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Car Industry Progress on Climate Grinds to a Halt

added: 05-09-2007

European carmakers are failing to deliver the lower carbon emissions they pledged to the European Commission in 1998, with emission rates from new cars down by just 0.2% last year, the worst performance on record.

Economic News Influenced U.S. Investors

added: 05-09-2007

US stocks rallied on gains in tech stocks and after a jump in oil prices fueled the energy sector. Economic news also influenced investors. The Institute for Supply Management's August manufacturing index slipped to 52.9 from 53.8 in July.

Americans Are Financially Vulnerable

added: 05-09-2007

According to a recent survey by the not-for-profit Life and Health Insurance Foundation for Education (LIFE), 68 million Americans have no life insurance, and those with coverage often have far less than most experts recommend to secure their family's financial future.

Economic Freedom Is 'Contagious'

added: 05-09-2007

Economic freedom in one country can spread to another and when neighboring countries implement simultaneous reforms to encourage economic freedom the impact is broader, according to the Economic Freedom of the World: 2007 Annual Report, released by the Cato Institute in conjunction with Canada's Fraser Institute.

Patent System Costs U.S. Economy $25.5 Billion Annually

added: 05-09-2007

Every year, the U.S. economy suffers a consumer welfare loss of an estimated $25.5 billion because current patent law deters productive research, imposes administrative costs, and encourages excessive litigation, according to a new Phoenix Center study. These deadweight losses amount to over $200 for each U.S. household and equal 8.5% of the country's annual spending for research and development.

DVR Sales Up, DVD Player Sales Down

added: 05-09-2007

DVD player unit sales fell to 124.8 million worldwide in 2006 from 126.4 million in 2005, according to In-Stat's "Next-Generation DVD Players and Recorders Worldwide" report.

Industrial Producer Prices Up by 0.3% in Both Euro Area and EU27 in July 2007

added: 04-09-2007

In July 2007 compared with June 2007, the industrial producer price index rose by 0.3% in the euro area (EA13). In July, EU27 prices also gained 0.3%. In June, prices increased by 0.1% in the euro area and by 0.2% in the EU27.

Euro Area GDP Up by 0.3% and EU27 Up by 0.5%

added: 04-09-2007

Euro area (EA13) GDP grew by 0.3% and EU27 GDP by 0.5% in the second quarter of 2007, compared with the previous quarter, according to first estimates released by Eurostat, the Statistical Office of the European Communities. In the first quarter of 2007, growth rates were +0.7% in both the euro area and the EU27.

Regulatory and Competition Reforms Critical to Ukraine’s Future Economic Growth - OECD Report

added: 04-09-2007

Sustaining Ukraine’s strong economic growth will require firm action to cut red tape and bring down barriers to competition, says a new OECD report. It adds that opening up markets to domestic as well as foreign entrants would boost productivity growth while public administration reform and a stronger legal system are needed to improve the business climate and tackle corruption.

National Tax Limitation President Urges No Bailout for Real Estate Lenders and Investors

added: 04-09-2007

Lewis Uhler, President of the National Tax Limitation Committee, today criticized proposals to bail out the so-called "subprime" lending industry. With potential losses hitting $100 billion, he said "Borrowers, lenders, and investors must be held responsible for their own mistakes."

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