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US deficit soaring out of control will be a disaster in the world
- By Wenwen WANG
- 08/02/2024
- 0 comments
The Congressional Budget Office (CBO) of the United States just released its February 2024 Budget and Economic Outlook, the (CBO) projected that the debt held by the public – a key metric for tracking the size of the national debt used by economists – totaled $26.2 trillion in 2023 and is set to rise to $27.9 trillion in 2024. Over the next decade, it is projected to rise to $48.3 trillion in 2034. The Federal Budget The deficit totals $1.6 trillion in fiscal year 2024, grows to $1.8 trillion in 2025, and then returns to $1.6 trillion by 2027. Thereafter, deficits steadily mount, rea..
Dragon Sound
- By Wenwen WANG
- 05/02/2024
- 0 comments
2024 brings the Year of the Dragon in the lunar calendar of Chinese culture. The dragon is the only animal on the Chinese zodiac that is a mythical creature. In Chinese culture, dragons symbolize good luck, strength and power. They control the weather and water. 汉语成语： 腾云驾雾、呼风唤雨。 明 罗贯中《三国演义》第四十九回《 七星坛诸葛祭风 三江口周瑜纵火》：“亮虽不才，曾遇异人，传授奇门遁甲天书，可以呼风唤雨。 明 施耐庵《水浒传》第十四回《 吴学究说三阮撞筹 公孙胜应七星聚义》：为因学得一家道术，亦能呼风唤雨，驾雾腾云，江湖上都称贫道做入云龙。 姚雪垠《李自成》第一卷第三章：“这简直不是马，是一条腾云驾雾的白龙，一条白龙。” 2024 Year of the dragon Chinese New Year spring gala will be very spectacular and full of Chinese tradition and culture with the u..
Spring Festival listed as UN floating holiday
- By Wenwen WANG
- 23/12/2023
- 0 comments
UNITED NATIONS, Dec. 22 (Xinhua News Agency) -- The Lunar New Year, or Spring Festival, has been officially listed as a UN floating holiday in its calendar of conferences and meetings as from 2024. The UN General Assembly, in a resolution, acknowledges the significance of the Lunar New Year, which is observed in many UN member states, and invites the UN bodies at headquarters and other duty stations, where observed, to avoid holding meetings on the Lunar New Year. The resolution, adopted on Friday without a vote, encourages this arrangement to be taken into account when drafting future c..
New Rates coming to USPS Shipping Services
- By Wang Wenwen
- 21/12/2023
- 0 comments
On Jan. 21, 2024, pricing changes will take effect for the U.S. Postal Service (USPS) Shipping Services. USPS Ground Advantage prices would increase by 5.4 percent, Priority Mail service prices would increase by 5.7 percent, and Priority Mail Express service prices would increase by 5.9 percent. The Commercial price category will increase by 5.8 percent on average. Published prices for International Priority Airmail (IPA) and International Surface Air Lift (ISAL) will increase by 5.5 percent and 3.5 percent, respectively. The overall increase for Priority Mail International (PMI) w..
China to adjust tariffs on imports, exports in 2024
- By Wang Wenwen
- 21/12/2023
- 0 comments
BEIJING, Dec. 21 -- China will adjust its tariff rates on imports and exports from Jan. 1, 2024, the Customs Tariff Commission of the State Council announced Thursday. China will implement tariff rates on some commodities under 20 agreements that originate from 30 countries or regions in 2024 based on free trade agreements (FTAs) or other preferential trade arrangements. The China-Nicaragua FTA will come into force on January 1, 2024 with tariffs cuts to be implemented. Preferential tariff rates will continue to be applied in 2024 to least-developed countries that have established diplom..
Official Public Holidays 2024
- By Wang Wenwen
- 20/12/2023
- 0 comments
2024 Public Holidays in China There are seven public holidays in China: New Year's Day, Spring Festival (Chinese New Year), Qingming Festival, Labour Day, Dragon Boat Festival, Mid-Autumn Festival, and National Day. According to the General Office of the State Council' public notification, holidays in China are often combined with adjacent workdays to form a longer holiday period. In this case, people need to work on weekends before or after the holidays. In Chinese, such a system is called "调休" which means "workday substitution". Public holidays for 2024 1. New Year's Day Dat..
Over 70000 people in the US go homeless, jumped to 12% in 2023
- By Wang Wenwen
- 19/12/2023
- 0 comments
U.S. Department of Housing and Urban Development released on December 15 the 2023 Annual Homeless Assessment Report (AHAR), Part 1, which provides estimates of homelessness in the U.S. The 2023 report estimates that approximately 653,100 people were experiencing homelessness on a single night in 2023 – a 12% increase (or about 70,650 more people) from 2022. High housing costs and evictions push more people from homes Thousands of Americans joined the ranks of the unhoused population in the last year due to the end of pandemic programs such as the eviction increases in rents and the end o..
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