New York, NY, Sept. 12, 2008--As leading figures in the rug industry travel to New York City for the fifth annual Metro Market Week and the New York International Carpet Show, international social justice nonprofit RugMark USA and its industry partners prepare to launch the Faces of Freedom photo exhibition.
The collection of work by internationally acclaimed photographer U. Roberto Romano will be on display at the Odegard New York showroom Sept. 15-26, and will reveal stories of former child weavers and their journey from moments of exploitation and desperation to opportunities of rehabilitation and education.
Prevalence of illegal child labor in the South Asian handmade carpet industry, a key export for countries like Nepal, has troubling implications for American consumers, RugMark says. Currently the U.S. has the largest market for handmade rugs averaging $1.2 billion in product sales each year, half of which come from South Asia.
Since 1995, RugMark has helped to reduce the number of children working illegally as weavers in India, Nepal and Pakistan from one million to 300,000.
To accomplish its mission, RugMark offers an independent child-labor-free certification process. The RugMark label ensures that a rug was made by adult artisans and that a portion of each rug’s purchase price goes to educate former child laborers.
RugMark operates 13 schools and rehabilitation centers in weaving communities in South Asia. More than 3,500 children currently attend school with RugMark support.
As part of RugMark’s three year public awareness campaign “The Most Beautiful Rug,” Faces of Freedom is designed to bring viewers to South Asia and into carpet factories, loom sheds and the lives of children and adults who are impacted by the carpet industry.
Faces of Freedom will tour North America through December 2009. Debuting in New York City, the exhibition will remain on display at the Odegard showroom from September 15-26 and can be viewed by appointment only.
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Texas Invista Plants Closing for Ike
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| Houston, TX, Sept. 12, 2008--Koch Industries subsidiary Invista has begun to shut down temporarily three of its plants in south Texas because of hurricane Ike and told those employees not to report for work today.
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One Measure of Consumer Confidence Spikes Higher
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| New York, NY, Sept. 12, 2008--Consumer confidence has improved heading into fall, due partly to dips in gas prices and excitement over the presidential race, according to the Royal Bank of Canada Consumer Attitudes and Spending by Household Index.
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Zebra Rugs at Penney Being Recalled
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| Washington, DC, Sept. 12, 2008--About 2,000 JLA Home zebra rugs sold at JC Penney stores are being recalled because they do not meet the federal flammability standard for small rugs and do not have the required flammability warning label. |

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Imports, Exports Set Records as Deficit Swells
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| Washington, DC, Sept. 11, 2008--The U.S. trade deficit rose in July to the highest level in 16 months as oil imports hit an all-time high, offsetting strong export growth. The deficit with China climbed to the second highest level on record. |

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Jobless Claims Higher Than Expected
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| Washington, DC, Sept. 11, 2008-- Initial jobless claims for unemployment insurance were higher than expected last week, while total benefit rolls rose to the highest level in almost five years, according to the Labor Department. |

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CFOs More Upbeat About Economy
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| Durham, NC, Sept. 10, 2008--Chief financial officers are more optimistic about the direction of the U.S. economy, but remain concerned about consumer demand and weak credit markets, according to a quarterly survey by Duke University/CFO Magazine . |

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British Builder Offers Unusual Incentive
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| London, England, Sept. 10, 2008--Barratt Developments PLC, Britain's second-biggest house builder by volume, said that full-year profits fell by 71 percent as the credit crunch depressed sales in the second half. |

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