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As Wheels Come Off Car-Makers in Europe and U.S., Japan and South Korea are Primed to Expand Globally

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The impact on Europe of the “Big 3” U.S. automakers remains unclear. But it seems likely the numbers of car manufacturers will shrink and be consolidated into a smaller market – in Europe and in the rest of the world. Though, there may be light at the end of the bankruptcy tunnel for one-time U.S. giants GM and Chrysler. Both companies expect to emerge as leaner and meaner companies after shedding unprofitable brands and other assets – including many in Europe. In any event, the worldwide map of car making will be drastically changed, notably by the shrinkage and consolidation of this manufacturing sector in Europe as well as the U.S. It is a watershed moment for the global industry.

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Heroin Addiction Threatens Russian Future – Traffic Driven by U.S-led. War on Taliban

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Vodka may be being replaced as the “opium of the people” in Russia – by real opium coursing through the veins of a growing number of Russians.

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Disagreement Over U.S. Beef Exports to the EU Solved - Temporarily

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What seemed like a deadlock on the level of principles, regarding U.S. beef imports to the EU, turned out to be soluble in a commercial trade-off. A festering dispute about a European ban against hormone-fed beef from the United States was solved this week when the EU agreed to a big expansion of its import quota for non-hormone fed U.S. beef.

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