US Central Bank Chief: Deficits 'Unsustainable'

The U.S. government said this week it expects to run a $1.1 trillion deficit for the year ending in September, a drop from 2011, but the fourth straight year deficits have totaled more than $1 trillion. President Barack Obama and Congress embarked la

US Trade Deficit Grows

The U.S. trade deficit got nearly 4 percent worse in December as a reviving economy boosted demand for imported goods. Both imports and exports hit record highs, but imports grew even more than the flow of goods exported from the United States. Frida

IMF, World Bank Warn Against Complacency

The International Monetary Fund and the World Bank stressed the need for continued cooperation（合作协作） among world economies, saying the global financial system remains vulnerable to further shocks. The warning comes as the world lending in

Marino replaces Malesani to coach Genoa

ROME, Dec. 22 (Xinhua) -- Pasquale Marino was named to coach Genoa in place of Alberto Malesani, the Serie A side confirmed on its website on Thursday. The replacement came after a series of poor results for the club with a lastest 6-1 defeat in Napl

Real Madrid book place in last 8 of Champions League

MADRID, March 14 (Xinhua) -- Real Madrid had few problems in qualifying for the last eight of the Champions League as they defeated CSKA Moscow 4-1 in the Santiago Bernabeu Stadium on Wednesday night. The win, which came thanks to goals from Gonzalo

Typhoon Kai-Tak kills 3, displaces 100,000 in S China

NANNING, Aug. 20 (Xinhua) -- Typhoon Kai-Tak has left three people dead, one person missing and forced over 111,500 people to evacuate their homes in southwest China's Guangxi Zhuang autonomous region as of Monday afternoon, local civil affairs autho

Chinese peacekeepers complete mission in South Sudan

BEIJING, Nov. 13 (Xinhua) -- A team of 14 Chinese police officers returned to Beijing on Tuesday after finishing a year-long peacekeeping mission in South Sudan, the Ministry of Public Security said. The team was the first Chinese peacekeeping team t

Beijing police run drill ahead of political sessions

BEIJING, Feb. 24 (Xinhua) -- Police in Beijing municipality have performed an emergency response drill in their preparations for the country's annual legislative and political advisory sessions, a police officer said Friday. The drill was organized t

Whitney's daughter to appear on Oprah

BEIJING, March. 10 (Xinhuanet) -- TV's chat show queen, Oprah Winfrey, has interviewed the late Whitney Houstons 19 year-old daughter Bobbi Kristina Brown. The result is set to be screened on Sunday, one month after the singers death. Bobbi will disc

Suspect in U.S. Arizona shooting rampage appears in court

PHOENIX, the United States, Jan. 10 (Xinhua) -- Jared Loughner, the suspect in Saturday's rampage shooting in Tucson, the U.S. state of Arizona, appeared in court on Monday afternoon to face felony charges. The Sandra Day O'Connor Federal Courthouse（

Microsoft quarterly earnings beat estimates

SAN FRANCISCO, July 21 (Xinhua) -- Microsoft Corp. on Thursday posted strong quarterly earnings in its fourth fiscal quarter, with profit and revenue beating expectations from Wall Street analysts. For the quarter ended June 30, the world's largest s

Apple plans 5th store in booming China market

BEIJING, July 25 (Xinhuanet) -- Apple is planning a third, even larger Shanghai store, as well as dozens of other stores throughout China, to cope with huge crowds at its flagship store and a branch, according to media reports Monday. Apple says its

Obama Midwest Bus Tour Focuses on Economy

President Barack Obama is in the U.S. midwest on what the White House calls an economic bus trip through politically important states as he ramps up campaigning for the 2012 presidential election. The president faces some new poll numbers reflecting

Cuba warms up for World Cup qualifiers in Brazil

RIO DE JANEIRO, May 27 (Xinhua) -- Cuba' s national soccer team will this week warm up for its June World Cup qualifiers with matches against Brazil' s Mogi Mirim and Ponte Preta. The Caribbean nation will confront Mogi Mirim at the Romildo Ferreira

Cuba qualify for Olympics both 4X400 meter relays

HAVANA, July 3 (Xinhua) -- Cuban men and women 4X400 meter relays will compete in the London Olympic Games, which will began on July 27, International Association of Athletics Federations ( IAAF) said Tuesday. IAAF published in its website the list o

Joy in Cuba for gold medals at London Olympics

HAVANA, Aug. 3 (Xinhua) -- The Cuban people are very happy with joy after hearing the first two gold medals from two athletes on Friday in London Olympics. On Friday, Shooter Leuris Pupo grabbed Cuba's first gold medal of the London Olympics with a v

Cuban judoka wins Ippon trophy

Cuban judoka wins Ippon trophy HAVANA, Oct. 29 (Xinhua) -- Cuban judo star Maricet Espinosa won the Ippon trophy at the 2012 World Team Judo Championships held over the weekend in northeastern Brazil's city of Salvador de Bahia, local media reported

Cuban pitcher Pedroso dies in accident after returning from WBC

HAVANA, March 17 (Xinhua) -- Cuban pitcher Yadier Pedroso Gonzalez died Saturday night in a traffic accident in his homeland Artemisa, in western Cuba, sports daily JIT reported Sunday. He and other two people were traveling in a car which crashed, a

Chinese police come down hard on economic crime

BEIJING, June 12 (Xinhua) -- Police have busted more than 130,000 cases of economic crime and dealt with 60,000-plus suspects since a crackdown on economic crime began three months ago. A total of 180,000 cases involving some 23 billion yuan (3.6 bil

Former Real Madrid hero, Zarraga, dies aged 81

MADRID, April 4 (Xinhua) -- Real Madrid announced this Wednesday that former captain, Jose Maria Zarraga had died on Tuesday at the age of 81. Zarraga, who was born in 1930 in the Basque country, began his carear with Las Arenas Getxo, before signing