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NEW YORK (Reuters) – The housing market is seeing hints of stabilization, with February home prices rising for the first time in 10 months, according to a survey on Tuesday, while a measure of consumer confidence last month fell more than expected.

The S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.2 percent in February from January on a seasonally adjusted basis, matching economists’ forecasts.

It was the first time prices have risen since April 2011. That gain was itself an anomaly in a string of declines stretching back to May 2010.

Still, the report was far from suggesting that problems in the battered sector were over. Average home prices across the country were back to late 2002 levels, the report said, as the non-seasonally adjusted 20-city index fell 0.8 percent to 134.20, the lowest since October 2002.

“Even with today’s data Where to buy windows 7 key, the broad prospect for home prices is at best flat over the course of the year,” said Tom Porcelli, chief economist at RBC Capital Markets in New York.

“And as much as we have had progress with the supply and demand imbalance, it is still a challenge to gather any momentum here.”

Robert Shiller Office Visio Key, co-creator of the home price index, said the housing market is likely to remain weak and may take a generation or more to rebound.

“I worry that we might not see a really major turnaround in our lifetimes,” Shiller said on Reuters Insider, calling the day’s home price data a mixed bag.

Data from the Conference Board showed its index of consumer attitudes edged down to 69.2 from a downwardly revised 69.5 in March.

Expectations for prices in the coming year cooled to 5.8 percent from 6.2 percent. March’s inflation expectation was originally reported as 6.3, the highest level since May 2010.

Wall Street saw little reaction immediately after the data with stocks getting a boost in the late morning from corporate earnings.

Earnings results from a round of large manufacturers on Tuesday topped Wall Street’s expectations, as recovering domestic demand helped offset a weak European economy and slowing growth in China.

A separate, government report showed new single-family home sales sagged in March to their lowest level in four months, but sales in the prior three months were revised higher.

The Commerce Department said March sales slipped 7.1 percent to a seasonally adjusted 328,000-unit annual rate. February’s sales pace was revised higher to 353,000 units, the fastest pace since November 2009, from the previously reported 313,000 units.

“The conditions in housing are still extremely weak Windows 7 Key, but there are some very subtle, less negative, signs suggesting stabilization there,” said Sean Incremona, economist at 4Cast Ltd in New York.

Six years after home prices started to crumble, the housing market remains a thorn in the side of the economy. Ongoing foreclosures, tight credit and a dearth of buyers have kept the sector on the ropes.

Economists say a meaningful recovery in housing is still a long way off and will show a regional disparity as some areas improve more quickly than others.

The beleaguered housing market has also been a concern for the Federal Reserve. The central bank begins its two-day meeting on Tuesday, and investors will be keen for any insight on whether the central bank will provide more stimulus for the economy.

The Fed releases its statement on Wednesday. It has held interest rates at near-zero since late 2008 and has purchased more than $2 trillion in long-term securities as part of its efforts to bolster the fragile economic recovery.

The central bank has said it will likely keep rates at ultra-low levels at least through 2014.

ATLANTA, LAS VEGAS PRICES TUMBLE

Prices in the S&P/Case-Shiller 20-city index fell 3.5 percent year over year, moderating from the previous month’s decline of 3.8 percent.

Prices dropped in seven of the cities on a seasonally adjusted basis, while prices in two cities were unchanged. On an unadjusted basis, 16 of the areas slumped further.

Home prices in Las Vegas and Atlanta were both back to levels seen in December 1996.

(Additional reporting by Jason Lange in Washington, Julie Haviv and Steven C. Johnson in New York; Editing by Padraic Cassidy)

U.S.

OMAHA, Nebraska (Reuters) – Warren Buffett’s Berkshire Hathaway more than doubled its profit in the first quarter, as the conglomerate’s insurance business was spared from the devastating natural disaster losses that hit the company a year earlier.

The company also benefited from much higher gains in its derivatives portfolio, offset in part by a substantial write-down on one of its bond holdings.

The results come one day before the conglomerate’s annual shareholder meeting, a festival-like event dubbed the “Woodstock for Capitalism” that draws nearly 40 replica watches,000 investors to Omaha.

Even before the results came out, though, one Berkshire investor said his fellow shareholders were much more likely to focus on succession issues for the 81-year-old Buffett than other questions like the quarterly report.

“If you boil it down, most people say: ‘who’s the replacement going to be,’” said Harvey Eisen, chairman of Bedford Oak Advisors.

Net income attributable to Berkshire shareholders more than doubled to $3.25 billion, or $1,966 per share, from $1.51 billion, or $917 per share, last year.

First-quarter operating profit rose to $2.67 billion, or $1,615 per Class A share. Analysts expected operating profit of $1,780 per share, according to Thomson Reuters I/B/E/S.

Revenue rose 13 percent to $38.15 billion replica watches, and Berkshire ended the quarter with $37.83 billion of cash and equivalents replica watches, up around $500 million from the beginning of the year.

Berkshire posted a $54 million insurance underwriting profit in the quarter. That compared with a year-earlier $821 million loss, when results were hurt by costs for earthquakes in Japan and New Zealand and floods and a cyclone in Australia.

Within the insurance group, underwriting gains at auto insurer GEICO fell sharply, in large part on accounting changes related to how insurers recognize the cost of acquiring customers. Losses narrowed in the reinsurance business as well.

Berkshire said profit from railroad operations, including the former Burlington Northern Santa Fe Corp, rose 15 percent to $701 million.

Meanwhile, profit from manufacturing, service and retailing operations rose 53 percent to $854 million. That in part reflected Berkshire’s $9 billion acquisition of the chemical company Lubrizol Corp.

Berkshire also saw a nearly four-fold increase in the gains on its portfolio of derivatives, to $650 million. Those derivatives are largely contracts related to stock market performance, a bet Buffett has said would pay off handsomely over time despite his usual disdain for such instruments.

BOND LOSSES

Results were hurt, though, by a $337 million loss on Texas Competitive Electric Holdings bonds, according to Berkshire’s quarterly report. The bonds issued by the former TXU were “a big mistake,” Buffett told Berkshire shareholders in his annual letter earlier this year.

Berkshire has roughly 80 operating units, including many consumer-oriented businesses that sell such things as apparel, furniture, ice cream and paint. Earlier Friday, senior Berkshire executives said they were seeing signs of slow but steady economic growth as consumers increase spending.

The company’s Class A shares closed Friday up $150 at $121,950, and its Class B shares closed down 32 cents at $80.94. Berkshire released quarterly results after U.S. markets closed.

The company also noted that it did not buy back any stock during the first quarter. Earlier Friday, noted investor Mario Gabelli, a prominent figure at the Berkshire annual meeting, said he thought the shares were at least 50 percent undervalued. A number of analysts have also said Berkshire shares were trading near historical lows.

(Reporting by Jonathan Stempel in New York and Ben Berkowitz in Omaha; Editing by Bernard Orr)

Hot Stocks Asian Markets Related Quotes and News Company Price Related News

SAN FRANCISCO, May 3, 2012 (Reuters) — Activist hedge fund Third Point on Thursday accused Yahoo Inc’s new chief executive, Scott Thompson, of padding his educational record, and Yahoo called the discrepancy an “inadvertent error.” The headquarters of Yahoo Inc. is shown in Sunnyvale, California May 5 Tattoo Kits Uk, 2008. REUTERS/Robert Galbraith

Thompson claims to hold a bachelor’s degree in accounting and computer science from Stonehill College near Boston but he “embellished his academic credentials,” as the CEO’s degree is in accounting only, Third Point’s founder and chief executive, Dan Loeb Beginner Tattoo Kits, wrote in a letter to Yahoo’s board on Thursday.

“Stonehill College informed us that it did not begin awarding computer science degrees until 1983 – four years after Mr. Thompson graduated,” Loeb said. Third Point is a large Yahoo investor that has publicly battled the Internet company’s board in the past.

A Yahoo spokesman called the discrepancy an “inadvertent error.”

“Scott Thompson received a bachelor of science degree in business administration with a major in accounting from Stonehill college,” the spokesman said in an emailed statement. “There was an inadvertent error that stated Mr. Thompson also holds a degree in computer science.”

Yahoo reiterated its confidence in its CEO, saying he is a “highly qualified executive with a successful track record leading large consumer technology companies.”

The letter represents the latest salvo from Third Point, whose 5.8 percent stake in Yahoo ranks it among the company’s largest institutional shareholders. Third Point has sharply criticized Yahoo’s performance and strategy in the past.

Yahoo, whose revenue slid by more than a fifth last year, brought in Thompson, PayPal’s former president, as chief executive in January, five months after Carol Bartz was fired.

Loeb also accused board member Patti Hart, who chaired the CEO search committee Tattoo Guns, of embellishing her educational record.

Various corporate filings state that Hart holds a bachelor’s degree in marketing and economics from Illinois State University but her degree is in business administration, Loeb said.

A Yahoo spokesman responded: “We can confirm that Patti Hart holds a bachelor of science degree in business administration with specialties in marketing and economics from Illinois State University.”

(Reporting by Poornima Gupta; editing by Matthew Lewis)

La communication mérite mieux que l’usage qui en est fait au 55 rue du Faubourg Saint-Honoré: exploiter la plus grande pente de l’opinion publique pour se faire réélire à tout prix The Best Tattoo Guns, à n’importe quel prix?

La communication est un outil au service des idées pas un maquillage des processus démocratiques. C’est bien le moins que l’on puisse attendre d’un politique au service de son pays: le courage de ses idées et pas seulement la pêche aux voix.

La polémique sur le droit de vote des immigrés aux élections municipales est un piège monté par des apprentis sorciers qui réduisent notre démocratie à la manipulation de l’opinion par un marketing politique indigne des enjeux auxquels la France est confrontée aujourd’hui.

La pêche aux voix par tous les moyens prend appui sur la triste et cynique stratégie: “Do you want to be right Tattoo Gun Kits, or do you want to be president” (“voulez-vous être juste, ou voulez-vous être President?”).

Approchons dans le détail ce que la communication livrée aux gourous peut donner. Rappelons-nous. Rove -son nom est Karl Rove. Son surnom, “the brain”. Le cerveau. Et si l’on a mauvais esprit, on dit “Bush’s Brain”. Proche de Georges Bush depuis 30 ans, Karl Rove avait tout prévu, tout balisé depuis… le 11 septembre 2001.

Sans s’encombrer de scrupules, avec un cynisme assumé, cet adepte de la manipulation a, pendant quatre ans, tout misé sur la sécurité, fait passer aux oubliettes l’économie et bâti une stratégie à la fois extrême et simpliste: mobiliser son électorat, focaliser sur les conservateurs et les ultra-conservateurs, ignorer les indécis qui mobilisaient tant les démocrates que les médias.

L’artiste a su faire parler les chiffres: 4 millions de chrétiens évangélistes ne s’étaient pas déplacés pour voter en 2000. Comment les remettre sur le chemin des urnes et s’assurer leurs voix? Une proposition d’amendement à la Constitution visant à bannir les mariages gays soumise à référendum dans onze états clés! Un million d’électeurs homosexuels républicains ne pesaient rien face aux 4 millions de voix de chrétiens remobilisés. Un coup de maître. L’amendement fut adopté… partout.

Certes Tattoos Guns Kits, la France n’est pas l’Amérique. Et depuis, l’Amérique a su élire Barack Obama qui est à nouveau en campagne. Karl Rove n’est pas à lui seul l’Amérique comme Patrick Buisson n’est pas à lui seul le représentant de la communauté des conseils et de la communication. Communication n’est pas manipulation.

Marie France Lavarini est co-auteur avec JY Lhomeau de Une histoire Abracadabrantesque chez Calman Levy.

Pienso que el error más grande que los padres cometen es comprar demasiados muebles cuando decoran el cuarto de sus niños, sobrecargando así la habitación. La idea es comprarles lo esencial para que el cuarto tenga multi-funciones y que crezca con el niño a través de los años.

Dependiendo de su edad y tomando en cuenta el tamaño del espacio, soy fanático de usar la cama individual contra la pared para que luzca como un “sofá” durante el día. De este modo, ganamos más espacio en el centro de la habitación para jugar. Al igual, si tus hijos comparten el cuarto Replica Christian Audigier Clothes, puedes comprar un cama litera o para un niño mayor, una cama tipo loft que es un diseño que tiene la cama elevada con un área de escritorio debajo.

Es muy importante usar el espacio vertical cuanto más puedas a tu beneficio. Siguiendo con este tema, puedes incorporar repisas encima de las puertas de los closets (roperos) y las ventanas para exhibir trofeos o jueguetes que no usan a diario. A la misma vez, invierte en una sistema organizador de closets para poder utilizar el espacio a lo máximo sin que tengas necesidad de comprar una cómoda. ¡Cuanto menos muebles, más amplio lucirá la habitación y mejor su función Buy DKNY Clothing!

Otra idea es usar un librero pequeño como una mesita de noche que sirva para almacenar libros, mochilas y más juguetes, al igual que usar cestas y baúles para mantener todos los artículos organizados en el cuarto. Para las niñas, me gusta crear una combinación de tocador y escritorio simplemente colgando un espejo encima y usando una silla tapizada que le da un toque de princesa al cuarto.

Con la selección de los muebles claves, termina pintando el cuarto en tonos claros. ¡Hasta puedes usar pintura de pizarra dandole un área para dibujar en la misma pared! Luego, usa su color favorito como acento por todo el espacio en el conjunto de cama, alfombra, cortinas, etc. y prueba calcomanías removibles que vienen en diferentes diseños y temas que le dan mucha personalidad a un cuarto de niños. De esta manera puedes crear un ambiente divertido que inspirará su creatividad y la decoración será fácil de cambiar en un futuro si se deciden por otro estilo.

- Consigue ‘De Revista’, el nuevo DVD de Martín Amado en Amazon.com

La habitación de un(a) niño(a) debe tener multi-funciones y debe crecer con él/ella a través de los años.

Mientras menos muebles, más amplio lucirá la habitación y mejor su función.

Puedes incorporar repisas para exhibir trofeos o juguetes que no usan a diario.

Puedes usar un librero pequeño como una mesita de noche que sirva para almacenar libros.

Usa su color favorito como acento por todo el espacio.

Si los niños comparten la habitación, puedes identificar cada zona con cojines con letras.

Es recomendable que pintes el cuarto en tonos claros.

Puedes crear un ambiente divertido cuya decoración sea fácil de cambiar en un futuro.

Novitec Rosso 458 Italia – Click above for high-res image gallery

Novitec Rosso has thing for the Prancing Horse. It routinely turns its wrenches on the cars of the Ferrari stable and shows them a new level of power. At this week’s 2011 Geneva Motor Show, Novitec has focused ts attention on the Ferrari 458 Italia, and the results are stunning.

The “standard” Ferrari 458 Italia produces 562 horsepower and 398 pound-feet of torque from its mid-mounted 4.5-liter V8. Novitec utilizes new engine mapping, and a different exhaust manifold and exhaust system to raise output to 609 horsepower and 420 pound-feet of torque. The tuning company has also managed to raise the redline from 9 Tattoo Supplies,000 to 9,100 rpm, which doesn’t sound like much but could help earn a few more ticks at the top end of the speedo.

Besides the engine work, Novitec has upgraded the 458’s suspension, lightened the wheels and added carbon fiber to various locations all over the car. The resulting Novitec Rosso 458 is lighter Tattoo Supplies, louder and faster than your run-of-the-mill Italia. It’s also pretty damn good looking to boot.

Related GalleryNovitec Rosso 458 Italia: Geneva 2011
Photos copyright ©2011 Drew Phillips / AOL

The only times I tune into Fox News Channel are when I accidentally sit on my remote control, when I’m feeling blue and need the amphetamine rush that is Shepard Smith flapping his gums, and when I want to inspect Bill O’Reilly’s show for crimes against civility.

Although I watch Fox News sparingly, I’m glad it arrived to break up the centrist monopoly on news Buy Marc Jacobs Dresses, information, and opinion led by CBS, NBC, ABC, and CNN. Thanks to Fox News, most of our premises are subject to review—even the language that we use to express our premises. But such deviations from the groupthink line upset the delicate flowers at Media Matters for America, who gave some internal Fox News memos to Howard Kurtz of the Daily Beast. In the memos, Bill Sammon, a Fox News vice president and Washington managing editor, instructed his staff on Oct. 27 to use the term government-run health insurance or government option instead of public option when reporting on the political battle over government health care. Sammon also instructed his employees to call the public option theso-called public option.

The call to refer to the program as the government option instead of the public option came from Republican pollster Frank Luntz, Media Matters and Kurtz report. But this shouldn’t disqualify the new term from the Fox News stylebook. Government option is superior to public option in that it emphasizes that the government—and thus the taxpayers—will be footing the bill. As a modifier, public has many nongovernmental uses, as in public appearance, public figure, public display, public-key cryptography, public editor, public enemy, public storage, and public opinion.

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But when government is used as an adjective Buy Chloe Dresses, there is no such confusion. Does that make Fox News’ semantic solution superior? I’ve always thought that Social Security should be renamed Government Ponzi Scheme. I’d also like the Export-Import Bank to be renamed the Government Subsidy Depot—but that’s another column.

That Sammon issued a memo directing Fox News reporters to use a phrase he considers more accurate hardly constitutes “spin Herve Leger sale,” as the headline to Kurtz’s piece has it. If government option is spin, isn’t public option spin Replica Emilio Pucci Dresses, too?

Usage cops walk the beat at every large news organization, commanding reporters to obey the ruling stylebook. For instance Cheap Chanel Dresses, some newspapers used pro-life and pro-choice in their abortion coverage until somebody pointed out that being anti-pro-life wasn’t the same thing as being pro-death—and that pro-choice was closer to meaning pro-abortion Replica DKNY Clothes, although that gets slippery, too, since you can be against the pro-lifers and not want to have an abortion yourself.

That the Washington managing editor of Fox News disagrees with the journalistic pack on how to cover a story is no crime against journalism. Hell, he should be celebrated as a minor hero and given a balsa-wood and tin plaque to commemorate his independence.

There are reasons to hate Fox News. This isn’t one of them.

******

However, I would prefer that second references to Rupert Murdoch on Fox News describe him as a genocidal tyrant. Send your stylebook ideas to slate.pressbox@gmail.com and luxuriate in the glitter of my Twitter. (E-mail may be quoted by name in “The Fray,” Slate’s readers’ forum; in a future article; or elsewhere unless the writer stipulates otherwise. Permanent disclosure: Slate is owned by the Washington Post Co.)

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Click on the image above for a high-res gallery of the 1957 Ferrari 250 TR Buy BCBG Dresses

With its stunning pontoon-fendered bodywork sculpted by Scaglietti, the Ferrari 250 TR is not only one of the most beautiful cars ever built Cheap DKNY Dresses, it was one of the most competitive as well. Ferrari captured ten victories in nineteen races from 1958 to 1961, including a class win at Le Mans with Phil Hill and Olivier Gendebien.

It’s rare to see one offered for sale Cheap Herve Leger v neck, and it is a guarantee that a massive sum of money will exchange hands when one comes on the market. Those high-end car collectors who remain unaffected by economic woes will have the chance to part with such funds this coming May when a 1957 Ferrari 250 TR Herve leger strapless sale, chassis #0714TR Chloe Dresses sale, crosses the block at RM Auctions’ Ferrari Leggenda E Passione sale in Maranello. This particular example was campaigned extensively from 1958 to 1963 and is painted in its period-correct black paint with a red nose. RM expects the 250 TR to set a new world record for a car sold at auction, potentially exceeding the rumored $21.7 million it took to buy a 250 GTO $10.89 million dollar sale of a 1961 Ferrari California Spyder last year. More details on the sale in the press release from RM after the break.
Related Gallery1957 Ferrari 250 TR Buy Emilio Pucci Dresses, chassis #0714TR
[Source: RM Auctions]

Fat Tuesday was a week ago, but President Obama is letting Congress extend the holiday. He said in his address to Congress last week that hard times would require sacrifice from everyone and that he was going to insist on rigorous budget discipline. This week Replica Marc Jacobs Dresses, however, he’s granting an exception for a $410 billion pork-filled spending bill, which he’s going to sign with little opposition.

Peter Orszag, the director of the Office of Management and Budget, was asked about the spending on ABC’s This Week Sunday. “This is last year’s business,” he said. “We want to just move on.” Obama can’t veto the bill, say aides, because it’s already gone through congressional committees and it would just be too hard to undo that work. Imagine if your diet worked this way: Before you start on your 28-day purge, you may consume the remaining food in your pantry.

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In another universe—say Chanel Dresses sale, the one Obama inhabited rhetorically last week—the pork contained in the bill might have been eliminated and turned into “savings.” Obama’s budget writers have done backbends to create savings, and cutting these earmarks would have been a way to take the high ground and resort to fewer gimmicks. And Obama, who has repeatedly called on us all to do hard things, might have taken on this hard task as a way of leading by example. Or, having run on changing Washington, the president might have decided to make changes to a bill that represents a lot of what he ran against. Or Discount Emilio Pucci Dresses, he might listen to allies like Democratic Sen. Evan Bayh who asked him to veto the bill.

Of course in that universe we’d also get Fridays off, books would be published on merit, and the stock market would rise if we asked nicely. The reason Obama isn’t going to veto the spending bill is that, despite his popularity, he is not a magician, as Chief of Staff Rahm Emanuel described so colorfully in discussing the stimulus bill with The New Yorker’s Ryan Lizza.  Undoing the bill’s many pet projects would create a bloodbath, angering both Republicans and Democrats over what is, relative to his other requests, a small amount of savings ($16 billion if you remove the earmarks from the bill). Obama’s efforts to prop up the deteriorating economy and transform energy and health care policy will require a lot of political capital; he’d be crazy to squander it this early. So despite what Obama aides say, this supine posture is not about the past but about the future.

It would be great if Obama or his aides would say that out loud. Then they would be treating us all like adults, as Obama promised to. But that would also create political headaches: It’s hard for a president who uses the language of moral absolutes to embrace relativity. Also, as a political matter, the public trusts the president to get it out of this fix, and according to polls, it doesn’t trust his critics—so he’s not likely to pay a penalty for not vetoing this spending bill.

In a just-released Wall Street Journal/NBC News poll Discount BCBG Dresses, Obama’s approval rating is at an all-time high. People were asked whom they trust to lead the country out of the recession Discount Emilio Pucci Dresses, and only 20 percent said Republicans (48 percent said Democrats). More than half of all adults say that Republicans in Congress have opposed Obama’s proposals more to gain political advantage, and they blame the GOP for the partisanship in Washington.

With numbers that low, one might imagine the White House helping book Republicans on the cable talk shows. At the moment, Republican criticism is something Obama wants (which explains why his spokesman is only too happy to talk about Rush Limbaugh’s latest reiteration that he hopes Obama’s economic plans fail).

What may return to haunt Obama about this passivity is that Congress may take the wrong lesson from it. The dynamics that keep Obama from matching his rhetoric on budget discipline won’t disappear with the omnibus spending bill. Congressional leaders now know the president is willing to take the public relations hit and allow spending he says he doesn’t agree with in order to save his political capital for the next big request.

After all Emilio Pucci Dresses sale, Obama will always have these larger priorities. And members of Congress will always be able to ask for their pet projects in return for supporting them. As if on cue, on Tuesday, Democratic House Majority Leader Steny Hoyer asserted the House’s earmark prerogatives. Save those party hats for next year.

Thanks to a commenter on our previous post about the $2B class-action lawsuit being filed against automakers over the price discrepancy between cars sold in the U.S. and Canada Fake Paul Picot Watches for sale, we learned that Porsche Cars North America is the first automaker to announce that it will be sharply reducing the prices of its vehicles sold in Canada. Overall, the price of a 2007 Porsche model compared to a 2008 will go down a full 10%, so a 2007 Cayman that cost $69 Replica Titoni Watches,600 in Canada last year will cost $63,500 today. Unfortunately, a 2008 Cayman in the U.S. still only starts at $49,400 Fake Jaquet Droz Watches, but at least it’s something.

Peter Schwarzenbauer, President and CEO of Porsche Cars North America, Inc. Replica Sarcar Watches, said yesterday in a press release, “We cannot ignore our customers and dealers in Canada who can look to the U.S. and recognize a substantial price difference.” Unfortunately Fake Harry Winston Watches for sale, this ginormous price difference still remains, as we illustrate after the jump. Porsche released a list of the new and old pricing for all of its models Replica Hamilton Watches, but we went through the list and added the current MSRP for each vehicle in the U.S. The differences in price were so large to begin with that a 10% price drop across the board does little to reduce the disparity.

Nevertheless, Porsche does deserve props for at least acknowledging the disparity, though we aren’t sure its actions to alleviate it will stop many from crossing the border to pick up their sports car from Stuttgart.

[Source: Porsche]