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TEHRAN Jordan 11 Win Like 96 Mens , Aug. 17 (Xinhua) -- A senior Iranian military official said that Tehran and Ankara are opposed to the possible independence referendum of Iraq's autonomous Kurdish region, local media reported on Thursday.

Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri said Iran and Turkey share a common view that such a move would lead to new conflicts in Iraq.

The conflicts, following the vote, could also negatively affect Iraq's neighboring countries, Baqeri told reporters in the Turkish capital Ankara on Wednesday.

Iran has already posed its opposition on the referendum and has announced that the results of referendum would isolate the Kurds.

On June 7 http://www.jordan11winlike96.com/ , Iraq's autonomous Kurdish region announced that it has planned to hold a referendum on independence on Sept. 25 to decide whether to secede from Iraq.

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An employee of the Industrial and Commercial Bank of China Ltd (ICBC) talks to a customer at one of the bank's branch at the Shanghai Free Trade Zone in Pudong district, in Shanghai September 24, 2014. REUTERS

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses Cheap Air Jordan 11 Win Like 96 , said sources involved in policy-making.

Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step was required to stabilise the world's second-largest economy.

Economic growth has slowed to 7.3 percent in the third quarter and policymakers feared it was on the verge of dipping below 7 percent - a rate not seen since the global financial crisis. Producer prices, charged at the factory gate Air Jordan 11 Retro Win Like 96 , have been falling for almost three years, piling pressure on manufacturers, and consumer inflation is also weak.

"Top leaders have changed their views," said a senior economist at a government think-tank involved in internal policy discussions.

The economist said the People's Bank of China had shifted its focus towards broad-based stimulus and were open to more rate cuts as well as a cut to the banking industry's reserve requirement ratio (RRR), which effectively restricts the amount of capital available to fund loans.

China cut the RRR for some banks this year but has not announced a banking-wide reduction in the ratio since May 2012.

"Further interest rate cuts should be in the pipeline as we have entered into a rate-cut cycle and RRR cuts are also likely Air Jordan 11 Win Like 96 Chicago ," the think-tank's economist said.

Friday's move, which cut one-year benchmark lending rates by 40 basis points to 5.6 percent, also arose from concerns that local governments are struggling to manage high debt burdens amidst reforms to their funding arrangements, the sources said.

The cut helped send Asian shares broadly higher on Monday. The CSI300 Index of the largest companies listed in Shanghai and Shenzhen opened up 1.2 percent at its highest level since June 2013, while the Shanghai Composite Index opened up 0.8 percent.

"Increasing liquidity by the central bank has failed to lower borrowing costs for the real economy Air Jordan 11 Win Like 96 For Sale ," said a former central bank researcher who now works for the government.

"Employment still holds up, but corporate profits have been squeezed as producer price deflation bites, and it's unreasonable for banks to have hefty profits."


Many Chinese economists had been calling for bolder policy actions, as recent data showed the economy losing more steam in the fourth quarter and consumer price inflation falling. Full-year growth is on track to undershoot the government’s 7.5 percent target and mark the weakest expansion in 24 years.

"GDP growth is near 7 percent which is at a dangerous level given it could still go even lower due to structural reforms," said Li Xunlei Air Jordan 11 Win Like 96 Pre Order , chief economist at Haitong Securities.

"The rate cut helped boost confidence in next year's growth outlook," said Li, who was among economists who discussed policy issues with Premier Li Keqiang at a recent cabinet session.

Government think-tanks, which make policy proposals, have urged Beijing to cut its economic growth target next year Air Jordan 11 Win Like 96 2017 , probably to around 7 percent, from around 7.5 percent this year.

The leadership is due to map out economic and reform plans for 2015 at a work conference next month, including economic targets which will be unveiled in parliament next March.


China's leaders also worried that a sharp economic slowdown could hurt employment and undermine public support for reforms. "Employment still holds up now, but it will definitely be affected if growth slows further," said Yin Zhongli Air Jordan 11 Win Like 96 , senior economist at the Chinese Academy of Social Sciences, a top government think-tank.

The central bank does not have the final word on adjusting interest rates or the value of the yuan.

Some policy insiders said the rate cut was also influenced by talks at this month's summit of the G20 group of nations, which pledged to boost flagging global growth.

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