Apr 24 2018
"They were trying to pacify the markets and prevent USA stock prices from falling further", said Mei Xinyu, a senior research fellow of the Commerce Ministry's Chinese Academy of International Trade and Economic Cooperation. "While we have turned the corner after a decade of crisis, we agree that there are some dark clouds on the horizon, and we need collectively and individually to focus on deeper economic reforms to ensure higher, sustainable and inclusive growth", he told reporters.
The US has resisted pressure to back off President Donald Trump's protectionist America First trade policies.
In a statement at the end of three days of meetings yesterday, the IMFC heeding to the voice of countries like India, the US, Britain and France, called on the International Monetary Fund and the World Bank to work on a multi-pronged programme to enhance debt transparency and sustainability.
Many have used the finance meetings to protest against Trump's protectionist trade policies, which mark a reversal of seven decades of United States support for ever-freer global commerce.
Trade relations between China and the U.S. have deteriorated in recent weeks.
French Finance Minister Bruno Le Maire said the steel and aluminium tariffs could lead to retaliation by other countries and "a significant risk that the situation could escalate".
The IMF projects global growth of 3.9 percent this year and next but warns that the risks are tilted to the downside.
"The intensifying challenges to multilateralism call for an unequivocal and forceful voice of the IMF and WTO in favour of a rule-based worldwide trading system and against protectionism", he added. "Finance ministers (from around the world) are gathering together".
French Finance Minister: Macron Wants 'Full and Permanent Exemption' From Trump Tariffs
He said he and Trump "have a very special relationship because both of us are probably the maverick of the systems on both sides". He described the U.S.as "one of the last resorts" for peace and multilateralism.
Pochettino raises questions over future after Spurs' FA Cup defeat
Antonio Conte expects Chelsea to be underdogs when they face Manchester United in the FA Cup final, and says he has "no problem" with Jose Mourinho .
Turkish president calls snap elections for June
The AK Party holds 316 seats in parliament, the CHP holds 131, the MHP holds 36 and the Peoples' Democratic Party (HDP) holds 50. In addition, the president will be able to declare a state of emergency, a power now held by the government.
The timing is unclear, and he did not provide details on the topics to be discussed but said "a trip is under consideration".
A trip by the US Treasury secretary to China could signal a breakthrough in the spat between the world's two biggest economies, which have threatened to slap tariffs on each other.
'The discussions were really around the governor's actions at the PBOC and certain actions they've announced in terms of opening their markets which we very much encourage and appreciate, ' Mnuchin said.
When asked whether he believed the US and China could put an end to the rising tensions between them, Mnuchin said the U.S.is "cautiously optimistic".
Mnuchin indicated he's involved in a "dialogue" with the Chinese government to resolve the trade dispute.
The members of the International Monetary and Financial Committee, or IMFC, released a communique on Saturday after a 2-day meeting in Washington.
Mnuchin said China has been "very helpful" in supporting US sanctions against North Korea, and welcomed the regime leader's announcement on Friday to suspend nuclear testing.
Apr 22 2018
Palestinians will seek United Nations probe of Gaza violence
Several regional and worldwide bodies accused the Israeli occupation forces of using lethal forces against unarmed protesters. Friday's demonstration was the fourth in as many weeks of a planned, weeks-long sit-in dubbed the Great March of Return .
Apr 22 2018
Meghan Markle was meant to be royal: Paula Patton
I think Meghan's dress will be in a delicate lace with very subtle beading, designed with a deep V neckline and long lace sleeve. The first time Meghan's Suits character attempted to walk down the aisle, it didn't end too well.
Apr 22 2018
Apple starts battery replacement program for some 13-inch MacBook Pros
The affected 13-inch MacBook Pro (non Touch Bar)'s were produced between October 2016 and October 2017. It's a battery from hell year for Apple starting with the iPhone battery replacement offer .
Apr 22 2018
Stay Away From All Forms of Romaine Lettuce, CDC Warns
It is because of this new information that the CDC has expanded its warning to include all types of romaine lettuce. If unsure whether the store-bought lettuce is romaine, the CDC recommends throwing it away.
Apr 21 2018
Mobile money drives financial inclusion but gender gap persists
Digital public pension payments could reduce the number of unbanked adults in Europe and Central Asia by up to 20 million. Although more people have access to banking in India now, cash is still the dominant mode of payment.
Apr 20 2018
Netanyahu, Rivlin Reflect on Israel's 70th Anniversary in Video Messages
In Israel, people just don't spruik the benefits of research, they don't just talk, they teach a culture of discovery. Israeli warplanes staged aerial displays over Haifa and other major cities.
Apr 20 2018
Stormy Daniels sketch is a nonexistent man
Daniels is challenging the validity of the agreement in court, saying Trump never signed it. Trump's having none of it: "A sketch years later about a nonexistent man".
Apr 19 2018
Tom Brady has yet to commit to playing '18 season for Pats
Bayless said he's convinced that Brady wants to play three or four more years with the Patriots , but not under Belichick . Another star Patriots player, tight end Rob Gronkowski , also hasn't indicated positively whether he'll return.
Apr 18 2018
FIFA Charges World Cup Host Russia for Fan Racism
The charge will be a concern to organisers of the World Cup, with the start of the competition in less than two months' time. StubHub said it fully complies with applicable laws and does not allow the resale of World Cup tickets.
Apr 18 2018
Harley Quinn Movie Hires Female Director
Yan, whose feature-film debut Dead Pigs picked up an award at Sundance this year, beat out numerous contenders for the plum job. Warner Bros. has been hard at work on developing a slew of films based on DC properties over the past few years.
Apr 23 2018G7 leaders seek common front on Russian Federation stand-off
Apr 22 2018Former New York City Mayor Rudy Giuliani Is Joining Trump's Legal Team
Apr 22 2018IPhone SE 2 Without Earphone Jack, Face ID to Launch in May
Apr 21 2018United Kingdom approach to Irish border issue 'ignores food concerns'
Apr 21 2018Former Ohio State football coach Earle Bruce dies at age 87
Apr 21 2018Natalie Portman snubs 'Jewish Nobel' in apparent protest against Israel
Apr 20 2018Embiid not fully cleared but may still play
Apr 20 2018NFL To Announce 2018 Regular-Season Schedule On Thursday
Apr 20 2018Khloe Kardashian sends love to Kourtney on her 39th birthday
Apr 18 2018Immunotherapy shows promise for lung cancer
Apr 23 2018'Westworld': Who Dies in the Season 2 Premiere?
Apr 23 2018IPL 2018: Archer, Gowtham down Mumbai Indians
Apr 23 2018Naked Gunman Kills 4 In Waffle House Shooting, Remains At Large
Apr 23 2018Jazz crowd taunts Paul George during Game 3
Apr 22 2018BJP fields another Reddy brother in Karnataka polls
Apr 21 2018E. coli warning expands to all romaine lettuce
Apr 21 2018Wenger's legacy at Arsenal 'untouchable' - Henry
Apr 20 2018Jeevitha Rajasekhar press meet, Counter to Sri Reddy and POW Sandhya
Apr 20 2018'Homeland' Will End After Season 8, According To Claire Danes
Apr 19 2018Trump Attorney Michael Cohen's Secret 3rd Client
Apr 19 2018Cuban state media say new president to be elected Wednesday
Apr 18 2018Busch passes Larson to win at Bristol