United Kingdom April 2013 PMI rose 49,8

Finance Info -United Kingdom Manufacturing Index (purchasing managers index/PMI) almost back to growth in April 2013, and home prices showed the biggest annual increase in more than a year. The Data indicate that economic recovery is slowly beginning to find its way.

"If we can maintain it for a quarter more, we really can change the angle of the back," said the Deputy Governor of the Central Bank of the United Kingdom (Bank of England-BoE) Paul Tucker, as reported by the Reuters, Wednesday (1/5/2013).

"I think there's a long way to go, and there must be some reason for hope," he added.

The economy grew 0.3 percent in the first quarter, in which analysts expect the signs of recovery in manufacturing — which accounts for a tenth of the gross domestic product (GDP) of the United Kingdom-the beginning of stronger second quarter.

CIPS/Markit PMI rising to 49,8 United Kingdom in April 2013 from 48,6 revision in March, putting the sector within the 50 line separates growth from contraction.

Economists see much weaker reading of 48.5. United Kingdom housing market also showed signs of resilience.House prices edged down 0.1 percent in April from March, but lost 0.9 per cent compared to last year-best growth in 14 months (according to mortgage lender Nationwide).

(dmd)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

In the minimum wage, the United States lags behind many competitors

Australia, in roughly $ 17 an hour, tops among developed nations in per hour minimum wage.

Highest minimum wage in the world in Australia, where workers are paid at least 15.96 Australian dollars, or $ 16.91 an hour.

Also some major economies in Europe than the United States to pay the minimum. Only France has raised the minimum wage to 9.43 euros or $ 12.68 hours, while the pay of workers in the United Kingdom at least 6.11 British pound, or about $ 9.50.

Canada does not have a national minimum wage, but less than the provincial minimum wage in Alberta, where the workers must be at least CAD $ 9.75, or pay $ 9.73, while workers get at least $ 10.27, Yukon.

Figures released by the Organization for economic cooperation and development, a multinational research, nine countries in the world in terms of the minimum wage is more than $ 9 a proposal President Obama.

There are eight that do not have any form of minimum wage, according to the Organization for economic cooperation and development, including Germany and Italy. And some economies have a minimum wage that is set very low on a weekly or monthly basis, and not every hour.

The impact of minimum wage $ 9

In China, the minimum monthly General. A higher minimum wage in Shenzhen, where workers are guaranteed 1,500 Yuan, or about $ 240.49.

Beijing, with a minimum of $ 2.24 per hour.

Earlier this month, the Chinese Government is raising the minimum wage across most of the nation to 40 per cent of the average salary by 2015

There are some advanced economies with less than the minimum wage in the United States, but not many.

One is Japan, which sets the floor for wages on a regional level. Regional minimum wage the lowest it pays is in 256, or just about $ 6.75 an hour, just below the United States the current minimum wage of $ 7.25. The average minimum wage in Japan is about $ 8.02 an hour, while you must pay low-wage workers in Tokyo at least $ 9.10 an hour.

First published: 13 February 2013: 2: 08 pm et

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics

The United States buys two-thirds of the unmanned aircraft in the world

US forces increasingly used unmanned aircraft systems such as these in their operations.

This means big money for companies that make them.

Companies benefiting from this expenditure includes Northrop Grumman (NOC), atomicus ", Lockheed Martin (LMT), Boeing (BA) space Israel wotkstron (TXT). All figures provided in this story, except those relating to f. 35, Maple Derek IHS Jane's principal analyst.

It is estimated that the drones were 31 per cent of us military aircraft fleet, although many of those small and unarmed aircraft.

A drone is much cheaper than a fighter plane, but Monday perfectly suited to different missions.

Drones hover for extended periods of time, and can work in places too dangerous to send people. It is usually used in places where the danger as they shot low, or reconnaissance missions as it is not decisive that survives a drone.

Fighter aircraft are generally much faster and more maneuverable, and can carry more weapons, said Dan jury, analyst at the Lexington Institute. Fighter aircraft, cruise missiles, used when must take out a target weildivindid.

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics