Photo taken on May 20 Hydro Flask 32 OZ Wide Mouth Con Flat Cap Baratas , 2017 shows China Railway No.5 Engineering Group's construction site along China-Laos railway in northern Laos' Oudomxay Province. The China-Laos railway has a total length of 414.332 km with over 62.7 percent of bridges and tunnels, linking Mohan-Boten border gate in northern Laos and capital Vientiane. (XinhuaYuan Wenlang)




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PYONGYANG, May 20 (Xinhua) -- The Democratic People's Republic of Korea (DPRK) on Saturday slammed some Japanese ultra-rightists who hyped up tension in the Korean Peninsula in order to "take the path of overseas expansion and re-invasion."

The official daily of the Workers' Party of Korea, Rodong Sinmun, said in a commentary that Japan's former Defense Ministers Gen Nakatani and Itsunori Onodera and several other ultra-rightists from the Asian nation recently went to the United States to present a report on "Japan's policy towards the DPRK in the era of Trump."

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"It shows a crafty artifice to hype threat from the DPRK in a bid to secure justifications for their reckless moves and garner domestic and foreign support and thus put spurs to the moves for turning Japan into a military giant and launching re-invasion," it said.

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LINDAU, Germany, Aug. 23 (Xinhua) -- "Research has confirmed that central banks are not powerless at the effective lower bound Hydro Flask 32 OZ Wide Mouth Baratas ," President of the European Central Bank (ECB) Mario Draghi said here Wednesday, reiterating the effectiveness of non-standard monetary policy taken by central banks on both sides of the Atlantic since the last financial crisis.

Draghi delivered a keynote speech at the 6th Lindau Nobel Laureate Meeting on Economic Sciences, saying that central banks can continue pursuing their price stability mandates even in the most adverse circumstances, as long as they are willing to explore non-standard policy avenues including forward guidance, large-scale asset purchase Hydro Flask 32oz Baratas , etc.

"While forward guidance is a useful instrument, recent research has highlighted that its effectiveness can be improved if combined with other non-standard monetary policies," he added.

ECB has kept the Eurozone base interest rate at historical lowest level of zero for 18 consecutive months, while buying bonds of over 2,000 billion euros as of July Hydro Flask 24 OZ Standard Mouth Baratas , which provided the euro area with impulse in inflation recovery as well as favorable financing conditions to corporations and households.

"Large-scale asset purchases can ease these constraints and increase investors' risk-bearing capacity, leading to a portfolio rebalancing towards risky assets and to strengthened lending activity for banks," Draghi said.

In addition, the ECB head regarded the unconventional tool of monetary policy -- "Outright Monetary Transactions"(OMT) -- a program to purchase bonds issued by Eurozone member-states in secondary sovereign bond markets under certain conditions, which was announced by the ECB in 2012 but was never used so far Hydro Flask 24oz Baratas , as effective too.

"That the ECB had the tool at its disposal was sufficient to anchor expectations at the 'good' outcome," Draghi said, concluding that policy actions undertaken in the last ten years in monetary policy and in regulation and supervision have made the world more resilient.

"But we should continue preparing for new challenges," adding that policies, especially monetary policy Hydro Flask 21 OZ Standard Mouth Con Sport Cap Baratas , needed to be adjusted, even though it was never easy, when the world changes as it did ten years ago.

17 Nobel Laureates participate in the four-day Lindau Meeting on Economic Sciences kicked off Wednesday. They meet with 350 young economists from 66 countries and regions.

The Lindau Nobel Laureate Meetings, originally as European initiative of post-war reconciliation among scientists, focus alternately on physiology and medicine Hydro Flask 21 OZ Standard Mouth Baratas , physics, chemistry and economic science, aiming to foster the exchange among scientists of different generations, cultures, and disciplines.

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