Exclusive: Chinese banks prepare contingency plans over threat of U.S. sanctions, sources say

FILE PHOTO: A general view of the financial Central district in Hong Kong, China July 25, 2019. REUTERS/Tyrone Siu/File Photo July 9, 2020 By Cheng Leng, Julie Zhu and Engen Tham BEIJING/HONG KONG/SHANGHAI (Reuters) – Chinese state lenders are revamping contingency plans in anticipation of U.S. legislation that could penalise banks for serving officials who … Continue reading Exclusive: Chinese banks prepare contingency plans over threat of U.S. sanctions, sources say

Obama admin shut down H1N1 testing, complicating Biden’s attacks on Trump’s coronavirus screening

Joe Biden is stepping up his attacks on the Trump administration’s coronavirus testing management, saying Wednesday that “the crisis in Arizona is the direct result of Donald Trump’s failure to lead and his desire to ‘slow the testing down,’ and Americans are suffering the consequences.” Biden specifically called for the White House to “immediately resume … Continue reading Obama admin shut down H1N1 testing, complicating Biden’s attacks on Trump’s coronavirus screening

Atlantia board to discuss motorway concession situation on Thursday: source

July 9, 2020 MILAN (Reuters) – The board of Italian infrastructure group Atlantia <ATL.MI> will discuss the situation over the motorway concession of its unit Autostrade per l’Italia at a board meeting on Thursday, a source close to the matter said. On Wednesday Prime Minister Giuseppe Conte said a long-running dispute over whether or not … Continue reading Atlantia board to discuss motorway concession situation on Thursday: source

Court defeat knocks Atlantia as key contract decision looms

FILE PHOTO: The collapsed Morandi Bridge is seen in the Italian port city of Genoa, Italy August 16, 2018. REUTERS/Stefano Rellandini/File Photo July 9, 2020 By Giulia Segreti ROME (Reuters) – Atlantia <ATL.MI> shares dropped 9% on Thursday after it lost a legal dispute and the Italian government moved towards resolving a long-running political stalemate … Continue reading Court defeat knocks Atlantia as key contract decision looms

China must take steps to stabilise foreign trade: vice premier

FILE PHOTO: Chinese Vice Premier Hu Chunhua attends a meeting with Britain’s Chancellor of the Exchequer Philip Hammond (not pictured) at Diaoyutai State Guesthouse in Beijing, China, April 25, 2019. REUTERS/Jason Lee/Pool July 9, 2020 BEIJING (Reuters) – China must take steps to stabilise foreign trade and support firms to survive the difficult times, the … Continue reading China must take steps to stabilise foreign trade: vice premier

Dubai non-oil private sector emerges from contraction in June: PMI

FILE PHOTO: People walk outside Dubai mall after the UAE government eased a curfew and allowed stores to open, following the outbreak of the coronavirus disease (COVID-19) in Dubai, United Arab Emirates May 3, 2020. REUTERS/Abdel Hadi Ramahi/File Photo July 9, 2020 DUBAI (Reuters) – Dubai’s non-oil private sector was steady in June, the first … Continue reading Dubai non-oil private sector emerges from contraction in June: PMI

ECB will be as innovative as needed with policy tools, Villeroy says

FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau speaks during a news conference at the G7 finance ministers and central bank governors meeting in Chantilly, near Paris, France, July 18, 2019. REUTERS/Pascal Rossignol July 9, 2020 PARIS (Reuters) – The European Central Bank is prepared to get more innovative with its … Continue reading ECB will be as innovative as needed with policy tools, Villeroy says

NYC Mayor de Blasio would lose authority over NYPD under state AG’s plan: report

Recent protests in New York City have shaken the public’s faith in the city’s police department to the point where Mayor Bill de Blasio should no longer have authority in law enforcement matters, New York’s state attorney general said Wednesday. “I believe we need to bridge the undeniable divide between police and public,” Letitia James … Continue reading NYC Mayor de Blasio would lose authority over NYPD under state AG’s plan: report

Volkswagen can face dieselgate suits where cars bought, rules EU court

The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir July 9, 2020 BRUSSELS (Reuters) – EU consumers should be able to sue Volkswagen <VOWG.p.DE> in their national courts if they have bought cars with emission cheat … Continue reading Volkswagen can face dieselgate suits where cars bought, rules EU court

UK on course to borrow 350 billion pounds in 2020/21, IFS says

FILE PHOTO: Chancellor of the Exchequer Rishi Sunak leaves Downing Street, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 4, 2020. REUTERS/John Sibley/File Photo July 9, 2020 LONDON (Reuters) – British government borrowing is on course to surge to around 350 billion pounds ($442 billion) this year following the latest spending measures … Continue reading UK on course to borrow 350 billion pounds in 2020/21, IFS says

German exports rebound in May as end of lockdown revives demand

FILE PHOTO: Aerial view of containers at a loading terminal in the port of Hamburg, Germany August 1, 2018. REUTERS/Fabian Bimmer/File Photo July 9, 2020 BERLIN (Reuters) – German exports rebounded in May on higher demand spurred by the lifting of lockdown measures that had been introduced to contain the spread of the coronavirus, the … Continue reading German exports rebound in May as end of lockdown revives demand

Blackburn rips BLM’s ‘trained Marxists’ as threat to US – day after calling on Omar to resign

U.S. Sen. Marsha Blackburn, R-Tenn., communicated in no uncertain terms on Wednesday regarding “trained Marxists” threatening America. “The founders of the political arm of the Black Lives Matter organization are self-proclaimed ‘trained Marxists,’” Blackburn wrote on Twitter. “We are witnessing a movement to wipe out our history, destroy our families and burn our country to … Continue reading Blackburn rips BLM’s ‘trained Marxists’ as threat to US – day after calling on Omar to resign

Professor doubles down on prediction model of Trump’s chances in 2020

Despite recent polls that identify Joe Biden as the heavy favorite in 2020, a political science professor is still standing by his prediction model that shows President Trump having a “91 percent” chance of winning in November. Mediaite reported on Wednesday that Stony Brook Professor Helmut Norpoth is doubling down on his “Primary Model,” which has correctly predicted five out … Continue reading Professor doubles down on prediction model of Trump’s chances in 2020

CNN’s Cooper: Trump Doesn’t Care About the ‘Health and Safety’ of Kids, Teachers and Parents

Wednesday on CNN, anchor Anderson Cooper accused President Donald Trump of not caring about the “health and safety” of American children, teachers and parents while his administration works to reopen schools amid the coronavirus pandemic. Cooper said, “Today the president of the United States did something rare: He expressed a notion that we can all … Continue reading CNN’s Cooper: Trump Doesn’t Care About the ‘Health and Safety’ of Kids, Teachers and Parents

China’s producer prices extend declines amid sluggish demand

July 9, 2020 BEIJING (Reuters) – China’s factory gate prices fell for the fifth consecutive month in June but at a slower-than-expected pace, with persistent deflation in the industrial sector highlighting the lasting economic impact of the coronavirus pandemic. The producer price index (PPI) in June fell 3.0% from a year earlier, China’s National Bureau … Continue reading China’s producer prices extend declines amid sluggish demand

Biden could be ‘most progressive president since FDR,’ Sanders predicts

Just days after Joe Biden declared that he would “transform” the country if elected, Vermont Sen. Bernie Sanders predicted Wednesday that Biden could become the “most progressive president” since Franklin D. Roosevelt. Sanders’ remarks came as a task force set up by the two former rivals released a wide-ranging set of recommendations for the party’s convention platform. “The … Continue reading Biden could be ‘most progressive president since FDR,’ Sanders predicts

Texas Republican’s in-person Houston convention canceled over coronavirus

A day after the state surpassed 10,000 new confirmed cases of COVID-19 in a single day, Houston officials on Wednesday canceled the Texas Republican Party’s in-person convention, saying the spread of the coronavirus made it impossible to hold the event as scheduled. Houston Mayor Sylvester Turner said the city’s lawyers exercised provisions in the contract … Continue reading Texas Republican’s in-person Houston convention canceled over coronavirus

Sanders: If Biden Follows Platform Compromises from Task Forces, He’ll Be ‘Most Progressive President Since FDR’

On Wednesday’s broadcast of MSNBC’s “All In,” Sen. Bernie Sanders (I-VT) said that if the platforms created as a result of the task forces that Sanders helped form with 2020 Democratic presidential candidate former Vice President Joe Biden are implemented, then Biden will be “the most progressive president since FDR.” Sanders said, “I was glad … Continue reading Sanders: If Biden Follows Platform Compromises from Task Forces, He’ll Be ‘Most Progressive President Since FDR’

Joe Biden doesn’t inspire confidence in young Black voters: report

Joe Biden doesn’t appear to be inspiring confidence among young Black voters, a new report claims. On Wednesday, USA Today reported that many young Black voters aren’t enthusiastic about the presidential candidate and some are even hesitant to vote for him in November. “[Young Black voters] are going to have some reservations about Joe Biden,” … Continue reading Joe Biden doesn’t inspire confidence in young Black voters: report

China state media commentary urges investor respect for market

FILE PHOTO: A trader stretches on the trading floor at the Shanghai Stock Exchange in Lujiazui Financial Area before Britain’s Chancellor of the Exchequer George Osborne’s visit in Shanghai, China, September 22, 2015. REUTERS/Aly Song July 9, 2020 SHANGHAI (Reuters) – Investors should respect the market, manage risks and pursue rational investments, Chinese state-run media … Continue reading China state media commentary urges investor respect for market

De Blasio Delivers Another Blow to NYC Families: Schools to Open Part-time in Fall 

It has been almost four months since more than one million children in New York City were banned from their classrooms to stop the spread of coronavirus and parents were tasked with educating their children. And it is still two months away from the traditional start of public schools in September, but Mayor Bill de … Continue reading De Blasio Delivers Another Blow to NYC Families: Schools to Open Part-time in Fall 

Proposed Democrat Platform Gives U.S. Asylum to the World’s Migrants

A proposed policy platform for the Democrat Party, drafted by supporters of presumed Democrat presidential nominee Joe Biden and Sen. Bernie Sanders (I-VT), would give asylum to the world’s migrants — inviting them all to the United States to live and work. The document, known as the Biden-Sanders Unity Task Force Recommendations, would provide amnesty … Continue reading Proposed Democrat Platform Gives U.S. Asylum to the World’s Migrants

BOJ’s Kuroda says economy to improve as pandemic impact subsides

FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda, speaks during an interview with Reuters in Washington, U.S. October 19, 2019. REUTERS/Carlos Jasso July 9, 2020 TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday the economy will remain in a severe state but improve ahead as the impact from the coronavirus … Continue reading BOJ’s Kuroda says economy to improve as pandemic impact subsides

NYT, Not So Fast: Biden ‘Can Hardly Wait’ to Compare ‘Cognitive Ability’ with Trump’s

Presumptive Democratic nominee Joe Biden said he can “hardly wait” to compare his cognitive ability with President Donald Trump’s in upcoming debates. Meanwhile, the New York Times does not appear to share Biden’s confidence in taking on Trump and is demanding preconditions for debates. Last week, at his first press conference in three months, Biden … Continue reading NYT, Not So Fast: Biden ‘Can Hardly Wait’ to Compare ‘Cognitive Ability’ with Trump’s

Supreme Court rules in favor of religious liberty in 2 landmark cases

Tom Alexander holds a cross as he prays prior to rulings outside the Supreme Court on Capitol Hill in Washington, Wednesday, July 8, 2020.(AP Photo/Patrick Semansky) OAN NewsroomUPDATED 6:00 PM PT — Wednesday, July 8, 2020 The Supreme Court handed down a series of wins for the Trump administration in two major rulings this week. … Continue reading Supreme Court rules in favor of religious liberty in 2 landmark cases

Mary Trump’s claim Trump paid Joe Shapiro to take SATs conflicts with timeline, Shapiro’s wife says

President Trump’s niece Mary L. Trump alleges in her new tell-all book that her uncle paid a friend to take a college admissions test more than 50 years ago so he could gain acceptance into the elite Wharton School at the University of Pennsylvania. However, a new video from the wife of the now-deceased friend tells … Continue reading Mary Trump’s claim Trump paid Joe Shapiro to take SATs conflicts with timeline, Shapiro’s wife says

Japan’s machinery orders tick up, signals resilience in capital spending

FILE PHOTO: Heavy machinery is seen at a construction site in Tokyo, Japan, January 14, 2016. REUTERS/Toru Hanai July 9, 2020 By Leika Kihara TOKYO (Reuters) – Japan’s machinery orders unexpectedly rose in May, offering policymakers some comfort capital expenditure has held up despite the hit to corporate profits from the coronavirus pandemic. Core orders, … Continue reading Japan’s machinery orders tick up, signals resilience in capital spending

Pennsylvania Poll: Biden Leads Trump by 5, but Republicans Continue to Narrow Voter Registration Gap

A poll released by the Trafalgar Group on Monday shows presumptive Democrat nominee Joe Biden leads President Trump by five points in Pennsylvania, 48 percent to 43 percent. The results are consistent with the three most recent polls in the Keystone State included in the RealClearPolitics average of polls, which, when the Trafalgar Group poll … Continue reading Pennsylvania Poll: Biden Leads Trump by 5, but Republicans Continue to Narrow Voter Registration Gap

Amazon Bans Advertising for Book Focused on Trangenderism Harming Young Women

The publisher of a book about the harmful trend of young women embracing the transgender ideology has been blocked by Amazon from advertising the publication on its website. The book, Irreversible Damage: The Transgender Craze Seducing Our Daughters, focuses on how the transgender movement is hurting young women by trying to normalize the idea that … Continue reading Amazon Bans Advertising for Book Focused on Trangenderism Harming Young Women