. The next-closest citie
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French unemployment at new high

April 29, 2013 under Useful Articles
25 April 2013 Last updated at 14:50 ET - BBC © 2013 The number of unemployed people in France rose to a fresh high last month, official data shows. There are now some 3.2 million people seeking work in France, 11.5% more than a year ago and 1.2% more than in February, the labour ministry said. The number of jobseekers is the highest since records began in January 1996. The ministry does not express the jobseeke
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US economy grows 2.5% on buoyant consumer spending

April 29, 2013 under Useful Articles
26 April 2013 Last updated at 16:21 ET - BBC © 2013 The US economy grew at an annual rate of 2.5% in the first three months of the year, helped by the strongest consumer spending figures in two years. While the growth figure was lower than analysts’ expectations, it was better than the 0.4% rate recorded in the final quarter of last year. Consumer spending rose at an annualised rate of 3.2%, according to
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The global slowdown is hinting at a ‘major re-alignment of the markets’ — and it won’t be pretty

April 25, 2013 under Useful Articles
Matthew Boesler, Business Insider | 13/04/24 | Last Updated: 13/04/25 9:00 AM ET Different markets sending different signals. That’s the gist of BofA Merrill Lynch rates guru David Woo’s latest report – titled “The impossible trinity: A tale of three cities” – which begins like this (emphasis added): The commodity market is saying global growth is slowing. The US equity market is saying US consum
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Even in a real estate slump, Canadians lured into bidding wars

April 25, 2013 under Home Buyer Resources
Garry Marr | 13/04/23 | Last Updated: 13/04/23 6:34 PM ET People still willing to jump into real estate bidding wars might want to ask themselves why they want to be part of such a buying frenzy in this softening market. It always costs you, if you are buying. But apparently some Canadians are still willing to do the bidding of organized real estate and go to war over price. A new survey from Bank of Montreal f
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China’s factories crawl and Germany’s shrink

April 25, 2013 under Useful Articles
Andy Bruce, Reuters | 13/04/23 | Last Updated: 13/04/23 11:32 AM ET NEW YORK/LONDON – Major economies in North America, Europe and Asia lost some momentum this month, a clutch of business surveys showed on Tuesday, raising concerns about the strength of the global recovery. China and Germany, the world’s biggest exporters, both lost a step in April. Growth in Chinese factories slowed to a crawl as export de
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