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#1 2018-03-13 03:47:43


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By Eric J. Lyman

ROME Dames Air Force 1 Hoog Rood Kopen , Aug. 1 (Xinhua) -- The International Monetary Fund (IMF) recently up adjusted its forecast for Italy's economic growth, but warned the growth could not be maintained without healthier development in some areas.

The IMF now says it expects the Italian economy to grow by 1.3 percent this year, up from the 0.8 percent forecast at the start of the year and higher than the 1.1 percent growth rate predicted by the Italian government's own economists.

For the next year, IMF predicts 1.0 percent growth, compared with a 0.8-percent rate in its previous forecast for the country.

The growth rate projections come despite a strengthening euro that makes Italian exports beyond the euro zone more expensive and makes it more expensive for travelers holding U.S. dollars, British pounds, or other currencies to visit the country.

Prime Minister Paolo Gentiloni was pleased with the upgrade Air Force 1 Laag Heren Zwart Wit Kopen , saying it "improves our confidence and conviction about our country's potential."

But IMF meanwhile warned that without a healthier banking sector, reduced debt, higher wages, and lower taxes, Italy will not be able to maintain robust growth and stability.

Analysts who spoke to Xinhua agreed with the IMF on this point.

"The adjustments are small and on their own they probably aren't important," Alberto Majocchi, a professor of finance science at the University of Pavia and president of the Institute for Economic Studies and Analysis Air Force 1 Laag Wit Rood Kopen , said in an interview.

"It could mean that a phase is finishing in Italy. But that will only mean something if Italy can continue its reforms," the economist explained.

Majocchi specially mentioned industrial production, overall productivity, efficiency in the public sector, and the flight of skilled labor as areas where Italy has a strong need to make strides.

Alessandro Poli, an economic statistics expert with Rome's La Sapienza University, said the fact that the growth projections were upped without an increase in construction -- Italian construction was down 0.3 percent in the first quarter of this year over the same period in 2016 Heren Air Force 1 07 Laag Goud Wit Kopen , according to Poli -- higher economic growth would probably not last.

"I think this may be a signal that the worst for Italy is in the past, but nobody can conclude that what we are seeing is a complete economic recovery," Poli told Xinhua.

Majocchi said it was encouraging that Italy growth projections from IMF were beginning to approach those for the European Union (EU) as a whole -- a positive development for a country that saw its economy grow faster than the EU as a whole only twice since 2000.

But at the same time IMF upped its growth forecasts for Italy, it did the same thing for the EU as a whole: the EU-wide projections for 2017 were raised to 1.9 percent from 1.7 percent previously for 2017, and to 1.7 percent compared to 1.6 percent previously for 2018.

That trend, IMF said, showed Italy's recovery could be fueled in part by improved prospects in the EU Dames Air Force 1 Laag Grijs Wit Kopen , a bloc Poli said accounts for more than half of Italian exports.

ALGIERS, July 2 (Xinhua) -- The Algerian soccer team received a "hero's welcome" upon their arrival Wednesday to the Houari Boumediene International Airport of Algiers, following their impressive performance in the World Cup in Brazil.

The teammates of captain Madjid Bouguerra were welcomed by top government officials, including Prime Minister, Abdelmalek Sellal, and Sport Minister, Mohamed Tahmi Heren Air Force 1 Laag Groen Kopen , in addition to a massive crowd who rushed to the players to take pictures with them.

After they took a rest at the VIP hall of the airport follwing their non stop 11 hours flight from Brazil, the men of Bosnian coach Vahid Halilhozic made their way on an open-top bus to the President's Office.

Along their way, the national team was provided with massive welcome by their fans who crowded the streets. Flags of Algeria were waved by the fans as they chanted patriotic slogans, including the famous "One, Two Three, Viva l'Algerie."

The participation of the Desert Foxes at the World Cup, being held in Brazil Heren Air Force 1 Laag Grijs Kopen , was impressive, as they managed to make it to the knockout stage for the first time in their history.

They lost against Belgium in the opening game, before striking South Korea 4-2 and drawing with Russia 1-1. In the round of 16, Algeria faced Germany and lost 2-1 after additional time.

After their performance in the World Cup, the Greens deserve the respect of the world of football.

LUANDA, Jan. 13 (Xinhua) -- Angola will impose a quota system on the imports of food, drinks Air Force 1 Laag 07 LV8 Grijs Kopen , eggs and vegetables from the year 2015 as the country was now able to produce over 60 percent of the products, the official news agency Angop reported on Tuesday.

The imports would be gradually reduced and the quota would be jointly determined by executive decrees of the ministries of trade, finance, transport, industry, agriculture, fisheries and the national bank of Angola (BNA) Dames Air Force 1 Hoog Blauw Kopen , according to recommendations presented by the first national seminar on import quotas implementation held on Monday in Luanda by the ministry of trade.

The participants believed that domestic production was a priority to diversify the country's oil-dependent economy and the import of the farming products should complement the home production deficit.

The seminar also recommended, under the national program to fight hunger and poverty, that trading companies shoulder greater social responsibility and save one percent of the quantities of food imported annually for strategic food reserve of the state.

A kindergarten in Yanshi, Central China's Henan Province apologized after one of their teachers took nude photos of more than 20 male students and uploaded the images to social media without informing their parents, media reported on Tuesday.

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