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BerichtGeplaatst: 25-08-2018 07:45:28    Onderwerp: comparison to the determination Reageren met citaat
WASHINGTON Cheap Parley x adidas Ultra Boost Legend Ink Shoes Black , Feb. 11 (Xinhua) -- In her first testimony to the Congress, U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.


The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.


Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy, saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.


Yellen, 67, took the oath of office to lead the Federal Reserve System on Feb. 3 Cheap Men's Adidas AlphaBounce Beyond Shoes All Black , succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.


In the public debut in her new role, Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.


Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.


"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective Cheap Men's Adidas NMD Racer Shoes Core Black White , the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.


While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.


The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January, citing strengthening economy and continued improvement in the labor market.


The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion dollars a month Cheap Women's Adidas NMD R1 W PK Shock Pink Shoes , at a similar pace at each Fed meeting and end it by the end of 2014, provided the economy develops generally in line with expectations.


Yellen also highlighted the Fed's financial regulatory role, saying that the work of making the financial system more robust " has not yet been completed."

"

By Xinhua Writers Bai Xu, Teng Junwei, Cheng Lu and Zhu Qing


WEIHAI, Shandong Province, July 25 (Xinhua) -- One hundred and twenty years ago Cheap Men's Adidas NMD CS2 Triple Black , China's sailors set forth from the port of Weihai in east China's Shandong Province to take on the invading Japanese fleet, only to be completely defeated in about six months. The remains of many a once mighty ship lie in the depth of the sea even today.


As anniversary of the First Sino-Japanese War approaches, Xinhua reporters took to the waves aboard a coastguard vessel to visit the relics of battle.


TRACING THE WAR


The war which started in 1894 is commonly known in China as the Jiawu War. China's traditional calendar follows a sixty-year cycle and sixtieth anniversaries are considered very important. Both 1894 and 2014 are jiawu years: the year of the wood horse.


On July 25, 1894, the Japanese fleet attacked two Chinese vessels off the Korean port of Asan. At the time, Korea was a tributary of Qing Empire (1644-1911). By March 1895, the Chinese land army and navy were routed; the first time China had lost to Japan in a military conflict.


The Shimonoseki Treaty Cheap Men's Adidas NMD R1 STLT Primeknit Core Black , signed to conclude the war, ceded the Liaodong Peninsula in northeast China, Taiwan and its annex the nearby Penghu Islands, to Japan. China also paid Japan 200 million taels of silver (5.2 billion U.S. dollars today).


On Liugong Island, the base of China's Beiyang Fleet, the dock is still there, 120 years later Cheap Men's Adidas NMD XR1 Primeknit Triple Black , with about 300 meters of railway tracks once used to carry coal and cannonballs to the cruisers. There are ruins of six gun emplacements, one facing Ri Island, two kilometers away.


Ri is a little larger than a football field, but the Chinese defended it from the Japanese for 11 days. The emplacement, two storeys tall, remains mostly intact along with tunnels and an ammunition depot.


FROM MEMORIES TO LEGEND


Qi Junjie, 65 Cheap Adidas NMD XR1 Olive Shoes Army Green , former curator of the Jiawu War Museum, has spent nearly 30 years piecing together the events of the war.


""The Qing government was very corrupt,"" he said. ""They spent a fortune on a spectacular birthday celebration for the Empress Dowager Cixi, but only added one new cruiser to the fleet in six years.""


When the coal for battleships was running out, Chief Commander Ding Ruchang wrote several letters, begging or threatening, to ask for more.


""What he got finally was just cinders because the high-quality coal was sold by greedy officials for profit Cheap Adidas Yeezy Boost 350 V2 Shoes Core Black ,"" Qi said. This was in stark comparison to the determination and courage shown by the officers in battle.


Deng Shichang was captain of cruiser Zhiyuan at the Yellow Sea Battle in September 1894. When the ammunition was used up, he ordered a seemingly suicidal attempt to ram a Japanese battleship.


""Unfortunately, a torpedo hit Zhiyuan and Deng fell into the sea,"" Qi said. ""He decided to go down with his ship and refused to be rescued. When his dog seized him by his robe, he still plunged into the water. The dog died with him.""


The last battle was fought in Weihai Bay, where Japanese ground forces worked together with the battleships to besiege. Cheap Hornets Jerseys Cheap Hawks Jerseys Cheap Grizzlies Jerseys Wholesale Clippers Jerseys Wholesale Celtics Jerseys Wholesale Cavaliers Jerseys Wholesale Bulls Jerseys Wholesale Bucks Jerseys Wholesale Oklahoma City Thunder Jerseys Wholesale Washington Wizards Jerseys
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