WEBSITE TRAFFIC

Online advertising is the shiznitz - The only business where, currently, a 35% rise in turnover in the last quarter is seen as a slight slowdown!

Yahoo will not bow down to the Yeehas - Icahn and Microsoft try to bludgeon Yahoo, rather pathetically given that they have already pretended that they don't care any more and aren't interested, other than Icahn, who is just a greedy tosser who should be told to go to hell.

POLITICS

Why India might overtake China - That, in fact, was the title of a recent white paper by the Chicago-based consultancy Keystone-India, founded by a group of top economists from Ernst & Young who believe that India is on track to surpass China in growth. "We believe this is India's moment," declares Keystone Chief Economist William T Wilson.

China vs India: which is better? - For all of 2006 and till October 2007, the Chinese stock markets were on a roll. From a paltry 1,220 in December 2005, the Shanghai Composite Index multiplied 4.27 times to 6,429 by October, registering one of the most rapid rises in stock markets across the globe. During the same period, the Dow appreciated by just 32 per cent, the FTSE by 20 per cent, the Nikkei by 8.5 per cent, Hang Seng by 114 per cent and Sensex by 115 per cent.

JOBS

UK jobless level increases again - The ONS said the number claiming unemployment benefit rose by 15,500 in June to 840,100... the biggest jump since the 71,000 rise in December 1992.

Barratt Slays 1000 Jobs - Looking for work in the UK? Bad idea.

PROPERTY

Two more years of UK-USA house price falling - House prices in the UK and the US are likely to fall for another two years, the chairman of one of the world's most powerful banks has warned.

Building materials giant announces 28% drop in profit - The world's biggest distributor of plumbing materials said it had cut 6,000 jobs since August last year.

DEBT & FINANCE

Banks are shafting people, says the office of fair trading - In a report, the regulator said much of the banks' revenues in this £8bn industry were "derived opaquely".

Payplan - One of the few genuinely free debt management services - absolutely no fees at all


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