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New report warns about environmental, health costs of westernized diets

The globalization of western eating habits is "bad for environmental health as well as human health," according to a study published Wednesday in the British scientific journal Nature.

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APEC Beijing meetings enhance Asia-Pacific partnership

The 22nd Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting, which concluded Tuesday in Beijing, has significantly boosted Asia-Pacific partnership.

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WTO World Trade Report 2014 sees opportunities, challenges for developing economies

​The World Trade Organization (WTO) focused on four major trends that have altered the relationship between trade and development in its latest report released on Monday, shedding light on resulting opportunities and challenges for developing economies.

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1st LD Writethru: S. Korea cuts policy rate to record low

​South Korea's central bank on Wednesday lowered its policy rate from 2.25 percent to 2 percent, marking the record low and the identical rate maintained during the global financial crisis.

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China flat panel display makers align against global rivals

Chinese companies in the photoelectric glass industry are seeking to be on par with global rivals as they align domestic peers to improve competence.

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IMFC alerts downside risks of world economy

​The global recovery is continuing but uneven and weaker than expected, and downside risks have increased, global financial chiefs said here Saturday.

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U.S. stocks post strong rebound after Fed minutes

​U.S. stocks bounced back fiercely Wednesday, as investors were reassured by the Federal Reserve's minutes which signaled that the first rate hike may not come soon.

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IMF warns of growing excess in financial risk-taking

​Pacific Island nations have secured a 90 million U.S. dollar tuna deal with the United States, the Pacific Island Forum fisheries Agency (FFA) said.

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IMF warns of downside risks amid uneven global recovery

​The International Monetary Fund (IMF) on Tuesday lowered its global economic growth forecasts for the third time this year, warning that the global recovery remains uneven and downside risks have increased compared with the spring.

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Obama calls for joint efforts to address climate change

​U.S. President Barack Obama on Tuesday urged world leaders to make concerted efforts in tackling climate change, saying American efforts to cut greenhouse gas pollution cannot accomplish the goal alone.

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G20 united about boosting global economy

​G20 finance ministers and central bank governors said on Sunday that growth in the global economy remains below the pace required to adequately generate much needed jobs, but planned action through infrastructure investment and other measures will help boost the global economy.

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China's global LEI registration system into operation

China's central bank announced on Monday that an online system for the registration of Legal Entity Identifiers (LEI) has been established and put into operation, joining a global effort to strengthen financial stability.

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Optimism not cynicism drives BRICS development

In contrast to the West's cynicism about the economic prospects of BRICS, China has nothing but confidence for over 40 percent of the world's population.

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IMF to further financial cooperation with BRICS

Chief of the International Monetary Fund (IMF) Christine Lagarde Wednesday congratulated the establishment of a new reserve arrangement by the BRICS countries, expressing her will to work with them to ensure global financial stability.

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24th ASEAN leaders' meeting opens in Myanmar capital, focusing on ASEAN Communit

The 24th Association of Southeast Asian Nations (ASEAN) leaders' meeting opened here Sunday morning, an event that Myanmar President U Thein Sein described as a symbol of "unity and dedication for building a better future for the region and the peoples."

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New reform offers world "China opportunities"

Amid uncertain global economic recovery, China's reform plans as pledged by Premier Li Keqiang, which cover everything from the economy to the environment, bring opportunities for world development.

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India tops list of largest share of extreme poor people in world: UN

India tops the list of countries with the largest share of global extreme poor, taking up over 30 percent of the global extreme poor, said a U.N. report published here Wednesday by the Indian government.