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ZHURIHE Adidas Ultra Boost Uncaged Espaņa , Inner Mongolia, July 30 (Xinhua) -- President Xi Jinping said Sunday China needs a strong army more than ever, urging the building of the People's Liberation Army (PLA) into a world-class military force.


Speaking shortly after a grand military parade at the Zhurihe training base in north China's Inner Mongolia Autonomous Region to mark the PLA's 90th anniversary, Xi said enjoying peace is a bliss for the people while protecting peace is the responsibility of the people's army.


?"The world is not all at peace, and peace must be safeguarded," said Xi Adidas Ultra Boost ATR Mid Espaņa , also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission.


"Today, we are closer to the goal of the great rejuvenation of the Chinese nation than any other time in history, and we need to build a strong people's military more than any other time in history," Xi said.


He urged the PLA to fully implement the CPC's thoughts on building a strong military, follow the path of strengthening the army with Chinese characteristics, strive for the CPC's target on strengthening the PLA under the new circumstances Adidas Ultra Boost Clima Espaņa , and build the heroic PLA into a world-class military.



U.S. Secretary of Treasury Steven Mnuchin testifies at a hearing before the House Financial Services Committee on Capitol Hill in Washington D.C., the United States, on July 27, 2017. U.S. Secretary of Treasury Steven Mnuchin said on Thursday that housing finance reform remains a priority for the Trump administration. (XinhuaTing Shen)

WASHINGTON, July 27 (Xinhua) -- U.S. Secretary of Treasury Steven Mnuchin said on Thursday that housing finance reform remains a priority for the Trump administration.


"The current system -- in which the GSEs (government-sponsored enterprises) remain in perpetual Federal Housing Finance Agency (FHFA) conservatorship - is not sustainable and leaves taxpayers at risk," Mnuchin said at a hearing before the House Financial Services Committee.


"Our housing finance policy should be clear and should be designed to provide financing for homeowners and owners of multi-family units. Additionally Adidas Ultra Boost Laceless Espaņa , such policy should increase private sector participation and protect taxpayers," he said.


U.S. mortgage finance firms Fannie Mae and Freddie Mac were put under conservatorship by the U.S. government after suffering heavy losses from the collapse of the subprime mortgage market in 2008. The U.S. Treasury pumped about 187.5 billion U.S. dollars into the two companies to keep them afloat.


The two mortgage giants own or guarantee about half of all mortgages in the United States. Along with other federal agencies, they backed nearly 90 percent of new mortgages over the past several years.


"Today, the federal government's role in housing finance is even greater than it was before the crisis. The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market," Federal Reserve Governor Jerome Powell said earlier this month, warning the current housing finance system leaves the United States "both potential taxpayer liability and systemic risk."


"The most obvious and direct step forward would be to require ample amounts of private capital to support house finance activities Adidas Ultra Boost 2.0 Espaņa , as we do in the banking system," he said.


While it's agreed that the status quo, a government-dominated mortgage market with insufficient private capital, is unsustainable, Republicans and Democrats can't reach a deal on the specific role for government in the new house finance system.


"If there's any guarantees from the government going forward, they should be explicit and paid for and done so in a way that doesn't put taxpayers at risk Adidas Ultra Boost 3.0 Espaņa ," Mnuchin told lawmakers.


"We're determined to find a solution, because this is a huge part of the economy, and leaving them (Fannie Mae and Freddie Mac) in conservatorship for the next four years makes no sense," he said.


GABORONE, Dec. 11 (Xinhua) -- Bank of Botswana Wednesday said Moody's Investors Service reaffirmed Botswana's "A2" credit rating for both foreign and domestic bonds as well as the stable economic outlook.


Moody's Investors Service is a leading provider of credit ratings, research Adidas Ultra Boost 4.0 Hombre Espaņa , and risk analysis. The firm's ratings and analysis track debt covering more than 115 countries, 11,000 corporate issuers, 21,000 public finance issuers, and 76 www.ultraboost4espana.com ,000 structured finance obligations.


The statement said the "A2" rating was based on assessment of Botswana's relatively strong balance sheet, net external creditor position and low public debt against potential challenges associated with the middle income status and a relatively small economy.


In making the assessment, Moody's emphasized the country's sound policy framework, effectiveness of government and a track record of prudent fiscal policies, which result in strengthening of government's net financial position. Because of effective fiscal consolidation in the aftermath of the global financial crisis, Botswana's debt remained low while fiscal surpluses are expected to continue.


The assessment further noted in 2014 Comprar Adidas Ultra Boost 4.0 Espaņa , consumer price inflation remained within the Bank of Botswana's medium-term objective range of 3 to 6 percent, while the crawling band exchange rate policy continued to support monetary stability and economic diversification. However, Moody's highlighted Botswana's dependence on diamonds and the relatively slow pace of economic diversification as key weaknesses over the long term.


As in previous years, Moody's noted given Botswana's healthy financial position and stable political and financial environment, risks that could put renewed pressure on the country's rating are considered low.


Over the years, Botswana has consistently scored favorable ratings from world ratings agencies both on econom. Cheap Team Canada Jerseys Cheap Lions Jerseys Cheap Browns Jerseys Cheap Jaguars Jerseys Cheap Atlanta Falcons Jerseys Wholesale Cowboys Jerseys Wholesale Colts Jerseys Wholesale Kansas City Chiefs Jerseys Wholesale Arizona Cardinals Jerseys Wholesale Denver Broncos Jerseys
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