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|MOSCOW Nike Air Max 90 White Leather Shoes , July 19 (Xinhua) -- Russia is preparing a retaliatoryresponse to Poland's decision to dismantle Soviet monuments, headof the upper house of the Russian parliament said Wednesday.
"(Polish authorities) are violating international agreementswith Russia, according to which Poland made a commitment topreserve historic monuments," Russian Federation Council speakerValentina Matvienko said at a meeting of the council.
The agreements are valid and haven't been terminated by anyone,she added.
Calling the decision "sacrilegious, cynical and absolutelyimmoral" Nike Air Max 90 Black Leather Shoes , Matvienko said Moscow is considering a tit-for-tatresponse.
"A corresponding statement has been made in the Russian ForeignMinistry. I know they are preparing measures appropriate to thecurrent situation," Matvienko was cited by Sputnik news agency assaying.
According to the Russian Foreign Ministry, Polish PresidentAndrzej Duda signed the law of June 22, 2017 on amendments to thelaw of April 1, 2016, which authorizes the removal of monuments andmemorial plaques to the Soviet soldiers who liberated Poland fromNazi occupation in 1944-1945.
Under bilateral agreements reached by the two countries in1992-1994 Nike Air Max 90 Leather Shoes , Polish authorities are obligated to protect and preservethese memorial facilities including martyr cemeteries andmonuments, the ministry said Tuesday in a statement. Enditem
WASHINGTON, May 5 (Xinhua) -- U.S. trade gap widened further in March, driven by a surge in imports, the Commerce Department said Tuesday.
The country's trade deficit expanded 43 percent from the previous month to 51.4 billion U.S. dollars in March, the largest since October 2008. In March Nike Air Max 90 Black Shoes , exports increased 1.6 billion dollars from February, or 0.9 percent, to 187.8 billion dollars, while imports rose 7.7 percent to 239.2 billion dollars.
A strong dollar and a labor dispute that disrupted shipping at West Coast ports have continued to affect the trade figures in the month.
The surge in the monthly trade deficit had certain adverse impact over the country's economy in the first quarter of the year. U.S. real gross domestic product increased at an annual rate of 0. 2 percent in the first quarter, due to a bout of blizzards and a strong dollar's drag on exports.
by Mahmoud Fouly
CAIRO, May 1 (Xinhua) -- The Egyptian economy is still struggling with trade and budget deficits as well as upcoming unpaid dues despite the improvement of the country's credit rating and the decline of its external debts Nike Air Max 90 White Shoes , said Egyptian economic experts.
The Central Bank of Egypt (CBE) has recently announced the decline of Egypt's foreign debts to 41.3 billion U.S. dollars in the second quarter of the 20142015 fiscal year compared to 44.8 billion dollars in the first quarter of the same year.
"The Egyptian authorities have recently paid off about three billion dollars of its dues to the external world (in the form of bonds and deposits), which affirms the commitment and ability of the Egyptian economy to pay off its foreign obligations when due," the CBE explained in a recent press release.
Egyptian economic experts, however, believe that the country's economy is still ailing as the payments of foreign debts mainly came from financial aids worth billions of dollars.
"The issue is that the payment of our debts came from interest-free deposits of Gulf states, not from real domestic resources made inside the country Nike Air Max 90 Off White Shoes ," said Ibrahim Nawwar, economic expert and former spokesman of the Egyptian industry and foreign trade ministry.
Payment of foreign debts would indicate real economic progress if it was made through real dollar resources, particularly direct foreign investment or extra exports, but the case is different because Egypt suffers insufficient foreign investment besides a trade deficit, Ibrahim told Xinhua.
TRADE & BUDGET DEFECITS
The most populous Arab country suffers a budget deficit of about 31.5 billion dollars for the 20142015 fiscal year, representing 10 percent of the gross domestic product Air Max 90 White Leather Shoes , which the government attempted to minimize through economic reforms including large energy subsidy cuts that led to price hikes in oil products and electricity.
"Despite the economic policy based on austerity and subsidy cuts, the improvement of foreign debts is merely a number as it is based on financial aids rather than economic development," Nawwar told Xinhua, describing the general economic condition as "alarming."
The trade deficit, representing the gap between the country's imports and exports, has mounted in the first half of the 20142015 fiscal year to reach 20.2 billion dollars according to a recent CBE report.
Experts believe that the trade deficit "swallows" a large part of the foreign currency reserves and contributes to shortage of dollar resources required for investors and importers.
"We cannot judge the whole economic performance by improvement of one indicator like the decline of foreign debts Air Max 90 Black Leather Shoes ," said Ehab al-Desouki, head of the Economy Department of Cairo-based Sadat Academy.
He added that Egypt's exports and its trade deficit have not improved, stressing that "real economic improvement should be reflected in improvement of the people's standard of living along with an economic growth connected with justice in distribution."
DOLLAR SHORTAGE & INVESTMENT
In 2011, Egypt had 36 billion dollars of foreign currency reserves at the central bank, but the country lost about 20 billion dollars of them over the past four years of political turmoil and instability.
Egypt has recently received six billion dollars of aid sent as deposits from the Gulf states to assist the country's ailing economy, raising the foreign currency reserves to exceed 20 billion dollars.
The Gulf states Air Max 90 Leather Shoes , including Saudi Arabia, the United Arab Emirates and Kuwait, had previously assisted Egypt with more than 12 billion dol. Cheap Germany Soccer Jerseys Cheap Minnesota Timberwolves Jerseys Cheap Houston Rockets Jerseys Wholesale Pistons Jerseys Wholesale Pacers Jerseys Wholesale Nuggets Jerseys Wholesale Nets Jerseys Wholesale Dallas Mavericks Jerseys Wholesale Charlotte Hornets Jerseys Wholesale Atlanta Hawks Jerseys