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FRANKFURT, Germany -- The dollar fell in Europe following a U.S Commerce Department report showing the economy did better in the first quarter, but it was still a subpar performance.
The 15-nation euro bought $1.5721 in morning European trading, up from $1.5667 in late New York trading Wednesday. The British pound rose to $1.9860 from $1.9727 on Wednesday and the dollar fell to 107.58 Japanese yen from 107.93 yen the night before.
The 1% annualized increase in gross domestic product, announced by the Commerce Department on Thursday, marked a slight improvement from the government's previous estimate of 0.9% growth for the January-to-March quarter. And, it showed the economy logging stronger growth than the feeble 0.6% pace registered in the final three months of last year.
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Now that westerners can enter Ukraine without a visa, more and more people are entering Ukraine in cars. This article will acquaint readers with the basic rules for bringing cars into Ukraine and tell about what it's like to drive a car in Ukraine.
Entering Ukraine on a car
Any foreigner may bring a car into Ukraine. You will need to have the vehicle registration certificate from your home country, as well as your international passport. When you cross the border, you write the car's license plate number on your immigration card, and customs officers put a special stamp in your passport. The stamp is for "temporary import" of your car into Ukraine and will have your license plate number on it. This procedure is free.
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MOSCOW: Russia is attempting to boost its stagnant domestic auto industry by slapping a sharp increase on the duties levied on most imported second-hand cars, media reported on Saturday.
In a decree signed late Friday, Prime Minister Mikhail Kasyanov raised import duties on cars older than seven years to two euros (dollars) per cubic centimetre of engine capacity on cars with an engine size of up to 2,500 cubic metres, and to three euros per cc on cars with a capacity of more than 2,500 cc, Interfax reported.
The increase, for which Russia’s auto constructors had been lobbying strongly, will increase the sale price of middle-range imported second-hand cars by between 1,500 and 2,000 euros, market analysts said.
Duties on imported cars less than three years old remain unchanged at a quarter of cost price, while those on cars aged between three and seven years also remain unchanged at between 0.85 and 1.4 euros per cc according to engine size.
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Order Your New Cars From The USA At ImportRates.com And Save Thousands Importing/Exporting To Russia
The Russian government is developing another campaign to support the national car industry to put competitive pressure on foreign made cars, especially used foreign-made cars. Prime Minister Vladimir Putin approved the introduction of prohibitive import tariff rates for cars made more than five years ago. In addition, the insurance cost and the tax for old cars will be raised too, the Vedomosti newspaper wrote.
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IMPORTATION OF U.S. VEHICLES BY CANADIANS: GOVERNMENT OF CANADA ANNOUNCES AMENDMENT TO CLARIFY AND EASE IMPORTATION
OTTAWA — The Government of Canada has amended the Motor Vehicle Safety Regulations to make it easier for Canadians to import vehicles from the United States built on or after September 1, 2007, that are already equipped with an electronic immobilization system or that can be fitted with one.
"Our government remains committed to ensuring the safety of Canadians on our roads and highways," said the Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities. "This amendment clarifies the process for importing vehicles from the U.S. with respect to electronic anti-theft immobilization systems."
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