notícias bbs artigos grupos / produções sobre

ith Uganda and

tujue, há 1 semana

BRUSSELS, July 29 (Xinhua) -- Growth in the 19-country eurozone faced headwinds in the second quarter and the slowdown, although in line with expectations, raised concerns about possible weakened growth momentum in the coming months, particularly at a time when uncertainty has been unleashed by Britain's historic vote to leave the European Union (EU).

The gross domestic product (GDP) in the single currency bloc increased only 0.3 percent quarter-on-quarter, down from 0.6 percent in the first three months of the year, according to a preliminary estimate published by Eurostat, the bloc's statistical office, on Friday.

The reading came as France, the second largest economy in the eurozone, unexpectedly saw no growth after expanding by 0.7 percent in the first quarter, which experts said was possibly due to a decline in inventories as well as the strike action over the government's proposed labor reforms.

Economists argued that the impressive growth in the first quarter proved to be another false dawn for the currency bloc, and the roller-coaster ride in the second quarter implied the fundamental factors would support further slowdown in the coming quarters this year.

Without a doubt, a major concern emerged after Britain voted to leave the EU on June 23, which was foreseen to have a bearing on growth of both the eurozone and Britain as it unleashed great uncertainty to ties between Brussels and London and could slow trade flows as well as hit confidence.

Brussels already nudged down the economic outlook earlier this month. Following the first assessment on Britain's vote, the European Commission, the bloc's executive body, downgraded the economic growth in the eurozone to between 1.5 and 1.6 percent for this year, down from the previously estimated 1.7 percent in May.

Explaining that Britain's "leave" vote was expected to slow private consumption and investment and impact on foreign trade, the Commission predicted a loss of 0.25 to 0.5 percent of GDP for the bloc by 2017. London was about to be hit heavier, with an estimated loss of 1.0 to 2.75 percent.

In a separate report, Eurostat data showed that inflation, a core figure closely followed by the bloc's central bank, was estimated to stand at 0.2 percent in July, up from the 0.1 percent in the previous month, primarily driven by food, alcohol, and tobacco prices.

Economists commented that inflation remained "uncomfortably low." But some voiced cautious optimism with saying the drag from energy prices should ease over the rest of the year, pushing up the headline rate of inflation.

"Core inflation, which was unchanged at 0.9 percent in July, is likely to remain weak, " warned Jack Allen, a European economist at Capital Economics.

Other data released on Friday revealed that much work remained to be done for the bloc's labor market as the unemployment rate disappointingly stayed unchanged at 10.1 percent in June. The double-digit reading has been a worrying sign urging more policy stimulus from Brussels and member states.

"Today's set of data gives policy makers only limited comfort. The good news is that the economy still has some momentum, though there is little acceleration to be expected as long as the Brexit story continues to inject some uncertainty into the external environment," says Peter Vanden Houte at ING Bank.

Pressure continued to be piled on the European Central Bank, which already introduced a series of massive stimulus measures, struggling to push the inflation to the target of around 2.0 percent, but its toolbox was widely viewed as getting emptier.

"Monetary policy has largely reached its limits," said Danae Kyriakopoulou, managing economist of the Centre for Economics and Business Research, adding that non-monetary stimulus measures were needed.

Further flexibility, leniency, and initiative on other levers of economic policy, particularly among those economies that can afford it, will be key in ensuring a sustainable recovery for the eurozone going forward, Kyriakopoulou said.

by Ronald Ssekandi and Yuan Qing

KAMPALA Nike Air Force 1 Low Just Do It Homme Blanche Pas Cher , July 12 (Xinhua) -- Uganda is in its second phase of implementing the South to South Cooperation program aimed at boosting agricultural production in the East African country.

Alhaji Jallow, Food and Agriculture Organization (FAO) Country Representative to Uganda Nike Air Force 1 High Just Do It Homme Noir Pas Cher , told Xinhua in an interview that there is evidence that the model of farming, featuring sending Chinese experts to work and impart knowledge in the African fields Nike Air Force 1 Mid 07 Blanche Homme Pas Cher , is boosting production.

The 2-million-U.S.-dollar program is a result of a request by Uganda to China through FAO.

China through a tripartite agreement with Uganda and FAO has been sending agriculture experts to Uganda to share experiences on improving agriculture production in a bid to fight poverty.

Jallow and other experts argue that since agriculture is the mainstay of many African economies, this model of farming Nike SF Air Force 1 Homme Pas Cher , borrowing from the Chinese experience, is critical to the continent's development.

Compared with sending African officials abroad for training Nike SF Air Force 1 Femme Pas Cher , he said the Chinese practice of working in the field together with local African farmers is a better way, as farmers can always ask questions and share their experiences directly.

Since the program was started in Uganda back in 2012 Nike SF Air Force 1 Mid Pas Cher , there are indications that farmers have been adopting new farming techniques and technologies from the Chinese.

The agronomists have also introduced high-yielding crops that are fast growing and do not require a lot of acreage.

Results from the trials of the growth of Chinese hybrid rice show that it yields three or four times more than the local breed. Similarly the yield of the Chinese fox-tail millet is two times more than the local breed, finger millet Nike SF Air Force 1 Pas Cher , in the same acreage.

Also as a result of this South to South coo. Cheap Jerseys China Wholesale Authentic Jerseys Wholesale Shirts Cheap NBA T-shirts Wholesale Hoddies China Cheap Hoddies China Cheap Shirts Wholesale Cheap NCAA Shirts Cheap Soccer Hats Cheap Adidas NHL Hats