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    A Canadian judge has granted a postponement of Meng's extradition hearing until Aug

    A Canadian judge has granted a postponement of Meng’s extradition hearing until Aug

    Huawei v. Swedish Postal and Telecommunications Authority restricts its participation in 5G cases

    Huawei v. Swedish Postal and Telecommunications Authority restricts its participation in 5G cases

    An example of the United States breaking international rules

    An example of the United States breaking international rules

    Huawei and HSBC reached an agreement on the disclosure of documents in the Meng Wanzhou case, and Huawei responded.

    Huawei and HSBC reached an agreement on the disclosure of documents in the Meng Wanzhou case, and Huawei responded.

    Facebook blocked the Russian media program to commemorate the 60th anniversary of Gagarin's space flight, and the Russian government protested.

    Facebook blocked the Russian media program to commemorate the 60th anniversary of Gagarin’s space flight, and the Russian government protested.

    "Artificial Sun" nuclear safety parts completed and will be shipped to France for commissioning.

    “Artificial Sun” nuclear safety parts completed and will be shipped to France for commissioning.

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    President of the Korean Olympic Committee: South Korea firmly supports and actively prepares for the Beijing Winter Olympics

    President of the Korean Olympic Committee: South Korea firmly supports and actively prepares for the Beijing Winter Olympics

    The Tokyo Organizing Committee postponed the decision on the maximum number of spectators or announced it in June

    The Tokyo Organizing Committee postponed the decision on the maximum number of spectators or announced it in June

    Bayern, Dortmund and other Bundesliga giants have made clear their opposition to the Europa League

    Bayern, Dortmund and other Bundesliga giants have made clear their opposition to the Europa League

    Real Madrid and Barcelona are the only clubs to stay in the Europa League for the time being

    Real Madrid and Barcelona are the only clubs to stay in the Europa League for the time being

    The Spanish government has issued a statement saying it does not support the hosting of the European Football Super League

    The Spanish government has issued a statement saying it does not support the hosting of the European Football Super League

    Tottenham: Sack manager Jose Mourinho

    Tottenham: Sack manager Jose Mourinho

    Israel and Greece sign historic defense contract: deepening defense, economic and political ties

    Israel and Greece sign historic defense contract: deepening defense, economic and political ties

    There has been a sudden upheaval in European football! The Head of State of England and France made an urgent statement

    There has been a sudden upheaval in European football! The Head of State of England and France made an urgent statement

    Qatar plans to vaccinate all visitors to the 2022 World Cup

    Qatar plans to vaccinate all visitors to the 2022 World Cup

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    North America Watch - The Mexican president's proposal for Central American immigrants to "plant trees for green cards" has been lukewarm

    North America Watch – The Mexican president’s proposal for Central American immigrants to “plant trees for green cards” has been lukewarm

    Tokyo and other places will issue a third emergency declaration or affect the preparations for the Olympic Games

    Tokyo and other places will issue a third emergency declaration or affect the preparations for the Olympic Games

    A South Korean warship outbreak of collective infection: carrying more than 80 people has been confirmed by 32 officers and soldiers

    A South Korean warship outbreak of collective infection: carrying more than 80 people has been confirmed by 32 officers and soldiers

    An outbreak of Coronavirus in a South Korean naval vessel has been confirmed by 32 people

    An outbreak of Coronavirus in a South Korean naval vessel has been confirmed by 32 people

    How did Asia become the engine of the world's economic recovery?

    How did Asia become the engine of the world’s economic recovery?

    At least 12 people have died in a fire at a designated hospital in western India treating patients with Coronavirus

    At least 12 people have died in a fire at a designated hospital in western India treating patients with Coronavirus

    A teacher at Kuala Lumpur International School in Malaysia has been diagnosed with Coronavirus And all students in the junior high school are required to leave school

    A teacher at Kuala Lumpur International School in Malaysia has been diagnosed with Coronavirus And all students in the junior high school are required to leave school

    Seventy-seven inmates at a U.S. prison have been given an overdose of Coronavirus vaccine

    Seventy-seven inmates at a U.S. prison have been given an overdose of Coronavirus vaccine

    Canada has decided to ban flights from India and Pakistan for 30 days

    Canada has decided to ban flights from India and Pakistan for 30 days

    Eleven foreign workers in Singapore have been confirmed to have contracted the Coronavirus in 10 people suspected of re-infection

    Eleven foreign workers in Singapore have been confirmed to have contracted the Coronavirus in 10 people suspected of re-infection

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      A Canadian judge has granted a postponement of Meng's extradition hearing until Aug

      A Canadian judge has granted a postponement of Meng’s extradition hearing until Aug

      Huawei v. Swedish Postal and Telecommunications Authority restricts its participation in 5G cases

      Huawei v. Swedish Postal and Telecommunications Authority restricts its participation in 5G cases

      An example of the United States breaking international rules

      An example of the United States breaking international rules

      Huawei and HSBC reached an agreement on the disclosure of documents in the Meng Wanzhou case, and Huawei responded.

      Huawei and HSBC reached an agreement on the disclosure of documents in the Meng Wanzhou case, and Huawei responded.

      Facebook blocked the Russian media program to commemorate the 60th anniversary of Gagarin's space flight, and the Russian government protested.

      Facebook blocked the Russian media program to commemorate the 60th anniversary of Gagarin’s space flight, and the Russian government protested.

      "Artificial Sun" nuclear safety parts completed and will be shipped to France for commissioning.

      “Artificial Sun” nuclear safety parts completed and will be shipped to France for commissioning.

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      • Google
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      President of the Korean Olympic Committee: South Korea firmly supports and actively prepares for the Beijing Winter Olympics

      President of the Korean Olympic Committee: South Korea firmly supports and actively prepares for the Beijing Winter Olympics

      The Tokyo Organizing Committee postponed the decision on the maximum number of spectators or announced it in June

      The Tokyo Organizing Committee postponed the decision on the maximum number of spectators or announced it in June

      Bayern, Dortmund and other Bundesliga giants have made clear their opposition to the Europa League

      Bayern, Dortmund and other Bundesliga giants have made clear their opposition to the Europa League

      Real Madrid and Barcelona are the only clubs to stay in the Europa League for the time being

      Real Madrid and Barcelona are the only clubs to stay in the Europa League for the time being

      The Spanish government has issued a statement saying it does not support the hosting of the European Football Super League

      The Spanish government has issued a statement saying it does not support the hosting of the European Football Super League

      Tottenham: Sack manager Jose Mourinho

      Tottenham: Sack manager Jose Mourinho

      Israel and Greece sign historic defense contract: deepening defense, economic and political ties

      Israel and Greece sign historic defense contract: deepening defense, economic and political ties

      There has been a sudden upheaval in European football! The Head of State of England and France made an urgent statement

      There has been a sudden upheaval in European football! The Head of State of England and France made an urgent statement

      Qatar plans to vaccinate all visitors to the 2022 World Cup

      Qatar plans to vaccinate all visitors to the 2022 World Cup

    • Lifestyle
      • All
      • Fashion
      • food
      • Health
      • Travel
      North America Watch - The Mexican president's proposal for Central American immigrants to "plant trees for green cards" has been lukewarm

      North America Watch – The Mexican president’s proposal for Central American immigrants to “plant trees for green cards” has been lukewarm

      Tokyo and other places will issue a third emergency declaration or affect the preparations for the Olympic Games

      Tokyo and other places will issue a third emergency declaration or affect the preparations for the Olympic Games

      A South Korean warship outbreak of collective infection: carrying more than 80 people has been confirmed by 32 officers and soldiers

      A South Korean warship outbreak of collective infection: carrying more than 80 people has been confirmed by 32 officers and soldiers

      An outbreak of Coronavirus in a South Korean naval vessel has been confirmed by 32 people

      An outbreak of Coronavirus in a South Korean naval vessel has been confirmed by 32 people

      How did Asia become the engine of the world's economic recovery?

      How did Asia become the engine of the world’s economic recovery?

      At least 12 people have died in a fire at a designated hospital in western India treating patients with Coronavirus

      At least 12 people have died in a fire at a designated hospital in western India treating patients with Coronavirus

      A teacher at Kuala Lumpur International School in Malaysia has been diagnosed with Coronavirus And all students in the junior high school are required to leave school

      A teacher at Kuala Lumpur International School in Malaysia has been diagnosed with Coronavirus And all students in the junior high school are required to leave school

      Seventy-seven inmates at a U.S. prison have been given an overdose of Coronavirus vaccine

      Seventy-seven inmates at a U.S. prison have been given an overdose of Coronavirus vaccine

      Canada has decided to ban flights from India and Pakistan for 30 days

      Canada has decided to ban flights from India and Pakistan for 30 days

      Eleven foreign workers in Singapore have been confirmed to have contracted the Coronavirus in 10 people suspected of re-infection

      Eleven foreign workers in Singapore have been confirmed to have contracted the Coronavirus in 10 people suspected of re-infection

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      U.S. Economy under the Pandemic: U.S. stocks have been hit hard again, and triple blows strike

      October 30, 2020
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      On October 28, local time, due to concerns about Coronavirus Pandemic and its potential impact on the global economy, U.S. stocks fell sharply. The three major stock indexes fell by more than 3%.

      The Dow Jones and S&P 500 indexes both hit records since June 11. The biggest one-day drop since Japan. Market analysts believe that the accelerated rebound of the global Pandemic, the uncertainty brought about by the US election, and the continued difficulty of the new round of bailout bills are causing a triple blow to the market.

      Bloomberg reported that the S&P 500 Index fell sharply on October 28, the biggest one-day drop in four months

      The Pandemic worsens, the stock market is hit hard

      The three major US stock indexes closed down sharply on October 28, with a drop of more than 3%. Among them, the Dow Jones Industrial Average fell 3.43% to 26,519.95 points. The Standard & Poor’s 500 Index fell 3.53% to 3,271.03 points. The Nasdaq Composite Index fell 3.73% to 1,1004.87 points.

      Affected by the surge in confirmed cases of the Coronavirus Pandemic, the benchmark S&P 500 index hit its biggest decline since June. Energy stocks fell along with oil prices, and technology stocks fell generally. The VIX volatility index, which measures the volatility of US stocks, has climbed to its highest level since June. Level.

      “The Wall Street Journal” analyzed that the worsening of the Coronavirus Pandemic may cause the United States and Europe to adopt stricter restrictions, which will drag the fragile economic recovery. U.S. stocks continued to fall this week under the influence of many uncertain factors, triggering discussions among investors about whether this round of sharp decline means buying opportunities or market turn.

      “A month ago, the market said that the lockdown measures will be limited and targeted, and therefore have less impact on the economy.” said Hugh Kimber, global market strategist at JPMorgan Asset Management. “But now , What we see is a wider concern that the blockade measures may have a greater scope and impact.”

      Statistics from Johns Hopkins University show that as of 22:00 Eastern Time on October 28, the cumulative number of confirmed cases of Coronavirus in the United States exceeded 8.85 million, reaching 8,855,180, and the cumulative number of deaths was 227,673. 

      According to Reuters statistics on October 27, nearly 500,000 people in the United States have been infected with Coronavirus Pandemic in the past seven days.

      In order to curb the spread of the Pandemic, Illinois, New Jersey, Idaho and other states have successively introduced new rounds of lockdown measures, and other regions are also preparing restrictions. For example, Chicago will ban indoor dining from October 30, and Denver will restrict dining. Milwaukee will further restrict restaurants, bars and school sports activities.

      Susan Weber, founder and chief investment officer of Apomatos Consulting in New York, said that the market’s concern is that the blockade measures will stagnate 20% of the U.S. economy, spreading to industries such as tourism, entertainment, and catering.

      The economic body of the industry has a shock. She also attributed part of the reason for the stock market crash to investors adjusting their investment portfolios when assessing the Pandemic in different regions.

      On the other hand, the “bad news” from Europe continues to shake investor confidence. German Chancellor Merkel said on the 28th that Germany will implement a one-month emergency lockdown, including closing restaurants, gyms and theaters. 

      French President Macron stated in a speech to the nation on the same day that France will re-implement nationwide blockade measures from this week to curb the spread of the Coronavirus Pandemic. 

      The continued deterioration of the Pandemic in the United States and Europe has prompted more and more investors to carefully assess the sustainability of the global economic recovery.

      “The Wall Street Journal” said that due to the surge in Coronavirus cases, US stocks closed sharply lower

      The worsening of the Pandemic, the uncertainty of the general election, the delay of the bailout bill…the triple blow to investors

      According to Bloomberg’s analysis, in addition to the large-scale outbreak of the Pandemic, the White House and Congress failed to reach an agreement on a new round of bailout bill before the November 3 general election, which also had a negative impact on investor sentiment. 

      Many economists believe that the short-term rebound of the US economy is more temporarily driven by the government’s lifting of the blockade and the introduction of stimulus policies.

      The recovery is quite fragile and the fundamentals of the US economy have not been fundamentally improved.

      In fact, with the rebound of the Pandemic and the expiration of some government stimulus policies, corporate bankruptcies and permanent unemployment increase, the momentum of the US economy is weakening. 

      Fed Chairman Powell has repeatedly emphasized that the outlook for the U.S. economy still largely depends on the trend of the Pandemic and the policy actions taken by the U.S. government.

      The U.S. economy is unlikely to fully recover until people are convinced of the safety of re-participating in extensive activities.

      University of Chicago Economics Professor Osten Gulsby said that overwhelming evidence from the United States and other countries around the world shows that preventing the spread of the Pandemic is a prerequisite for sustained economic recovery, and where the Pandemic is well controlled, the economic loss is also small. 

      He believes that rescue measures are very important to alleviate the impact of the Pandemic, but nothing is more important than stopping the spread of the Pandemic.

      In addition to the continuing deterioration of the Pandemic and the difficult delivery of the bailout bill, analysts also warned that market volatility before and after the election will increase. Some investors are worried that this election may produce a controversial result.

      As the number of mail-in votes is expected to surge, the result of the general election cannot be determined within a few weeks. Many investors have been betting that there will be uncertainty for a long time after the election. Parag Tate, a strategist at Deutsche Bank, pointed out that American politics “may have more chaotic results…this possibility has not disappeared.”

      The Wall Street Journal also stated that some investors are still cautious about the US election, especially in the days after the election on November 3, delays in mailing ballot statistics or other complications may lead to further uncertainty. 

      It now appears that the S&P 500 Index is approaching its worst performance ever recorded in the week before the presidential election.

      Citi Private Bank’s global investment director David Bailin said that although the uncertainty related to the change of government has always caused the stock market to sell off, the uncertainty is particularly obvious this time.

      One of the reasons is that investors are worried about a period of time Unable to produce results, US political risks may affect the global economy.

      “Obviously, the uncertainty surrounding the U.S. election is still lingering, and the Pandemic has accelerated its rebound in Europe and the United States.”

      State Street Global Advisors Global Deputy Chief Investment Officer Luo Li Henier said, “Then you again I heard that until the final medical solution appears, the bailout bill, which is necessary for economic recovery, will not be introduced for the time being.

      This is the triple blow we are facing now.”

      Tags: EconomyWorldwide

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