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While the talking heads on the financial networks tell us that we are really not in a recession, America has already been in a situation that some compare to the Great Depression of the 1930s. Ideologically driven wars bankrupted the nation that started them. Money printed on the back of debt saddling generations to come is paid in extravagant bonuses to already grossly wealthy investment bankers and Big Tech CEOs who created all this mess together with Wall Street kingmakers for their own aggrandizement.

While the Jianghai Zhida 1 is still conducting trials, the institute has started the design of a dual sea-river container ship that can carry 738 20-foot-equivalent unit containers, and a 10,000-ton multifunctional ship that can carry both containers and bulk cargo.

While there are no comprehensive, authoritative press packets available that provide a full overview of all topics to be tabled at the multi-day event in the nation's capital, one issue on the front burner at this year's two sessions is poverty eradication.

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While scratchings on the Great Wall at the Badaling and Mutianyu sections are not new, particularly among Chinese visitors, the behavior has now attracted the eye of foreign tourists, including Bobby Brown, an NBA player, who cribbled his name and number on the Great Wall in October 2016.

While exposure of hidden debt could reduce risks, the fact that local governments do not have monetary sovereignty makes it harder for them to contain risks compared to the central government, making rigid budget constraints a necessity, said Zhao Quanhou, director of the financial research center at the Chinese Academy of Fiscal Sciences under the MOF.

While states have mostly recovered since the 2007-2009 recession, their revenue growth has not always kept pace with the national economy. In some states without full budgets, including Connecticut and Pennsylvania, lower-than-anticipated income tax collections exacerbated budget gaps and led to disputes over how to close them.

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While society at large, the Hong Kong Bar Association and Law Society of Hong Kong condemn violence targeting the courts, legal constituency lawmaker Dennis Kwok Wing-hang seems unconcerned about it, Tse said.

While in Europe earlier this month, Li reaffirmed that China would stand by its commitments made to the Paris Agreement and join forces with other parties to address the challenges of climate change.

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While the giving of diamond jewelry as a token of love and commitment continues to constitute the majority of purchases, it's encouraging to see these additional sources of demand emerge, according to De Beers Chief Executive Officer Bruce Cleaver.

While it's difficult to predict the specific timing of the next recession, the economic expansion will not last forever. The current economic expansion began in mid-2009 after a recession caused by the 2008 global financial crisis. It has become the second-longest economic expansion in American history.