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Breaking: Tibet continues to burn, second immolation in 48 hours

Tuesday, 23 October 2012 08:12 Phuntsok Yangchen
Charred body of Dhondup
Charred body of Dhondup

DHARAMSHALA, October 22: In less than 48 hours of the self immolation of Lhamo Kyab on Saturday in Sangchu county, another Tibetan man from the same county has set himself on fire earlier today in an apparent protest against China’s continued occupation of Tibet.

Sonam, a monk of Drepung Monastery in South India, said Dhondup, 61, of Hor Khagya (spelled as pronounced) set himself ablaze at 9:47 am (local time) on the main road near Labrang Monastery in Sangchu County, Eastern Tibet. He became the oldest Tibetan from Tibet to end his life due to self-immolation.

Last Updated ( Saturday, 27 October 2012 00:15 ) Read more...
  		 

Economists pessimistic on prospects for economy

Monday, 22 October 2012 08:58 Taipei Times

Panel members at a forum listen yesterday to National Taiwan University economics professor Kenneth Lin.
Photo: Wang Min-wei, Taipei Times

Government efforts launched last month to stimulate the economy lack any clear results and GDP might still contract or grow at a rate of less than 1 percent, economists said yesterday.

National Taiwan University economics professor Kenneth Lin (林向愷) said he did not believe President Ma Ying-jeou (馬英九) could make good on his promise to make economic progress within the month — which would be up on Wednesday — despite a rise in exports last month and a lowering of the unemployment rate.

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Page 941 of 1486

Newsflash

Retired junior public servants will soon see a nice boost in their savings, as a law increasing the amount of money they can deposit into an 18 percent preferential interest rate account comes into effect this year.

The move, passed by the legislature last year, was criticized by Democratic Progressive Party (DPP) lawmakers yesterday as unfair and unnecessary as interest rates in public banks continue to hover below 2 percent, despite a 0.125 interest rate hike announced last week by the central bank.