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http://www.instablogs.com/ eCommerce walking tight rope The current economic downturn has left very few businesses unaffected. eBay too has registered its first decline in 13 year history. There has been 1 percent fall in the value of goods sold by the site and first ever decline in revenue which had been growing at 30 percent this time until last year. With the downturn becoming increasingly palpable more and more people would be inclined towards selling things to come up with cash. Even then it seems that it would be difficult to make for the revenue decline. To say that in difficult economic conditions, buyers and sellers are more likely to turn to eBay in pursuit of a bargain, or to raise needed cash is not inviting enough. Online shoppers today are smarter than web consumers of 1990s. Essentially, buyers have discovered that they can find deals that are just as good elsewhere around the Web these days, and in environments that are easier to use and offer greater certainty and security than eBays. Sellers too will catch on and follow the buyers and this time not necessarily on eBay. Its tough calling for ecommerce. New Zealand pessimistic about economy New Zealand consumers are more pessimistic about the outlook for the economy as global credit- market turmoil sparks concerns about financial stability. Most of the people expect that the economy will only worsen over the next one year. Confidence has fallen after the economy slumped into a recession in the first half of this year and the global credit crisis threatens a second-half recovery. The governments plan to guarantee the deposits with the nations banks and the non-bank lenders too is quite unlikely to bolster confidence or even increase the spending. The reserve Bank of New Zealands delay in reviewing the schedule rate in the current environment too is beyond logic and has left many annoying. With the fast approaching November 8 elections Prime Minister Helen Clark has backed her management of the economy to help overcome her deficit. Nothing can deny that the financial turmoil will definitely have an impact upon results of the upcoming elections. For instance, according to a poll conducted by Television New Zealand Helen Clark's Labour Party had 33 percent support compared to the main opposition National Party's 51 percent. Millions face starvation in Horn of Africa A combination of drought, conflict, and rising food prices has left more than 17 million people in the Horn of Africa sliding into a full-blown humanitarian crisis that's the equivalent of nearly the entire population of Australia facing starvation. The countries of Kenya, Somalia and Ethiopia are heading into the peak hunger season when cereal prices are at their highest, and families have no stocks left from the previous harvest. In Kenya, poor families are paying as much as 80 percent of their income just on food alone. But with world markets in a downward spiral and world leaders warning of a coming global recession, the food crisis and the fate of 17 million people in Africa is being pushed down the list of priorities. As the governments tighten their spending, the international community must focus their efforts on disaster risk reduction, investing in food production and providing long-term safety nets to prevent the poorest from falling over the edge into starvation. UK pair jailed for sex on Dubai beach Two Britons arrested in Dubai and charged with indecent behaviour, being drunk in public and having unmarried sex are to appear in court. If found guilty at next week's trial, they could face punishment between three months and six years in jail. However, the question is would the pair face a similar fate had they been carried by the heat of the moment on shingling shores of Britain? Authorities in UK usually turn a blind eye to sex on beach if in isolated spot entailing considerable amount of privacy. The act could outrage public decency if it is reported by a witness. It is rare for an amorous couple to appear in court. If police do spot a couple engaging in al fresco love making, they are more likely to issue a caution or warning. But holidaymakers should be aware that many countries are not as liberal as ours. It would be regarded as a much more serious offence in the Middle East, most of Asia, Africa and most Catholic countries - and probably the USA too. http://www.instablogs.com/