Fed's Powell says U.S. outlook 'remarkably positive'The Saigon Times Daily U.S. Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., September 26, 2018 – PHOTO: REUTERS BOSTON (REUTERS) - U.S. Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the U.S. economy that he feels is on the verge of a “historically rare” era of ultra-low unemployment and tame prices for the foreseeable future. It is a view, he said, based on how a changed economy is operating today, with businesses and households immunized by strong central bank policy from the inflationary psychology that caused unemployment, inflation and interest rates to swing wildly in the 1960s and 1970s. It is an outlook that includes an economic performance “unique in modern U.S. data,” with unemployment of below 4% expected for at least two … [Read more...] about Fed’s Powell says U.S. outlook ‘remarkably positive’
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Dreams can change the world, says Vietjet CEO
It is not technology but dreams that can change the world, said President and CEO of Vietjet Nguyen Thi Phuong Thao as she addressed attendees of the recent World Economic Forum on ASEAN 2018 in the capital. Thao, who is also Viet Nam’s first and only female billionaire recognised by Forbes, told Vietnamese startups at the forum that technology is only a tool, which originates from human dreams. “Don’t save your dreams. Dare to have big dreams and try your best every day to make them come true,” the CEO said. She also advised startups to bring the spirit of digitalisation and automation of the Fourth Industrial Revolution (Industry 4.0) into their daily lives as well as all business operation processes. According to Thao, startup businesses are not alone on the way to realise their dreams as they are incubated in Viet Nam—a startup nation and part of a larger ASEAN community that is regarded as the most dynamic and fastest-growing region in the world. … [Read more...] about Dreams can change the world, says Vietjet CEO
Chinese official says China is educating, not mistreating, Muslims
Reports of mass detentions of ethnic Uighurs and other ethnic Muslims in China’s far western region have sparked a growing international outcry, prompting the Trump administration to consider sanctions against officials and companies linked to allegations of human rights abuses. “It is not mistreatment,” said Li Xiaojun, director for publicity at the Bureau of Human Rights Affairs of the State Council Information Office. “What China is doing is to establish professional training centers, educational centers.” “If you do not say it’s the best way, maybe it’s the necessary way to deal with Islamic or religious extremism, because the West has failed in doing so, in dealing with religious Islamic extremism,” Li told reporters on the sidelines of the U.N. Human Rights Council session in Geneva. “Look at Belgium, look at Paris, look at some other European countries. You have failed.” China frequently comes under fire for its … [Read more...] about Chinese official says China is educating, not mistreating, Muslims
FSIS to have final say on Vietnamese tra fish quality compatibility next month
Other News FSIS to have final say on Vietnamese tra fish quality compatibility next month By Trung Chanh Thursday, Aug 23, 2018,14:12 (GMT+7) FSIS to have final say on Vietnamese tra fish quality compatibility next monthBy Trung Chanh Farmers at a tra fish farm in the Mekong Delta - PHOTO: TRUNG CHANH CAN THO – The Food Safety and Inspection Service (FSIS) under the U.S. Department of Agriculture in September will decide whether Vietnam’s food safety control system for tra fish is equivalent to that of the United States, which serves a a criteria for Vietnam's continued shipment of the product stateside. At a conference on the production and consumption of tra fish, held in An Giang Province on August 21, Ngo Hong Phong, deputy head of the National Agro-Forestry-Fisheries Quality Assurance Department (Nafiqad), noted that FSIS will make its final decision on the equivalence assessment in September. An inspection … [Read more...] about FSIS to have final say on Vietnamese tra fish quality compatibility next month
Iran says Israel, U.S. will be targeted if Washington attacks
Asia News Iran says Israel, U.S. will be targeted if Washington attacks The Saigon Times Daily Wednesday, Aug 22, 2018,18:04 (GMT+7) Iran says Israel, U.S. will be targeted if Washington attacksThe Saigon Times Daily Iranian cleric Ayatollah Seyed Ahmad Khatami delivers a sermon during Friday prayers in Tehran, Iran, May 26, 2017 – PHOTO: REUTERS LONDON (REUTERS) - A senior Iranian cleric warned Washington on Wednesday that if it attacked Iran, the United States and allied Israel would be targeted, as a war of words escalated after the United States reimposed sanctions on Iran. Ahmad Khatami also told worshippers attending Eid prayers in Tehran that President Donald Trump’s offer of talks with Iranian leaders was unacceptable as the U.S. leader wanted Tehran to concede on its missile program and regional influence. "Americans say you should accept what we say in the talks. So this is not negotiation, but … [Read more...] about Iran says Israel, U.S. will be targeted if Washington attacks