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Author: Subject: Policymakers

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Registered: 30-12-2017
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[*] posted on 7-6-2018 at 02:28

NEW DELHI Femme Air Force One Haute Rouge Soldes , April 13 (Xinhua) -- Ten Indians held hostage by Somali pirates after hijacking of a cargo ship have been rescued, officials said Thursday.

"I am happy to inform that 10 Indian nationals working as crew on MV AL Kausar which was hijacked by pirates have been rescued," India's foreign minister Sushma Swaraj wrote on twitter.

Swaraj thanked the government of Somalia for their efforts to rescue the Indian nationals.

"We thank federal government of Somalia, Galmudug state authorities and people of Somalia for their help and cooperation," she said.

The Indian crew members were rescued by Somali troops on Wednesday near the coastal town of Hobyo.

The crew members on board the Indian cargo ship were hijacked on April 1 while on its way to Bosaso from Dubai.

Following the hijacking, the captain of the ship had informed owners as well as authorities in Dubai about the incident.

Only ten crew members were taken captive Homme Air Force One Deconstruct PRM Grise Soldes , not 11 as initially reported.

Pirates often attack cargo ships in international waters in absence of patrolling.

WASHINGTON, May 14 (Xinhua) -- Following is the result of National Basketball Association Eastern Conference semi-final playoff match here Friday:

Miami 103 Toronto 91

(Series tied 3-3)

Potential homebuyers examine a property project model in Hangzhou, capital of Zhejiang province, Aug 31, 2014.[PhotoXinhua]

China's home-price decline continued to ease in December, as fewer cities saw falling prices, the National Bureau of Statistics said.

Prices of new homes dropped from the previous month in 65 of the 70 cities that the bureau tracks Air Force One Mid 07 Noir Soldes , according to its statement on Sunday. That compares with declines in 67 cities in November.

New home prices rose 1.2 percent in December in Shenzhen, the only city among the 70 that saw a month-on-month price increase. It is the first time in four months that an NBS-tracked city saw an increase.

"The statistics show the recovery track has been finalized. The month-on-month decline rate continues to fall," said Yan Yuejin, an analyst with E-house China R&D Institute.

"Behind this is the accelerated inventory reduction that has cut developers' incentive to boost sales with lower prices. Some even began to raise their prices."

Housing sales have been rebounding in major cities since October, after the central bank eased mortgage restrictions on Sept 30 and cut interest rate on Nov 21.

Price changes in first-tier cities' pre-owned houses told more of the latest market sentiment. In December, prices of pre-owned homes in all four first-tier cities-Beijing Homme Air Force One Haute Grise Orange Soldes , Shanghai, Guangzhou and Shenzhen-rose over the previous month. The price increase in Shenzhen was the most, at 0.7 percent.

"If a developer plans a price increase, it has to consider various factors, including peer competition and annual sale target-all made it wary about doing so. By comparison, a landlord of an old home has fewer constraints. Landlords respond faster to market sentiment Air Force One Flyknit Basse Blanche Soldes , which translates into earlier price increases in old homes than in new ones," Yan said, explaining the Shenzhen price spike.

Barclays Plc said that if the momentum is maintained, nationwide home sales may see the first year-on-year increase in 12 months in January, signaling the bottom of the market.

Home sales in December rallied from a high in November. Home sales in 30 major cities tracked by E-house in December rose 19.5 percent over November and 26.7 percent higher from a year earlier. Based on this rate of sales, it would take an average 14.3 months to sell off developers' inventories Air Force One Flyknit Basse Noir Soldes , a number that has been dwindling since October.

The momentum eased a bit in January, however. China Index Academy, another private research institution, said housing sales between Jan 5 and 11 declined 5.3 percent over the previous week in terms of floor space. However, that still represented a 30.4 percent year-on-year increase in first-tier cities and a 25.9 percent one-year increase in third-tier cities.

Yan said weaker sales do not equal a weaker market sentiment, as the one-month drop was due to a high comparison base and lower new home supply. A survey of potential buyers showed sentiment is at a record high.

Global coordination is becoming more and more important as the world's economy undergoes changes Homme Air Force One Flyknit Basse Grise Soldes , especially with regard to the latest increase in US interest rates earlier this month, China's Vice Finance Minister Zhu Guangyao said ahead of the G20 summit.

As the global economy stabilizes, major countries need to normalize their interest rates, although, at present, this is happening at a very slow pace Air Force One SF Desert Ochre Boots Soldes , Zhu told reporters in Beijing on Thursday.

"We need to closely monitor how the normalization of interest rates in major economies will impact global capital markets," said Zhu.

The US Federal Reserve has raised interest rates for the fourth time as part of a normalization of monetary policy that began in December 2015.

Zhu said the new global macroeconomic environment makes it even more important for global coordination through channels like the G20, which will convene in Hamburg in July.

Earlier this week, the Bank for International Settlements (BIS), an umbrella body for leading central banks, said in one of its most upbeat annual reports for years that major central banks should press ahead with interest rate increases.

Policymakers should take advantage of the improving economic outlook and its surprisingly negligible impact on inflation to accelerate the "great unwinding" of quantitative easing programs and record low interest rates Homme Air Force One Basse 07 LE Bordeaux Soldes , the BIS said.

With a growing capacity to better manage potential shocks to its economy, China remained calm in face of the Fed's latest interest rate hikes on June 14.

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