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If we remove Venezuela as an extreme case, and we make a statistical correlation of all the other countries in Latin America, this preliminary data set shows a very low correlation between personal and economic freedom.
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Sandy Baum, an economist at Skidmore College whose research laid the groundwork for the proposed rules, said the department's regulations set the bar very low but the judge had created an impossible threshold because "there is no one right measure, " she said.
WSJ: For-Profit Colleges Score Victory With Judge's Ruling
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We had a very unique set of players, we worked on very low budgets, and the collective of all of our individuals as a team was far more than the collective of the individuals.
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To finance the off-balance-sheet assets, the government set deposit interest rates at very low levels: 1% or so.
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"The world is set for a period of very low inflation, low interest rates and weak growth - but little of this will be due to the events of 11 September, " he concluded.
BBC: 'Worst economic downturn' in 50 years
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However, by historical happenstance the MLR provisions were set when investment returns were already very low.
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And in our budget we have a proposal to give the Pension Benefit Guarantee Corporation the ability to set premiums, which are now very low, in a way that matches the default risk.
WHITEHOUSE: Press Briefing on the President's Budget
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What is most worrying the Bank, in the current climate, is the rise in the spread between the very low bank rate it has set to spur growth and the much higher interest rates that banks are charging to lend to companies and households.
BBC: The Bank's push to ease credit