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troubled economy is in a "moment of transition to another cycle of economic expansion Nike Vapormax Black ," one that is more profound, solid and long-lasting.
President Dilma Rousseff spoke to a packed chamber Monday at the annual U.N. General Assembly of world leaders. President Barack Obama was set to speak after her.
This is a time of extreme volatility for Brazil's economy, with inflation hovering around 10 percent and unemployment the highest in decades.
But Rouseff told world leaders that the economy is "stronger, more solid and resilient than some years ago."
Credit agency Standard & Poor's downgraded the country's sovereign debt to "junk" status earlier this month.
Rousseff has submitted a budget to Congress with a built-in deficit of about $10 billion.
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9:05 a.m.
U.N. Secretary-General Ban Ki-Moon for the first time is calling for the situation in Syria to be referred to the International Criminal Court.
In his state of the world address to leaders from the U.N.'s 193 member states Nike Vapormax Off White , Ban says "innocent Syrians pay the price of more barrel bombs and terrorism" and there must be no impunity for "atrocious" crimes.
His call opened the annual General Assembly gathering of world leaders that includes addresses from President Barack Obama, Russian President Vladimir Putin and Chinese President Xi Jinping on Monday morning alone.
Ban says five countries "hold the key" to a political solution to Syria: Russia, the U.S., Saudi Arabia Nike Vapormax White , Turkey and Iran.
The U.N. chief says the Syrian conflict is "driven by regional powers and rivalries."
WUHAN, China, Jan. 24 (Xinhua) -- Yao Ming, an eight-time NBA All-Star and the president of the Chinese Basketball Association (CBA) Nike Vapormax 2018 , says he expects the reforms he initiated to pay off by 2019 when China host the FIBA World Cup.
Yao, also the former backbone of the Chinese national team, is on a visit to Wuhan this week for a ceremony unveiling the mascot finalists for the 2019 tournament, which will be held in eight Chinese cities from Aug. 31 to Sept. 15 next year.
"Hosting the World Cup will inject a cardiac stimulant into Chinese basketball and make the sport develop in all aspects Nike Vapormax Flyknit ," said the 37-year-old on Tuesday night.
Yao was elected in early 2017 as CBA president as China was in search of new superstars and more glory for its national team, which had largely stalled since his retirement in 2011 and suffered an embarrassing no-win setback in Rio.
Yao has made a series of proposals regarding reform of the national team, professional league operation and youth cultivation.
"Before we choose the road for development, we need to make sure what fits us most and what prerequisites we already have Nike Vapormax ," he said in the ceremony held at the Wanda Han Show Theater in Wuhan.
The most attention-getting of Yao's reform measures is the formation of two national teams, each with an independent coaching staff and roster, to alternately represent China at international events through 2018. The move aims to motivate coaches and players by creating competition between the two squads and involving as many young players as possible.
"Making the national team bigger and wider will enable us to see a clearer picture and make better choices," he said. The two teams are expected to merge for the 2019 FIBA World Cup and the 2020 Tokyo Olympics.
He said that some China University Basketball Association players have been allowed to play at the CBA All-Star Game because the CBA hopes to whip up basketball fever among Chinese schools and select more young rookies.
"Basketball faces stiff competition from sectors such as electronics sports in attracting the young generation Nike Air Vapormax Grey ," he said. "That's why we will encourage Chinese basketball to continue its cooperation with the education and entertainment sectors to create a platform where kids can enjoy learning different things simultaneously," Yao promised.
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A TECHNICAL hitch at the Winter Olympics opening ceremony in Sochi, Russia, turned into a money-making opportunity for some quick-thinking Chinese entrepreneurs.
Products printed with the image of the incomplete rings were on sale just hours after one of five giant snowflakes designed to unfurl to form the interlocking rings symbol failed to perform as planned as they drifted above the Fisht Olympic Stadium. All five also failed to erupt into white flames.
On online shopping platform Taobao Nike Air Vapormax Red , T-shirts and mobile phone cases featuring four Olympics rings and the malfunctioning snowflake were soon on sale.
T-shirts were priced at 35 yuan to 119 yuan (US$6-US$19) and phone cases were going for 23 yuan.
One store began selling “four-ring” T-shirts on Saturday evening, just eight hours after the glitch. By last night, it had sold 221.
Another store had fun with the image by replacing the unopening snowflake, with a computer icon indicating a picture that can’t be opened.
The ring glitch also aroused amusement on social networking platforms.
“Five rings turn to four. Did Audi pay for the advertisement?” one microblogger wrote.
One man who may not be buying a T-shirt is Konstantin Ernst Nike Air Vapormax Blue , producer of the opening ceremony.
He said that he wasn’t too worried about the glitch.
“It would be ridiculous to focus on this ring that never opened, it would be simply silly,” he said.
Russian television viewers didn’t witness the problem as Ernst said he had asked the channel to broadcast pictures from successful rehearsals when he noticed there was something amiss.
And the malfunction didn’t seem to mar people’s enjoyment of the lavish ceremony.
A poll conducted by news portal www.ifeng showed that 73 percent of 81,742 respondents thought the ceremony was a huge success with nearly 60 percent saying the ceremony displayed “wisdom and elegance.”
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