LONDON http://www.bostonbruinsteamstore.com/adidas-anders-bjork-jersey , Nov. 7 (Xinhua) -- British central bank, the Bank of England, announced Thursday that it would keep its benchmark interest rate unchanged at a record low of 0.5 percent.
The bank's Monetary Policy Committee (MPC) voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5 percent, and also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at 375 billion pounds (601 billion U.S. dollars).
The British central bank said in early August that it would keep the benchmark interest rate at the record low level, which was started since March 2009 http://www.bostonbruinsteamstore.com/adidas-adam-oates-jersey , until British unemployment drops to 7 percent or below, which is forecast to last until late 2016.
The last official unemployment figures showed the jobless rate had dropped to 7.7 percent in the June-to-August period.
The economy grew by 0.8 percent in the third quarter of the year, and recent economic surveys have indicated that growth remained strong in October.
British PM claims economic success as UK economy grows
LONDON, Nov. 4 (Xinhua) -- British Prime Minister David Cameron said Monday that the UK economy was "growing well" with one million more people in work and 400,000 more businesses created over the past three years.
"The economy is growing http://www.bostonbruinsteamstore.com/ , and growing well and is forecast to grow three times faster than the German economy. Our economy is on track," Cameron told an audience of top businessmen at the Confederation of British Industry's (CBI) annual conference held in central London.
A USS Boxer LHD travels at an offshore location in Goa in this October 29, 2006 file photo. MiG-29 aircraft are seen parked during a media preview on the flight deck of INS Vikramaditya, Indian Navy's aircraft carrier, anchored in the Arabian Sea off the coast of Mumbai http://www.bostonbruinsteamstore.com/adidas-zdeno-chara-jersey , India, in this December 3, 2015 file photo.
The United States and India have held talks about conducting joint naval patrols that a U.S. defense official said could include the South China Sea, a move that would likely anger Beijing.
India and the United States have ramped up military ties in recent years, holding naval exercises in the Indian Ocean that last year involved the Japanese navy.
But the Indian navy has never carried out joint patrols with another country and a naval spokesman told Reuters there was no change in the government's policy of only joining an international military effort under the United Nations flag.
He pointed to India's refusal to be part of anti-piracy missions involving dozens of countries in the Gulf of Aden and instead carrying out its own operations there since 2008.
The U.S. defense official said the two sides had discussed joint patrols http://www.bostonbruinsteamstore.com/adidas-tuukka-rask-jersey , adding that both were hopeful of launching them within the year. The patrols would likely be in the Indian Ocean where the Indian navy is a major player as well as the South China Sea, the official told Reuters in New Delhi on condition of anonymity.
The official gave no details on the scale of the proposed patrols.
There was no immediate comment from China, which is on a week-long holiday for Chinese New Year.
China accused Washington this month of seeking maritime hegemony in the name of freedom of navigation after a U.S. Navy destroyer sailed within 12 nautical miles of a disputed island in the South China Sea in late January.
The U.S. Navy conducted a similar exercise in October near one of China's artificial islands.
Neither India nor the United States has claims to the South China Sea, but both said they backed freedom of navigation and overflight in the waterway when U.S. President Barack Obama visited New Delhi in January 2015.
Obama and Indian Prime Minister Narendra Modi also agreed at the time to "identify specific areas for expanding maritime cooperation".
In December, the issue of joint patrols came up when Indian Defense Minister Manohar Parrikar visited the U.S. Pacific Command in Hawaii http://www.bostonbruinsteamstore.com/adidas-torey-krug-jersey , an Indian government source said.
"It was a broad discussion, it was about the potential for joint patrols," said the source, who declined to be identified because of the sensitivity of the matter.
India has a long-running land border dispute with China and has been careful not to antagonize its more powerful neighbor, instead focusing on building economic ties.
But it has stepped up its naval presence far beyond the Indian Ocean http://www.bostonbruinsteamstore.com/adidas-tim-schaller-jersey , deploying a ship to the South China Sea almost constantly, an Indian navy commander said, noting this wasn't the practice a few years ago.
The commander added that the largest number of Indian naval ship visits in the South China Sea region was to Vietnam, a country rapidly building military muscle.
Still, the idea of joining the United States in patrols in the region was a long shot http://www.bostonbruinsteamstore.com/adidas-terry-o_reilly-jersey , the officer added.
The Philippines has asked the United States to do joint naval patrols in the South China Sea, something a U.S. diplomat said this month was a possibility.
PHNOM PENH, March 16 (Xinhua) -- Cambodian Prime Minister Hun Sen on Wednesday inaugurated a new terminal at Phnom Penh international airport, which was built to deal with the vigorous growth of passengers.
""We are really proud to see the steady growth of foreign tourists to Cambodia. The new terminal will contribute to facilitating their travels to Cambodia,"" he said in a speech during the inauguration ceremony.
""The inauguration ceremony today is a message to foreign tourists that please http://www.bostonbruinsteamstore.com/adidas-sean-kuraly-jersey , come to visit Cambodia because we have also had modern international airports,"" he said.
The prime minister said that the Southeast Asian nation welcomed 4.78 million foreign visitors last year, up 6.1 percent year-on-year.
Meanwhile, he praised the capital's airport for its capacity to accommodate large aircrafts, particularly the planes of world leaders http://www.bostonbruinsteamstore.com/adidas-ryan-spooner-jersey , .
1 post • Page 1 of 1
Who is online
Users browsing this forum: No registered users and 2 guests