#1 Yellen cautioned against jumping von reba520 22.08.2018 04:36

CARACAS, Oct. 20 (Xinhua) -- Members of the Democratic Unity Roundtable (MUD), Venezuela's opposition coalition, predicted on Thursday a massive turnout for the collection of signatures needed to hold a recall referendum against President Nicolas Maduro.


Carlos Ocariz, mayor of the city of Sucre and MUD's representative for the referendum, said that he hoped "thousands of people" would sign in during the petition drive, scheduled for Oct. 26-28.


"We are prepared to see thousands and thousands of people queuing up at polling stations. Those people will go there to exert their rights," Ocariz told a press conference in Caracas.


The spokesperson said that the collection of signatures of 20 percent of the electorate, or 3,893,127 people, would be a "simple and efficient process."


However, he criticized the Electoral National Council (CNE) for only organizing 1,356 signature reception centers across the country, which he said would slow down the process.


"The waiting time of the queues is not the responsibility of the MUD, if we had had all the centers we demanded, it would be another story," added Ocariz.


Beyond coordinators appointed by the CNE to oversee each reception center, the MUD has appointed its own envoys for each center to guarantee the "transparency" of the process.


After the signatures have been collected in all the country's 23 states and the Capital District, the CNE will verify and validate the signatures before announcing whether the 20 percent participation threshold was met to trigger the referendum.


HO CHI MINH CITY Cheap Hydro Flask 20 OZ Coffee Black , July 28 (Xinhua) -- The Chinese volleyball club of Nanjing failed to secure their first victory at the 2015 International Women's Volleyball Tournament - VTV Cup in Vietnam' s southern Bac Lieu province on Tuesday, after losing three last sets to the Philippines.


Nanjing, one of leading women' s volleyball clubs among China' s universities, won the first two sets with the scores of 25-18 and 25-20. However, Chinese young girls lost the following three sets with the scores of 19-25 Cheap Hydro Flask Hydration 40 OZ Wide Mouth W Straw Lid Olive , 19-25 and 12-15.


After two hours and nine minutes, the longest match at the tournament, the Philippines defeated Nanjing 3-2, gaining their first triumph, while Nanjing suffered their fourth straight loss.


On Tuesday evening Cheap Hydro Flask Hydration 32 OZ Wide Mouth W Straw Lid Lemon Yellow , the Chinese volleyball club of Liaoning will clash with Vietnam.


WASHINGTON, Feb. 11 (Xinhua) -- In her first testimony to the Congress, U.S. Federal Reserve Chair Janet Yellen reiterated central bank's plan to taper its stimulus exit despite recent weakness in the economy.


The current economic situation and outlook, as well as the monetary policy, were the main focus of the hearing held twice a year.


Yellen told lawmakers she expected "a great deal of continuity" in the central bank's monetary policy Cheap Hydro Flask Hydration 32 OZ Wide Mouth Lava Red , saying that she served on the Fed policy-setting committee as the bank formulated its current policy strategy and she strongly supported that strategy.


Yellen, 67, took the oath of office to lead the Federal Reserve System on Feb. 3, succeeding Ben Bernanke, who stepped down after eight turbulent years. She was previously the Fed's vice Chair.


In the public debut in her new role Cheap Hydro Flask Hydration 24 OZ Standard Mouth Pink , Yellen said while the economy gained steam at the end of 2013, recovery in the U.S. labor market was "far from complete," underscoring the importance of considering more than just the unemployment rate when evaluating the conditions of the labor market.


Her point of keeping an eye on wider range of labor indicators is particularly important as the unemployment rate, now at 6.6 percent, is near the 6.5 percent threshold the Fed once identified as the level that would need to be reached before officials would consider a hike in the interest rates.


"If coming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and inflation moving back toward its long-run objective Cheap Hydro Flask Hydration 24 OZ Standard Mouth White , the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings," Yellen indicated steady pullback in Fed stimulus, referring to the Federal Open Market Committee, which sets monetary policy.


While admitting she was "surprised" by the two recent jobs reports that showed the pace of job creation running under what she had expected, Yellen cautioned against jumping to conclusions of the longer trend. She told the Congress that the Fed needs to see a "notable change" in the economic outlook to consider pausing its withdrawal of stimulus.


The Fed trimmed its monthly purchases of Treasury and mortgage- backed securities by a total of 10 billion dollars in both December and January Cheap Hydro Flask Hydration 21 OZ Standard Mouth W Sport Cap Black , citing strengthening economy and continued improvement in the labor market.


The Fed policymakers have suggested they would continue to reduce the bond buying, which now totals 65 billion dollars a month, at a similar pace at each Fed meeting and end it by the end of 2014, provided the economy develops generally in line with expectations.


Yellen also highlighted the Fed's financial regulatory role, saying that the work of making the financial system more robust " has not yet been completed."


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