NEW DELHI， July 28 (Xinhua) -- India's Nehru-Gandhi scion Rahul Gandhi took a dig at Indian Prime Minister Narendra Modi Thursday over price rise and made a scathing attack on him over the issue.
"Modi has forgotten the promise he made to the people of India. The poor don't get food to eat， they drink their tears and go to sleep，" Gandhi said during a debate on price rise in the Parliament.
"You talk about Start Up India， Make In India， but not about price rise. I want to remind the Prime Minister about the promise he made to every Indian， that the Bharatiya Janata Party will control price rise after coming to power，" he said.
Gandhi， who is also the second-in-command of the country's main opposition Congress party， also urged the premier to do his best to control price rise， questioning， "Why did Modi not say anything on price rise while celebrating two years of the government?"
Price rise is a burning issue in India at present. The Indian government claims to be taking steps to contain inflation， one of the causes that cost the Congress the general elections in 2014.
UNITED NATIONS， July 15 (Xinhua) -- The UN Office for the Coordination of Humanitarian Affairs (OCHA) said that Southern Africa is experiencing the worst El Nino-induced drought in 35 years， following the failure of two consecutive rainy seasons， a UN spokesman told reporters here Friday.
Nearly 40 million people in the region are food insecure， UN spokesman Stephane Dujarric said at a daily news briefing here.
The UN assistant secretary-general for humanitarian affairs， Kyung-wha Kang， is scheduled to visit Malawi and Madagascar on July 16-22 to see the impact of El Nino in Southern Africa， he said.
During her visit， Kang is expected to meet representatives of affected communities， government officials and humanitarian representatives in Malawi and Madagascar to discuss the effects of the drought and the efforts currently underway to address people's needs， he added.
This year's El Nino is taking place in a world already dramatically affected by climate change.
More extreme weather events are expected in the future， and these hit the poorest communities -- those least responsible for climate change -- first and hardest.
Aid is not enough; a longer term approach is required in order to build the resilience of the most vulnerable. Enditem
US retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted discretionary spending
cheap nike air vapormax , suggesting the economy continued to gain pace early in the third quarter.
Retail sales for June and May also were revised higher, which should help to assuage concerns about consumer spending, But persistently sluggish wage growth has pushed Americans to dip into their savings to fund spending. Economists say wage growth has to pick up to sustain consumer spending.
“American shoppers flocked to the malls and even department stores in July
cheap nike air max 2017 mens , suggesting consumers are well-positioned to propel the economy forward in the second half of the year,” said Sal Guatieri, a senior economist at BMO Capital Markets in Toronto.
The Commerce Department said yesterday that retail sales added 0.6 percent last month
cheap nike air max 2017 womens , the largest gain since December 2016. June’s retail sales were revised to show a 0.3 percent gain instead of the previously reported 0.2 percent drop.
Economists had forecast retail sales adding 0.4 percent in July. May’s retail sales were revised to show no change instead of the previously reported 0.1 percent dip. Retail sales jumped 4.2 percent in July on a year-on-year basis.
Excluding automobiles, gasoline, building materials and food services
cheap nike air max 2017 grey , retail sales rose 0.6 percent last month after an upwardly revised 0.1 percent gain in June. These so-called core retail sales, which relate most closely with the consumer spending portion of gross domestic product, were previously reported to have dipped 0.1 percent in June.
Prices of US Treasuries extended losses after the data while the dollar gained against a basket of currencies. US stock index futures were trading higher.
Consumer spending
cheap nike air max 2017 red , which accounts for more than two-thirds of US economic activity, increased at a 2.8 percent annualized rate in the second quarter. That boosted GDP growth to a 2.6 percent rate in the April-June period.
The acceleration in consumer spending in the second quarter came at the expense of savings, a trend that economists say is unsustainable. Annual wage growth has struggled to break above 2.5 percent.
The saving rate has dropped to 3.8 percent in the second quarter of this year from 6.2 percent in the second quarter of 2015. Low savings and tepid wage growth suggest households would need to borrow to maintain spending.
“The decline in the saving rate
cheap nike air max 2017 white , however, raises some longer-term concerns about consumer spending,” said Michael Feroli
cheap nike air max 2017 black , an economist at JPMorgan in New York. “Savings can’t drop indefinitely and future consumption growth will need to rely on stronger income growth.”
Motor vehicle sales climbed 1.2 percent in July, the biggest rise since December 2016, after advancing 0.9 percent in June. Faced with a huge inventory of unsold cars
cheap nike air max 2017 flyknit , auto dealerships are resorting to hefty discounts to attract buyers.
Prices for new motor vehicles saw their biggest drop in nearly eight years in July and have fallen for six straight months. Prices could fall more as a separate report from the Labor Department yesterday showed the cost of imported motor vehicles fell in July for the second straight month.
by Fei Liena, Qiu Xia
BEIJING, May 6 (Xinhua) -- Six years ago
cheap nike air max 2017 leather , Vietnamese girl Nguyen Ngoc Anh Thu messed up an important job interview. Ethiopian guy Wen Di was lucky to meet his talent.
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