Piao said life never seemed to improve, no matter how hard the inhabitants worked.
Policymakers during the 1960s thought that there was a trade-off between inflation and unemployment, so they cut interest rates to stimulate the economy-judging that an increase in the inflation rate was worth it. In the same period, the US government budget deficit soared to pay for new social programs and the conflict in Vietnam. It turned out that stimulative monetary policies and the resulting inflation could buy short-term employment gains. But the economy soon reverted to an even higher base unemployment rate with long-term higher inflation.
Pompeo arrived in London after making an unannounced visit to Iraq. He previously canceled a scheduled trip to Germany.
Police survey the scene of the Ethiopian Airlines crash on March 10. TIKSA NEGERI/REUTERS
Plus, check out our App of the Week, Picniic, and learn the answer to last week’s GeekWire Trivia Challenge, which won one listener a ticket to the 2016 GeekWire Summit.
Political, economic leaders and experts from China, Malaysia, the United States, Australia and other parts of the world come to together to discuss about boosting economic recovery in the post-pandemic world, and embracing the new normal through enhancing connectivity and advancing technologies in digitalization, AI and blockchain in the new economy.
上海seo网站排名
Police continued searching homes across the Indian Ocean island nation overnight, leading to the detention of 18 more people. That brings the number of people taken in for questioning to close to 60.
Police seized an amount of fake Moutai in a local township in March 2016. Over the following year, they raided several fake Moutai workshops in cities and provinces such Beijing, Chongqing, Zhejiang, Hunan and Guizhou's Guiyang and Renhuai, seizing a total of 7,488 bottles of fake Moutai.
Police Chief Samuel Butler urged people to remain calm and share their GPS coordinates, but he said rescue crews had to wait until weather conditions improved.
Photo taken on May 15, 2017 shows the site of a traffic accident on a national highway in Yingtan, East China's Jiangxi province. Ten people have been killed and another eight are severely injured following a traffic accident here on Monday afternoon. [Phoro/Xinhua]