The South Korean government has decided to pardons former President of Samsung Lee Kun-hiy, convicted of tax evasion, cited by Air Force, citing the release of the Ministry of Justice of the country. After being pardoned, Lee Kun-hiy will be able to return to work within the International Olympic Committee. South Korea is a candidate to host the winter games in 2018. This is the second pardon for Lee. In 1996 he was convicted of bribing former president Chun To Drag and Roe Tae Woo of two years imprisonment, and in 1997 was pardoned by President Kim Yun Sam. In 2005, even as prosecutors investigate suspicions that Lee and other heads of companies have used company funds to pay presidential candidates. This accusation, however, dropped. Cases in which the president pardons a leader of a large local family business, are common, says BBC. Lee is considered by many to be one of the popular business in the country. Amnesty for his current trade lobbies and sports organizations. So far South Korea has tried twice to host the Winter Olympics, this time to compete with Munich and the French town of Annecy.
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New car sales in France grew by over 10% in 2009 over the previous year, thanks to state incentives for purchasing a new car, and promotions for manufacturers and dealers, government estimates show. By the end of the year, sales of new cars in the country will reach 2.27 million units, said Industry Minister Christian Estrozi. The result for 2009 is generally best for the sector in 1990, he added is quoted by Dow Jones. Earlier today newspaper Les Echos reported that sales in December rose by 40% yoy, as buyers sought to take advantage of the government program to encourage the purchase of a new car before Jan. 1. From early next year to help purchase a new car will be reduced to 700 euros from the current 1000 and from July will fall to 500. According to Estrozi 575 thousand cars were sold in the country this year with the program.
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The statistic is showing that the goods carried by rail and trucks in December 2009 were 11.3% less compared to the previous month, due to the reduction of total shipments. Compared to December 2008 decreased by 28.6 percent, the largest decrease in domestic shipments – by 363 thousand tonnes, data showed on national statistics. The transportation is decreasing highly due to the financial crisis and the low rates of the companies. The maritime transport is showing the lowest decrease, but ground transport is feeling really big problems last year. The companies got large orders years ago with long delivery date and the financial crisis surprises them with unused machines and vehicles. Many of the transportation and moving companies just bankrupted, but others just tries to win the competition for the clients. The prices decreased so much that sometimes we wondered how these companies are working at all. It is quite normal, because the contacts will pay their value in the years and will turn back to the investors. The best price moving company for USA is situated in Chicago. The company is offering large number of services with best practices since 1997. The company is specialized only in long distance moving, but also offer specialized transport, business and employees transport and cargo carrying. The most important is that the cargo is insured and carefully moved to the new location.
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The Chinese oil company PetroChina obtain permission to harvest oil from the Canadian oil sands deposits in the Canadian province Albarta. The price which will give energy company to acquire a 60% share in both deposits is 1.7 billion dollars, police BBC. Both fields have a common saving of 175 billion barrels of oil. The only Saudi Arabia has more deposits of similar type. but the extraction of raw materials of sand is expensive and difficult process, says BBC. Now because of the increasing price of raw material (77% jump from the beginning of 2009) in such investments provide a return on deposits, the agency adds. The deal was great proving the Chinese economy is developing faster and getting second strongest economies of the world. The company is the largest Chinese petroleum companies, operating all over the world.
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The German division of General Motors – Opel surged 31 percent of its sales in Germany this year, this is the best result in 2005, police AF. Despite the uncertainty in the industrial sector following the crisis Opel will achieve 339 thousand cars by the end of 2009, thus you gain 8.9% market share. While GM sale considering its loss generating unit, Opel is “benefiting” from the program of the German government “cache for old vehicles”, which gave 2.5 thousand euros every throw your old vehicle. We recall that in September, GM is expected to part with Opel, as the controlling stake in the consortium to move between candidate auto parts maker Magna and Russian bank Sberbank.
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France adopts new measures to control air passenger transport. French Minister Brice Ortfyo intends to push for European-level plan for counter-terrorism vigilance by the international flights. Attempted attack on the plane in Amsterdam-Detroit line has prompted the French government to the new security measures on international flights focused on detailed examination of the identity of passengers. Personal data will be checked even when booking their tickets, rather than airports, as usual. Besides the names and date of birth of customers will enter their exact address, phone number, email address and place of accommodation. Another important measure is the systematic examination of connecting flights, usually taken by terrorists. In current practice control of passenger data related to a direct flight. From France the first of January will penalize with a fine of 50,000 euros Companies that refuse to transmit the French authorities the lists of names of passengers. The risk zone will be extended from 7 to 30 countries.
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The luxury division of Volkswagen – Audi plans to submit to the bazaar to eight new models in 2015 in an attempt to overtake its biggest competitor Bavarian BMW, which is the largest producer of high-class cars in the world. For this purpose, the company set aside in 2012 to 7.3 billion euros, which will go as well as investment in new models and in the expansion and modernization of production facilities in factories. The budget for the development of new cars is 5.9 billion euros. The investments are part of Volkswagen’s strategy to become the world’s leading producer, for all their parent units by 2012 the amount paid from 25.8 billion euros for development of new models. Audi, which stands third in the horizon after the luxury BMW and Mercedes-Benz, will increase its model range from 34 to 42 models. Among the new recruits will be A1 compact model, which is expected to appear in mid-2010
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In finding the city in Primorskiy region, Russia (on the shore of the Pacific Ocean near Japan), Russian Prime Minister Vladimir Putin formally put into operation oil pipeline “Eastern Siberia – Pacific Ocean” and the launch of the first tanker loaded with oil. The main purpose of a pipeline transporting oil from the oil-extracting regions of West and East Siberia to the Far East and promising markets in Asia-Pacific. Historic system will be linked with existing technological trunk pipelines of “Transneft” and will be allowed to create a single network, providing an operational division of the oil flow in the territory of Russia to the west and east. Decision to build the first stage of the pipeline was taken on December 31, 2004 For five years we completed everything we had intended, Russian Prime Minister said today.
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Ford and the Chinese Geely Holding is understood about the terms of the transaction for the sale of Volvo, transmit Bloomberg. The American automobile company said that the final documents for sale will be signed during the first three months of next year. Both sides did not provide financial details, the agency adds. The only major American car manufacturer, which went through bankruptcy proceedings on October 28, requests that Geely is the preferred buyer for Volvo. According to unofficial information, the transaction price will be about $ 2 billion or more than three times lower than the Volvo money paid for more than ten years, the sources indicated. In the Volvo has a girl around 20 thousand employees worldwide, with 15 thousand of them are located in his native Sweden. Since the beginning of the year, nearly 6 thousand people were made redundant, while the majority of staff were reduced wages. Expected sales of the Volvo at the end of the year to reach 325 thousand or 15 thousand more then those in 2008 but the result was 29% lower than in 2007
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To be accelerated infrastructure construction and reconstruction changes in cities as part of efforts to prevent climate change. This request sent in a call to mayors and municipal councilors Dutch company Royal Philips Electronics. In issue to the media release from the Phillips reminded that the conference took place about the UN climate change in Copenhagen dig expressed his hopes for a clear and comprehensive agreement, inherit the Kyoto Protocol. According to the company this could happen because of existing technologies that provide accessible methods for reducing emissions. Took place on earlier this year ONN climate conference in New York, CEO of Phillips – Gerard Kleisterlee said: “The business is located in front of a global challenge. An ambitious and effective agreement on global climate change would create conditions for the transformation of the world economy and the submission of a clear signal that companies need to accelerate investment in energy efficient products, services, infrastructure and technology – such as LED technology. Phillips added weight to his appeal, establishing a partnership with the World Green Building Council (WorldGBC), dedicated to improving the energy efficiency of cities with 40% for the next 10 years.
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