Updated: 5/16/2006; 11:33:44 AM.

Ken Novak's Weblog
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daily link  Sunday, February 22, 2004

US Online Shopping Set to Hit Another Record Year: "It's safe to say that 2004 will be the year that consumer e-commerce breaks through the $100 billion threshold," including travel but excluding auctions, said Daniel Hess, senior vice president at comScore Networks Inc. Last year online retailers booked $93 billion in sales, an increase of 27 percent from 2002.  "The growth we've seen in online sales in the year to date is in line with the strong levels at which 2003 ended -- around 35 to 40 percent," Hess said. "  1:19:42 AM  permalink  

Demographics and Development: ""The demographic evolution is there to remind us of this: of the extra 2 billion people that will live on the planet 25 years from now, only 50 million will be born in developed countries." James Wolfensohn, President of the World Bank .. Governments must be aware that there cannot be peace unless they fight poverty, he said. "Today, five billion people live in developing countries. Thirty years from now, it will be seven out of eight billion, and yet one billion people control 80 percent of global resources," he said. Wolfensohn meanwhile underlined that he was worried that domestic matters, Iraq, and military expenditures lie at the heart of the U.S. election campaign. "Not one word will be said about the fight against poverty though it is a key component to achieve stability in the world," he predicted."  12:19:49 AM  permalink  


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Last update: 5/16/2006; 11:33:44 AM.