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U.S. Fed to maintain ultra-loose policy as economic recovery far from complete--China Economic Net - Vimarsana News

U.S. Fed to maintain ultra-loose policy as economic recovery far from complete--China Economic Net

--Economists at Wells Fargo Securities believed that the U.S. labor market would need to "strengthen significantly" before the Fed starts to publicly contemplate a tapering of asset purchases.   The U.S. Federal Reserve is expected to maintain its ultra-loose monetary policy as the economic recovery remains far from complete, analysts said.   "We expect the Fed to maintain its policy rate between a range of zero and 0.25%, with no changes to the central bank's forward guidance with respect to asset purchases," following a two-day policy meeting that will end on Wednesday, said Joseph Brusue...

Source: en.ce.cn
Washington's moral failure in global vaccine rollout--China Economic Net - Vimarsana News

Washington's moral failure in global vaccine rollout--China Economic Net

--Washington has actually become a major disrupter in the global supply chain of vaccines and fueled what World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus called a "shocking imbalance" in the distribution of coronavirus vaccines between rich and poor countries.   Grave diggers in Iran are working around the clock, and chimneys of crematoriums in India have started melting. The two countries are combating a surge in COVID-19 cases and deaths with vaccines urgently needed.   One common factor for the noticeable vaccine shortage in many countries is the enormous hurdle set by W...

Source: en.ce.cn
UN General Assembly president calls for aid to India in fight against COVID-19--China Economic Net - Vimarsana News

UN General Assembly president calls for aid to India in fight against COVID-19--China Economic Net

--Now it is time for the world to extend aid and support to India. No one is safe until everyone is safe, said UN General Assembly President Volkan Bozkir.   The president of the 75th session of the UN General Assembly, Volkan Bozkir, on Tuesday called for international aid to India in its fight against the COVID-19 pandemic, said his spokesman.   Bozkir was worried about the COVID-19 situation in India, a country that has done so much to ensure the distribution of vaccines to vulnerable countries, said Brenden Varma, the spokesman.   Now it is time for the world to extend aid and support ...

Source: en.ce.cn
CPEC connectivity projects worth billions rupees being carried out in Balochistan--China Economic Net - Vimarsana News

CPEC connectivity projects worth billions rupees being carried out in Balochistan--China Economic Net

  ISLAMABAD, Apr. 29 (Gwadar Pro) - China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt General Asim Saleem Bajwa (retd) said on Tuesday afternoon that connectivity projects worth billions of rupees were being carried out in the underdeveloped Balochistan province under CPEC.   Bajwa said the development of roads in South Balochistan was a key priority of the government to improve connectivity of Gwadar with the Northern region.   He said the 146 kilometers Hoshab-Awaran project was an integral part of CPEC Central Alignment which connects Gwadar Port with Sindh.   "The project ...

Source: en.ce.cn
Clusters of technical institutes to be established in SEZs: CPEC Authority chief--China Economic Net - Vimarsana News

Clusters of technical institutes to be established in SEZs: CPEC Authority chief--China Economic Net

Last Updated: 2021-04-25 15:30 | Gwadar Pro

Source: en.ce.cn