BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
Read More »Fauci optimistic about the prospects for the US vaccine, not worried that China will win the race
(Reuters) – The leading US infectious disease expert, Dr. Anthony Fauci, predicted Wednesday that the country will reach its goal of a coronavirus vaccine by the end of the year and was not moved by the possibility that China would come first. FILE PHOTO: Dr. Anthony Fauci, Director of the …
Read More »US Paycheck Protection Reached Some of Its Brands, But Lost the Most Vulnerable
(Reuters) – The Paycheck Protection Program appears to have thrown a critical safety net under the US mid- and upper-middle-income jobs, but faltered when it comes to lower-paid jobs and industries hardest hit by the coronavirus pandemic, according to a Reuters analysis of the loan details. FILE PHOTO: People visit …
Read More »Trump downplays police violence against blacks, says ‘more white people’ were killed
WASHINGTON (Reuters) – President Donald Trump on Tuesday praised US police departments and downplayed police violence against blacks, saying “more white people” are killed by police officers. During a CBS News interview, the Republican president was asked why blacks continued to die at the hands of law enforcement. “And also …
Read More »Trump downplays police violence against blacks, says ‘more white people’ were killed
WASHINGTON (Reuters) – President Donald Trump on Tuesday praised US police departments and downplayed police violence against blacks, saying “more white people” are killed by police officers. During a CBS News interview, the Republican president was asked why blacks continued to die at the hands of law enforcement. “And also …
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