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  U.S. Is No Longer the World's
Most Competitive Economy

Switzerland, Finland and Sweden are the world’s most competitive economies according to The Global Competitiveness Report 2006-2007, released by the World Economic Forum on 26 September 2006. Denmark, Singapore, the United States, Japan, Germany, the Netherlands and the United Kingdom complete the top ten list, but the United States shows the most pronounced drop, falling from first to sixth. The United States, previously in first place, continues to enjoy an excellent business environment, efficient markets and is a global centre for technology development.

Ford Delivers a Mercury Mariner
Hybrid to Former President Clinton

Ford Motor Company delivered a Mercury Mariner Hybrid "Presidential Edition" to former President Bill Clinton. This marks the first hybrid vehicle to be outfitted for presidential service. The car was formally accepted by the former President himself at a Global Initiative conference on Sept. 20-22nd in New York City. Financially strapped domestic automakers could turn their losses to profits at the expense of foreign car companies by improving fuel-economy performance across their model lineups—with Ford Motor Co. reaping the greatest profits, according to a new study by the University of Michigan's Transportation Research Institute (UMTRI). (See also a .rm video).

Recycling Water with Siemens

We've all heard of recycling cans, newspapers, even plastics... But how about recycling water? The practice is becoming more prevalent - and for good reason. The average American household uses about 350 gallons of water a day and even more in the summertime - and that doesn't even include all the water needed to maintain parks, golf courses, schools, etc. (See also a .rm video)

High Gasoline Prices, Fuel Efficiency
Drive Changes in Automobile Industry

The high price of gasoline is changing the way we drive. And there are more concerns about the environment. Car manufacturers say those factors have led to increased competition. VOA's Mil Arcega reports the race to develop the “greenest,” most fuel-efficient cars is driving an evolution in automobile design.

US Firm Develops Hybrid Car to Run on Hydrogen

Gasoline prices in the United States are hovering at around three dollars a gallon. There is rising concern over the global environment and political uncertainty across many oil-producing regions. So alternatives to petroleum-based fuels have attracted increased interest from investors and entrepreneurs. One California firm has developed an alternative fuel technology based on hydrogen fuel cells.

Debt Consolidation, Good or Evil?

Thousands are caught in the debt trap each year. Many approach debt consolidation companies, but such companies should be handled with care. Nobody is ever alone.

Cowboy Capitalism: European Myths, American Reality

Olaf Gersemann, a German reporter who came to America, checked the facts and discovered that the common perception in Europe and elsewhere of America's economic model is either wrong or misleading.

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