European Union:Iif the subsidies of the United States on the car enterprises, they will accuse to the WTO
The Associated Press quoted U.S. Senate majority leader, Democrat Harry Reid, and reported that the Senate will hold the pilot to vote on the 17th on the motion assistance to the car.
European Union delayed an equivalent affirmation on the PRC GAAP
Recently European Union showed that it was expected to admit GAAP of U.S. and Japan having the same effect with International Financial Reporting Standards next year, but including China, the other candidate countries yet to be decided before 2011.
European Union impose provisional anti-dumping duties for Chinese products
In half a year after 15th, China will be imposed provisional anti-dumping duties on the candle, with taxes from 0% to 66% and on non-alloy steel products from 2.1% to 52.2%.
Pakistan got a loan of 7.6 billion U.S. dollars
Pakistan government said on the 15th that the International Monetary Fund (IMF) had agreed to provide at least 7.6 billion U.S. dollars loan to help the Palestinian side to balance revenue and expenditure, and get through the difficulties of the financial crisis.
IMF welcomes the fruits from the G-20 summit
Kahn, president of the IMF, said the summit’s action plan is that the international community to resolve the global financial crisis, and the International Monetary Fund to increase the capacity to deal with the crisis for an important step.
The president of European Union said that they were will to reduce the representation of IMF for China
At present, the United States in the IMF has the right to vote of 16.77 percent, ranking the first, Germany 5.88 percent, Britain and France 4.86 percent, Chinese 3.66 percent. European Union leader admitted that in the International Monetary Fund (IMF) and other institutions they were on behalf of the excessive number.
Iran asked OPEC to reduce production of 1.5 million barrels
In order to prevent the rapid decline in international oil prices, Iran alled on Iran on the 15th Organization of Petroleum Exporting Countries (OPEC) to cut oil output again 1-1.5 million barrels.
Saudi Arabia announced 400 million U.S. dollars as oil industry investment plan
Abdullah said the activity is to stimulate regional economic growth, offset the negative impact of the global financial crisis and they was to join hands with other countries “to ensure the global economic recovery and growth.”
Mozambique and South Africa will build a power station
Mozambique power company, on 14th said the company will work with the State Power Corporation of South Africa together to create a power station in Mozambique, with investment up to 1.3 billion U.S. dollars.
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