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8 billion euro bailout program

 
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PostPosted: 16-05-2018 11:02:42    Post subject: 8 billion euro bailout program Reply with quote

BEIJING, Sept. 14 (Xinhua) -- China's National Marine Environmental Forecasting Center (NMEFC) on Wednesday upgraded its warning for ocean waves triggered by Typhoon Meranti to "red," the highest of a four-color warning system.


Gales and monster waves up to 12-meters high have been observed off the eastern coast of Taiwan, as this year's 14th typhoon is moving westward, and surges are expected off the coast of Fujian, Zhejiang and Guangdong provinces on Wednesday and Thursday.


The typhoon is expected to make landfall in Fujian and Guangdong on Thursday and the State Oceanic Administration has initiated a class-II emergency response, the second highest level.


The NMEFC ordered ships to return to harbor and residents to stay indoors. It also advised that dams be reinforced.


China's four-tier warning system for severe weather features red as the most serious, followed by orange, yellow and blue.


WASHINGTON Authentic San Francisco Giants Jersey , Sept. 22 (Xinhua) -- Leaders of the United States and the Republic of Korea (ROK) had reiterated the goal of peacefully solving the Democratic People's Republic of Korea (DPRK) nuclear issue, the White House said on Friday.


"President (Donald) Trump and President Moon (Jae-in) reaffirmed the two countries' joint goal of pursuing the complete Authentic San Diego Padres Jersey , verifiable, and irreversible denuclearization of North Korea in a peaceful manner Authentic Pittsburgh Pirates Jersey ," the White House said in a readout of Trump and Moon's Thursday meeting in New York.


The statement came days after Trump threatened in a speech at the United Nations General Assembly that the United States "will have no choice than to totally destroy" the country unless Pyongyang refrains from its nuclear tests and missile launches.


On Friday, the top leader of the DPRK Authentic Philadelphia Phillies Jersey , Kim Jong Un, vowed to retaliate Authentic Oakland Athletics Jersey , saying Trump will "pay dearly" for "his speech calling for totally destroying the DPRK."


Trump and Moon also agreed that "maximum pressure and sanctions" are necessary to deter the DPRK's "threatening actions," the White House statement said.


Trump on Thursday signed an executive order aimed at further cutting off sources of revenue that fund the DPRK's nuclear program.


Also on Thursday Authentic New York Yankees Jersey , Chinese Foreign Minister Wang Yi said that China is firmly committed to the denuclearization of the Korean Peninsula during his speech at the General Debate of the 72nd session of the UN General Assembly.


Wang urged the DPRK not to go its own way in a dangerous direction. Meanwhile, he urged the United States to honor its "Four Nos" commitment to the DPRK Authentic New York Mets Jersey , and called for all parties concerned to play constructive roles in relieving tensions in the region.


China said the six-party talks are still an efficient platform to address the Korean Peninsula nuclear issue.


China's proposal of "suspension for suspension" aims to find a breakthrough while the "dual track approach" plans to resolve all parties' reasonable security concerns via dialogue and consultation in a balanced way thus finding a long-term resolution to the issue.


"Suspension for suspension" refers that the DPRK suspends its missile and nuclear activities in exchange for a halt to large-scale military exercises between the United States and ROK.


"Dual track approach" refers that denuclearizing the peninsula on the one hand and establishing a peace mechanism on the other.


Tension on the Korean Peninsula has been escalating following a series of missile launches and the Sept. 3 nuclear test conducted by Pyongyang.


The UN Security Council unanimously adopted a resolution on Sept. 11 to impose new sanctions on the DPRK over its latest nuclear test.




LISBON, May 11 (Xinhua) -- Portuguese President Marcelo Rebelo de Sousa said on Wednesday the country's decrease of exports was due to a global slowdown and not because of a lack of effort by the government.


"I don't share the pessimism of those who say that this is an irreversible sign of a political error or instability in Portugal," Rebelo de Sousa said at a conference at Lisbon's Gulbenkian museum.


The president's comments come a day after the Portuguese national institute of statistics revealed that Portugal's exports dropped in March by 3.9 percent and imports decreased by 0.8 percent compared to the same month in 2015.


The figures showed that total exports of goods slipped 2 percent in the first quarter of this year compared to the same period in 2015, and imports rose 1 percent.


Portuguese exports of goods saw one of the biggest drops in the past seven years, due to a downturn in customer purchases from Angola, China, Germany and Brazil.


Portugal exited a 78 billion euro bailout program in 2014. After three years of harsh austerity, the new Socialist government, backed by the Left Bloc and Portuguese Communist Party, has promised to turn a page on austerity, leading to recent friction between the European Union and the government's budget plans.


Portugal's debt is still at 129 percent of GDP (gross domestic product) and international institutions have warned that Portugal is unlikely to meet the targets set in its budget plan.


Portugal's Socialist Prime Minister Antonio Costa predicted growth of 1.8 percent this year and a budget deficit cut to 2.2 percent of GDP.


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