#1 People protest against Israeli measures von liyifeng123 03.08.2018 08:02

BRUSSELS Kellyn Acosta USA Jersey , March 11 (Xinhua) -- The European Union (EU) on Friday announced an additional 10 million euros of new support to Cuba, which is a part of overall 50 million euros in development cooperation funds for the country.

""The 10 million euros of new support we are announcing today will help build the capacities of the Cuban public administration and sustainable food production Justin Morrow USA Jersey ,"" said Neven Mimica, EU Commissioner for International Development Julian Green USA Jersey , on a visit to Cuba.

He added the EU will continue to strengthen its cooperation with Cuba to support the modernisation process started by the Cuban government in 2008.

During the visit, Mimica visited EU-funded projects in Cuba Juan Agudelo USA Jersey , including those focussing on sustainable food production and supporting the social and economic inclusion of Cuban youth.

Mimica also met with representatives of the Cuban Government.

Out of the 10 million euros announced, 7.7 million euros will support the Cuban economic modernisation process started in 2008 to support the capacities of Cuban public administration and will improve the tax collection process by sharing best practices.

An additional amount of 500 Jozy Altidore USA Jersey ,000 euros will finance activities such as studies and seminars on the priority sectors of EU cooperation in Cuba, namely sustainable agriculture and food security Jorge Villafana USA Jersey , environment and climate change and support to sustainable economic and social modernisation.

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WASHINGTON, Sept. 25 (Xinhua) -- Despite U.S. mainstream media trumpeting the so-called ""recovering"" U.S. economy, a new Gallup report said that's not true.

That's because there's been much long-term degradation of the U.S. economy, to the point at which the percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61 percent average between 2000 and 2008 to 51 percent today, the report said.

""Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed,"" it noted, adding that these 25 million people are invisible in the widely reported 4.9 percent official U.S. unemployment rate.

Millions of Americans, even if they are gainfully employed in good jobs, are just one degree away from someone who is experiencing either unemployment, underemployment or falling wages, the report said.

There are three serious metrics that need to be turned around or the country will lose the whole middle class, it warned.

According to the U.S. Bureau of Labor Statistics, the percentage of the total U.S. adult population that has a full-time job has been hovering around 48 percent since 2010 -- this is the lowest full-time employment level since 1983.

The number of publicly listed companies trading on U.S. exchanges has been cut almost in half in the past 20 years-- from about 7,300 to 3,700.

Because firms can't grow organically -- that is, build more business from new and existing customers -- they give up and pay high prices to acquire their competitors, thus drastically shrinking the number of U.S. public companies. ""This seriously contributes to the massive loss of U.S. middle-class jobs,"" Gallup said in the report.

At the same time, new business startups are at historical lows. Americans have stopped starting businesses. And the businesses that do start are growing at historically slow rates, it said.

But all is not gloom and doom, the report said. While free enterprise is in free fall, it remains flexible, and small business can save America and restore the middle class.

Small businesses -- startups plus ""shootups"" that grow big -- are the engine of new economic energy. According to the U.S. Small Business Administration, 65 percent of all new jobs are created by small businesses, not large ones, Gallup said.

But there is a problem: The deaths of small businesses recently outnumbered the births of small businesses.

The U.S. Census Bureau reports that the total number of business startups and business closures per year crossed for the first time in 2008.

In the nearly 30 years before that, the U.S. consistently averaged a surplus of almost 120,000 more business births than deaths each year. But from 2008 to 2011, an average of 420,000 businesses were born annually, while an average of 450,000 per year were dying, Gallup said.

""America needs small business to boom again. Small businesses are our best hope for badly needed economic growth, great jobs and ultimately accelerated human development,"" Gallup said.


SHANGHAI, July 22 (Xinhua) -- The death toll has risen to five after an accident during the demolition of a multi-story building in Shanghai Friday afternoon Jordan Morris USA Jersey , the local government said Saturday.

Six people were pulled from debris, however John Brooks USA Jersey , five of them later died in hospital. The sixth victim remains in a serious condition.

The accident occurred when a multi-story building in Jiading District was being demolished and fell onto a neighboring hotel.

The rescue mission ended early Saturday and an investigation into the cause of the accident is underway.

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GENEVA, May 21 (Xinhua) -- The Chinese delegation to the 70th World Health Assembly (WHA) on Sunday reiterated that the one-China principle is the prerequisite for the participation of China's Taiwan in the World Health Organization (WHO)'s annual conference.

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