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Traffic Deaths Decrease in First Half of the Year, Remain Above Pre-Pandemic Levels

WASHINGTON, DC – Traffic deaths in the U.S. decreased by 3.3% in the first half of this year, according to the National Highway Traffic Safety Administration (NHTSA). The decline is notable but still higher than pre-pandemic levels. The NHTSA estimated that 19,515 people died in traffic accidents from January to June. This figure is lower than the 20,190 deaths in the same period last year, yet significantly higher than the 17,065 deaths recorded in the first half of 2019. The agency had previously reported a 10.5% increase in traffic deaths in 2021, marking 42,915 fatalities, the highest annual toll on

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President Biden’s Energy Advisor Just Said Phil Murphy’s Gas Car Ban, EV Plan Unsustainable

Nick Pope on September 19, 2023 New Jersey Governor Phil Murphy’s ban on electric vehicles by 2035 is part of a bigger plan outlined by President Joe Biden, but that plan, according to one of Biden’s most prominent energy advisors, isn’t going to work. A top official in the Department of Energy (DOE) tweeted Monday that it would not be sustainable to replace all gas-powered cars with electric vehicles (EVs). “Replacing all of the vehicles in the world with EVs is not sustainable,” DOE Loan Program Director Jigar Shah stated in his tweet. He suggested that broader changes to American

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German July import prices post sharpest decrease since 1987

BERLIN (Reuters) – German import prices decreased by 13.2% year on year in July, the sharpest drop since January 1987, the statistics office said on Wednesday, mainly due to a base effect from the price increases in the previous year following the war in Ukraine. Analysts polled by Reuters had forecast a 13.1% year-on-year decline. Import prices showed a slight decrease of 0.6% on the previous month, the statistics office said in a statement. Energy imports cost 47.4% less than in July 2022. Excluding energy prices, import prices in July 2023 were 3.1% lower than in July 2022. Since the

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Russia to decrease daily forex sales in coming month

(Reuters) – Russia’s finance ministry said on Wednesday it would sell 1.7 billion roubles’ ($18.9 million) worth of foreign currency a day between July 7 and Aug. 4, a decrease in the volume of daily operations from the previous month. After a hiatus of several months, Russia resumed foreign currency interventions in January, selling yuan rather than what it terms “unfriendly” Western currencies, underscoring the growing importance of China’s currency in Moscow’s efforts to ensure economic stability amid Western sanctions. The finance ministry said its regular FX sales on the market would total 34.9 billion roubles over the coming month.

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College Enrollment Decline Tied To Pandemic-Era Mandates, Population Decrease, Expert Says

College Enrollment Decline Tied To Pandemic-Era Mandates, Population Decrease, Expert Says Alexa Schwerha on February 3, 2023 College enrollment rates still have not recovered from the COVID-19 pandemic, according to National Student Clearinghouse data published Thursday. While fall undergraduate enrollment rates stabilized in 2022 after tallying about 0.6% fewer students than 2021 levels, there are still 1.1 million fewer students enrolled than was recorded in 2019, according to data released Thursday. Adam Kissel, visiting fellow on higher education reform at the Heritage Foundation, told the Daily Caller News Foundation that that there are multiple factors that could contribute to this downward

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Materials shortages decrease at German manufacturers – Ifo

BERLIN (Reuters) – Materials shortages have decreased in Germany’s manufacturing sector, a survey by the Ifo economic institute published on Thursday showed. In January, 48.4% of the companies surveyed reported problems, down from 50.7% in December, Ifo said. “Given the mild winter recession that’s emerging, we would’ve liked to see a stronger decline,” Klaus Wohlrabe, head of surveys at Ifo, said in a statement. “Many companies are only slowly managing to work through their high order backlogs.” (Writing by Paul Carrel; Editing by Maria Sheahan)

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Colombia’s Grupo Aval posts 23.2% decrease in Q3 net profit

(Reuters) -Colombian financial conglomerate Grupo Aval reported third quarter net profit down 23.2% from a year earlier on Wednesday, landing at 929.8 billion pesos ($193.4 million), citing a higher effective tax rate and increased costs. The company said interest income for the three months ending Sept. 30 grew 62.2% to 5.213 trillion pesos. The conglomerate’s portfolio includes Colombian banks Banco de Bogota, Banco Popular, Banco AV Villas and Banco de Occidente. The central bank of Latin America’s fourth-largest economy has raised its benchmark interest rate to 11% – its highest level in 21 years – in continued efforts to respond

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Phil Murphy Touts Penny Decrease to New Jersey Gas Tax

TRENTON, NJ – New Jersey has historically been known as one of the cheapest states to buy gas in America, but that changed under the administration of Governor Chris Christie with a massive gas tax hike. Now, under the administration of Governor Phil Murphy, and at the hands of the Biden administration in the White House, New Jersey has risen to become one of the most expensive states in the country. Five years into his term as governor, Murphy has coddled the Christie gas tax hike, but today, he’s touting a 1 cent reduction in the tax. “After a thorough

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Chile’s Falabella reports 51.7% decrease in Q2 net profit

SANTIAGO (Reuters) -Chilean retailer Falabella on Tuesday reported a 51.7% year-on-year drop in its second quarter net profit, hit by increased costs. The company’s profit for the quarter was 65.12 billion pesos ($70.8 million). Second quarter net revenue grew 16.1% to 3.08 trillion pesos ($3.3 billion). The company was impacted “by the complex global and local scenario, with pressures on margins in Chile and increases in expenses,” Falabella Chief Executive Gaston Bottazzini said in a statement. He also highlighted additional expense related to the “development of capacities” across digital platforms, while the financial report itself noted currency variations as a

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WHO says most likely scenario shows COVID severity will decrease over time

(Reuters) -The World Health Organization on Wednesday released an updated plan for COVID-19, laying out three possible scenarios for how the pandemic will evolve this year. “Based on what we know now, the most likely scenario is that the COVID-19 virus continues to evolve, but the severity of disease it causes reduces over time as immunity increases due to vaccination and infection,” Director-General Tedros Adhanom Ghebreyesus said during a briefing. However, the WHO head cautioned that periodic spikes in cases and deaths may occur as immunity wanes, which may require periodic boosting for vulnerable populations. Talking about the other two

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Jobless Claims Decrease By 15,000

Jobless Claims Decrease By 15,000 Harry Wilmerding on March 17, 2022 The number of Americans who filed new unemployment claims decreased to 214,000 in the week ending March 12, the lowest level since the beginning of 2022, the Department of Labor announced Thursday. The Labor Department figure showed a decrease of 15,000 compared to the week ending March 5, when new claims numbered just 227,000, according to data from the Bureau of Labor Statistics. The week’s claims were below predictions of economists surveyed by Dow Jones, who estimated that new claims reported Thursday would total 220,000. Initial jobless claims at 214k

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New Jersey still operating temporary morgues as COVID-19 cases decrease

TRENTON, NJ – The state of New Jersey is currently operating at least two temporary morgues to house COVID-19 victims and as of Wednesday, 17 bodies are being held within them. New Jersey State Police Superintendent Patrick Callahan said the two morgues are still in operation but will begin to draw down in the coming weeks. “We did start up to temporary morgue sites,” Callahan said. “One is that University Hospital in Newark. As of today, there are ten decedents being held there. We also have one at Trenton Central Reception and Assignment facility where there’s currently seven decedents on

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Jobless Claims Decrease To A 52-Year Low

The number of Americans who filed new unemployment claims totaled 184,000 in the week ending on Dec. 4 as employers fight to retain workers during the busy holiday season, the Department of Labor reported. The Labor Department figure shows a 43,000 claim decrease compared to the week ending Nov 27, when jobless claims increased to 220,000. Economists surveyed by The Wall Street Journal projected claims to decrease to 211,000 for the week ending Dec. 4. This latest report brings the number of weekly jobless claims to a 52-year low, the fewest since September 1969, CNBC reported. Employers have been desperately

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