In this desperate situation, new Federal Reserve chairman Paul Volcker, who died recently, sharply raised interest rates, causing what was by far the steepest recession in post-WWII US history. Many businesses failed and unemployment rose steeply. Many people lost their homes because of the incredibly high interest rates, which reached 18 percent on home mortgages. Only very stimulative fiscal policy and large tax cuts saved the country from greater disaster.
Including internet finance and peer-to-peer lending information in the national system is the next step in the top financial regulators'plan. The system will also include data from securities and insurance companies in the future, Wan said at an earlier conference.
Indian Prime Minister Narendra Modi said on Thursday night that he had stripped India-controlled Kashmir of its statehood and special constitutional status to free the disputed region of "terrorism and separatism".
India and China — with 43 percent and 30 percent, respectively, of their populations using solid fuels — had the largest numbers of people exposed to household air pollution in 2016: 560 million in India and 416 million in China.
Industrial personnel are working head over heels to enhance their services and adjust to the changing tourism market, especially the changing appetite of Chinese visitors.
In their home office next to the farm, books about pig breeding are piled on a table.
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Increasing R&D expenditure -- the total is second only to the United States, and government support, including financial services, subsidies and easier market access, are also advantages for China's innovators.
Information contained on flight recorders for the Indonesia and Ethiopian planes has not been released, but analysts say the pilots may not have known how to turn off the anti-stall device after it pointed the nose of the plane down, and that may have been a factor in the crashes.
In the years that immediately followed its peaceful liberation, Xinjiang's average life expectancy was 30 years. The figure reached 72.35 years last year, with 25 million people living in 14 prefectures and cities in the region.
Information about local ski resorts, hotels and tickets is also available onboard the train.