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More buyers pay cash for automobileIt was one third in the 1950's, then one fourth in the 70,s and 80,s. Now its back up to the 70's and 80's level. This means less profits for dealers.. About 75% of a dealers profit is made on the accessories. extended warranties and the cut the dealers get for arranging the loan in some cases.

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How Walmart is taking sales from Best Buy and Circcuit city and changing the electronics retail market.

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Romney's advisors work to re-focus the campaign with more time spent by the candidate in the swing states and states too close to call- Iowa, Colorado, Wisconsin. This is in addition to Ohio, Florida and Virginia, which are seen as critical.

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U.S. GDP growth slowed in the 1st quarter 2015 to seasonally adjusted 0.2%, according to the Commerce Department.

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Martin Feldstein believes the dollar's decline will strengthen US competitiveness and because the economy is likely to stay weak its a good time to gain in exports. Ronald McKinnon at Stanford University warns of higher inflation with the dollar devaluing further. The G7 finance officials want to see a gradual adjustment for the dollar. Feldstein's view tempered by the need for gradual adjustment with allowance for the need to keep in mind the Europeans concern of a weakening dollar vs. the Euro, seems to be the view the G7 are taking. There is also the feeling that the euro may overshoot in value at first and come back to a more reasonable rate after the US improves its trade balance by 2009 or thereafter.

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Analysts point out that there is not much room for austerity cuts in Italy and Spain without cutting into muscle. This is because these countries have moved to make austerity cuts much earlier. Their budget deficits are actually less than what they were when they joined the euro currency zone. In the case of Italy the budget is actually in surplus, to the amount of 2% of GDP, when the financial position excludes interest on debt. And Italy has now moved to reduce the deficit to 3.9% of GDP in 2011. Under pressure from the ECB Italy has announced its aim of balancing the budget by 2013. Because both Italy and Spain have growth rates estimated at below 1% for 2011, analysts believe it is important to emphasize growth.

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Ms. Le Pen of the National Front called her going into the second round runoff against Macron's En Marche movement, "an act of French pride." Emmanuel Macron has his own way of looking at this. As this NYT editorial points out Macron says his is a movement "of patriots fighting the threat of nationalism." At his rallies and the rally following coming out the front runner in the first round of elections Macron is shown with people waving French flags all around him. The message- that in today's world of global cooperation for economic progress nationalist feeling has to be balanced with healthy cooperation and integration into the regional community, the European Union. That he is a patriot who also has in him a feeling for the communities in his wider region. That real economic progress can only be achieved working in cooperation with neighboring countries and regional community, and around new ideas for renewal.

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Spain's Catalan independence parties led by Arturo Mas win 48% of the vote and a majority of seats in the regional parliament in 2015.

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It appears that much of the $1.2 billion in missing customer money at MF Global may have been used for investments that resulted in large losses during the last chaotic days of the firm and may never be recovered. This is the view emerging as investigators and other experts look into the missing money.