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On southwestern fringe, China’s Silk Road ambitions face obstacles
June 5, 2016 by publisher · Leave a Comment
By Brenda Goh and Simon Webb KUNMING, China/VIENTIANE (Reuters) – For the southwestern city of Kunming, China's plan to extend a high-speed rail link 3,000 km (1,875 miles) south to Singapore is already a boon: pristine expressways, a gleaming station and something of a real estate …
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On southwestern fringe, China’s Silk Road ambitions face obstacles
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Fed’s Mester says gradual rate hikes still appropriate after jobs report
June 5, 2016 by creative · Leave a Comment
The latest disappointing U.S. jobs number has not changed the overall economic picture and gradual rate hikes remain appropriate, Cleveland Federal Reserve President Loretta Mester said on Saturday. The Fed raised rates in December for the first time in nearly a decade. “I still believe that in order to achieve our monetary policy goals, a gradual upward pace
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Fed’s Mester says gradual rate hikes still appropriate after jobs report