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China to take concrete measures to bring economy back to normal

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China will implement multiple concrete measures to support the economy, including more tax credit rebates, higher loan limits, stabilizing supply chain, and effective investment projects, according to a State Council statement released on Monday.

The statement came after the State Council’s executive meeting hosted by Chinese Premier Li Keqiang, which also underlined efforts for keeping the economy running within an appropriate range and agreed on a package for targeted, forceful and effective measures.

Li has called for formulating more policies to stabilize the country’s economy and bring it back to normal track.

Among the agreed new steps, the government will provide tax credit rebates to more sectors, raising annual tax cuts by more than 140 billion yuan ($21.06 billion) to 2.64 trillion yuan ($396.92 billion).

China will also relax the purchase restrictions on automobiles and reduce some passenger car purchase taxes by 60 billion yuan in given periods as one of the measures to promote consumption.

The country will also launch a number of new projects in water conservancy, transport, and urban renovation, and will kick off some new energy projects.

The package also pledged to increase domestic and international passenger flights in an orderly way and tailor measures to facilitate business travels for foreign enterprises.

 

Source: CGTN 

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This is a golden opportunity to cooperate with a government: President

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President Dr. Mohamed Muizzu states this is a golden opportunity for a parliament that will cooperate with a government that wants to produce results.

Speaking at a meeting with Addu City constituents residing in Male’ City on Friday night, the President said his administration’s only focus is to produce results.

He described the upcoming parliament election as a golden opportunity for a parliament that will cooperate with a government that wants to produce results.

“My focus is on results, nothing else. It is results that the people want, is it not? The result of development and the result of stability, is that not what people have been wanting?” he questioned.

Speaking further, President Muizzu, underscoring the nation had not seen the desired number of changes in the past years, said his administration will not spend time on anything other than producing results.

“This is truly a golden opportunity. You are receiving a golden opportunity to pave the way for full cooperation necessary within the parliament to a government that is solely focused on producing results,” he said.

Citing the aforementioned reasons, he urged the public to vote for ruling PPM-PNC coalition’s candidates contesting in the parliamentary election slated for Sunday.

MDP has the largest number of candidates contesting this parliamentary election at 90 constituencies, followed by PPM-PNC coalition at 89 constituencies.

A total of 368 candidates are contesting for 93 constituencies.

Polling stations will be open from 8:00am to 5:30pm on Sunday; a decision made by the Elections Commission earlier today, which is undertaking final preparations for the election.

Source(s): sun.mv

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EU, Finnish leaders call for de-escalation amid Iran-Israel tensions

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HELSINKI, April 19 (Xinhua) — European Commission President Ursula von der Leyen and Finnish Prime Minister Petteri Orpo on Friday urged de-escalation amid Iran-Israel tensions.

They made these comments at a press conference held at southeastern Finland’s Lappeenranta airport on Friday. The event followed a visit to the Finnish eastern border near the town of Imatra.

“We must do everything possible to ensure that all sides refrain from escalating the situation in the region,” said von der Leyen. She emphasized the necessity for stabilizing in the region.

Orpo expressed hope that both sides would avoid retaliatory attacks.

According to local media reports, the purpose of their visit to the eastern border was to inspect a pilot fence, about three kilometers long, built near the Imatra border crossing.

Source(s): Xinhua

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Blinken says U.S. not involved in Israeli attack against Iran

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U.S. Secretary of State Antony Blinken said Friday that he can’t speak to media reports about the details of an Israeli attack against Iran overnight, stressing that the United States was not involved in any offensive operations by Israel.

“The reports that you’ve seen, I’m not going to speak to that, except to say that the United States has not been involved in any offensive operations,” Blinken told a press conference in Italy as he wrapped up a meeting with foreign ministers of the Group of Seven (G7) countries.

He was responding to a reporter’s question seeking confirmation of media reports saying Washington received advance warning from Israel on Thursday of an imminent strike against Iran in retaliation for Tehran’s assault on Israel last week.

“What we’re focused on, what the G7 is focused on, and again, it’s reflected in our statement and in our conversation, is our work to de-escalate tensions, to de-escalate from any potential conflict,” Blinken said in what were first public remarks on the Israeli attack by a cabinet member of U.S. President Joe Biden’s administration.

What Blinken also refused to address during that round of questions and answers was the White House’s assessment of whether the Israeli strikes were over and if Iran would retaliate.

Earlier on Friday, Iran’s air defense systems shot down several “flying objects” near the central city of Isfahan, according to the semi-official Fars news agency.

The Israeli side has not yet made any announcement regarding the attack.

Source(s): CGTN

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