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China's central bank is unlikely to tighten policy further in the second half of this year cheap air jordan 12 dark grey mens , which could cap rises in market interest rates, a central bank adviser on Tuesday was quoted as saying by the China News Service.
Under its "prudent and neutral" stance, the People's Bank of China (PBC) shifted to slight tightening at the start of the year air jordan 12 dark grey suede , guiding market interest rates higher during the first quarter. But it later pumped out substantial cash in response to a surge in short-term rates caused by a financial deleveraging drive.
"Financial market rates, in general, will not go up again in the second half air jordan 12 dark grey mens , but will stay stable or even fall slightly," Sheng Songcheng, a PBC adviser jordan 12 dark grey mens shoes , was quoted as saying.
The weighted average lending rate for non-financial companies, a key indicator reflecting corporate funding costs, rose 14 basis points in the second quarter to 5.67 percent cheap jordan 12 dark grey mens , following an increase of 26 basis points in the first quarter to 5.53 percent, the PBC said on Friday.
The adviser's comments come as China's program to contain debt continues, and as weaker-than-expected July data suggested the economy is starting to cool under the weight of higher financing costs.
In June jordan 12 dark grey suede , sources told Reuters that the PBC would hold off on further policy tightening and could even slightly loosen its grip in coming months.
Responding to market expectations that the PBC could cut banks' reserve requirement ratio (RRR) again if it aims to achieve a steady money supply growth, Sheng said an RRR cut would send too strong a signal on policy loosening to the market.
"The central bank is much happier to increase money supply via monetary tools," he said.
The Standing Lending Facility jordan 12 dark grey mens , Medium-term Lending Facility and Pledged Supplementary Lending are the monetary policy tools devised by the PBC to provide short-term funds to the interbank market.
Reuters predicted PBC may cut the RRR by 50 basis points in the first quarter of 2018 .
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NEW YORK， Jan. 13 (Xinhua) -- Oil prices ended lower on Friday on rising concerns over the extent of the OPEC (Organization of the Petroleum Exporting Countries) member countries implementing the output-cut deal.
OPEC reached an agreement in November to cut oil production to curb a global supply glut that has depressed prices for more than two years. Although some countries have promised to implement the deal， there still lacks hard evidence of production reductions.
Investors also worried that the rising U.S. oil supply might offset any reductions， which weighed on the oil prices on Friday.
The Energy Information Administration (EIA) said in its weekly report on Wednesday that U.S. crude oil inventories rose 4.1 million barrels last week to 483.1 million， up 7.1 percent from last year at this time.
The West Texas Intermediate for February Delivery decreased 0.64 dollars to settle at 52.37 dollars a barrel on the New York Mercantile Exchange， while Brent crude for March delivery erased 0.56 dollars to close at 55.45 dollars a barrel on the London ICE Futures Exchange. Enditem
WASHINGTON， Dec. 15 (Xinhua) -- Climate change very likely worsened heat waves that scorched East Asia， East Africa and Europe in 2015， helping make it the warmest year on record， a U.S. report said Thursday.
"We're seeing mounting evidence that climate change is making heat waves more extreme in many regions around the world，" lead editor Stephanie Herring， a scientist with the U.S. National Oceanic and Atmospheric Administration's National Centers for Environmental Information， said in a statement.
"As we get better at distinguishing the influence of climate change from natural variability， the local significance and impacts of this global phenomenon are becoming clearer."
According to the report， called the fifth edition of Explaining Extreme Events from a Climate Perspective， strong evidence for human-influenced climate change was identified for ten extreme heat events， including heat waves in Europe， India， Pakistan， China， Indonesia， Japan， and Australia.
Such influence was also found for other temperature-related events， including diminished snowpack in the Cascades of North America， record-low Arctic sea ice extent in March and the extraordinary extent and duration of Alaska wildfires.
Numerous other events of 2015 were also made more extreme by climate change， said the report， which included 25 peer-reviewed research papers that examine episodes of extreme weather over five continents and two oceans last year.
For example， the probability of the so-called "sunny day" tidal flooding events in the U.S. Miami area has risen 500 percent since 1994， according to one study.
Climate change also likely contributed to the record high intensity of west North Pacific typhoons and the record amount of winter sunshine in the United Kingdom.
But researchers found no evidence of an overall climate change signal in the late arrival of the Nigerian spring rainy season or in the extreme daily rainfall totals that inundated Chennai， India in December.
Likewise， there was no evidence that the extreme cold winter conditions over the northeast United States and Canada in 2015 were made more likely by climate change.
The report， which featured the research of 116 scientists from 18 countries， was published in a special edition of the Bulletin of the American Meteorological Society.
SOCHI, Feb. 4 (Xinhua) -- An Olympic Truce Wall was unveiled in the Russian Black Sea resort of Sochi on Tuesday on the eve of the 22nd Winter Olympic Games.
The unveiling ceremony was attended by International Olympic Committee (IOC) President Thomas Bach, Russian Deputy Prime Minister Dmitry Kozak and other officials and athletes.
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