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PARIS Cheap Air Max 90 Wholesale , July 27 (Xinhua) -- France will "temporarily" nationalize the STX France shipyard, the country's strategic shipyard that produces aircraft carriers and warships, following a dispute with Italy over ownership Cheap Air Max Wholesale , Economy Minister Bruno Le Maire announced Thursday.

 

"We have taken the decision to exercise the state's right of pre-emption on STX," the minister said.

 

"The shipyard is not destined to remain under state control. The pre-emption decision is temporary and should give us the time to negotiate in the best conditions," he added.

 

Divergence appears between Paris and Rome over STX France capital split after Italian officials refused French proposal of 50-50 stake.

 

In May Cheap Nike Air Max 2018 Mens , Fincantieri, Italian state-run shipbuilder, proposed 79.5 million euros (92.83 million U.S. dollars) to seize for two-thirds of STX France Cheap Nike Air Max 90 Mens , which is offered for sale following the collapse of its South Korea parent, STX.

 

According to Le Maire, the fifty-fifty capital was "a fair proposal (which) helps preserve the strategic interests of France while associating ... Italian friends with French shipbuilding".

 

"We will continue to negotiate on this basis with our Italian friends in the coming days Cheap Nike Air Max Mens ," he said, adding that he would fly to Italy next week.

 

Xi says China must strive for great victory of socialism with Chinese characteristics

 

Railway linking Changchun, Baicheng and Ulanhot in test operation

 

Zhujiajian resort in E China enters peak tourist season

 

Rescue work continues in flood-hit Yulin Cheap Air Max 2018 Mens , NW China

 

Big year for China's military as PLA to celebrate 90th birthday

 

China's biggest automated cargo wharf to start operation by end of 2017

 

Hukou Waterfalls in N China enter summer flood period

 

Chinese research vessel "Kexue" conducts operation in South China Sea

 

 

 

WELLINGTON, March 13 (Xinhua) -- White collar professionals and gambling businesses are targeted in a new law tabled in the New Zealand Parliament Monday to crack down on money-laundering and terrorist financing.

 

The Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill would bolster New Zealand's existing anti-money laundering laws to help protect businesses and make it harder for criminals to profit from and fund illegal activities, said Justice Minister Amy Adams.

 

The Bill was the second phase of the government's Anti-Money Laundering and Countering Financing of Terrorism Act (AMLCFT), Adams said in a statement.

 

The amendment Bill extended the Act to lawyers, conveyancers, accountants, real estate agents, and sports and racing betting.

 

Businesses that dealt in certain high value goods, including motor vehicles, jewellery and art, would also have obligations under the Act when they accepted or made large cash transactions.

 

The Bill struck the right balance between combating crime, minimizing the cost of compliance and meeting international obligations, said Adams.

 

"It is estimated that the reforms in this Bill could disrupt up to 1.7 billion NZ dollars (1.18 billion U.S. dollars) in fraud and drug crime over the next 10 years. Estimates also suggest they may prevent up to 5 billion NZ dollars (3.47 billion U.S. dollars) in broader criminal activity and reduce about 800 million NZ dollars (555.68 million U.S. dollars) in social harm related to the illegal drug trade," she said.

 

"Money laundering allows criminals to fund their lifestyle and it fuels re-investment in criminal ventures. Extending the law will improve our ability to prevent, detect and prosecute many types of criminal activity and help protect New Zealand's reputation as a good place to do business."

 

Businesses would have time to prepare for the changes and the government would provide guidance and information to help them understand, prepare for and comply with the law.

A Changan electronic car, one of the domestic brands, on display at the Shanghai auto show. China will gradually cut subsidies for new-energy cars starting from 2017 (PhotoChina Daily)

he latest move of the Beijing municipal government to impose fees for electric vehicle (EV) charging services has sparked heated debate about questions ranging from the legitimacy to the pricing.

 

The Beijing Municipal Commission of Development and Reform has released new rules for electricity usage and charging service fees Cheap Air Max 90 Mens , with the latter calculated based on electricity consumption.

 

For every one kilowatt hour of electricity, the upper-limit is set at 15 percent of the maximum retail price per liter of No. 92 gasoline in Beijing. EV charging companies are allowed to fix their own price standards within this range.

 

The new rules will take effect from June 1.

 

The commission responded that the move is aimed at maintaining the cost advantage of using EVs. Moreover, the introduction of service fees could encourage more companies to enter the charging service market while increased supply would be conducive to a more balanced market.

 

Experts also say the government pricing standard will play an important role in regulating the charging service market.

 

The previous scheme Cheap Air Max Mens , under which power grids did not charge fees and car charging companies set their own pricing standards, dampened power company enthusiasm for participating in the program while the fees charged by those companies could be even higher than the government standard, they said Cheap Nike Air Max 2018 Shoes , adding that a uniform standard set by the government would be good for the long-term development of the sector.

 

The charge also makes people doubt whether China will still encourage the use of electric vehicles.

 

Before the government released the standard, most of Beijing's charging poles were available to users free of charge, with only a small minority of them subject to service fees.

 

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