China's president will unveil a megaport in Peru, but locals say they're being left out

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco

World - ABC News - 11 hours ago

China unveils 10tn yuan support for debt-stricken local government

Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...

World - The Guardian - 6 days ago

Biden's trip to Peru will include last meeting with China's president

Biden will travel to Peru and Brazil for leader summits as he looks to define his legacy and assure allies of America's role on the world stage.

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.

Business - The New York Times - 6 days ago

South America’s ‘made in China’ megaport prepares to transform trade

Beijing-backed project in Peru poses strategic challenge to US as Donald Trump prepares to take office in January

Business - Financial Times - Yesterday

FirstFT: Republicans complete Congress sweep

Also in today’s newsletter, France boycotts COP29 and renowned conservative lawyer dies

World - Financial Times - 15 hours ago

Zion Williamson is out indefinitely with a left hamstring injury, Pelicans say

The New Orleans Pelicans say Zion Williamson has been diagnosed with a left hamstring strain that will sideline him indefinitely

Sports - ABC News - 5 days ago

China is catching up with the West on tech, Microsoft president says

According to Microsoft's web page about its presence in China, the company has operated there since 1992.

Business - CNBC - Yesterday

Lebanese medics claim Israel is targeting them with airstrikes

A Lebanese first responder says Israeli strikes have killed eight members of his team in just a month of war with Iran-backed Hezbollah.

Why China is betting on local governments to spur the economy

Fiscal package falls short of market hopes as Beijing braces for Trump tariffs

World - Financial Times - 3 days ago

They're middle class and insured, yet childbirth left them with crippling debt

Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.

A diminished Biden heads to APEC summit in Peru, overshadowed by China's Xi

If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his ...

World - ABC News - Yesterday

Steven Madden C.E.O. Says It Is Moving Production Out of China

The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.

Business - The New York Times - 6 days ago

The Powerful Companies Driving Local Drugstores Out of Business

The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.

Business - The New York Times - October 19

China approves $840B plan to refinance local government debt, boost slowing economy

China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy

World - ABC News - 6 days ago

China unveils $1.4tn package to shore up economy

Beijing is bracing for increased trade tensions with US under Donald Trump

World - Financial Times - 6 days ago

China's Massive Fishing Fleet Overwhelms Locals in 'David and Goliath' Battle

Off the Peruvian coast, one of the world’s richest fishing grounds is under pressure.

World - The Wall Street Journal - October 26

China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures

Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.

World - The Wall Street Journal - 6 days ago

Two Games With Very Similar Titles Are Launching A Day Apart, And They're Being Awesome About It

Anyone with the extremely specific requirement of wanting to play a turn-based strategy game on console that has "Songs Of" in its title can look forward to two games arriving next month. In a ...

Tech - GameSpot - October 30

British coaches need to broaden their horizons or risk being left behind | Will Unwin

Where once British football coaches brought revolution to other countries, they are now playing catch-up. Rúben Amorim is the latest coach to head from Portugal to England on a well-travelled route ...

World - The Guardian - 9 hours ago

Peru’s ex-president Toledo gets more than 20 years in prison in case linked to corruption scandal

Peru’s former President Alejandro Toledo has been sentenced to 20 years and six months in prison in a case involving Brazilian construction giant Odebrecht, which became synonymous with corruption ...

World - ABC News - October 22

Peru's ex-president gets more than 20 years in prison in corruption case linked to Brazil construction giant Odebrecht

World - ABC News - October 21

Peru ex-president Alejandro Toledo jailed for 20 years over involvement in Car Wash scandal

Former leader convicted of taking $35m in bribes from Brazilian construction company Odebrecht . Peruvian former President Alejandro Toledo has been convicted of taking bribes from Brazilian ...

World - The Guardian - October 22

Jim Cramer says Apple stock can 'blow through' records on real iPhone data out of China

New Counterpoint data is the second positive iPhone report this week after a recent slew of mixed Wall Street analysts' commentary.

Business - CNBC - October 18

Chris Olave injury update: Saints WR discharged from hospital after suffering second concussion this season

Olave left on a stretcher after taking a scary hit in the first quarter

Sports - CBS Sports - November 3

Some voters still say they're undecided in the 2024 election. Here's why.

ABC News spoke with some independent and undecided, or formerly undecided, voters.

China unveils first diagnosis guidelines to battle escalating obesity crisis

Chinese officials published the country’s first set of guidelines to standardize the diagnosis and treatment of obesity amid a national health crisis.

China unveils J-35 stealth fighter jet to compete with US

Beijing’s latest-generation aircraft revealed at Zhuhai air show as part of military modernisation

World - Financial Times - 2 days ago

Uproar in Ghana after president unveils his own statue

World - Yahoo News - November 7

Uproar in Ghana after president unveils his own statue

The statue is to honour development initiatives overseen by outgoing President Nana Akufo-Addo.

Mbappe left out of France squad as 'one-off'

France manager Didier Deschamps says his decision to leave captain Kylian Mbappe out of the squad for this month's Nations League double-header is a "one-off".

Paddington in Peru review – you can take the bear out of South America, but think twice before taking him back

The third instalment in the film adventures of the furry marmalade addict may boast Olivia Colman as a singing nun but it lacks home comforts. Just as jolly as the previous two films, but not ...

World - The Guardian - November 4

At least 73 killed in Israeli strike in northern Gaza, local officials say

Israel says it hit a "Hamas terror target" and the number of casualties is "exaggerated" and does not match their reports.

Israeli air strikes kill dozens in northern Gaza, health officials say

Women and children among dead in Beit Lahia as IDF continues offensive after killing Hamas leader

Business - Financial Times - October 20

At least 73 killed in Israeli strike in northern Gaza, local officials say

World - Yahoo News - October 20

Lebanon local official says 19 killed in Israeli strike on family's home

Women and children were among the dead following Tuesday's strike in Teffahta, a local official says.

The Paris Olympics displaced nearly 20,000 people, local associations say

A coalition of over 100 organizations has reported that nearly 20,000 individuals were displaced from informal housing in Paris and surrounding areas during preparations for the 2024 Summer Olympics

World - ABC News - November 4

Global biodiversity offsetting doesn’t work – keep schemes local, say experts

Voluntary standards proposed at Cop16 focus on local like-for-like habitat projects, while critics call the issue a ‘distraction’. International biodiversity offsetting “doesn’t work”, according to ...

World - The Guardian - 3 days ago

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