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#1 2018-04-12 01:03:15

rxz123
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Registered: 2016-12-02
Posts: 705

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LONDON, Oct. 3 (Xinhua) -- Chancellor of the Exchequer Philip Hammond announced plans Monday to ease concerns of British industry over European aid from Brussels.


There have been fears that major investments could be put on hold until the post-Brexit landscape is clearer.


In a keynote speech on the economy at the Conservative Party conference in Birmingham, Hammond announced additional support for businesses and organisations which secure EU funding while Britain is still a member of the European Union (EU).


He told delegates: "The Treasury will offer a guarantee to bidders whose projects meet UK priorities and value for money criteria that if they secure multi-year EU funding before we exit. We will guarantee those payments after Britain has left the EU, protecting British jobs and businesses after Brexit."


Hammond continued the theme set by Prime Minister Theresa May at the start of the conference Sunday that Britain will leave the EU and become an independent global trading nation.


"No ifs, no buts, we are leaving the EU," he said, a message greeted by loud cheers.


Hammond admitted that Brexit negotiations would create a "roller coaster" ride for the British economy.


"We must expect some turbulence as we go through this negotiating process. There will be a period of a couple of years or perhaps even longer when businesses are uncertain about the final state of our relationship with the European Union."


Hammond made a pledge that under him the Treasury would continue to drive the Northern Powerhouse project, the strategy created by his predecessor George Osborne to help re-balance the economies of southern and northern England.


He said he would go further by giving further backing to the Midlands Engine for Growth, a similar regional strategy for the area around Birmingham.


Hammond said the Midlands region generated 220 billion pounds (282.69 billion U.S. dollars) to the economy, producing almost a fifth of all British goods exported overseas, and also accounting for a fifth of British manufacturing.


Hammond also set out a target to make Britain a global leader in tech innovation.


"Over the last few years, unnoticed by most of us, entrepreneurs and scientists from home and abroad have been turning Britain into a hub of tech innovation."


"Global businesses have followed, hungry for the inventions and innovations they are generating, developing technologies that will change fundamentally the way we work and the way we live."


On immigration, Hammond said Britain would remain open to the "brightest and best" talent from around the world.


He said Britain's economy would become the most outward-looking, most dynamic, most competitive, low-tax economy in the world.


"We will do it by making sure that after Brexit, we go on attracting the brightest and the best, the highest skilled and the most dynamic entrepreneurs, scientists, engineers and managers from around the world," Hammond said in his speech.


Hammond also made it clear Britain would not have a surplus by the end of the current parliament in 2020, a change to Osborne's target that the country would balance the books by then. He said fiscal consolidation would continue.


DUBAI Nike Air Max Womens Clearance , Sept. 17 (Xinhua) -- United Arab Emirates (UAE) commercial port operator Dubai Ports (DP) World said here on Sunday it will not renew its contract to operate the container port PT Petikemas Surabaya (TPS) in Indonesia after the agreement's expiration as of the end of 2019.


Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, said in an emailed statement "it is unfortunate that the significant positive contributions made by global terminal operators in Indonesia have not been fully recognized Nike Air Max Womens Sale , despite our successful track record."


He expressed disappointment about the operating contract renewal terms offered by the Indonesian authorities, saying that it "did not meet our threshold for continued investment."


DP World, the world's third largest container port Nike Air Max Womens Shoes , is a 49 percent shareholder in TPS, which represents a gross capacity of 2.1 million TEUs (twenty-foot containers) out of 85 million TEUs for the group.


Sulayem said that despite the pull-out move, "we remain committed to investing in Asia and all geographies that have an appetite for foreign direct investment."


Flower terraces set up on Tian'anmen Square for upcoming National Day


China-US Ping-Pang diplomacy commemorated at headquarters of UN


Scenery of Jianmen Pass in China's Sichuan


Shanghai temple's historic move completed


Special snacks displayed during 14th China-ASEAN Expo


Scenery of paddy fields in Baicheng Nike Air Max Womens , NE China's Jilin


China Focus: World's oldest panda dies aged 37


Scenery of terraced fields at Wuyishan in SE China's Fujian


BEIJING, Jan. 29 (Xinhua) -- The Supreme People's Procuratorate (SPP) said Monday it has set up teams to look into the criminal cases of Gu Chujun and Zhang Wenzhong, former chairmen of an electrical appliances maker and a retailer Cheap Air Max Womens , respectively, after the Supreme People's Court (SPC) announced a retrial last month.


Two teams of SPP prosecutors have started their work and promised to provide objective opinions based on facts, the SPP said.


The top court of China announced earlier that the retrial of Gu Air Max Womens Black , former chairman of Guangdong Kelon Electrical Holdings, a maker of refrigerators and air conditioners, will be heard by the SPC first circuit court.


Gu was arrested in 2005. A final court ruling by Guangdong Higher People's Court in 2009 sentenced him to 10 years in prison for falsifying and withholding information and embezzlement. He was also fined 6.8 million yuan (about 1.07 million U.S. dollars).


In September 2012 Air Max Womens Clearance , after serving his term in prison, Gu filed a petition to the SPC.


The SPC sent his .

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2018-04-12 01:03:15

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