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 Post subject: The U.S. and Cuba have agreed
PostPosted: Tue Sep 04, 2018 2:18 pm 

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MANILA, Dec. 17 (Xinhua) -- Declining global oil prices provide a golden opportunity for Asia, which saw its economic growth slowed down in the second half of the year, Asian Development Bank (ADB) forecast in its report released on Wednesday.

ADB Chief Economist Wei ShangJin said Cheap Cowboys T-Shirts , "declining oil prices may mean an upside surprise in 2015 as most economies are oil importers," citing Indonesia and India as examples.

On the other hand," Wei said, "oil exporters can seize the opportunity to develop their manufacturing sectors as low commodity prices tend to make their real exchange rates more competitive."

In a supplement to its Asian Development Outlook 2014 Update, ADB forecasts gross domestic product (GDP) growth for the region of 6.1 percent this year Cheap Cowboys Hoodie , down from 6.2 percent expected in September, and 6.2 percent in 2015, down from 6.4 percent.

Developing Asia, comprising the 45 ADB developing members, grew 6.1 percent in 2013. Growth projections for Central Asia Customized Cowboys Jerseys , East Asia, and Southeast Asia are revised downward. There is no change for South Asia. The Pacific region's growth outlook is adjusted upward.

With oil and commodity prices falling, most developing Asian economies have revised their inflation forecasts downward. The forecast for the region is lowered to 3.2 percent in 2014 and 3.5 percent in 2015, from the updates 3.4 percent and 3.7 percent.

HAVANA, July 15 (Xinhua) -- Cuba has successfully reversed its economic slowdown that has haunted the island country over the past few years Cheap Cowboys Jerseys ,the country's top leader Raul Castro said Wednesday.

Speaking at the closing of a legislative session, Castro said gross domestic product (GDP) grew by 4.7 percent by the end of June, and was expected to "remain around this figure at the close of this year," state daily Granma reported.

"This is very good, considering that last year we grew by 1 percent only Randy Gregory Cowboys Jersey ," he noted.

Despite severe external financial constraints such as the U.S. trade embargo, Cuba has continued its "systematic payments to foreign creditors and suppliers, promoting its international credibility," Castro told legislators.

The U.S. and Cuba have agreed to restore diplomatic ties and will reopen their respective embassies on Monday, yet with the decades-old U.S. embargo still in force.

The trade embargo is one of Cuba's main concerns as it's been struggling to implement reforms and modernize its aging socialist economic syst. Cheap Jerseys Cheap Authentic Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys China Free Shipping Wholesale Jerseys Wholesale Jerseys Online Cheap Soccer Jerseys Online Cheap Authentic Sports Jerseys Cheap Jerseys China Online

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