2012年5月24日 星期四

Latest News Clips 2012.05.25

   1.      When ‘Younger’ Skin Is Not a Blessing
The New York Times    May 16, 2012


GROWING up, Eileen Wolter, now 40 and a blogger about stay-at-home motherhood in Summit, N.J., was one of those rare teenagers without complexion concerns. “I had really good skin,” she said. “And I just used Ivory bar soap.”

But in recent years, that skin has gone from picture-perfect to problematic. “I’ve got uneven skin that’s also oily with constant blackheads and cystic acne bumps on my chin,” Ms. Wolter said. And her once-simple regimen now involves a complicated product list: face brush, acne cover-up, face mask, cortisone shots and prescription acne gel, as well as cleansers and lotions to treat both acne and aging.

Ms. Wolter isn’t the only grown-up who feels as if she’s going on 16. More adult women are getting pimples than ever before, according to a study presented in March at the American Academy of Dermatology annual meeting. Today, clinical acne afflicts the complexions of 45 percent of women ages 21 to 30, 26 percent of women ages 31 to 40, and 12 percent of women ages 41 to 50, according to the study, conducted by researchers at Massachusetts General Hospital.

Ms. Wolter said she first noticed her breakouts at age 31, “right when I moved cross-country and in with a boyfriend, lost the job and friends I’d had for years, and let my eating habits go awry.”

2.      China Plans Talks With Japan, Korea on Free-Trade Area
Bloomberg    May 13, 2012

The leaders of China, Japan and South Korea agreed to start negotiations this year on a free-trade accord between three of Asia’s four biggest economies.
China’s Premier Wen Jiabao, Japanese Prime Minister Yoshihiko Noda and South Korea President Lee Myung Bak met in Beijing yesterday as their trade ministers signed an investment agreement described as the “first legal document on trilateral cooperation in the economic field.”

The establishment of a free-trade pact will unleash the economic vitality of the region and give a strong boost to economic integration in East Asia, Wen said yesterday, according to a pool report. China has proposed coastal Shandong province as its base for a regional economic cooperation zone, Wen said, with Japan and South Korea to nominate appropriate locations of their own.

3.      Germany isolated over euro crisis plan at G8 meeting in Camp David
Guardian   2012.05.19

Barack Obama and David Cameron want German chancellor Angela Merkel to set out a clear path forward for Europe

Barack Obama and David Cameron have clashed with the German chancellor Angela Merkel at the G8 summit in Camp David, demanding she set out a clear path for Europe to emerge from its current crisis.

The German leader resisted pressure for fresh measures that would include looser monetary policy for the European Central Bank, enabling quantitative easing similar to that deployed by the Federal Reserve and the Bank of England.

Obama and Cameron discussed their joint position at a G8 summit in Camp David during a 7am meeting held on a treadmill, possibly the first UK-US bilateral to be conducted in a gym.

With pressure growing for world leaders to come up with a decisive plan for solving the crisis, it emerged the Germans were resisting the inclusion of details in the final communiqué about the best course of action for the eurozone.

2012年5月23日 星期三

谢孟媛英文發音


http://v.youku.com/v_show/id_XODQzMjUxMTI=.html

http://v.youku.com/v_show/id_XODQzMzE0NjA=.html

2012年5月17日 星期四

Latest news clips 2012.05.18

   1.      JPMorgan loss: Ghost of the credit crisis
CNN     May11, 2012
  
(CNN) – JPMorgan Chase CEO Jamie Dimon shocked Wall Street just after the market closed Thursday with news that the company had lost $2 billion since April 1 on trades in credit default swaps.

Sound familiar? It should. Credit default swaps based on housing mortgages created the tinder that was ignited by rising home defaults to create the conflagration of the 2008 financial crisis.

Trading in derivatives such as credit default swaps were designed to hedge against risk. But as we know, banks and other market players used these tools to create products that seemed to take the danger out of risky bets and reaped huge rewards - right up until the moment they didn’t. Banks and other businesses were stuck on the wrong side of the trade, trapped with a mountain of debt they couldn’t pay.

Speaking on a Thursday conference call – which the Financial Times’ Alphaville called “the most excruciating bank conference call we’ve ever heard”
                                             極痛苦的 難忍受的
 – Dimon said JPMorgan's losses stemmed from trades designed to hedge
                                                          起源於, 由...而造成[
 against risk, but those trades went awry due to "errors," "sloppiness" and "bad
                                                   出錯、出問題                              散漫、馬虎; 凌亂    
 judgment." It doesn’t help that, just a month ago, Dimon decried the build-up 
                                                                                               decry 譴責
of credit default swaps at JPMorgan’s London office, first reported by the Wall Street Journal, as a “tempest in a teapot.”
                                            暴風雨               察壺    
2.  Why aren't more students doing sandwich courses?
    Guardian    2012.04.30


There's no substitute for hands-on experience. Photograph: Andrew 
                   替代品
Brookes/Corbis

A year in industry puts theory into practice and prepares students for the workplace – yet sandwich courses are in decline
                                                                                     下降               
Nowadays everyone is scrambling for work placements. Even unpaid 
                                        scramble 爭奪, 搶奪      佈置
internships are oversubscribed. Meanwhile employers say recent graduates 
實習醫師的地位
are lacking work skills. Why then, are sandwich courses in decline?

Sandwich degrees – vocational courses where students spend a year working within their industry – are meant to introduce you to the world of work and complement university learning. Sounds good, right? Yet despite the advantages of sandwich degrees, there has been a steady fall in the numbers 
                                                                                       穩固的
enrolling on such courses.
 登記
………….

But why don't more universities offer placement years – and in a broader range of courses? Employers' reluctance to spend time supervising students is 
                                         不情願、勉強                              監督; 管理
partly to blame, says Warwick University professor Kate Purcell, an expert in 
              責備
the graduate labour market.

"Work placements are very difficult for universities to set up and they're expensive for to run – departments have to arrange visits by academics, and 
                                                                                                     大學生
mentoring, to ensure students are having a rewarding experience."
  顧問導師指導
………..
But it's not just a handy nugget to add to the CV. My industry placement has 
                方便的、手邊的   珍品、金塊
been about experience and discovery, empiricism and experimentation. This 
                                                                 經驗主義            實驗
year has given me confidence, memories, direction and assurance – and being paid has helped too. When I finally return to university for my final year I will no longer be a student, I'll be a scientist.
 
3.  Resource-Rich Canada Looks to China for Growth
The Wall Street Journal   May 13, 2012


Reuters

Canada's Prime Minister Stephen Harper, center, inspects a guard of honour 
                                                                                   審查、視查
with China's Premier Wen Jiabao in Beijing in February.

VANCOUVER—For almost a century, Canada's economy has been firmly 
                                                                                                                  穩固地
tethered to its much larger southern neighbor. Now, Canadian officials and 
 
executives also are betting their future on China.

For almost two centuries, the U.S. has been Canada's most important trading partner. Now China is gaining ground. Video and reporting by WSJ's Chip 
                                     抬頭、前進
Cummins.

Canada's economic reliance on the U.S. has ebbed for decades amid 
                                                                            ebb 衰退, 衰落
sporadic efforts to diversify. But weak demand from a prolonged economic 
  零星分散的             多樣化                                             拖延的
downturn south of the border has accelerated the move, sending Canadian 
                                                        加速
companies looking for new markets.

Climbing oil production in the U.S. is upending American demand for Canadian hydrocarbons. That has spooked Ottawa, suddenly worried about finding buyers for its own growing crude exports, almost all of which now flows to the U.S.

The shift is sharpest here in Western Canada, rich in resources and closer to China. Last year for the first time ever, British Columbia sent more exports to the Pacific Rim than to the U.S. Chinese investors have beat out U.S. investors in Canada's oil patch every year since 2009, pumping $12.8 billion into companies and projects since then, according to Dealogic. British Columbia and the federal government have embarked on a massive push, spending billions of dollars, to retool the country's infrastructure to facilitate more trade with Asia.

On a national level, Canadian officials say they expect America will always be Canada's biggest trading partner. Last year, the U.S. accounted for 67.7% of Canadian trade, measured by the value of exports and imports. That is down from 80.8% 10 years ago. Asia's share of Canadian trade stood at 15%, up from about 9.5% a decade ago. China's share alone came in at 7.2% last year.

2012年5月11日 星期五

Latest news clips 012.05.11


1.      Voter Anger Sweeps Europe
The Wall Street Journal   May 06, 2012



PARIS—French voters elected Socialist Party candidate François Hollande as president Sunday, choosing a national leader who has pledged to shift the burden of economic hardship onto the rich and to resolve the protracted euro sovereign-debt crisis by softening the current prescription of austerity.

With his victory over conservative incumbent Nicolas Sarkozy in the second and final round of voting, Mr. Hollande—France's first Socialist president in 17 years—won a mandate to challenge German Chancellor Angela Merkel, who has imposed spending cuts as the main remedy to repair the public finances of heavily indebted European countries.

Mr. Hollande's first steps will have big implications. Both recession and unemployment are spreading across the 17-country monetary union, fueling doubts among voters, politicians and economists about the wisdom of slashing public spending in a downturn, which Ms. Merkel and others say is necessary to restore confidence in euro-zone public finances.
The growing malaise was also reflected Sunday in Greece, where voters delivered a stinging rejection of the two incumbent parties, with many people casting ballots for smaller, far-left and far-right parties.

2.  The Trust Molecule
The Wall Street Journal   April 27, 2012
Why are some of us caring and some of us cruel, some generous and some greedy? Paul J. Zakon the new science of morality— and how it could be used to create a more virtuous society.


Why are some people trustworthy, while others lie, cheat and steal? Part of the answer may reside in a hormone called oxytocin. Claremont Graduate University's Paul Zak talks with WSJ's Gary Rosen about how a "vampire wedding" helped him understand how this chemical works to control trust, empathy and virtue.

Could a single molecule—one chemical substance—lie at the very center of our moral lives?

Research that I have done over the past decade suggests that a chemical messenger called oxytocin accounts for why some people give freely of themselves and others are coldhearted louts, why some people cheat and steal and others you can trust with your life, why some husbands are more faithful than others, and why women tend to be nicer and more generous than men. In our blood and in the brain, oxytocin appears to be the chemical elixir that creates bonds of trust not just in our intimate relationships but also in our business dealings, in politics and in society at large.

To trigger this "moral molecule," all you have to do is give someone a sign of trust. When one person extends himself to another in a trusting way—by, say, giving money—the person being trusted experiences a surge in oxytocin that makes her less likely to hold back and less likely to cheat. Which is another way of saying that the feeling of being trusted makes a person more…trustworthy. Which, over time, makes other people more inclined to trust, which in turn…

3.  Samsung Heirs Stage a Korean Soap Opera
New York Times   April 24, 2012



SEOUL — Lee Kun-hee, the chairman of the largest South Korean business conglomerate, Samsung, and the country’s richest man, is not known for being talkative. Partly because of his reticence, what few public remarks he makes are studied by his reverential employees with the same zeal that devout Christians might apply when parsing biblical quotations.
These days, however, Mr. Lee, 70 — perhaps the country’s most exalted business leader — is displaying a wholly different side, allowing himself to be caught up in a spectacular, all-too-public squabble with his elder brother and a sister over the fortune amassed by their father, the late Samsung founder, Lee Byung-chull.

On Monday, the elder brother, Lee Maeng-hee, called his younger brother “childish” and “greedy.” On Tuesday, the Samsung chairman said of his brother: “He says with his own mouth that he is the eldest son of our family, but no one in our family, including myself, regards him as such. In fact, I have never seen him showing up for the family ritual for our father’s anniversary.”

That is about the worst thing one can say publicly about a son, particularly the eldest son, of a Korean family in this Confucian society, where the annual rite for deceased ancestors is considered to be the most sacred duty of children.

“These guys are better than Korean soap operas,” Tom Coyner, a management consultant based in Seoul who is the author of “Doing Business in Korea,” said of the gossip the family feud has inspired.




2012年4月26日 星期四

Latest News Clips 2012.04.27

           
1.      How will French election be decided? - CNN.com
CNN    April 16, 2012


Photo credit: Getty Images

Paris (CNN) -- French voters are preparing to elect a new president. CNN's Senior International Correspondent Jim Bittermann explains what the main themes of the election are, how the system works and who is likely to win.
What are the issues?
The economy, economy, economy. Basically, for months now the top issues have been unemployment and purchasing power. To a lesser extent -- and for some candidates, a greater extent -- immigration figures in the debate. On the extremes -- both left and right -- Europe is an issue that relates to the economic problems.

Who are the front-runners? Who is expected to win?
The polls at the moment are giving Socialist candidate Francois Hollande victories in both the first and second rounds of the voting. President Nicolas Sarkozy, who has been gathering support in the past few weeks, was slipping back in the most recent polls. There are three other candidates in double digits: Jean-Luc Melenchon on the extreme left; Marine Le Pen on the extreme right and Francois Bayrou, a centrist.

How does the election system work?

In French presidential elections there are two rounds of voting, with a two-week break between the two votes that take place on Sundays. There are at the moment 10 candidates. After the first round of voting on April 22, eight candidates will be eliminated with only the two with most votes making it into the runoff election May 6.

2.  The third industrial revolution
    The Economist   2012.04.21

The digitisation of manufacturing will transform the way goods are made—and change the politics of jobs too.



The first industrial revolution began in Britain in the late 18th century, with the mechanisation of the textile industry.  Tasks previously done laboriously by hand in hundreds of weavers’ cottages were brought together in a single cotton mill, and the factory was born.  The second industrial revolution came in the early 20th century, when Henry Ford mastered the moving assembly line and ushered in the age of mass production.  The first two industrial revolutions made people richer and more urban.  Now a third revolution is under way, Manufacturing is going digital.  As this week’s special report argues, this could change not just business, but much else besides. 

A number of remarkable technologies are converging: clever software, novel materials, more dexterous robots, new processes(notably three-dimensional printing) and a whole range of web-based services.  The factory of the past was based on cranking out zillions of identical products: Ford famously said that car-buyers could have any colour they liked, as long as it was black.  But the cost of producing much smaller batches of a wider variety, with each product tailored precisely to each customer’s whims, is falling.  The factory of the future will focus on mass customisation—and may look more like those weavers’ cottages than Ford’s assembly line. 

3. Nestlé's Bespoke Chocolate
Bloomberg  February 16, 2012

Nestlé (NESN) has long been known for making chocolate treats for the common man. Think Kit Kat or Crunch bars. But demand for pricier premium chocolates is growing faster than that of plain old candy. So the Vevey (Switzerland)-based company has devised a novel strategy to move up the value chain: customized confections. Internet shoppers in Switzerland and Liechtenstein can now order a taster pack from Nestlé’s Maison Cailler line of expensive Swiss chocolates. After nibbling the samples of five kinds of Ecuador-sourced chocolate with various cocoa content, consumers complete an online survey to determine their “chocolate personality.” They then can order larger boxes of the candies, marrying their favored chocolate with preferred fillings ranging from peppercorn and vanilla to raspberry and verbena.

The bespoke chocolate experience doesn’t come at Baby Ruth prices. A 16-piece box of the Maison Cailler chocolates costs 26 Swiss francs ($28.30). That’s just 128 grams of chocolate, or slightly more than 4 ounces, so these custom sweets price out to more than $100 a pound. Yet such luxe pricing can succeed even amid the economic downturn, says Laurent Freixe, head of Nestlé’s European business. “It may sound counterintuitive, but what’s happening in the [financial] crisis is a quest by consumers for value, for more-affordable product, but also for products that overtake their expectations.”

Latest news clippings 2012.04.19

reversion 1. 
New View of Depression: An Ailment of the Entire Body
Wall Street Journal   April 09, 2011
Scientists are increasingly finding that depression and other psychological disorders can be as much diseases of the body as of the mind.

Shirley Wang on Lunch Break discusses the impact of depression on aging and why people with a history of depression are also known to be at greater risk for cardiovascular disease, diabetes and other aging-related diseases.
People with long-term psychological stress, depression and post-traumatic stress disorder tend to develop earlier and more serious forms of physical illnesses that usually hit people in older age, such as stroke, dementia, heart disease and diabetes. Recent research points to what might be happening on the cellular level that could account for this.
Scientists are finding that the same changes to chromosomes that happen as people age can also be found in people experiencing major stress and depression.
The phenomenon, known as "accelerated aging," is beginning to reshape the field's understanding of stress and depression not merely as psychological conditions but as body-wide illnesses in which mood may be just the most obvious symptom.
"As we learn more…we will begin to think less of depression as a 'mental illness' or even a 'brain disease,' but as a systemic illness," says Owen Wolkowitz, a psychiatry professor at the University of California, San Francisco, who along with colleagues has conducted research in the field.
Gaining a better understanding of the mechanisms that link physical and mental conditions could someday prove helpful in diagnosing and treating psychological illnesses and improving cognition in people with memory problems, Dr. Wolkowitz says.


  
1.      How Green Are Electric Cars? Depends on Where You Plug In
New York Times    April 13, 2012


IT’S a lot like one of those math problems that gave you fits in sixth grade: a salesman leaves home in Denver and drives his electric car to a meeting in Boulder. At the same time, a physicist driving the same model electric car sets out from her loft in Los Angeles, heading to an appointment near Anaheim.

For both, the traffic is light, and the cars consume an identical amount of battery power while traveling the same number of miles. Being purely electric, they emit zero tailpipe pollutants during their trips.

The test question: are their carbon footprints also equal?

The answer may be a surprise. According to a report that the Union of Concerned Scientists plans to release on Monday, there would be a considerable difference in the amount of greenhouse gases — primarily carbon dioxide — that result from charging the cars’ battery packs. By trapping heat, greenhouse gases contribute to climate change.

The advocacy group’s report, titled “State of Charge: Electric Vehicles’ Global Warming Emissions and Fuel Cost Savings Across the United States,” uses the electric power requirements of the Nissan Leaf as a basis for comparison. The Leaf, on sale in the United States for more than a year and the most widely available electric model from a major automaker, sets a logical baseline.

2.  China Loosens Grip on Yuan
The Wall Street Journal    2012.04.15
Central Bank Widens Currency's Trading Range; Move Could Ease Trade Tensions


BEIJING—China made one of its strongest moves yet to show that it believes the yuan is ready to become a global currency by loosening daily trading limits.

The move to widen the currency's trading range, which went into effect Monday, doesn't eliminate Beijing's tight grip on the yuan. China's central bank still sets a daily reference rate for its currency. On Monday in China, the yuan opened modestly weaker in currency trading, after the central bank set a reference rate for the yuan stronger than Friday's market close.

Nonetheless, the change is seen as an important step toward addressing foreign complaints about China's currency policies. The U.S. and other advanced economies have pressed Beijing for years to relax its hold on the yuan and allow it to appreciate at a faster pace. The hope is to boost consumer demand in China as consumers in advanced nations, such as the U.S. and Europe, pull back amid still-fragile economies. China long had resisted a loosened yuan, fearing it would hurt the country's powerful export market. A stronger yuan makes Chinese products more expensive overseas, while making imports more affordable for Chinese consumers.

A freer currency market is the latest step from China's leaders to overhaul the country's financial system. Beijing has moved to bring the country's informal lending sector out of the shadows; has openly questioned the dominance of state-owned banks; and has eased its capital restrictions, amid complaints from both inside and outside the country that the financial system is inadequate to sustain the world's No. 2 economy.

The decision to widen the yuan's daily trading range was cautiously welcomed by Washington and the International Monetary Fund. "We've obviously over the course of the last several years pressed the Chinese to take additional steps to appreciate their currency and to come in line with international markets," said Ben Rhodes, White House deputy national security adviser for strategic communication. "They've made some progress."

3.  Gunman in Norway Claims Self-Defense as Trial Begins
New York Times  April 16, 2012


OSLO — By turns defiant, impassive and, just once, tearful, a self-described anti-Islamic militant who admitted carrying out Norway’s worst peacetime atrocity last year, killing 77 people including scores of young people at a summer camp on a tranquil, wooded island, went on trial here on Monday proclaiming that he had acted in self-defense, bore no criminal guilt and rejected the authority of the court.

In remarkable evidence played to a packed and shocked courtroom, recordings of cellphone calls made by the gunman to the police suggested that he had tried twice to give himself up and had simply gone on killing in the absence of officers to accept his surrender. In the period after the first call to his final shot, prosecutors said, 41 people died.

The gunman, Anders Behring Breivik, 33, has admitted on several occasions that he carried out the rampage on July 22, in which 69 people were shot and killed on Utoya Island, near Oslo, where the youth wing of the governing Labor Party was holding a summer camp. Hours earlier, a car bombing in central Oslo killed eight people.

As the grisly evidence unfolded, and some of the bereaved families and survivors in the courtroom sobbed, Mr. Breivik remained mostly impassive, and at one point seemed to discreetly stifle a yawn. Only as the court viewed a video that Mr. Breivik had made before the attacks to publicize his cause, did he break down in tears, dabbing at his face.

2012年4月12日 星期四

Latest news clippings 2012.04.12


1.      The Earth is full - CNN.com
CNN    2012-04-08


(CNN) -- For 50 years the environmental movement has unsuccessfully argued that we should save the planet for moral reasons, that there were more important things than money. Ironically, it now seems it will be money -- through the economic impact of climate change and resource constraint -- that will motivate the sweeping changes necessary to avert catastrophe.

The reason is we have now reached a moment where four words -- the earth is full -- will define our times. This is not a philosophical statement; this is just science based in physics, chemistry and biology. There are many science-based analyses of this, but they all draw the same conclusion -- that we're living beyond our means.

The eminent scientists of the Global Footprint Network, for example, calculate that we need about 1.5 Earths to sustain this economy. In other words, to keep operating at our current level, we need 50% more Earth than we've got.

2.      Chinese Medicine Goes Under the Microscope
The Wall Street Journal    April 2, 2012, 

There's growing acceptance that herbal medicines could be effective for medical conditions, but the scientific evidence to vault such a treatment into an approved drug is often lacking. As Shirley Wang explains on Lunch Break, researchers are making progress on a cancer treatment based on a common herbal combination in Chinese medicine.
Scientists studying a four-herb combination discovered some 1,800 years ago by Chinese herbalists have found that the substance enhances the effectiveness of chemotherapy in patients with colon cancer.
        Chinese peony                                        Chinese licorice     
Early studies show a traditional four-herb combination has cancer-treatment benefits. The herbs are Chinese peony (pictured), Chinese jujube, Chinese licorice and baikal skullcap.
The mixture, known in China as huang qin tang, has been shown in early trials to be effective at reducing some side effects of chemotherapy, including diarrhea, nausea and vomiting. The herbs also seem to bolster colon-cancer treatment: Tests on animals with tumors have shown that administering the herbs along with chemotherapy drugs restored intestinal cells faster than when chemo was used alone.
The herb combination, dubbed PHY906 by scientists, is a rare example of a plant-based product used in traditional folk medicine that could potentially jump the hurdle into mainstream American therapy. A scientific team led by Yung-Chi Cheng, an oncology researcher at Yale University, and funded in part by the National Cancer Institute, is planning to begin Phase II clinical trials to study PHY906's effectiveness in people with colon cancer.
     Chinese jujube                                        Baikal skullcap.
                       
Many conventional medications are derived from individual chemical agents originally found in plants. In the case of huang qin tang, however, scientists so far have identified 62 active chemicals in the four-herb combination that apparently need to work together to be effective.
"What Dr. Cheng is doing is keeping [the herbal combination] as a complex entity and using that as an agent," says Josephine Briggs, head of the federal National Center for Complementary and Alternative Medicine, which is helping fund some of the PHY906 research. "It's polypharmacy," or the equivalent of several drugs being administered at once.
Dr. Cheng began his research on huang qin tang about a dozen years ago when he sought a better way of dealing with the chemotherapy's side effects. A variety of medications are currently used to treat these symptoms, but with varying success. A more effective technique could improve patients' quality of life and possibly allow them to tolerate a larger dose of chemo, which might speed up their course of treatment, he says.

3.      India links better ties to Pakistan's counterterrorism efforts
      DW-TV    April 09, 2012


INTERNATIONAL RELATIONS
Pakistani President Zardari has met with the Indian prime minister in New Delhi raising hopes for further reconciliation between the nuclear rivals. Both agreed to work at improving the bilateral relationship.
The high-voltage political meet between the leaders of India and Pakistan went according to script. Over a mouth-watering spread of delicacies, tastefully selected from various regions, Sunday's lunch meeting in New Delhi between Prime Minister Manmohan Singh and the visiting Pakistan President Asif Ali Zardari seems to have set the stage for an early and productive visit by the former to Islamabad.
Fresh hope
Singh and Zardari had a 40-minute meeting before the lunch that was described as "very constructive and friendly."

"We have a number of issues and we are willing to find practical and pragmatic solutions to all those issues and that is the message President Zardari and I would wish to convey," said Prime Minister Singh.
In response, Zardari, who hoped to meet the Indian leader on Pakistani soil very soon, said, "We have had very fruitful bilateral talks."