China Financial Daily

April 23, 2009

The residents in Macao will received 3.3 billion in cash and medical certificates

Filed under: Financial News — Tags: — Nancy @ 10:39 am -0700

The residents in Macao will received 3.3 billion in cash and medical certificates
China news agency in Macau, on April 23rd – Executive Council of the SAR government of Macao announced to plan this year to share in cash and medical certificates involving amount of 3.37 billion patacas, and the executive has discussed the adjustments of this year’s budget draft law, which to be handed over to the Legislative Council to consider the use of emergency procedures. Executive Council spokesman said today that the fastest cash-sharing plan would be issued in the middle of May. Chief Executive Edmund Ho Hau Wah, attended the Legislative Council to answer questions last week when the General Assembly and announced cash-sharing plan in this year.

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The industrial orders of eurozone in February fell to record the largest year-on-year decline

Filed under: Financial News — Tags: — Nancy @ 10:38 am -0700

The industrial orders of eurozone in February fell to record the largest year-on-year decline
Xinhua in Brussels, on April 23rd, Eurostat data showed that the industrial orders of euro-zone in February of this year from the previous month decreased by 0.6% and year-on-year decline of 34.5%, which created the largest year-on-year decline. To February, the industrial orders in euro-zone for the consecutive decline in seven months, indicating that there was no improvement in the economic situation of the area. Revised data also showed that in January the industrial orders in eurozone fell more than 2%, 34.3 percent year-on-year of decline.

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Brown to change the British system of subsidies

Filed under: Financial News — Tags: — Nancy @ 10:38 am -0700

Brown to change the British system of subsidies
British Prime Minister Gordon Brown on 21st announced plans to immediately reform the system of subsidies Members, and the relevant motion will be submitted to Parliament as early as next week to vote. In view that some members may resist, the play may run aground, and after the reform the amount of subsidies received by some Members may not fall but rise, the plan is difficult to achieve, “to cut public spending and rebuild public confidence” of the purpose.

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