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US, Vietnam Agree to Open Air Cargo Routes
New pact comes as transpacific, worldwide air freight volumes decline to record lows
WASHINGTON, DC – 10/18/08 – A new air cargo agreement between the US and Vietnam will give air carriers from countries approval to carry cargo to or from third countries; the new Open Skies pact could be positive news for Los Angeles International Airport and San Francisco International Airport, both of which are seeing a significant downturn in the volume of cargo moving through their terminals.
US, EU Forge Plans to Squelch Product Piracy
LOS ANGELES – 10/13/08 – The US and the European Union are stepping up their fight against Intellectual Product piracy and counterfeit goods as US Customs & Border Protection agents at the ports of Los Angeles and Long Beach announce the recent seizure of 357 shipments of counterfeit goods from China with an estimated value of more than $71 million; the menu of pirated goods runs the gamut from cigarettes, sunglasses and iPods to Christmas tree lights, blankets and pharmaceuticals.
US Still No. 1, says World Economic Forum
GENEVA, Switzerland – 08/09/08 – The World Economic Forum’s latest country competitiveness ranking places the US at the top of the list of the world’s economies, reports the Financial Times; the group’s global competitiveness index this year rates 134 countries on 12 criteria including quality of education, labor and product market flexibility, infrastructure, macroeconomic stability and ''financial market sophistication.''
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