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Saturday, November 21, 2009
News Making Money

China says Obama visit will boost ties

06/11/2009 17:23 (14 Day 21:05 minutes ago)

The FINANCIAL -- BEIJING, Beijing is sure that the visit of U.S. President Barack Obama to China in mid-November will strengthen relations between the two countries, a Chinese deputy foreign minister said on November 6.

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Obama will pay his first visit to China as U.S. president between November 15 and 18, beginning his trip in Shanghai before moving on to the capital, Beijing.

 

"Barack Obama's visit to China... has great significance for the new stage of development of relations between the two countries," He Yafei told a news conference.

 

The high-ranking diplomat said that previous meetings between the Chinese and American presidents had laid the foundation for this new stage of relations.

 

"We hope that the forthcoming visit will help to confirm the previously reached agreements and to give them a strategic aspect that will constantly serve the cause of the promotion of relations in various spheres," he said.

 

The U.S. and China have been recently involved in mutual punitive actions for allegedly unfair practices in the sphere of trade and Yafei added that bilateral trade issues would be also discussed during Obama's visit.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (00:34 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (03:48 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.







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