Senior U.S. and Chinese officials will hold annual trade talks in Beijing next week, China's Foreign Ministry said on Friday, as the world's two largest economies try to iron out an array of long-held tensions. Chinese Vice Premier Wang Yang will host U.S. Secretary of Commerce Penny Pritzker and Trade Representative Michael Froman for the Joint Commission on Commerce and Trade (JCCT) on December 19-20, ministry spokesman Hong Lei told a press briefing. U.S. politicians are eager to attract Chinese investment as a source of new jobs and economic growth, though high-profile Chinese projects have been scrapped after running into national security concerns. Officials cited food safety worries in a review of the acquisition of the world's largest pork producer, Smithfield Foods Inc, by China's Shuanghui International Holdings Ltd, though the deal received U.S. approval in September.
The number of people with jobs in the euro zone was unchanged for the second consecutive quarter in the three months to September, showing the bloc's economic recovery has not yet filtered through to the labour market. But euro zone employment was shrinking more slowly than a year ago on a year-on-year basis -- it contracted 0.8 percent in the third quarter against -1.1 in the previous three months, data from the EU's Eurostat showed on Friday. Job creation, like the uneven economic recovery, differs from country to country and from sector to sector. While Europe's largest economy Germany saw a quarterly 0.2 percent rise in employment, the second largest France registered no change for a third consecutive quarter.
By Yara Bayoumy SANAA (Reuters) - On January 23, science teacher Ali Nasser al-Qawli had finished supervising school exams in the Yemeni village of Khawlan and was enjoying an afternoon with friends when he encountered the strangers. Some Yemenis say had it not been for such strikes, al Qaeda in the Arabian Peninsula (AQAP) could have seized more territory across Yemen.