Germany's Ifo business-climate index recovered in November from its sharp fall of the previous month.

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The report on the Ifo business-climate index, which showed a climb to 107.4 this month from 104.3 in January, helped boost US stocks early Friday.

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The GfK German Consumer Climate Index improved one tick to 4.1 which at that point pushed the euro to a new weekly high just over 1.2740.

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In Germany the Ifo Business Climate Index, compiled by a research institute at the University of Munich, dropped to 111.1 from 111.3, according to a news release Friday.

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Both developments put a more positive spin on Germany as a business location than it has enjoyed for a while, and offset somewhat the news that during June the business climate index measured by the Ifo Institute for Economic Research fell by an unexpectedly dramatic 1.4 points.

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The shifts in these ecosystem boundaries provide an index of global climate change, which can be observed and compared in all continents of the world, using standard sets of climatic measurements, such as precipitation and temperature.

UNESCO: 83e

The Ifo Institute said its sentiment index of the German business climate fell to 100 in October from 101.4 in September.

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At least as important as the human development index is the impact of all this on climate change.

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Given the tough operating climate and reductions in dividends, the Stoxx Europe 600 Telecommunications index, made up of 20 fixed-line and mobile telecom companies from across Europe, has fallen 4.1% over the past year.

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