Business and Finance

Clearstream’s core business areas saw further growth during May 2005 with the number of international transactions processed by Clearstream rising to 1.52 million for the month representing a rise of 14.4 percent compared to the same month last year (May 2004: 1.33 million). Of these transactions, 14 percent are registered as stock exchange transactions, 86 percent are Over the Counter (OTC) transactions.

Additionally, the value of assets held in custody on behalf of customers rose to EUR

A specialist of the State Nature Conservation Area “Wrangel Island”, N.G. Ovsyanikov, has been observing polar bears closely for many years, when the bears arrived at the island coast in autumn, once pack-ice recedes. In the researcher’s opinion, perception of a polar bear as a solitary predator, which is not practically tied with its congeners, is not true. Polar bears do not lose sight of each other and build up rather complicated social relations.

When pack-ice starts thawing

The value of property is linked more closely to income and ability to pay tax than many people think, according to new research sponsored by the ESRC.

With council tax still a hot issue, a study led by Dr Michael Orton, of the University of Warwick, found that the problem of people on low incomes living in high value properties may also be less common than often assumed.

Dr. Orton said: “We found that for owner-occupiers there is overall a clear and positive relationsh

Clearstream’s core business areas experienced further growth during April 2005 with the value of assets held in custody on behalf of customers rising to EUR 7.9 trillion, a rise of 2.6 percent from the end of the same month last year (April 2004 EUR 7.7 trillion). The number of international transactions processed by Clearstream also rose to 1.60 million for the month representing a rise of 10.3 percent compared with the same month last year (April 2004: 1.45 million). Of these transactions, 15 per

A new fashion company making clothes that release complimentary medicines into the skin when worn and a new broadband youth TV channel tailored to the young Asian market, are among the latest creative businesses to win start up grants of up to £35,000 from NESTA (the National Endowment for Science, Technology & the Arts), the organisation that invests in UK creativity and innovation.

The awards were made through NESTA’s Creative Pioneer Programme, which aims to invest over £3 mil

Europe’s growth slowed in the 1990s, reinforcing the overall impression of a need to catch up with the US regarding standards of living. In reaction, EU leaders adopted the famous Lisbon Agenda in 2000. The Agenda is now under review, the aim being to determine why progress on its pro-growth goals has been unsatisfactory and what can be done about it. The first crucial step in this process is to understand the true sources of the European growth slowdown. Sources-of-growth calculations have al