BREAKING NEWS

US supports China's market reforms, capacity cuts

By REUTERS

JUNE 6, 2016 05:44

The United States supports China's efforts to cut excess industrial capacity and encourages its use of fiscal and lending policies to strengthen consumer demand as part of its economic transition, US Treasury Secretary Jack Lew said on Monday.

"Excess capacity has a distorting and damaging effect on global markets," Lew said in prepared remarks at the start of high level bilateral talks in Beijing.

"Implementing policies to substantially reduce production in a range of sectors suffering from overcapacity, including steel and aluminum, is critical to the function and stability of international markets."

Discussions on a ceasefire in Lebanon have made significant progress

By REUTERS

11/25/2024 09:22 PM

High Court approves three more months of haredi daycare subsidy

By JERUSALEM POST STAFF

11/25/2024 09:09 PM

US prosecutor asks judge to dismiss 2020 election subversion case

By REUTERS

11/25/2024 08:55 PM

DM Katz to promote construction of fence on Israel-Jordan border

By JERUSALEM POST STAFF

11/25/2024 07:44 PM