News - Government

Strong Growth Outlook for CHINA confirmed by ADB

HONG KONG, CHINA, Sep 28, 2010 (Washington Bangla Radio) - The resurgent People’s Republic of China’s (PRC) economy remains on track to grow 9.6% this year, and 9.1% in 2011, but policymakers will need to boost domestic consumption to make growth more sustainable and inclusive in the long term, says the Asian Development Bank (ADB) in a major new report.

The Asian Development Outlook 2010 Update (ADO Update), released today, left growth forecasts for the PRC in 2010 and 2011 unchanged from ADB’s projections in April. It noted that next year’s mild pullback in growth reflects an expected phase out of stimulus measures adopted in the wake of the global economic crisis, and more subdued industrial output.

India to Grow 8.5% in FY2010, High Inflation, Rising Rupee Pose Threats - ADB

HONG KONG, CHINA (Washington Bangla Radio) - India’s economy is set to expand by 8.5% in the fiscal year to March 2011 (FY2010) but persistently high inflation and a rising rupee could undermine future strong growth, says the Asian Development Bank (ADB) in a major new report.

Philippines 2010 Growth Outlook Upgraded on First-Half Surge

MANILA, PHILIPPINES (Washington Bangla Radio / ADB)  - A strong and broad-based recovery during the first six months of this year will ensure the Philippines records solid growth for 2010, despite an expected moderation in the economic outlook for the next six months, the Asian Development Bank (ADB) says in a new major report.

Identifying Investment Bubbles in China - Poised for Global Dominance or Economic Implosion ?

New York, NY, Sept 25, 2010 (Washington Bangla Radio) Golden Networking will feature at 2nd China Leaders Forum, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?" (, October 6th, New York City, a panel of experts on "Private Equity and Venture Capital Investment Opportunities in China". 2nd China Leaders Forum will examine potential obstacles to foreign investment, how to sustain economic growth after 30 years where average annual GDP growth rate was over 9.5%, as well as the threats and opportunities posed by the world’s biggest economy by 2020, according to the World Bank.

vital issue of UFO incursions at U.S. nuclear weapons sites over past six decades: conference National Press Club Washington DC

By James Carlson, Albuquerque, NM

National Press Club review of UFO interest in nukes scheduled for 27 Sept 2010

Recent internet and and other media advertisements announcing a September 27, 2010 press conference to be held at the National Press Club, Washington, DC intended to address "the vital issue of UFO incursions at U.S. nuclear weapons sites over the past six decades" (please see have forced us to take countering steps to halt this pathetic joke on an apparently credulous American public. One reason for this is the unfortunate fact that during a period of financial insecurity for most of America, the individuals organizing this discussion -- Robert Salas, co-author of "Faded Giant", and Robert Hastings, author of "UFOs and Nukes" -- intend to pay for this farce utilizing the donations of other Americans. Some of us think that's a crime, especially in light of the fact that numerous witnesses to what has since been described as "one of the top ten UFO cases best supported by the evidence" -- the incident supposedly analyzed in the book "Faded Giant", and set as a primary point of discussion for the announced conference -- have come forward repeatedly to assert very convincingly that no such interference by UFOs ever occurred. It is our intention to present the actual facts of this particular case to varied members of the national press establishment in order to ensure that at least somebody at this conference is prepared well enough to ask the participants the necessary hard questions so the whole press conference doesn't turn into a pile of otherwise insignificant fluff intended to stoke civil demands for full disclosure of classified materials discussing such incidents. Most of us are convinced that such people should not have any voice whatsoever regarding the disposition of any classified materials maintained by the Department of Defense, and believe that political and military agendas of this sort should not hinge on the lies of men who make a respectable wage by needlessly frightening as many people as possible; they generate paranoia for money. A firm belief that there are plenty of confirmed and tangible characteristics of modern life that we actually should be paranoid about, coupled with strong proof that this conference is based primarily on easily disputed arguments and undeniable lies that have no basis in historical values or facts is the point of this communication. If these men are going to hold a press conference, the press should be prepared to ask appropriate questions of them.

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