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in Deutsch in Medien und Literatur 06.11.2018 04:56
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US Federal Reserve Chair Janet Yellen is scheduled to testify to the Senate Banking Committee on Tuesday and House of Representatives Financial Services Committee on Wednesday.

She will make a prepared statement Cheap Nike Air Max 2018 Mens , which may be released ahead of the testimony, according to media reports.

The primary focus will be on Yellen's commentary surrounding the economy and inflation trends. In particular, markets will be looking for remarks on the potential for three interest rate hikes this year. Views differ these days as regards whether the Fed will raise interest rate three times this year given the tightness in the labor market.

by Justice Lee Adoboe

ACCRA, Sept. 23 (Xinhua) -- The International Tribunal for the Law of the Sea (ITLOS) on Saturday rejected Cote d'Ivoire's claims that Ghana had infringed its sovereign boundary in oil exploration within a disputed zone.

The Hamburg-based tribunal prescribed new coordinates for the demarcation of the maritime boundary between the two countries.

It decide that "the single maritime boundary for the territorial sea Cheap Nike Air Max Mens , the exclusive economic zone and the continental shelf within and beyond 200 nm starts at BP 55+ with the coordinates 05° 05' 23.2"N, 03° 06' 21.2'' W in WGS 84 as a geodetic datum."

It also affirmed Ghana's argument of adoption of equidistance method of delimitation of maritime boundary between it and Cote d'Ivoire while rejecting Cote d'Ivoire's bisector line method of delimitation.

"Of course the maritime boundary has been redrawn but the new designations are not different from Ghana's arguments," Theo Acheampong, a researcher at Abadeen University in Scotland and a petroleum economist told Xinhua.

He emphasized that Ghana's current oil and gas fields Cheap Air Max 2017 Mens , namely the TEN and HESS discoveries, are not affected by the ITLOS ruling, going by publicly available documents.

Since both countries submitted themselves to the ITLOS ruling this final determination brings a closure to the matter, added Acheampong.

Cote d'Ivoire started its claims over the territory after Ghana discovered oil in commercial quantities in 2007 and 2009.

After 10 failed negotiation attempts Cheap Air Max 2018 Mens , Ghana led by former President John Dramani Mahama filed a case at ITLOS in 2014 seeking a determination of the maritime boundary between the two countries.

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SINGAPORE, Sept. 25 (Xinhua) -- Singapore's Consumer Price Index (CPI) rose 0.4 percent in August Cheap Air Max Mens , compared to the 0.6 percent of CPI-All Items inflation in July, said Ministry of Trade and Industry and Monetary Authority of Singapore (MAS) in a joint release on Monday.

The inflation change largely reflected a fall in private road transport inflation, and to a lesser extent, a moderation in food and retail inflation Cheap Nike Air Max 2017 Outlet , which collectively more than offset the smaller decline in the cost of accommodation.

The joint release said that Singapore's private road transport inflation was 2.6 percent in August, compared to 3.5 percent in July. This was due to a dissipation of the base effect associated with the expiry of the one-year road tax rebates in August 2016, which outweighed the combined impact of a steeper increase in petrol prices and a smaller decline in car prices.

Singapore saw its food inflation lowered from 1.4 percent in July to 1.2 percent in August, due to smaller increases in the prices of both non-cooked food and prepared meals. The country's cost of retail and other goods Cheap Nike Air Max 2018 Outlet , including water, rose 0.9 percent in August, as against 1.2 percent in July. That is because of more modest increases in clothing and footwear prices, according to the two authorities.

Singapore's services inflation reached 1.4 percent in August Cheap Nike Air Max Outlet , basically equalling with that for the previous month, as the rise in holiday expenses was offset by smaller increases in the costs of medical and dental treatment as well as education services.

The decrease in Singapore's cost of accommodation was narrowed to 3.9 percent in August from 4.1 percent in July, due to a larger increase in the cost of housing maintenance and repairs on a year-ago basis.

Singapore's MAS Core Inflation, excluding the cost of accommodation and private road transport Cheap Air Max 2017 Outlet , edged down to 1.4 percent in August from 1.6 percent in July, due to lower food and retail inflation.

The authorities forecast Singapore's MAS Core Inflation is expected to average 1 to 2 percent for the whole year of 2017, compared with 0.9 percent in 2016, while CPI-All Items inflation is projected to rise to 0.5-1.5 percent from -0.5 percent last year.

They attribute the projected pickup in inflation to the positive contribution of energy-related components and the impact of administrative price increases Cheap Air Max 2018 Outlet , rather than generalized demand-induced price pressures.

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