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Kenya: Blame Brokers, Say Market Players As Reality Sinks

Rogue stockbrokers, not the electronic trading system, are to blame for the financial crisis facing Nyaga Stockbrokers and other ills afflicting the stock market.

According to a survey carried out by the Nation, adequate discipline backed by harsh penalties for any transgression would rid the Nairobi Stock Exchange (NSE) of such wayward brokers.

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Job hunting in tight times

When the job market slumped in the last recession, some job offers to graduating students were rescinded or delayed for months.</p><p>Despite the softening job market this year, that doesn't appear to be a trend — so far.</p><p>Unless something drastic happens between now and commencement, the college graduates of 2008 — assuming they already have their start dates — are likely to draw paychecks as planned.</p><p>But bets aren't as strong for students who still are job hunting. Some online job sites are detecting a slowdown in employer appetite for new hires.</p><p>Beyond.com, a network of niche career sites, says companies that are shrinking their training budgets are shying away from hiring new grads.</p><p>The theory is that new workers need more supervision and training, so it's better to spend money on perhaps just one experienced, “star” employee.</p><p>Rich Milgram, CEO of Beyond.com, says prior experience is key for graduates.


The Weakening Economy and Your Direct Marketing Efforts

Ripples from the Housing Market Bubble? Financial Institutions at Risk? Oil Prices Climbing? Are Consumers Losing Confidence? No wonder over half of direct marketers recently indicated they expect a recession in the next twelve months. While predicting whether the economy will �officially� experience a downturn is proving unusually difficult, one thing can be clearly seen: making your numbers in 2008 is bound to be challenging.

In this virtual seminar, Dr. Peter Johnson, the DMA�s Senior Economist and VP of Research Strategy and Platforms will give an overview of the latest and most significant trends coming at direct marketers from the overall economy, as reported by Global Insight and the DMA�s Quarterly Business Review. By attending this virtual seminar, you�ll learn how other direct marketers are adjusting their numbers � whether it is shrinking or growing budgets, shifting dollars among different channels or services, or revising revenue forecasts � all the key numbers will be here.


Will a key interest rate cut make a difference in the sluggish housing market?

(WHAS11) - It's usually an exciting time of year for local real estate agents when more homes are placed on the market and more people are out looking. But right now home sales are still sluggish.

Will a key interest rate cut announced one week ago make a difference?

It's mixed news from the greater Louisville association of realtors. While home sales are down 14%, the average sale price this year is up about 4 percent.

But if you're aiming to buy or sell a house, don't expect any new help from mortgage rates.

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