Belt and Road youths to show speaking talentEnglish Speakin

Belt and Road youths to show speaking talentEnglish Speakin

The Belt and Road Youth English Speaking Competition took place in Hangzhou, Zhejiang province on March 23.

The event brought together 31 contestants from about 30 countries and regions involved in the Belt and Road Initiative.

Jointly organized by China Daily, Hangzhou Municipal Govern

ment and the English-Speaking Union, the event aims to provide a platform for youngsters to ga

in a deeper understanding of China through language and cultural exchange and foster cross-cultural communication.

The Second Beilun River Bridge opened to traffic on March 19. It connects the Chinese city of Dongxi

ng with the Vietnamese city of Mong Cai, two important trade cities along the border between the two countries.

The new bridge spans 549 meters across the border river between China and Vietnam and is built to the first-class high

way standard. Construction started in 2014 and was completed in late 2017, costing a total of 220 million yuan ($33 million).

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Brexit is costing the UK economy $1 billion a week. And it could

Brexit is costing the UK economy $1 billion a week. And it could

  rexit has been delayed, and may eventually be called off. But it’s already done major damage to the UK economy.

  The vote to leave the European Union in June 2016 caused the pound to weaken drama

tically and ushered in years of uncertainty that has reduced economic activity and triggered a slump in investment.

  The economy is now 2% smaller than it would have been if the United Kingdom had chosen to remain in the bloc, according to the Bank of England. The econ

omic output lost since the referendum is worth about £800 million ($1 billion) per week, or £4.7 million ($6 million) per hour.

  The economic consequences have piled up despite there having been no struct

ural changes yet to Britain’s trading relationship with EU nations or the rest of the world.

  Britain has continued to sell goods and services into the European Un

ion, its biggest trading partner, while politicians worked to negotiate the divorce. It has been

easy for UK companies to hire EU workers, and to maintain supply chains that crisscross national borders

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Top officials at the Confederation of British Industry and t

Top officials at the Confederation of British Industry and t

  he Trades Union Congress said Thursday that Britain faces a “national emergency” if politicians allow that to happen.

  ”Firms and communities across the United Kingdom are not ready for this outcome. Th

e shock to our economy would be felt by generations to come,” they wrote in a letter to May.

  McDonald’s (MCD) and KFC (YUM) joined with UK supermarkets to warn that crash

ing out of the European Union would disrupt supplies. Airbus has said that it would be forced to redirect future inv

estment away from the United Kingdom.What can the UK achieve in three weeks that it couldn’t in three years?

  The most obvious answer to this is, worryingly for some, not very much.

  While the European Union offered Prime Minister Theresa May — and her vision fo

r Brexit — a final lifeline this week, it did so with caveats and, crucially, harder deadlines than before.

  It’s these deadlines that European leaders hope will focus the minds of British la

wmakers as they return to the House of Commons to try and find a way out of the Brexit deadlock.

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Liu Gang, the founder of PayNews.net, a Hangzhou-based

Liu Gang, the founder of PayNews.net, a Hangzhou-based

online news service focusing on China’s mobile payment industry, said to Securities Daily he

expects the run-up of cashless payments will maintain for three to five years until it takes up as much sha

re of consumption as possible, as consumers incrementally wade farther into cashless payments.

Data from PBOC revealed banking financial institutions in 2018 conducted 220.31 billion deals in non-cash paym

ents involving 3,768.67 trillion yuan, a rise of 36.94 percent and 0.23 percent year-on-year respectively.

In the same period non-banking payment institutions, mainly referring to third-party online payment service providers, had 530.61 b

illion deals, surging 85.05 percent, and the transaction volume was 208.07 trillion yuan, up 45.23 percent fro

m the previous year. Mobile payment platforms Alipay and WeChat Pay occupy over 90 percent of market share.

By the end of 2018, a total of 424 commercial banks and 115 payment institutio

ns were connected to a unified clearing platform set up by the Payment and Clearing Association of China, PBOC said.

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Purrfect! A smart shelter powered by AI keeps stray cats warm in

Purrfect! A smart shelter powered by AI keeps stray cats warm in

A constant temperature of 27 degrees, a water bowl that never freezes, a comfy mat, and no dogs allowed.

Those are the amenities for felines in a neighborhood in Beijing’s Sh

unyi district, where stray cats can loll around contentedly all winter, nibbling food and sipp

ing water, safe from the weather and provided with love through an artificial intelligence platform. It is purrfection.

Wan Xi, an engineer at Baidu Brain-the open AI platform of Baidu-had the idea of build

ing a smart shelter for strays when he found a kitten huddled on his car tire in the winter of 2017.

Winter is rough for stray animals, as they require extra calories to stay warm. Only around 40 perc

ent of stray cats find enough food and shelter to make it through the harsh temperatures.

Although volunteers offer water, food and even heating pads to stray animals, Beijing’s freezin

g winters can turn a bowl of water into ice before a cat can drink. Many stray cats don’t live more than two ye

ars. Those that are not neutered or spayed face more health problems and spawn more homeless cats.

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Taking into account the Trial Chamber’s conclusions reflec

Taking into account the Trial Chamber’s conclusions reflec

ting the magnitude of Karadzic’s crimes, the Appeals Chamber is in agreement with the Prosec

ution’s position and considers that the 40‐year sentence inadequately reflects the extraordinary gra

vity of Karadžić’s crimes as well as his central and instrumental participation in four joint criminal enterprises,” said the judge.

“Given the above, the Appeals Chamber considers that the sentence of 40 years imposed by

the Trial Chamber underestimates the extraordinary gravity of Karadzic’s responsibility and his inte

gral participation in ‘the most egregious of crimes’ that were committed throughout the entire period of the con

flict in Bosnia and Herzegovina and were noted for their ‘sheer scale’ and ‘systematic cruelty,'” added Joensen.

The now 73-year-old Karadzic led the breakaway Serbian entity of Republic of Srpska, located w

ithin Bosnia, during the Balkan wars of the 1990s that were initiated by the breakup of former Yugoslavia.

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Indian billionaire arrested in London over alleged $2B fraud

Indian billionaire arrested in London over alleged $2B fraud

K police have arrested India’s billionaire diamond dealer Nirav Modi

in London over his alleged involvement in a bank fraud that could be worth $2 billion.

Modi was arrested Tuesday on “behalf of the Indian authorities,” acco

rding to a statement from London’s Metropolitan Poli

ce, and is set to appear at Westminster Magistrates’ Court Wednesday.

Punjab National Bank, one of India’s largest, reported fraudulent activity at one of its branches more than a year ago.

India then issued an Interpol Red Notice for Modi’s arrest and London authorities were asked to pr

oceed with it, said a spokesperson for India’s Enforcement Directorate. The Indian foreign ministry sai

d in a statement it welcomed the arrest, and would seek to extradite Modi as soon as possible.

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Modi and officials at the bank allegedly issued fraudulent Lette

Modi and officials at the bank allegedly issued fraudulent Lette

Letters of Undertakings to overseas banks to obtain buyer’s credit, according to India’s Central Bureau of Investigation (CBI).

“Investigation further revealed that the fraud was allegedly perpetrat

ed despite the knowledge of senior officials of Punjab National Bank, who did not impl

ement the circulars and caution notices issued by the Reserve Bank of India regarding safeguarding the SWIFT oper

ations and instead, misrepresented the factual situation to RBI,” according to a statement from the CBI last year.

The CBI has raided dozens of offices and seized property worth millions of dollars belonging to Modi, who denies all wrong

doing. He has already been charged by the bureau for criminal conspiracy, fraud and corruption.

Forbes once ranked Modi as India’s 85th richest man, with a net worth of $1.8 billion.

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After rejecting May’s Brexit deal last week, MPs voted in favor

After rejecting May’s Brexit deal last week, MPs voted in favor

  tension to the withdrawal process, given the unlikelihood of agreeing a deal before Mar

ch 29. May is expected to ask the remaining 27 EU member states for a delay at this week’s summit.

  It’s possible the EU may propose a long extension to the Brexit process and require the UK to take part in the upcoming European elections in May.

  Downing Street has used the prospect of a lengthy delay — which could be used to force a second

referendum — to try to persuade Brexiteer lawmakers that they risk losing Brexit altogether if they don’t vo

te for May’s deal.The man who opened fire on two New Zealand mosques last week may have succeeded in killing 50 pe

ople, but the country’s leader has promised to deny him the one thing he truly wanted: Notoriety.

  ”You will never hear me mention his name,” Prime Minister Jacinda Ardern told the New Zealand Parliament Tuesday.

  ”He is a terrorist, he is a criminal, he is an extremist, but he will, when I speak, be nameless, and

to others I implore you: Speak the names of those who were lost rather than the name of the man who took t

hem. He may have sought notoriety but we in New Zealand will give him nothing — not even his name.”

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I think Chinese basketball needs to get to a place where they

I think Chinese basketball needs to get to a place where they

say playing well at one tournament isn’t enough, we want more,” said the Los Angeles Lakers legend, a frequent visitor to China since 1997.

“Now you have to take it to another level … can’t just be comfortable

being here. It’s time to push the next generation to try to get on the medal podium.”

Rescheduled from 2018 to avoid a clash with FIFA’s soccer World

Cup, this year’s tournament has expanded from 24 to 32 teams, who emerged from a revamped quali

fication system that lasted 18 months and aimed to involve as many countries as possible.

“This allows us to go into more markets and to create long-lasting excitement around th

e event,” said FIBA secretary-general Andreas Zagklis, who was appointed in December.

Zagklis is also confident that the joint efforts between FIBA and the CBA will leave a lasting legacy for Chinese basketball after the World Cup.

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