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Commercial real estate in Colo. is 10.5% of economy, study says

The commercial real-estate sector had a $23.4 billion economic impact on the state in 2006, according to a study released Monday.

That represents 10.5 percent of Colorado's economy, according to the study commissioned by the National Association of Industrial and Office Properties, known as NAIOP.

"The number is impressive, but that's not why we did the study," said Marshall Burton, vice president of real-estate development for Opus. "It's looking at our industry, understanding who we are and taking that, and being a leader in job growth, responsible development and quality of life."

The three major metropolitan areas — Denver, the northern Front Range and Colorado Springs — contained 83.5 percent of the state's existing commercial and multifamily properties, with nearly 1.13 billion square feet of income-producing property.


Campaign 2008

It's crazy," said one campaign insider. Actor Chuck Norris, who has been campaigning with Mike Huckabee, has publicly worried that McCain is too old to be president and may not live out his term if elected. His comments have long been echoed in private by other campaigns who say that McCain can't win because he looks old and thus appears to represent the past. But insiders say that Norris's comments lit a spark under McCain, who has fought back with even longer hours, more public access, and the teaming with one of his younger children.

"He gets the MTV generation and I think they like him back," said another insider. "They can see the youth in his eyes and not just his white hair."

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IMF Predicts Slower U.S. Growth With Global Drag

In its latest forecast, the IMF said U.S. economic growth will slow to 1.5% in 2008 from 2.2% last year. Largely as a result, the IMF expects world-wide growth to decline to 4.1% this year from 4.9% in 2007. That means, in essence, that the problems caused by the U.S. housing slump and meltdown in the market for subprime mortgages are radiating globally.

The IMF's chief economist, Simon Johnson, said the ...

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EU top court protects downloaders' privacy

Copyright theft on the internet is the single biggest obstacle to the growth of the music business today," said the International Federation of the Phonographic Industry head John Kennedy.

"The judgment means that music rights owners can still take civil actions to enforce their rights, and it has sent out a clear signal that member states have to get the right balance between privacy and enforcement of intellectual property rights and that intellectual property rights can neither be ignored nor neglected" Kennedy said.

(Agencies)

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Dealing with disaster

BEIJING, Jan. 30 -- If the weather forecasts are accurate, the worst is yet to come for the central and southern areas of China.

The seasonal human migration tides have revealed the vulnerability of our public transport network. From across the country, the foremost concern at the moment is how to deal the crowds gathering at all major venues of public transit, be they railway stations, airports, or long-distance bus stations.

No matter how far they may drift away from traditional values, most of our compatriots remain sentimentally attached to the rich and highly symbolic lunar New Year's Eve dinner at home.

That the devastating snowfalls in the central and southern provinces have yet to dampen the fervent longing for a ticket home not only means extra hardship to get home, but will put more pressure on the fragile local passenger transport networks which have either be stretched to their extremes, or simply are in paralysis.



 

 

 

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