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 Posted: 18-01-2019 04:22:05 Post subject: Understanding economic signals and taking |
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BOGOTA Cheap San Diego Padres Jersey , Aug. 11 (Xinhua) -- Colombia's Supreme Court has subpoenaed President Juan Manuel Santos to give testimony in a corruption case involving Brazilian construction giant Odebrecht, local media said on Friday.
The defendant in the case is Senator Bernardo Elias, who was arrested on Thursday on charges of accepting bribes from the firm, among other crimes.
The senator's defense team also requested the court call Vice President German Vargas Lleras and nearly the entire cabinet to testify on Elias' behalf Cheap San Francisco Giants Jersey , including the ministers of finance, foreign affairs, defense, housing Cheap Seattle Mariners Jersey , justice, agriculture, culture and health.
The ministers were all signatories of a 2014 document calling for the construction of a highway that Odebrecht was contracted to build.
Elias has also been accused of money laundering, illicit enrichment Cheap St. Louis Cardinals Jersey , influence peddling and fraud.
Interior Minister Guillermo Rivera said Santos and his ministers were all willing to testify as part of the investigation.
Revelations that Odebrecht ran an international bribery scheme to win lucrative public works contracts has launched investigations into graft throughout Latin America.
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BEIJING, Aug. 13 (Xinhua) -- China is well-positioned to achieve steady economic growth thanks to the development of the Belt and Road Initiative, according to a senior U.S. economist.
"The Chinese economy has experienced a slowdown Cheap Tampa Bay Rays Jersey , but the worst is over now and the Belt and Road Initiative will help prevent it from being worse," Pippa Malmgren, president and founder of DRPM Group, told Xinhua.
The B&R Initiative helps China build links to the rest of the world and create GDP outside the country through increased exports and overseas investment Cheap Texas Rangers Jersey , according to Malmgren, who once served as advisor to former U.S. President George W. Bush for economic policy and financial markets.
Malmgren pointed out that it is important to observe qualitative signals in daily life that indicate economic trends in addition to quantitative indicators like GDP and CPI.
Malmgren is author of "Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy."
Understanding economic signals and taking actions accordingly will help avoid the appearance of "Black Swans" and "Grey Rhinos," which may appear due to ignorance of certain trends, she added.
Malmgren observed that the global economy is facing rising inflation as people have to pay the same price |
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