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BerichtGeplaatst: 03-07-2018 10:48:46    Onderwerp: Philadelphia Phillies T-Shirts Reageren met citaat

LISBON, May 11 (Xinhua) -- Portuguese President Marcelo Rebelo de Sousa said on Wednesday the country's decrease of exports was due to a global slowdown and not because of a lack of effort by the government.


"I don't share the pessimism of those who say that this is an irreversible sign of a political error or instability in Portugal," Rebelo de Sousa said at a conference at Lisbon's Gulbenkian museum.


The president's comments come a day after the Portuguese national institute of statistics revealed that Portugal's exports dropped in March by 3.9 percent and imports decreased by 0.8 percent compared to the same month in 2015.


The figures showed that total exports of goods slipped 2 percent in the first quarter of this year compared to the same period in 2015, and imports rose 1 percent.


Portuguese exports of goods saw one of the biggest drops in the past seven years, due to a downturn in customer purchases from Angola, China, Germany and Brazil.


Portugal exited a 78 billion euro bailout program in 2014. After three years of harsh austerity, the new Socialist government, backed by the Left Bloc and Portuguese Communist Party, has promised to turn a page on austerity, leading to recent friction between the European Union and the government's budget plans.


Portugal's debt is still at 129 percent of GDP (gross domestic product) and international institutions have warned that Portugal is unlikely to meet the targets set in its budget plan.


Portugal's Socialist Prime Minister Antonio Costa predicted growth of 1.8 percent this year and a budget deficit cut to 2.2 percent of GDP.

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BEIJING, Jan. 21 (Xinhua) -- Chinese stocks continued to dive on Thursday, with Shanghai dipping below the 2 Mike Schmidt Jersey ,900-mark, again, as market sentiment remained fragile despite the steadier currency rate and more liquidity injected into the capital market.


The benchmark Shanghai Composite Index lost 3.23 percent to close at 2,880.48 points. While Shenzhen dropped 3.77 percent to close the day at 9,975.97 points.


The ChiNext Index Philadelphia Phillies Hoodie , the NASDAQ-style board of growth enterprises, dived 4.18 percent to close at 2,112.40 points.


The ChiNext reclaimed its role as the worst performing index after its excellent debut earlier this week.


Total turnover on the two bourses waned, standing at 536.2 billion yuan (81.76 billion U.S. dollars).


Losers outnumbered gainers by 957 to 44 in Shanghai and 1,470 to 81 in Shenzhen.


Chinese shares inched into positive territory after a weak session on Thursday morning. Both Shanghai and Shenzhen indexes resumed the downtrend after midday and wobbled during the whole afternoon session.


The losses increased near closing Philadelphia Phillies Hats , with the benchmark Shanghai Composite Index nose-diving more than 3 percent.


The oil industry suffered, as global oil prices continued to drop. PetroChina Company Ltd. lost 2.68 percent and closed at 7.26 yuan.


Sub-indices related to aviation, electricity and steel were also among the worst performers on Thursday, with losses spread over all sectors.


Stocks edged up in the morning session as China's central bank continued to ease liquidity strain for the financial system, following its pledge earlier this week to channel more than 600 billion yuan before the upcoming Spring Festival holiday.


According to the People's Bank of China (PBOC) Philadelphia Phillies T-Shirts , another 400 billion yuan (60.8 billion U.S. dollars) will be injected into the financial system through reverse repurchase (repo) operations.

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