PORT BLAIR
Comprar Hombre Supreme x Nike Air Max 98 Negras , India, March 21 (Xinhua) -- Indian government has ruled out tsunami after the country's Andaman and Nicobar islands at the Bay of Bengal were jolted by a series of earthquakes Friday evening.
An earthquake measuring 6.4 on Richter scale took place some 70 km east of Indira Point at 19:11 p.m. local time. No casualty has been reported so far, said government officials here.
The quake was at a depth of 9.92 km about 108.8 km southeast of Misha, Nicobar Islands, in the Indian Ocean
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"We do not see any threat of a Tsunami warning due to this. However, we have issued a general warning and have kept our system on high alert," Shailesh Nayak, secretary of the Ministry of Earth Sciences (MoES)
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The MoES officials said the Andaman and Nicobar Islands are prone to earthquakes as the area is part of the Pacific "Ring of Fire," an arc of volcanoes and fault lines encircling the Pacific Basin.
While no tremors were felt at Car Nicobar island, where the headquarters of the Indian military forces on the islands are located, the jolt was greatly felt in the Central Nicobars where people started feeling giddy following the tremors.
Phone lines in the entire Nicobar District showed poor connectivity, with government telecom BSNL being the only service provider. No damage to lives and properties was reported so far.
Real-time measurements of wave activity indicated that no significant tsunami was generated. When no major waves have occurred at least for two hours after the estimated arrival time
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As local conditions can cause a wide variation in tsunami wave action, "cancellation" of national warnings and the "all clear" decision or "all clear" determination must be made by national or state or local authorities.
The Indian government officials in Delhi said earlier that tsunami has been ruled out from the quake.
The Andaman and Nicobar Islands, an Indian union territory at the Bay of Bengal, are prone to earthquakes.
The archipelago, with over 500 uninhabited islands
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SEOUL, May 25 (Xinhua) -- South Korea's central bank on Thursday froze its benchmark interest rate at the record-low level in its first rate-setting meeting under the new government.
Bank of Korea (BOK) Governor Lee Ju-yeol and six other policy board members decided to keep the seven-day repurchase rate on hold at an all-time low of 1.25 percent.
It was in line with market expectations. According to a Korea Financial Investment Association (KFIA) survey of 200 fixed-income experts, 100 percent predicted the rate freeze.
The prediction was based on the launch of the new government. President Moon Jae-in took office after winning a landslide victory in the May 9 presidential by-election.
Any new government tended to refrain from raising its policy rate in an early phase as higher interest rate could lead to hurt growth momentum of the economy.
Exports, which account for about half of the South Korean economy, posted a double-digit expansion in recent months
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The government-led corporate restructuring in the troubled shipbuilding and shipping industries was underway, weighing down on the economic recovery.
Pressures, however, were growing on the BOK to hike its policy rate on expectations for the U.S. Federal Reserve to raise its benchmark rate as early as June.
The Fed lifted its policy rate to a range of 0.75-1.00 percent, coming closer to the BOK's benchmark rate of 1.25 percent.
If the BOK misses the timing of a rate increase
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The prolonged low-rate policy continued to expand the already massive household debts. The BOK cut the policy rate from 3.25 percent in July 2012 to the current level in June 2016.
The massive household debts discouraged consumers from spending money. The Fed's rate increase resulted in higher market rates here, raising the debt-serving burden for households.
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ACCRA, July 10 (Xinhua) -- Ghana has stepped up preparations ahead of the 2014 Commonwealth Games scheduled for Glasgow
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Team Ghana is bracing itself for a good showing at this year's event where some of the world's elite athletes, sportsmen and women will compete for honors, with just two weeks to the competition.
The Ghanaian athletes have stepped up their preparations at their pre-Games base in the Scottish City of Ayr.
The pre-Games training stint in Ayr has afforded the team a great opportunity to fine-tune their preparations before moving to the Games Village at Hampden Park on July 23rd, according to a release by the Ghana Olympic Committee (GOC) copied to Xinhua on Thursday.
Ghana will be among 70 participating nations at the 11-day event that will feature 17 sporting disciplines and 261 medal events.
The West African nation will be represented in 10 sporting disciplines
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