Currency will be un-pegged by China, says a government economist

Currency will be un-pegged by China, says a government economistChina would allow for gradual appreciation of the renminbi, the currency it has pegged to the dollar since July 2008, a government economist in Beijing said.

The Financial Times reported on Tuesday that Ba Shusong, deputy director-general of the Financial Research Institute at the Development Research Center, said the currency was pegged to the dollar as a temporary measure in response to the financial crisis.

Gund baby books recalled due to choking hazard

Gund baby books recalled due to choking hazardVoluntary recall of Gund baby books due to a choking hazard was announced by the Consumer Products Safety Commission.

The recall involves about 15,100 books in the United States and 865 in Canada imported from China by Gund of Edison, N. J., and sold nationwide from January 2009 through March 2010 for $8 per book and $20 for a set of three.

It was further reported that the Gund Baby Paperback Books include the titles "Animals," item number 059174, "Numbers," item number 059175 and "Colors," item number 059176.

Crude oil prices coming closer to $87 per barrel

Crude oil prices coming closer to $87 per barrelWith prices again coming close to $87 per barrel, Crude oil for May delivery turned higher in late trading in New York.

It was reported that the price of May delivery peaked in intra-session trading at $87.09 per barrel before settling down. In late trading, however, prices turned higher again, gaining 10 cents to $86.72.

Including a rise in a key U. S. index of non-manufacturing business activity, strong economic data, have given evidence an economic recovery is for real and demand will increase.

Chinese President’s visit will aim at improving Latin links

Chinese President’s visit will aim at improving Latin linksOfficial reports have said that Chinese President Hu Jintao will visit Brazil, Chile and Venezuela this month in a move seen by analysts as part of a wider Beijing initiative to expand economic, energy and military links in Latin America.

It was also informed that Hu will be attending this year's summit of the BRIC group, made up of Brazil, Russia, India and China, that will be looking into alternatives to the U. S. dollar, Western pre-eminence and issues of nuclear security.

Cancer risk for opposite breast is increased by BRCA

Cancer risk for opposite breast is increased by BRCAU. S. researchers have found that breast cancer patients with the breast cancer gene mutations BRCA1 or BRCA2 are more likely to get cancer in the opposite breast.

Breast cancer patients who had a BRCA1 mutation had a 4.5-fold increased risk of getting breast cancer in the opposite breast, breast cancer epidemiologist Kathleen Malone of the Fred Hutchinson Cancer Research Center in Seattle said.

The study further found that breast cancer patients, who have a BRCA2 mutation, had a 3.4-fold increased risk of a subsequent cancer in the opposite breast.

After an upward trend for two years, U.S. teen birth rate comes down

After an upward trend for two years, U.S. teen birth rate comes downFederal health officials have informed that after rising for the previous two years, the U. S. teen birth rate dropped 2 percent in 2008.

The report by the Centers for Disease Control and Prevention's National Center for Health Statistics is an analysis of 99.9 percent of birth records for 2008.

It was found by the report, called "Births: Preliminary Data for 2008," that there were 41.5 births per 1,000 teenagers ages 15-19, down from 42.5 per 1,000 teens in 2007.

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