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  • America's deficit problem is more than fiscal: U.S. economist

    WASHINGTON, Jan. 25 (Xinhua)-- The Unites States needs to address its budget deficit, but measures to be taken should not bring counterproductive effects as the nation also face jobs and growth deficits, said a renowned U.S. economist and President O...

  • IMF remarks on eurozone no hurdle for oil price recovery

    DUBAI, Jan. 24 (Xinhua) -- The price of the oil hit multi-week highs across the globe Thursday as encouraging China manufacturing data and U.S. labor market news mitigated the IMF chief's forecast that the eurozone would remain in recession in 2013....

  • Italy's MPS scandal widens among anger and reassurances

    MILAN, Italy, Jan. 25 (Xinhua) -- Italy's caretaker prime minister Mario Monti on Friday pledged to clear up a derivatives scandal at the country's third-largest bank Monte dei Paschi di Siena (MPS) which has been dragged into the heart of an elector...

  • China deploys 70,000 railway police for travel rush

    BEIJING, Jan. 26 (Xinhua) -- More than 70,000 police were deployed to train stations across China to manage orders and ensure travelers' safety on Saturday, when the nation begins the biggest annual migration on earth. They will carry out all-day pat...

  • Chinese transport strengthened for holiday travel boom

    BEIJING, Jan. 26 (Xinhua) -- Chinese authorities have added extra travel contingencies to ensure the smooth kick-off on Saturday of the world's largest annual migration. With 3.41 billion trips expected to be made over the next 40 days' peak travel s...

  • Successful flight for China's first jumbo airfreighter

    BEIJING, Jan. 26 (Xinhua) -- China on Saturday conducted a successful test flight of its first domestically made jumbo airfreighter. The Yun-20, or Transport-20, is a huge, multi-function airfreighter which can perform various long-distance air trans...

  • China to expand rural medical insurance coverage

    BEIJING, Jan. 25 (Xinhua) -- China will include more serious diseases in its existing rural medical insurance system in 2013, the Ministry of Health said in an annual work agenda published on Friday. According to the agenda, pilot programs will be la...

  • China to expand food contaminant monitoring

    BEIJING, Jan. 25 (Xinhua) -- China has set a goal of equipping at least half of the country's county-level administrative regions to monitor various contaminants and harmful ingredients in food by the end of 2013. A new work plan, released on Friday...

  • China, U.S. unveil report on trade data discrepancy

    BEIJING, Jan. 25 (Xinhua) -- The commerce authorities of China and the United States on Friday unveiled a report on a statistical discrepancy in merchandise trade, saying the discrepancy's share in bilateral trade is dropping. The report was based on...

  • China marks 100th birth anniversary of late diplomat

    BEIJING, Jan. 25 (Xinhua) -- The 100th birth anniversary of former Vice Premier and Foreign Minister Huang Hua was marked Friday in Beijing. A veteran diplomat, Huang led negotiations with the United States on the establishment of diplomatic relation...

  • Antunez retires as Robles' coach

    HAVANA, Jan. 18 (Xinhua) -- Dayron Robles' trainer Santiago Antunez has announced his retirement as coach but will remain as a supervisor of national hurdlers, the official daily Granma said on Friday. Antunez, named as the best coach in the world in...

  • Neymar: I want to play under Guardiola

    SAO PAULO, Jan. 18 (Xinhua) -- Brazilian football starlet Neymar expressed Friday a desire to one day play under recently appointed Bayern Munich coach Pep Guardiola. Neymar has been heavily linked to Guardiola's former club Barcelona but the 20-year...

  • London Olympics boost UK's image: study

    LONDON, Jan. 17 (Xinhua) -- A study released by VisitBritain on Thursday suggested that image of the UK was greatly boosted by the hosting of the London 2012 Games. According to result of the study, global perceptions of welcome, Britain's overall na...

  • Ghana rises to 26th spot on FIFA world rankings

    ACCRA, Jan. 17 (Xinhua) -- Ghana moved four places up to rank 26th on the January edition of the overall FIFA world rankings, the Ghana Football Association (GFA) announced here Thursday. Ghana jumped from the 30th position on December's rankings to...

  • Armstrong stripped off Olympic bronze medal

    NEW YORK, Jan. 17 (Xinhua) -- American cyclist Lance Armstrong was stripped of a bronze medal he won at the 2000 Olympic Games by the International Olympic Committee (IOC) on Thursday, hours before the airing of his interview with Oprah Winfrey in a...

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