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Car advertising

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The Commission wants people's views on how to improve consumer information in advertisements for new cars. The consultation comes after Brussels admitted the 1999 directive requiring fuel consumption and CO2 labelling of all new cars is 'not working as well as it could'. One of the options proposed is to make the rules on advertising information more strict.

Oil price 'good'

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The rising price of oil is good news, according to the head of the Organisation for Economic Cooperation and Development (OECD). Speaking at the OECD's annual meeting, Angel Gurria said it would be 'disastrous' if the world’s richest nations cut fuel taxes or subsidised prices, as rising prices are a clear signal to consumers and companies to cut their fuel consumption.