The Daily Business Digest

One out of five black men of the age 20 to 24 is found to be not going to school or work. University of Boston in a employment research found that recession is the reason behind that. In 2007 recession began an teenagers had a bad time finding jobs.

The people of low income group saw their teenage children depend on their par time jobs. The Census Bureau data revealed that around 26% of American teenagers had jobs in 2009.

The unemployment rate stood at 10 % at December in United States. Some people have got discouraged and stopped searching for a job. The unemployment was more in the age of 16 to 24. The government has taken lot of corrective steps to re enroll the school dropouts.

But nothing seems to be really working. The US economy could really face long term problems if a good percentage of teenagers are out of jobs for longer duration.

Planemaker Airbus has raised the price of its aircraft by an average of 5.8% to counteract the effects of a weak dollar and rising material costs.

In a statement, the company said the increase, which applied from the beginning of January, includes all new aircraft.

It is the first price increase by the company in two years.

“We have tried to keep prices down for as long as we can,” said John Leahy, chief operating officer at Airbus.

“However, even with record aircraft deliveries and impressive orders in recent years, the continuing strength of the euro against the US dollar and the ongoing financial challenges ahead have forced us to take action,” he said.

Earlier this month, Airbus said it delivered 498 aircraft to customers in 2009 – 15 more than in 2008.

People love to play different games in the casinos. There are lots of games to choose and play. Though it is not the best way to make money, people still prefer to go there and choose to play since they have loads of fun in the process. They also end up making money sometimes which only adds to the fun quotient.

One of the games that people simply love to play everywhere int eh casinos is the game of blackjack. It is a simple game. It does not require great intelligence. One does not need to remember a number of rules and regulations about the game to play it.

That is why the game is very popular in the online versions of the casinos as well.

But, before playing the game, it pays to learn a few things so that the fun is good.

One, you need to know which online casinos are good to play the game at. Two, you need to know the basic rules though they are simple to learn. Once you learn both, the way you play and hence what kind of fun you have would be much better than before.

That is where the OnlineCasinoSuite which is kind of a guide for all the blackjack online comes in.

The big banks of the US, Europe and Japan and also the regulators from these countries are now heading for a truce, as both of them are interested in getting out the current mess quickly. The bankers are willing to travel the extra mile to ensure better regulation and safety of the banking system across these countries.
The consensus on the need to avoid another big bank collapse has come out after both the sides hit at each other in the open.
The future course of actioning may not be that easy, as there could be more conflicts between the two in framing acceptable fool proof rules and regulations.

Taiwan is a very small country which got separated from China few decades back, and it is continuously under threat from China. China does not want any external interference in the issue, but it is the most juicy issue for US to keep haunting China easily.
So the US administration has now decided to sell six billion dollars worth of arms and high technology weapons to Taiwan. US says that the deal has been pending for the last several years and it has kept China informed on the negotiations.
Now China has hit back saying that further relationship between many US military companies and Chinese companies will be hit badly. It has gone ahead and notified banning of many US companies in future deals with China.

Unemployment in the 16 countries that use the euro hit 10% in December for the first time since the single currency was introduced in 1999.

It had been reported that the rate hit 10% in November, but this has subsequently been revised down to 9.9%.

Some 15.8 million people are now out of work in the eurozone, according to Eurostat.

Across all 27 countries that make up the EU, there are now 23 million people unemployed.

Youth unemployment

Latvia has the highest jobless rate in the EU at 22.8%.

Spain continues to have the highest rate in the eurozone – rising to 19.5% in December, up from 19.4% in November.

One of the secrets that business leaders adopt is to re-energize themselves on a periodic basis. Thinking through and visioning are not exactly child’s play. It can be draining and that is the last thing that a leader wants to feel. A leader always wants to be energetic.

But, how do you re-energize yourself? That is where resting and relaxing in places such as the montego bay hotels comes in.

It is now the turn of Honda to recall.

Honda has announced the recall of 646,000 cars globally to fix a switch defect that could cause a fire.

The recall includes Jazz models, also known as Fit in some countries, built in Japan, China, Brazil, Thailand, Malaysia and India, Honda said.

Three cases of fires due to the defect have so far been reported – two in the US and one in South Africa.

In September, two-year-old Vanilla Nurse was killed in Cape Town when the car she was sleeping in caught fire.

The total number of recalls includes 619,000 Jazz, or Fit, models globally and 27,000 City models in Asia.

In the US, 140,000 vehicles are being recalled. Just over 171,000 Jazz cars in Britain will be recalled in March.

In a statement, Honda said a defective master switch could cause water to enter the power window switch and could, in some cases, cause a fire.

The beauty of a home is defined by many things. One, the walls should look good. The overall beauty of the rooms should be good. It should not look cluttered and so on and so forth. One of the most important things in this is how the floor of the home looks. The floor of the home should be smooth and clean. For this to happen, the tile used on the floor should be very good.

French media giant Vivendi will have to pay damages that could total millions of dollars after a US jury found that it misled investors.

The jury agreed with a civil lawsuit brought by Vivendi investors that accused the company of exaggerating its financial health in 2001 and 2002.

However, former Vivendi bosses Jean-Marie Messier and Guillaume Hannezo were found not liable.

Vivendi said it would appeal against the verdict.

The case centred on Vivendi’s financial state between October 2000 and August 2002, during which time its shares lost about 90% of their value following a merger with French television group Canal+ and the acquisition of Universal Studios from Canadian company Seagram.