28 March, 2015 by The TZ Newswire Staff Comments Off on China central bank governor calls for vigilance on deflation
China central bank governor calls for vigilance on deflation
China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices. Zhou’s comments are likely to add to concerns that China is in danger of slipping into deflation and underline increasing nervousness among policymakers as the economy continues to lose momentum despite a raft of stimulus measures. “Inflation in China is also declining.
28 March, 2015 by The TZ Newswire Staff Comments Off on Denmark applies to join China-backed AIIB investment bank
Denmark applies to join China-backed AIIB investment bank
Denmark has applied to join the Beijing-led Asian Infrastructure Bank (AIIB), China’s Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States. The Ministry of Finance said that Denmark has written to China to “announce its intention to apply to be a founding member” of the AIIB.
28 March, 2015 by The TZ Newswire Staff Comments Off on Islamist groups seize Syrian city Idlib for first time
Islamist groups seize Syrian city Idlib for first time
Islamist groups including al Qaeda’s Nusra Front have seized the city of Idlib for the first time in Syria’s civil war, fighters said on Saturday.
28 March, 2015 by The TZ Newswire Staff Comments Off on Diplomats, UN staff flee Yemen as Houthis target Aden
Diplomats, UN staff flee Yemen as Houthis target Aden
Saudi Arabia’s navy evacuated dozens of diplomats from Yemen on Saturday and the United Nations pulled out staff after a third night of air strikes.
28 March, 2015 by The TZ Newswire Staff Comments Off on Americans Supported and Inspired the Nazis
Americans Supported and Inspired the Nazis
Preface: I am a patriotic American who loves my country. I was born here, and lived here my entire life.
So why do I frequently point out America’s warts? Because – as the Founding Fathers and Supreme Court judges have explained – we can only make America better if we honestly examine her shortcomings. After all:
“Dissent is the highest form of patriotism.”
28 March, 2015 by The TZ Newswire Staff Comments Off on ChemChina chairman says hopes to re-list Pirelli in Italy
ChemChina chairman says hopes to re-list Pirelli in Italy
The chairman of China National Chemical Corp (ChemChina) said on Sunday he hopes to re-list Italy’s Pirelli (PECI.MI) on the Italian stock exchange after his firm agreed earlier this month to acquire the world’s fifth-largest tire maker. Ren Jianxin also warned that a counterbid for Pirelli would hurt the Italian firm’s investors and long-term strategy. ChemChina has agreed to become majority owner of Pirelli as part of a multi-layered 7.3 billion euro ($8 billion) deal, putting one of Italy’s storied manufacturing names in Chinese hands.
28 March, 2015 by The TZ Newswire Staff Comments Off on PBoC Governor calls for vigilance on deflation
PBoC Governor calls for vigilance on deflation
China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation.