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...Minister Sheik Ahmed Zaki Yamani of Saudi Arabia, which has OPEC's richest reserves of both oil and cash, has reportedly threatened that if there is no progress in Geneva, his country will double its current production of crude, which could send the price below $20 per bbl., its lowest level since 1979. The oil producers' loss would be a big gain for the U.S. and other industrial economies. CLOTHING All in the Family...

Author: /time Magazine | Title: Business Notes: Jul. 22, 1985 | 4/12/2005 | See Source »

...workings of the single market, national governments continue to jealously guard the right to set their own direct taxation of companies and individuals. The very notion of tax "harmonization" is vigorously opposed by some governments, particularly Britain and the new member states in Eastern Europe where rates are lowest; the latter see harmonization as a code word for higher taxes. The result is a patchwork of sometimes widely divergent policies that tend to treat domestic operations differently from international ones for corporate tax purposes. For the past few years, the E.C.J. has consistently ruled against any tax treatment that differentiates...

Author: /time Magazine | Title: Taking The Taxman To Court | 4/10/2005 | See Source »

...average price for a gallon of gas exceeds $2 in every state; California has the highest average at $2.48 and New Jersey the lowest at $2.02 ? The Supreme Court ruled that individual retirement accounts, like 401(k)s, are exempt from creditors in bankruptcy ? AOL launched an Internet phone service, for members only at first; monthly fees start...

Author: /time Magazine | Title: Money Matters | 4/10/2005 | See Source »

Alongside Watkins and Madick is co-captain Lauren Bettinelli, who split innings with Brotemarkle last season. Her career ERA of 2.45 ranks eighth on Harvard’s all-time list, and she also boasts the Crimson’s second-lowest career opponent batting average...

Author: By Carrie H. Petri, CRIMSON STAFF WRITER | Title: SOFTBALL 2005: Fourth Time's the Charm? | 4/8/2005 | See Source »

...risk. Jeremy Siegel, a finance professor at the University of Pennsylvania, has found that the broad stock market from 1802 through 2003 averaged a 6.8 percent annual real rate of return. While the markets fluctuate from year to year, over all 30-year holding periods since 1802, the lowest annual real return was 2.6 percent, while the highest was 10.6 percent. While past results are no guarantee of future success, the historical data is encouraging...

Author: By Mark A. Shepard, | Title: FOCUS: Bullish on Personal Accounts | 4/4/2005 | See Source »

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