China-India cooperation is also in line with each nation’s international strategy. The change in the international landscape has motivated developing countries to engage in multilateral cooperation and seek more say when it comes to protecting their own interests. China and India are both in favor of free trade. Down the road, they will need better coordination and more support from each other on issues such as the multilateral trade system and WTO reform.
(28.6.2010) Rather than being rewarded for its actions, though, Ireland is being penalized. Its downturn has certainly been sharper than if the government had spent more to keep people working. Lacking stimulus money, the Irish economy shrank 7.1 percent last year and remains in recession.
Joblessness in this country of 4.5 million is above 13 percent, and the ranks of the long-term unemployed — those out of work for a year or more — have more than doubled, to 5.3 percent.
Now, the Irish are being warned of more pain to come.
Trump does not have the legal authority to fire the Fed chair,
(10.10.2018) Investors have also been shaken by rising interest rates and bond yields triggered in part by recent Federal Reserve rate hikes.
Last year’s election proved the Labour leadership right about a national hunger for left-leaning economic policies. After a lost decade of stagnating wages, job insecurity and spiralling costs following the economic crash and austerity cuts, poll after poll is showing overwhelming public support for Labour’s economic plans of renationalisation of rail and utilities, investment in infrastructure and higher tax on the highest earners.
We have a plan to rebuild Britain.
Rebuilding industry. Rebuilding opportunity for workers. Rebuilding our communities. Rebuilding our economy. Rebuilding our public services. Rebuilding for people, not for profit. Rebuilding for families, not for investors.
Instead,… this year’s celebrations focused on the the regime’s economy. Civilians paraded across the square with floats displaying messages about socialism. And although there was no speech from the North Korean leader himself,… the ceremonial head of state, Kim Yong-nam , addressed the public with a softer tone,… emphasizing the regime’s initiatives for economic reform. Experts say that as long as the momentum for dialogue continues,… North Korea will hold back on its nuclear ambitions, and concentrate more on its economic growth and improving the lives of its people. Park Hee-jun, Arirang News.
The presidents discussed the current state and future prospects of trade and economic cooperation between the two countries and positively assessed the implementation of joint strategic projects, primarily in energy.
Claim of willingness for talks not enough; honesty the key/Talks concurrent with sanctions meaningless/Sanctions targeting Iranian children, people/If US administration ready, we’re ready to negotiate to receive their debts to Iranians since 1953
Turkey’s President Recep Tayyip Erdogan has spoken about the primary objectives during the first 100 days of his new administration. Speaking of western financial speculation against the Turkish Lira, Erdogan reiterated that the country is “facing an economic war, but we will win it”.
It is the first time parliament has summoned Rouhani, who is under pressure from hardline rivals to change his cabinet following a deterioration in relations with the United States and Iran’s growing economic difficulties.
Bannon seems to have discovered something that for members of the American intelligentsia is not only strange, but practically incomprehensible: Racism is not an issue that interests the majority of Americans. The economy, not racism, was the issue of the election. What truly interests Americans is not the Mexicanness of illegal migrants, but the illegality of so much Mexican migration. “The Democrats,” Bannon told an infuriated Robert Kuttner at The American Prospect a few days before he was sacked from the White House, “the longer they talk about identity politics, I got ’em. I want them to talk about racism every day. If the left is focused on race and identity, and we go with economic nationalism, we can crush the Democrats.”
(3.6.2018) That would pave the way to tap the North’s vast mineral reserves, which could be worth $6 trillion, according to a 2013 estimate by the North Korea Resources Institute in Seoul. It’s also home to what might be the world’s single-biggest rare earth deposit, a crucial element for electronic car engines and many high-tech gadgets the South is so good at churning out.
„India has stepped up its focus on East Asia as well as ASEAN and any addition of an emerging market like North Korea will be most beneficial for the country’s expanding export-oriented industries,“ said a trade source.
India’s Act East Policy, that was introduced by the Modi government, focusses on the extended neighbourhood in the Asia-Pacific region.
Mr. Gapen believes the unemployment rate could sink as low as 3 percent by the end of 2019. That would bring it to levels last seen in 1953, the height of the economic boom after World War II.
The U.S. economy added 223,000 jobs in May as U.S. companies continued their hiring spree, according to the Labor Department’s monthly jobs report released Friday. The unemployment rate fell to 3.8 percent, the lowest since 2000.
The unemployment rate dipped to 3.8 percent in May, reaching an 18-year low. That’s encouraging, yet unemployment was lower right after World War II, when it fell as low as 2.5 percent in 1953. The 1960s also boasted several periods of lower unemployment.
He especially called for efforts to make sure the benefits of growth are broadly shared.
„Still, there are many areas where we came too short to say the people’s lives are improving,“ Moon said, noting the average income of households in the lower 20 percent bracket has in fact decreased despite the 3.7 percent increase in the average income of all households in the first quarter.
The Indian Minister of State for External Affairs Gen VK Singh made a surprise trip to North Korea earlier this week as India sought to revive its ties with the isolated country. The visit sent a good signal for the Asian economy.
Singh was the first Indian minister received by the North Korean government in the country in nearly two decades, which added to evidence that Pyongyang will be willing to seek better ties with the international community.
Moon Jae-in handed his North Korean counterpart a blueprint for economic integration at last month’s historic Panmunjom summit
The number of children in Japan has fallen for the 37th straight year in a row, a sign the country’s attempts to offset the country’s severely aging population are failing.
On the website of real estate agency jiwu.com, an article outlined a popular rumor that as North Korea reforms its economy Dandong might turn into another Shenzhen, the Chinese mainland boom city near Hong Kong. The article encouraged people to buy property while prices are low.
The volume of property deals is also reportedly increasing.
The move boosted hopes among local investors about easing of tensions on the Korean Peninsula, which have been cited as a key reason for undervalued local stocks over the past decades, dubbed the „Korea Discount.“
The measures could mark Kim’s strategic course correction after incremental global sanctions have crippled his country’s economy, eroded public support and loyalty from the elites, and fueled diplomatic friction with China, its key economic patron.
The announcement came ahead of Kim’s summits with South Korean President Moon Jae-in on April 27 and United States President Donald Trump in May or early June.