Though China said its strong economic fundamentals provided “strong support” for the yuan, sources told Reuters that some within the government were pushing for the yuan to go even lower.
Some are embracing the new regulations as a chance for Kentucky to improve public health and the environment by moving away from coal and the pollution it causes during mining and burning.
He said the statements alleviated concerns of a currency war. On Thursday, the central bank tried to ease fears of more big declines, saying the yuan was close to “market levels”. Shares sank Wednesday, August 12, 2015, as China let its currency fall for a second day...
The PBOC also said on Thursday that it would monitor “abnormal” cross-border flows after the devaluation raised fears that investors would seek to pull capital out of China in anticipation of further falls in the currency.
The Chinese exchange rate for the yuan fell over 1% overnight even as Peoples’ Bank of China (PBOC) officials tried to stem the decline with verbal and monetary support.
Earlier this week, Democratic presidential candidate Hillary Clinton unveiled an initiative that aims to combat the rising costs of college tuition and that would also give billions of dollars in funding to HBCUs.
Greek Prime Minister Alexis Tsipras’s Syriza party looked set to split after the leader of its far-left faction called for a new movement to fight a bailout deal that lawmakers will vote on later on Thursday.
If there were life on the planet, however, they would witness a sky much like the one shown on the planet Tatooine in the Star Wars film franchise with two blazing suns which orbit each other every 27 days. Kepler-453b is the tenth example of a planet orbiting a binary star...
This means the country would not get its debt pile down to 120pc of GDP – long viewed by the global Monetary Fund (IMF) as the target to get Athens back to a sustainable debt level – until 2030, two decades after the country’s first bail-out.