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Pricey Oil Means Less Cars, More Bikes, Finance Says

Ljubljana, 16 August - Due to booming oil prices the Americans are spending less and less. The dwindling US spending and growing euro exchange rate mean that the Europeans are facing hard times in exporting to the US. Since the Americans spend less and western Europeans export harder, the Slovenian exporters will have problems in exporting to western markets too, Finance says on Monday.

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