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Ratan Tata emphasized that the new car complies with India's emissions laws and even with Europe's much stronger Euro 4 standards. Emissions, Tata says, are "lower than a scooter's today". The company claims the car will also deliver 50 miles per gallon, or better than 20 kilometers per liter, which would make it one of India's most efficient vehicles, and vastly more efficient than the average in the U.S. Chief U.N. climate scientist Rajendra Pachauri, who shared last year's Nobel Peace Prize with Al Gore, said recently that he was "having nightmares" about...

Author: /time Magazine | Title: The World's Cheapest Car | 1/10/2008 | See Source »

...Tata Motors starts exporting the car to Southeast Asia and Africa in a couple of years. The top third of the over-sized headlights act as the turn signals (indicators) and look like cheeky yellow eyebrows above the main lights. It has a top speed of about 60 miles per hour. "Car companies are in probably the most emotive business area that one can find apart from fashion," company chairman Ratan Tata told TIME a day before the big launch. "There will be people who say it looks like a toy, but if you consider the value proposition I think...

Author: /time Magazine | Title: The World's Cheapest Car | 1/10/2008 | See Source »

Year the U.K.'s GDP per capita lagged 34% behind the U.S. average, in the wake of Britain's last major recession...

Author: /time Magazine | Title: Numbers | 1/10/2008 | See Source »

...Green’s rebounding prowess is forward Alex Barnett, who leads the Ivies with 6.9 rebounds per game. Barnett is also the spark for the team’s offense and leads the league with 16.2 points per game. Against Harvard, Barnett poured in 18 points and yanked down seven rebounds...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Crimson Looks To Sweep Darmouth, Win Third Straight | 1/10/2008 | See Source »

...French experts predict the plan is likely to hit French Internet access providers with a small, universal per-client tax each month. A flat monthly surtax of just one euro on each of the nation's 16.1 million Internet accounts would raise around $290 million per year - or nearly 25% of the $1.2 billion in annual revenues public TV will lose to an advertising ban. It is conceivable, at least, that the monthly tax could go even higher without incurring too much consumer fury, since France currently enjoys one of the cheapest ISP markets in the developed world. Average monthly...

Author: /time Magazine | Title: Will Sarkozy Tax the Internet? | 1/10/2008 | See Source »

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