Wednesday, June 19th, 2013    

Xi, Putin seek to implement cooperation on high level

June 16, 2013 at 6:20 AM by · Leave a Comment  

President Xi Jinping and his Russian counterpart Vladimir Putin are advancing their diplomatic ties to a higher level. According to Chinese media the two leaders discussed the situation on the Korean Peninsula in a telephone conversation Saturday. The two sides are actively implementing agreements reached at the leaders’ summit in Moscow in March, Xi said. Russia and China agreed to coope... 

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China, Taiwan leaders meet in effort to improve relations

June 14, 2013 at 7:12 AM by · Leave a Comment  

Chinese President Xi Jinping met with a senior Taiwanese official in Beijing on improving diplomatic ties between the two. Xi met with Wu Poh-hsiung, honorary chairman of the Kuomintang (KMT) Party, which governs Taiwan, on the second day of a three-day visit by a high-level delegation, news agency Xinhua said. Although Taiwan has been governed separately from mainland China since a civil war e... 

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India wholesale inflation rose 4.7 percent in May amid fall continued fall in rupee

June 14, 2013 at 6:58 AM by · Leave a Comment  

India’s inflation in May stayed below the central bank’s target level, although it still leaves policymakers little room to slash interest rates since a weak rupee presents a risk to raise prices. In a statement by the Commerce Ministry in New Delhi on Friday, wholesale-price index climbed 4.7 per cent from the previous year, after moving up 4.89 per cent in April. A survey of analysts... 

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Euro zone employment rate fell 0.5 percent in Q1, threatening economic recovery

Euro zone employment rate fell 0.5 percent in Q1, threatening economic recovery

June 14, 2013 at 6:33 AM by · Leave a Comment  

The euro zone employment rate in the first three months of the year was lower compared with the previous quarter, according to the report by the European Union’s statistical bureau Eurostat released on Friday. Recent economic data indicate that the long recession in the euro zone may be ending soon. Low employment levels, however, could limit consumer demand that will put the brakes on any... 

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PUC Posts Impact Fee Disbursements for 2012

June 14, 2013 at 6:00 AM by · Leave a Comment  

HARRISBURG – The Pennsylvania Public Utility Commission (PUC) has published to its Web site the disbursements to county and municipal governments under Act 13/Impact Fee. “The more than $202.4 million collected this year brings the two-year total for Impact Fees collected to more than $406.6 million,” said PUC Chairman Robert F. Powelson. “The PUC is entrusted by the Governor and the legislature... 

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Nicaragua’s Congress grants concession to Chinese firm to build Pacific-Atlantic canal

June 14, 2013 at 3:01 AM by · Leave a Comment  

Nicaraguan lawmakers has given the green light to a project that would build a canal that will connect the Pacific Ocean with the Atlantic. A Nicaraguan congressional committee has agreed to give the concession to build and operate a canal to a China-based consortium, fast-tracking the ambitious development project despite the political opposition’s strong objections. A company based in Hon... 

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Brazil’s retail sales growth slowed in April as inflation saps demand

June 13, 2013 at 12:22 PM by · Leave a Comment  

Brazil’s retail sales rose in April at less than half the rate analysts had predicted as purchasing power is reduced by inflation, making it difficult to implement the government measures aimed to spur growth. The Brazilian Institute of Geography and Statistics (IBGE) said Thursday that seasonally adjusted retail sales climbed 0.5 percent in April from March and 1.6 percent from the previous... 

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CRC Receives National Main Street Accreditation

CRC Receives National Main Street Accreditation

June 13, 2013 at 11:30 AM by · Leave a Comment  

Pictured, in the bottom row, are: Kellie Swales, Joe Kelly, Rob Bozovich, Katie Penoyer and Eric Cummings. In the middle row are Keely Casteel, Leslie Stott and Darla Smay. In the top row are Lisa Kovalick, Katie Miknis and Chris Renaud. Missing from photo are Bill Wood and Jim Schell. (Provided photo) CLEARFIELD – The Clearfield Revitalization Corp., (CRC) has been designated as an accredited National... 

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Australia’s unemployment rate falls to 5.5 percent in May

June 13, 2013 at 8:36 AM by · Leave a Comment  

Australia’s jobless rate surprisingly declined as Victoria state added more manufacturing jobs, the latest sign that the economy is slowly moving away from its reliance on the resources industry as the mining boom slows. Australia’s statistics bureau reported in Sydney that the number of people employed climbed by 1,100, from April’s upwardly revised figure of 45,000. The rise in... 

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EU files new complaint at WTO over Chinese tariffs on stainless steel pipes

June 13, 2013 at 8:32 AM by · Leave a Comment  

The European Union took its trade disputes with China to another level by filing a complaint at the World Trade Organization (WTO) over Chinese tariffs. The EU is looking for a WTO ruling over punitive import tariffs by China punitive import tariffs imposed on EU stainless steel pipes, according to EU Industry Commissioner Antonio Tajani in a radio interview on Thursday. No further details were pro... 

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