Brussels - Inflation in the European Union is set to fall sharply thanks to lower oil prices, giving countries such as Poland and the Baltic states a better chance of joining the euro, the EU's top economist said Monday.
"Commodity prices are more likely to fall ... on the back of deteriorating growth prospects and weaker demand coming from emerging countries. This would ease inflationary pressures," EU Economic and Monetary Affairs Commissioner Joaquin Almunia said.
London, Nov 3 : English fashion and glamour model Danielle Lloyd was spotted having the time of her life and escaping the October freeze on a Dubai beach.
While millions are covering themselves up back home, Lloyd, 24, is busy sipping cocktails with pals in the Middle Eastern hotspot, and having buff lads waiting on her.
Even though she is enjoying the warm weather and attention, she most definitely does not seem to have romance on her mind.
“There’s no men at all involved in this holiday – apart from the fit serving staff,” the Daily Star quoted a friend of hers as saying.
Seoul - Microsoft Corp plans to invest 60 million dollars in South Korea's software industry over the next three years, chief executive Steve Ballmer told President Lee Myung Bak Monday during a visit to the Asian country.
The world's largest software maker wants to concentrate its investment on advancing software developers and new companies in the industry, Ballmer was quoted as saying by Lee's office.
US-based Microsoft also wants to encourage these firms in their expansions to other countries, he added.
Before his meeting with Lee, Ballmer signed an investment agreement with South Korean authorities for the promotion of the software sector.
Melbourne, Nov 3 : The cheapest place in the world to buy an Apple iPod is Australia, owing to the dramatic fall in the country’s dollar in the last several months, says a new study.
The study conducted by CommSec reflects its "iPod index", which measures the price of an 8GB iPod nano in 62 countries to compare currencies.
According to CommSec chief economist Craig James, Australia went to the cheapest spot after being placed 14th cheapest in July.
The study revealed that an 8GB iPod costs 131.95 US Dollars.
Melbourne, Nov 3 : Aussie football players indulge in the riskiest drinking outside the football season, reveals a study on drinking patterns of AFL (Australian Football League) players.
The study underlined the fact that the drinking habits of AFL players differ significantly from those of the general population.
This is the first study to put an entire sporting clan under the scanner, and as the researchers claim, the results suggest that there’s a need to apply an entirely different approach to alcohol education for this group.