Hourly News 2013-06-19
    2013-06-20 10:44:07     CRIENGLISH.com       Web Editor: Han

 

Chinese President meets Cuban VP on stronger ties

Chinese President Xi Jinping has met with Cuba's vice-President here in Beijing.
Xi Jinping has told Miguel Diaz-Canel it's the Chinese government's desire to maintain bilateral high-level exchanges with Cuba.
He also says China wants to increase its cooperation with Latin American and Caribbean countries.
For his part, Diaz-Canel says Cuba sees building ties with China very important.
Diaz-Canel is set to conclude his three-day China visit later today.

China, Ghana work closely to tackle illegal mining

China's ambassador to Ghana says China and Ghana are working closely to deal with the Chinese nationals involved in illegal gold mining in the West African country.
Gong Jianzhong says the Chinese government has dispatched two working groups to Ghana to deal with the issue.
This comes after the authorities in Ghana launched a wide-sweeping campaign against illegal mining.
Many foreign nationals, including hundreds of Chinese nationals, have since been arrested by Ghanaian security forces.
A Chinese work team arrived in Ghana last week to deal with the issues connected with the Chinese nationals caught in the sweep.
The Chinese side is also appealing to the Ghanaian authorities to help stop the looting of Chinese work camps.

UN Palestine meeting convenes in Beijing

A UN conference in support of a two-state solution in the Israeli-Palestinian conflict is underway here in Beijing.
The 2-day meeting is meant to try to spur more international engagement in the Palestinian issue.
Assistant Secretary-General for Political Affairs Oscar Fernandez-Taranco says achieving a two-State solution is more urgent than ever as the region is becoming increasingly unstable.
He also notes tensions have been mounting in the West Bank because of continued Israeli settlement construction.
Israeli settlements have increased 176-percent in the first quarter of this year.

G8 leaders condemn use of chemical weapons in Syria

The latest G8 summit has come to a conclusion in Northern Ireland.
In wrapping up the session, the leaders of the world's 8 largest industrialized economies have issued a final communique.
As part of the statement, the group has condemned the use of chemical weapons in Syria.
The G8 leaders are also calling on both sides in the Syrian conflict to allow UN investigators in to conduct a full investigation.
Much of the G8 summit in Northern Ireland has been dominated by the situation in Syria.

Mali gov't, Tuareg rebels sign truce agreement

The government of Mali and the country's indigenous Tuaregs have signed a truce.
This comes over a year after Tuareg rebels used a military coup in the country to take over the northern Sahara region of the West African country.
The deal also sets an election date of July 28th.
The agreement also includes sending in the Malian army into the area around the city of Kidal in the northeast of Mali, which is the last holdout of insurgent forces.
While the MNLA rebel group is a signatory to the agreement, al-Qaeda-linked forces were not part of the negotiations.
Al-Qaeda forces eventually wrested power from the Tuareg forces following their successful campaign in March of last year.

Russia evacuates 6,000 residents over ammunition explosions

Around 6-thousand people have been move from their homes following a series of explosions at an ammo depot near the Russian city of Samara.
The city is located around a thousand kilometers southeast of Moscow.
At least 5 explosions have ripped through the ammunition depot, injuring at least 22.
The blasts were strong enough to break windows at least 15-kilometers away from the site of the explosions.
Russian authorities say around 13-million projectiles are stored at the site.

China's central bank signals no policy loosening

China's cenral bank has drained 2-billion yuan from the money market, despite banks' reported call for a cash injection.
It's being suggested the move shows regulators are keen to keep liquidity tight amid growing jitters about China's broader financial risks.
The Shanghai Interbank Offered Rate, or SHIBOR, rose to 5.6 percent on Tuesday.
UBS is suggesting the spike in the rates may have been caused by a significant drop in foreign exchange inflows, on top of under-estimated liquidity demand.

Smithfield asks shareholders to approve acquisition by Shuanghui

The board of Smithfield Foods has reaffirmed its recommendation its shareholders approve the takeover by Chinese meat producer Shuanghui.
The comment comes in response to an objection to the buyout from a major shareholder.
Shuanghui has agreed to buy Smithfield for around 7.1 billion U.S. dollars, or 34 dollars per share.
However, investment group Starboard Value, which holds a 5.7-percent stake in Smithfield, is suggesting a piece-by-piece sale of the company could worth between 9 to 11-billion.

Huawei unveils 'slimmest' smartphone

Huawei has unveiled the world's thinnest smartphone.
The Android-based Ascend P6 is only 6.18 mm thick.
Huawei designed one of the slimmest and narrowest circuit boards ever created to squeeze the electronics into the new handset.
Huawei is the world's fourth largest smartphone maker after Samsung, Apple and LG.

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