According to Christoph Klingen, IMF mission

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NEW YORK Cheap Nike Air Force 1 Mid UK , Sept. 26 (Xinhua) -- U.S. crude prices recovered Friday as U.S. economic growth for the second quarter was upwardly revised.

Real gross domestic product (GDP) increased at an annual rate of 4.6 percent in the second quarter of 2014, marking the fastest growth rate since late 2011, according to the "third" estimate released by the Commerce Department Friday.

The revised figure was higher than the previous estimate of increasing 4.2-percent and followed a 2.1-percent contraction in the first quarter.

Moreover, U.S. consumer sentiment improved further in September. The Thomson ReutersUniversity of Michigan's final reading of the consumer sentiment index climbed to 84.6 in September from a final August reading of 82.5.

However Cheap Nike Air Force 1 High UK , Brent crude futures stayed flat on economic growth concerns over Asia and Europe and ample crude supply from Libya. Libya's oil output has increased to a recent high level of 925,000 barrels per day, according to the National Oil Corporation of Libya.

Light, sweet crude for November rose 1.01 dollars to settle at 93.54 U.S. dollars a barrel on the New York Mercantile Exchange Cheap Nike Air Force 1 Low UK , while Brent crude for November delivery was unchanged to close at 97.00 dollars a barrel.

VILNIUS, Oct. 7 (Xinhua) -- Lithuania's gross domestic product (GDP) is expected to grow by 2.9 percent this year, the mission of the International Monetary Fund (IMF) concluded on Tuesday.

According to Christoph Klingen, IMF mission chief for Lithuania Cheap Nike Air Force 1 UK Online , the country's economy managed to perform well in a difficult external environment.

"Despite some softening in the second half of 2014, momentum in domestic demand and favorable external competitiveness should ensure growth of 2.9 percent this year," said Klingen in a statement.

"A moderate pickup to 3.1 percent is expected for 2015 as external and credit conditions improve and as the reform efforts of the past few years bear fruit," he added.

The Lithuanian Finance Ministry expects GDP growth to reach 2.9 percent this year and 3.4 percent in 2015.

The IMF mission praised Lithuania's efforts in establishing policy frameworks critical for eurozone membership and advancing legislation for fiscal policy over the business cycle Cheap Nike Air Force 1 UK Sale , but also pointed out the challenges in seeking the repair of Lithuania's public finances.

"New demands on public finances, including for national security and compensation payments for crisis-induced pension and wage cuts, are complicating the task," said the chief of the IMF mission.

The Finance Ministry plans to achieve. Cheap Jerseys Cheap Jerseys Cheap Jerseys China Cheap Shirts Cheap Soccer Jerseys China Cheap NFL Jerseys China Cheap Football Hoodies Wholesale NBA Hoodies Wholesale NHL Hats Wholesale NCAA Hats

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