News: Economy

  • Twitter flags Trump tweet on Minneapolis protests for 'glorifying violence'
    May 29, 2020

    Twitter flags Trump tweet on Minneapolis protests for 'glorifying violence'The social media platform added a warning to his tweet encouraging violence against unarmed civilians protesting the death of George Floyd.


  • Can you contract coronavirus from a surface or object???
    May 29, 2020

    Can you contract coronavirus from a surface or object???The CDC says that it may be possible to contract COVID-19 by coming in contact with a surface or object that has the virus on it, but you're much more likely to get the coronavirus through person-to-person transmission.


  • Long Island serial killer victim IDed 2 decades later
    May 28, 2020

    Long Island serial killer victim IDed 2 decades laterA woman whose skeletal remains were found along a suburban New York beach highway, in an area where body parts of 10 other people had been strewn, was identified as a Philadelphia escort who went missing two decades ago, police said Thursday. Suffolk County police said the woman previously known as ???Jane Doe No. 6??? was identified through genetic genealogy technology as Valerie Mack, who also went by Melissa Taylor and was last seen in 2000 near Atlantic City, New Jersey. Determining the victim's identity has brought clarity to a long-running Long Island mystery that attracted national headlines, was featured on true-crime TV shows and was the subject of a recent Netflix film, Police Commissioner Geraldine Hart said.


  • China plans to extend curbs on international flights until June 30: U.S. embassy
    May 29, 2020

    China plans to extend curbs on international flights until June 30: U.S. embassyChinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday. China has drastically cut such flights since March to allay concerns over infections brought by arriving passengers. A so-called "Five One" policy allows mainland carriers to fly just one flight a week on one route to any country and foreign airlines to operate just one flight a week to China.


  • Israel police kill Palestinian they mistakenly thought was armed
    May 30, 2020

    Israel police kill Palestinian they mistakenly thought was armedIsraeli police in annexed east Jerusalem on Saturday shot dead a disabled Palestinian they mistakenly thought was armed with a pistol, prompting furious condemnation from the Palestinians. The incident happened in the alleys of the walled Old City near Lions' Gate, an access point mainly used by Palestinians. "Police units on patrol there spotted a suspect with a suspicious object that looked like a pistol," an Israeli police statement said.


  • Fire and Fury: Crowd Attacks CNN Center in Atlanta
    May 29, 2020

    Fire and Fury: Crowd Attacks CNN Center in AtlantaCNN Center, the cable network???s Atlanta headquarters, came under attack Friday night during protests over police brutality sparked by the death of an unarmed black man in Minneapolis.A largely peaceful demonstration erupted first in vandalism, then in violence. Cops used pepper spray, and then some in the crowd were seen smashing windows and defacing the giant CNN sign with spray-paint. Down the street, a police car was set ablaze.CNN correspondent Nick Valencia began reporting on the frightening scene from a stairway inside the building, behind a phalanx of SWAT officers in the lobby, with an angry mob standing on the other side of the broken and missing plate glass.???I have a daughter and wife I want to get home to tonight,??? Valencia told anchor Chris Cuomo.Protesters lobbed objects at the windows and into the lobby, and at least one officer was struck. What appeared to be a flash-bang device landed in front of police and large gusts of smoke went up into the air.One protester breached the building and was immediately arrested by cops as Valencia shouted questions at him, asking why he was there. ???Change,??? he replied.As the violence flared and the situation in the lobby became more precarious, cops began firing tear gas and the crowd quickly began to thin out. Live footage showed over a dozen police officers holding the line with shields, barricades, and armored vehicles pushing protesters away from the building as objects continued to be hurled. The tense scene unfolded just hours after CNN found itself at the center of the story about protests in Minneapolis, where George Floyd died, pleading ???I can???t breathe??? while a police officer kneeled on his neck.Reporter Omar Jimenez and members of his crew were arrested by state police while covering fiery demonstrations in the city???prompting the governor of Minnesota to issue a public apology.???There is absolutely no reason something like this should happen. Calls were made immediately. This is a very public apology to that team. It should not happen,??? Gov. Tim Walz said in a Friday news conference, adding that he took ???full responsibility??? for the early-morning incident. ???I failed you last night in that.???President Trump, on the other hand, appeared to gloat, retweeting a message that read, ???In an ironic twist of fate, CNN HQ is being attacked by the very riots they promoted as noble & just.???In a Friday evening press conference, Atlanta Mayor Keisha Lance Bottoms was visibly angry as she told protesters to ???go home??? after thousands marched from the Georgia capitol to the Centennial Olympic Park before gathering outside CNN. ???What I see happening on the streets of Atlanta is not Atlanta. This is not a protest, This is not in the spirit of Martin Luther King, Jr. This is chaos. A protest has a purpose,??? Bottoms said, stating that the protests are ???disgracing the life of George Floyd.??????When Dr. King was assassinated, we didn't do this to our city. If you want to change in America, go and register to vote...that is the change we need in this country.???Rapper T.I. also spoke at the mayor???s press conference, stating that Atlanta ???has already been here for us??? and does not deserve to be burnt down. ???This is a moment where people are fed up. I have to make an appeal to my brothers and sisters because I realize the only way to get constructive change is through nonviolent means,??? Bernice King, the daughter of Dr. Martin Luther King Jr., added. Their pleading did not not sway everyone. As midnight neared, looters descended on upscale malls in Buckhead, and firefighters were blocked from reaching a blaze at Del Frisco???s Grille.???There have been multiple instances of shots being fired in close proximity to our officers and shots were fired at an officer in a patrol vehicle on Peachtree Road at Lenox Road. We continue our efforts at restoring peace in our city,??? Sgt. John Chafee said in a statement.Georgia Gov. Brian Kemp declared a state of emergency and activated 500 National Guard members in an attempt to restore order.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


  • Republican lawmakers accused of hiding positive COVID-19 test result from Democrats, who call it 'immoral'
    May 28, 2020

    Republican lawmakers accused of hiding positive COVID-19 test result from Democrats, who call it 'immoral'Democratic lawmakers in the Pennsylvania House of Representatives are demanding answers after learning that one of their Republican colleagues tested positive for COVID-19, shared that information with GOP leadership, but never informed them.


  • The End of Hong Kong?
    May 29, 2020

    The End of Hong Kong?The 1997 handover of Hong Kong from Britain to the People???s Republic of China marked the end of Western colonial rule in the region. Optimistic Western policy hands hoped that the final mending of the ???unequal treaties,??? as they were called by the Chinese Communist Party, would initiate Beijing???s integration into the rules-based world order.Recent events in??Hong??Kong??put paid to this hope.The days of China???s ???peaceful rise,??? when the CCP steadfastly denied its hegemonic ambitions, are long gone. In light of China???s clampdown on??Hong??Kong, the transfer of the autonomous region now appears to have entailed swapping one imperial government for another. As if to remove any doubt, China???s National People???s Congress bypassed the??Hong??Kong??Legislative Council this week and imposed a new national-security law. The law, which bans all ???seditious activity,??? effectively nullifies the??Hong??Kong??Basic Law according to which the territory is guaranteed autonomy from the Mainland until 2047.Secretary of State Mike Pompeo responded appropriately in announcing that, under the Hong Kong Human Rights and Democracy Act passed last year, Washington would no longer consider Hong Kong independent of China. The White House will reconsider the privileges and immunities granted to the autonomous region, including its preferential trade status, visa exemptions, and flexible foreign-exchange regime.Critics argue that the measures will cause undue economic harm to the region.??Hong??Kong???s economy will suffer, but the millions of??Hong??Kongers who have taken to the streets in protest have demonstrated in no uncertain terms that they value freedom over GDP growth. Indeed, the rule of law is what allowed??Hong??Kong??to build a thriving economy in the first place. The short-term harms from reduced trade and investment pale in comparison to the disaster of Mainland dominance of??Hong??Kong. Worse, allowing China to violate the 1984 Sino???British Joint Declaration, registered at the U.N., will send a signal that the U.S. is unwilling to stand by a basic element of the international order.In any event, the White House ultimately has little choice. Congress has all but required the administration to decertify??Hong??Kong???s autonomous status in this circumstance. The legislation also calls for sanctions against Chinese officials responsible for??Hong??Kong???s suppression, a measure that the White House should undertake as Beijing moves to implement the law.We obviously also need a strategy to combat Chinese belligerence elsewhere. Control of??Hong??Kong??is only one step in China???s quest to ???occupy a central position in the world,??? as Chinese president Xi Jinping has put it. The??Hong??Kong??security law coincides with increasingly aggressive naval exercises in the South and East China Seas and a sudden military buildup on the Sino???Indian border. The Chinese have also made clear their intention to annex Taiwan, and show no signs of rolling back their programs of industrial espionage and anti-competitive trade practices. The White House must resist China on all fronts.The administration should mobilize our allies in the fight. As Pompeo made his announcement, German chancellor Angela Merkel said that the European Union has a ???great strategic interest??? in cooperating with China. Neither have the British, who designed the transfer of??Hong??Kong, shown much interest in pushing back on Chinese aggression. European leaders are enticed by the economic benefits of cooperating with Beijing, and it will require a deft diplomatic touch to persuade them to take a more strategically sound posture.Hong??Kong??is the last redoubt of freedom and decency in China???s contiguous territory. The White House should do everything reasonably within its power to try to safeguard it.


  • Cemeteries braced for surge in Covid-19 dead as Mexico readies to reopen
    May 30, 2020

    Cemeteries braced for surge in Covid-19 dead as Mexico readies to reopenThe president says the pandemic has been tamed but experts, and those who must bury the dead, fear an alarming rise in casesFour generations of Enrique Ruvalcaba???s family have worked at the Mezquit??n cemetery in the Mexican city of Guadalajara. None of them ever saw anything like this.??Before the coronavirus, the burial ground was open to the public, and the deceased were honoured by flower-carrying mourners and mariachis. Now the dead arrive in silence and alone.???Only the box came, not a single relative, just the coffin,??? Ruvalcaba, 32, said of the first Covid-19 burial he witnessed last month. ???Absolutely everything has changed.???The Guadalajara graveyard, which has added 700 tombs for an anticipated wave of Covid deaths, has yet to see a major increase of victims ??? but Ruvalcaba said gravediggers had been advised to prepare. ???They???ve told us a more intense phase is coming,??? he said.Yet as Mexico???s daily death toll rises to become one of the highest in the world ??? a record 501 fatalities were reported on Tuesday alone ??? the country is simultaneously preparing to reopen and weathering a politically charged battle over the true scale of the crisis.???We???re doing well, the pandemic has been tamed,??? Mexico???s populist president, Andr??s Manuel L??pez Obrador, claimed on Thursday as he announced he would resume touring the country when a period of nationwide quarantine was wound down next week.Alejandro Mac??as, a leading infectious diseases specialist, said he understood and supported the need to plot out a return to some kind of normality for Mexico???s 129 million citizens.???It???s good to have a plan and it is good for this plan to constantly put people???s lives first,??? he said.But Mac??as, who was Mexico???s influenza chief during the 2009 swine flu pandemic, said he was worried things were moving too fast, when the extent of the crisis remained unclear and different parts of the country were at different stages of transmission.???The risk is that there will be another substantial rise in the number of cases and that this could cause some hospitals to collapse ??? and if the hospitals collapse this could put the security and governance of some regions at risk,??? Mac??as warned.???In many parts of the republic the curve has barely started to rise.???Mac??as said he suspected political pressure from L??pez Obrador???s year-old government and the United States ??? which is highly reliant on Mexican supply chains ??? explained the authorities??? desire to promote the idea the crisis was under control.???It is exactly like what is happening in the United States. The government there is also putting pressure on to show a certain normality and tranquillity when clearly they can???t yet say they have the situation under control??? and were still suffering ???terrifying??? Covid figures, Mac??as said.???I feel there is a great deal of political pressure ??? much more in Mexico than in other parts of Latin America ??? because Mexico???s industrial production is so tightly connected to industry in the United States. And they want to reopen but can???t do so if Mexican industry doesn???t reopen, because we are so integrated.???Latin America???s number two economy registered its first Covid case in late February and has since recorded more than 9,000 deaths and 81,400 cases, although the government admits the true number is probably considerably higher.One report this week found Mexico City had issued 8,000 more death certificates than usual between January and late May, suggesting a significantly higher death toll.L??pez Obrador, who was criticized for his initially dismissive attitude to the pandemic, has been bullish about Mexico???s response. On 26 April, with 1,351 deaths and 14,677 infections, he claimed it had managed ???to tame??? the coronavirus. But many are not so sure. A month after those claims, Mexico had suffered 9,044 deaths and 81,400 cases.Mac??as said it was likely many more had died. ???Right now we have less than 10,000 recognized deaths. But it???s very probable the true figure is substantially bigger ??? probably double that.???Behind those statistics lie thousands of grieving families ??? some of which have lost multiple members to Covid-19.Karlo Col??n, who works at a funeral home in Mexico City, said he and his colleagues had handled 60 coronavirus cases in the last three weeks. One family had lost five members, another four. ???Every week a family member dies,??? Col??n said.Despite the rising death toll, many Mexicans seem in denial. Even Col??n, on the frontlines of the pandemic, admitted having doubts.???A lot of people don???t believe in the virus,??? the undertaker said. ???There are times where I say, how is it possible that the guy giving me the body, at the centre of the infection, doesn???t have protective equipment? Is this real or isn???t it????Adri??n Carranza, a nursing student, has been conducting Covid-19 evaluations at Mexico City???s main market, the Central de Abasto ??? and referring suspected patients for testing. He said that many vendors remained skeptical despite the deaths of several vendors.???They???ll say, sure, that guy over there died, but we don???t know why,??? Carranza said.Carranza and his colleagues have faced harassment at the market, where about 40% of the stalls have shut down.???Because of misinformation, more than anything else, they think we???re hurting them, that we???re going to inject them with the virus,??? he said. ???They yell that we???re murderers.???As Mexico prepares to reopen, Guadalajara???s gravediggers are readying themselves for the dead.Ruvalcaba, whose father, grandfather and great-grandfather all worked in the same cemetery, called his colleagues the hidden heroes of the Covid-19 crisis.???It???s a really noble line of work. People talk about the doctors and the nurses but nobody thinks about the people who are laying Covid???s victims to rest,??? said Ruvalcaba, who has been digging tombs since he was 12.???It???s like doctors??? work ??? only from the moment when the patient has gone to a better life,??? Ruvalcaba added. ???And someone has to do it.???


  • Police officers around the country sound off on Minneapolis policing that led to George Floyd death
    May 28, 2020

    Police officers around the country sound off on Minneapolis policing that led to George Floyd deathLaw enforcement officials around the country are publicly condemning the killing of George Floyd, an unarmed black man who was seen on video gasping for breath as a white officer held him down with a knee on his neck for close to eight minutes.


  • ???If you can say you can???t breathe, you???re breathing???: Mississippi mayor faces backlash over George Floyd comments
    May 29, 2020

    ???If you can say you can???t breathe, you???re breathing???: Mississippi mayor faces backlash over George Floyd commentsA mayor in Mississippi is facing fierce backlash and calls to resign after saying that he ???didn???t see anything unreasonable??? about the death of George Floyd.Mr Floyd, who was black, died while in police custody in Minneapolis after a white officer was filmed pinned him to the ground by his neck for a prolonged period of time.


  • Defense secretary says coronavirus vaccine will be available within months, but experts skeptical
    May 28, 2020

    Defense secretary says coronavirus vaccine will be available within months, but experts skepticalPentagon leaders expressed strong confidence Thursday that a coronavirus vaccine will be available by January, and possibly as early as this fall ??? claims that were met with skepticism by scientific experts.


  • Epstein estate, victims reach agreement on compensation fund
    May 29, 2020

    Epstein estate, victims reach agreement on compensation fundA fund to compensate victims of Jeffrey Epstein's sexual abuse may begin making payouts soon, after the deceased financier's estate, his accusers and the attorney general of the U.S. Virgin Islands resolved their differences over the process. The accord came 9-1/2 months after Epstein killed himself in a Manhattan jail while awaiting trial on sexual abuse and sex trafficking charges.


  • Merkel won't attend G7 summit in person if US goes ahead
    May 30, 2020

    Merkel won't attend G7 summit in person if US goes aheadChancellor Angela Merkel will not personally attend a meeting in the U.S. with the leaders of the world???s major economies if President Donald Trump goes ahead with it, unless the course of the coronavirus spread changes by then, her office said Saturday. After canceling the Group of Seven summit, originally scheduled for June 10-12 at Camp David, Trump said a week ago that he was again considering hosting an in-person meeting of world leaders because it would be a ???great sign to all??? of things returning to normal during the pandemic.


  • A partygoer who attended the now-infamous Lake of the Ozarks pool party has tested positive for COVID-19, meaning hundreds could have been exposed
    May 30, 2020

    A partygoer who attended the now-infamous Lake of the Ozarks pool party has tested positive for COVID-19, meaning hundreds could have been exposedThe individual began showing symptoms on Sunday and was likely "incubating illness and possibly infectious at the time of the visit."


  • Cuomo says N.Y. attorney general will review night of violent protests
    May 30, 2020

    Cuomo says N.Y. attorney general will review night of violent protestsViolent clashes between police and civilians took place during protests in Brooklyn on Friday.


  • Coronavirus quietly started spreading as early as January, CDC says
    May 29, 2020

    Coronavirus quietly started spreading as early as January, CDC saysBy early February, there was "cryptic circulation" of the virus.


  • Coronavirus: South Korea closes schools again after biggest spike in weeks
    May 29, 2020

    Coronavirus: South Korea closes schools again after biggest spike in weeksSchools that had just re-opened days ago have now been forced shut again after a spike in cases.


  • 911 call from Breonna Taylor shooting released: 'Somebody kicked in the door and shot my girlfriend'
    May 28, 2020

    911 call from Breonna Taylor shooting released: 'Somebody kicked in the door and shot my girlfriend'"I don't know what is happening," Kenneth Walker said. "Somebody kicked in the door and shot my girlfriend."


  • Minneapolis police officer who knelt on George Floyd???s neck had 18 previous internal complaints against him
    May 29, 2020

    Minneapolis police officer who knelt on George Floyd???s neck had 18 previous internal complaints against himThe Minneapolis police officer who was filmed kneeling on George Floyd???s neck for several minutes even as he said ???I can???t breathe??? has previously been the subject of multiple complaints filed to the Minneapolis Police Department???s Internal Affairs Division, it has emerged.Mr Chauvin, who has been fired along with the other three police officers who apprehended Mr Floyd, was reported to the division 18 times. According to a police summary, only two of the complaints were ???closed with discipline???.


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