Spanish car production fell 47.6% in February

According to sources from the Association of Automobile Manufacturers, in the first two months of this year produced 265,993 units are 50.3% lower than in January-February 2008.

Also fall in line with this, exports stood at 128,065 units in February (90% of total production), a record that is below 43.1% to the same month last year and raising the total of two months to 233,219 units (87.6% of production) and a decrease of 46.8% .

segment, the monthly production of cars was 117,683 units (the 82.7% of total production), a figure that drops by 43% compared to February 2008, while in the aggregate there are 216,525 annual tourism produced 46.4% less. All resulted in the marginal figure of 210 units, a 97.9% lower than a year ago and accumulated 358 units, a fall of 98.2%.

Production of commercial vehicles stood at 24,338 units, 55.6% less than the same month of the year 2008 and total 265,993 units (-50.3 %).

As for exports, from cars in the month fell 37.7%, for an SUV of 98% and industrial 51.2%, while in so far this year sales andalusia foreign cars back 42.4% of the SUV, 98.6% and for industrial, 51.7%.

Mercedes Benz 420SEL W126

Obama Administration will begin to fund stem cell research

U.S. President Barack Obama canceled put George Bush in 2001, a ban on public funding for stem cell research human embryos. At a special meeting in the White House, the Head of State also designated one of the agencies the Ministry of Health to study all the attendant ethical and legal issues.

"Until the end is unknown, which could bring the study of stem cells, so the prospects should not be overstated - recognized Obama. - But scientists believe that the small cell may be able to help us understand and possibly learn to treat some of the most terrible diseases" . Obama promised strong support to scientists working in this field and expressed the intention of the United States to win its leadership.

President Obama sharply criticized the Bush administration, which explains the decision to ban human stem cell research ethical considerations. "Our Government has emphasized in the wrong, I believe, opposition voices of science and moral values - said the head of state. - In this case, I am sure it is possible to combine one with another."

"As a believer, I believe that we are called to care for each other and seek to alleviate human suffering. I am confident that we have the ability and the will to continue these studies - as well as humanity and conscience in order to do so responsibly," - Obama said.

The President acknowledged that the topic of stem cell research is perceived by many very painful. "Many decent people think and argue, and many, and strongly oppose this research. I understand their fears, and we should respect their point of view," - said Obama. "But after many discussions, disputes and reflection, the correct course became clear. ... The majority of Americans agreed that we should continue these studies," - stressed the President.

Recall that the first permit to conduct research with human stem cells in the United States was issued in late January, when authorities came to Barack Obama. Biotechnology company Geron received permission to enter multiple injections to patients with cells derived from human embryos.

Stem cells, of which at the initial stage of the embryo, can transform into cells of many tissues of the body. This provides a unique opportunity to treat many diseases: from stem cells can be grown organs, is ideally suitable for transplantation, they can be used to restore the nervous tissue, and cure of spinal cord paralysis to deal with a number of degenerative and hereditary diseases.

Stem cells, first obtained only from embryos, killing them, creating an untenable ethical problem. But already in 2006, Japanese scientists succeeded in using the virus to build four genes into mature cells derived from mouse tail and turned them into cells that looked and behaved like stem. They were called "induced stem cells."

Obama Ends Funding Ban for Stem Cell Research

Euribor a brand new day of declines and is located at 2025%

Euribor, the kind that are awarded the majority of mortgages in Spain, has put his daily rate in 2025%, which maintains the first listing of the month of March, the downward trend in recent months.

The indicator

Closed in February 2135%, the lowest level since June 2005 when it stood at 2103%, according to data should confirm that the Bank of Spain.

Chain index and five consecutive months of falls and fall in annual terms as semiannual variations reaches historic high, leading to falls "very steep" in monthly installments of repayment of mortgage loans variable rate as indicated by the Spanish Mortgage Association (AHE), which for half a mortgage will mean a reduction in the monthly fees of 143 euros.

AHE has also predicted that the Euribor will produce significant decreases in the annual reviews of fees during the second half of 2009. It has also warned that the new path of interest rates falling again to reproduce the existing scenario in the years 2003-2005 and therefore, from the standpoint of new mortgages granted the same kind of risks.

Therefore the AHE warned that borrowers should be aware that if you hire a mortgage now than before the expiry of the term of your mortgage loan is expected to change the path type again to reach values during 2007-2008, materializing a structural interest risk, despite the fact that at this juncture is not visible, has not disappeared from the market.

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