Trump approves Iran attack plan but has not made final decision, US media
says
-
US president says "nobody knows what I'm going to do" as he weighs strike
on Iran.
2 minutes ago
Posts
Wednesday, September 28, 2011
Subscribe to:
Post Comments (Atom)
Seed Newsvine
.jpg)
Policymakers in China, the world’s third largest economy behind the U.S. and EU, face their own set of tough choices. Rapid growth rate has fueled inflation that is running at a double-digit rate, according to analysts -- much higher than official targets. To contain inflation, Beijing has raised interest rates five times and lifted banks' reserve requirements nine times since October. If it clamps down too hard, though, a deeper economic slowdown could reverse China's efforts to lift hundreds of millions of people out of poverty.
ReplyDeleteChina is also coping with a banking hangover of its own, after years of massive government lending for expansion of state-owned enterprises an infrastructure upgrades.