September 2, 2010The financial crisis gave pause to many investment plans in technology but 2010 has seen vigorous interest in core system replacement in the general insurance industry. But a perennial problem of poor backoffice systems remains. As the saying goes, there are many ways to skin the legacy modernisation program. These include outsourcing, upgrading to a [...]
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August 28, 2010Personal income was flat in June but could have risen by 0.3% mom in July: nonfarm payrolls declined again due to the loss of temporary Census jobs, but aggregate working hours increased by 0.4% mom and average hourly earnings went up by 0.2% mom. Personal spending which had merely remained stable in June, is likely [...]
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August 24, 2010It’s been a while since my May 2009 post, whose title was: The consequences of printing money. What has changed since end of May 2009? Let’s try to review the two main ingredients that are influencing our economy: Government debts are increasing. Based in Switzerland - in the heart of Europe (geographically I mean since Switzerland is [...]
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August 22, 2010The economy is slowly improving but there are still a lot of people out there who can’t find work. It can be demoralizing and frustrating. However, it doesn’t have to be. Instead of worrying that you’re never going to get to do the career of your dreams, start figuring out how you can earn money [...]
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August 20, 2010The property investor and funding group began trading at 46 cents per share yesterday. Aspen Group managing director Gavin Hawkins presented the 2010 financial performance of the company later during the day. The financial report shows a marginal increase from $33.2 million in 2009 to $33.6 million annual profits this year. The profit reflected the [...]
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