Scottish government subsidizes US growth
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When Scottish software executive Nic Archer hands out his business card, the address leads to an expensive glass-walled suite in Cambridge with a magnificent view of the Charles River.
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WASHINGTON, Oct 29  - The US economy grew at a 3.7 percent annual pace in the third quarter, the government said Friday, unleashing a last-gasp scrap in the lock-tight, four-day race to the White House.
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New report shows Scotland has second highest rate of obesity in the world, beaten only by the US.
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Plans for an independent Scotland to undercut UK business tax rates are being debated by the SNP.
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President George W. Bush plans to slow the growth in US health-care spending, which reached $1.7 trillion last year, by making workers more responsible for their medical costs.
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It could make about $160 million in the US.
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The US economy slowed less than previously estimated in the second quarter as exports and inventories grew, revised numbers from the government show.
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The Organization for Economic Cooperation and Development revised down Tuesday its growth forecast for the United States this year.
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The US National Institutes of Health invests $28bn annually in research. European spending is lower, although the European Union is closing the gap, helped by a shortsighted American policy of &quot;flatlining&quot; many scientific research budgets. (Perhaps this is because scientists have an annoying tendency to discuss things that conflict with the Bush administration&#39;s view of reality, such as global warming, evolution, the insufficiency of the New Orleans levee system and the medical potential of stem cells.)
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SCIENTISTS at Sheffield University last week made an unexpected discovery: an alternative to Scotland - s tax-dependent model for commercialising academic research.
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The International Monetary Fund warned Wednesday that rising oil prices and interest rates were hampering global economic growth, but the US government said the American economy was stronger than it had estimated earlier.
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The US economy grew at an annual rate of 3.3% in the spring, the government reported Wednesday in the final revision to second-quarter gross domestic product.
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Business & money: Building society damaged by the sub-prime mortgage crisis in the US and other one-off charges
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The US economy grew at a faster-than-expected 3.9 percent annual pace in the third quarter of 2004, powered by robust consumer and business spending, the government revealed.
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Americans have resolved to improve their fiscal lot.
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The US rejects  UK Chancellor Gordon Brown's plan to boost aid funding, saying it is unnecessary.
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US lawmakers struck a deal late on Friday on a $388 billion package of government funding for the current fiscal year after days of battling over foreign aid, nuclear waste, milk subsidies and overtime.