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IBD'S TOP 10.(A)
July Consumer Spending Strong
1Spending rose 1%, above estimates. Durable goods spending surged 3.7% as automakers once again offered 0% loans. Year over year, spending rose 5%, the best since May '01. Adjusted for inflation, real spending growth was the best since Oct. '00. Consumers likely used debt and cash from refinancing to raise spending. Personal incomes were flat from June. More on this page
Midwest Manufacturing Picks Up
2The Chicago purchasers' index rose more than expected in Aug., gaining 3.4 points to 54.9. A reading above 50 indicates growth. New orders and output also showed bigger gains last month. But the employment index dropped, suggesting more factory job cuts. The report suggests a pickup in the national ISM manufacturing index for Aug. on Tuesday. See Vital Signs on A2
WTO OKs Big Sanctions On U.S.
3The World Trade Organization said the EU can impose $4 bil in sanctions against the U.S. in retaliation for tax breaks given to U.S. firms operating abroad. That's 20 times the record. The EU said it might target nuclear reactors, auto parts, food and textiles unless the U.S. ends its policy. Experts say the EU is more likely to use the sanctions as leverage than to impose them.
Fed Rejects Blame For "Bubble'
- WTO OKS SANCTIONS ON U.S. PRODUCTS COMPLAINT SEEKS REPEAL OF AMERICA'S...
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) November 27, 2004 700+ words
...glassware, mobile homes and lentils. The EU has made clear that the carefully chosen...focus its mind on compliance." On the EU list was heavy machinery made by companies...comparison with the $2 billion in sanctions the EU threatened in its successful bid to force...
- WTO OKs request for Jobs Act Compliance Panel.(World Trade Organization)(Brief...
- News wire article from: Australasian Business Intelligence Gnaedinger, Chuck March 8, 2005 700+ words
...ABIX via COMTEX) The European Union (EU) has sought permission to set up a compliance...in the American Jobs Creation Act. The EU's first request to establish the panel was overruled by the US. A spokeswoman for the EU Trade Commissioner, Peter Mandelson, says...
- WTO OKs $295 million in Brazilian sanctions on US
- News wire article from: AP Worldstream BRADLEY S. KLAPPER August 31, 2009 700+ words
American goods will face around $295 million in annual sanctions as a result of the United States' failure to eliminate illegal subsidies to U.S. cotton growers, the World Trade Organization ruled Monday. The result was disappointing for Brazil, which has won a series of rulings against the U.S.
- WTO OKs retaliatory tariffs against U.S. businesses.(TRADE)(World Trade...
- Newspaper article from: The Kiplinger Letter September 17, 2004 700+ words
The WTO has OK'd retaliatory tariffs against U.S. businesses. It's upset that Congress hasn't repealed the so-called Byrd amendment, named after Sen. Robert Byrd (D-WV). The provision divvies up duties levied in unfair-trade cases among U.S. firms that filed the complaints. The WTO condemned the
- .EU domain name a hit for UK despite half of businesses being confused over its...
- Press release article from: M2 Presswire January 30, 2007 700+ words
...January 2007-1&1 Internet Ltd: .EU domain name a hit for UK despite half of...per cent of UK SMEs confused over what .EU represents - French small businesses have most success with using .EU(C)1994-2007 M2 COMMUNICATIONS LTD...
- EU scoreboard reveals need for industrial R&D champs.(Perspectives: news and...
- Research-Technology Management Moncada-Paterno-Castello, Pietro Ciupega, Constantin Smith, Keith Tubke, Alexander Tubbs, Mike March 1, 2005 700+ words
...billion [euro] in fiscal 2003. In contrast, the EU top 500 cut their R&D spending 2.0...rate for 2000-2003 was 1.2 percent for the EU-500 companies and 3.8 percent for the non-EU group. The difference in absolute spending levels...
- EU enlargement and Switzerland: the European Union's expansion has caused...
- Magazine article from: Swiss News O'Brien, Tom April 1, 2004 700+ words
...Poland, Slovakia and Slovenia to the EU. But the European Union has accepted that Switzerland, like other member states of the EU, could delay measures to open its labour market to nationals of the 10 new EU member states. The European Union had been...
- EU/WESTERN BALKANS : PROSPECT OFaEU INTEGRATION CRUCIAL FOR WESTERN BALKANS.
- Magazine article from: Europe-East December 19, 2006 700+ words
...western Balkan countries delivered a clear message to the EU that the prospect of EU integration is crucial for the region to become more...fatigue' has become more and more widely used since the EU Constitution was rejected in referendums in two of the...
