China has decided to allocate to States of the Shanghai cooperation organization $ 5 billion to Finance joint projects. This was stated by the President of China XI Jinping in Dushanbe at the meeting of the Council of the SCO, reports ITAR-TASS. We are talking about economic cooperation Fund "China-Eurasia", the initial capital of which amounts to a billion dollars.
In 2012, China announced the creation of the SCO development Bank with an authorized capital of $ 10 billion. But in the end to agree on funding the organization failed, primarily because of the unwillingness of Russia to bear the costs.
Collective lending mechanism within the organization is not yet available, but China is actively lending to other States of the organization directly. A large part of the loans are mainly commodity countries, they bought Chinese equipment and other goods.
The Shanghai cooperation organization (SCO), a regional international organization founded in 2001 by the leaders of China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan. Observers in the block are Iran, India and Mongolia.
Sochi will host the world championship on Boxing in 2019. The decision was taken at a meeting of the Executive Committee of the International Amateur Boxing Association (AIBA). The Secretary General of Federation of Boxing of Russia the Kremlin Umar said that the championship will be held in the Palace of sports "iceberg". For the right tournament fought four other countries.
Auction house Nate D. Sanders Auctions auctioned the figure of US President Donald trump, made him in 2005 at a charity event. In the figure present the new York city skyline, in the centre of the composition is the Trump Tower skyscraper. Also it has the signature of the President of the United States.
Everton FC will hold a charity match in honour who died of cancer six years of a fan of Bradley Lowery. The meeting will be held September 3 at the home stadium "Goodison Park". Bradley Lowery died July 7. He was sick for the club English Premier League Sunderland.