US and China address trade tensions in rare high level Washington meeting
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Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
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Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
US defence chief Lloyd Austin to meet Chinese counterpart this month
Singapore meeting would be latest step in reopening communication lines between militariesFinancial Times - World -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
Cleveland Cavaliers 2024 NBA offseason preview: There are some questions to address
The Cavaliers have some questions about frontcourt fit and the future of star scorer Donovan Mitchell.Yahoo Sports - Sports - NBA -
Kerry Washington, Adam Kinzinger to help lead poll worker recruitment effort
Kerry Washington and former Rep. Adam Kinzinger (R-Ill.) are teaming up to help lead an effort to recruit election poll workers ahead of November. The former "Scandal" star and the ex-congressman will be among the co-chairs on an advisory council ...The Hill - Politics -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Donovan Mitchell trade rumors: 'Growing sentiment' suggests Cavaliers can re-sign star guard, per report
Mitchell is eligible for a contract extension this offseasonCBS Sports - Sports - NBA -
Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
Experts say coral reef bleaching near record level globally because of 'crazy' ocean heat
Scientists say temperatures that have gone “crazy haywire” hot, especially in the Atlantic, are close to making the current global coral bleaching event the worst in historyABC News - Tech -
They Think You Should Be Grateful
Alex and Mimi Ikonn are the duo behind the popular “Five Minute Journal,” which has become ubiquitous on night stands and on social media.The New York Times - Lifestyle -
Hochul Meets the Pope, and Reflects on Her Father and Irish Catholicism
At a climate change summit at the Vatican, Gov. Kathy Hochul positioned New York State as a leader in pursuing environmental goals, but also recalled her late father.The New York Times - Top stories -
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An Unfinished Film review – moving and mysterious movie about China’s Covid crisis
Cannes film festivalLou Ye’s docu-realist film starts as sophisticated comedy, morphs from looking like a zombie apocalypse to intimate drama, and evolves into a tribute to how a nation handled trauma. Out of agony and chaos, Chinese film-maker ...The Guardian - World - Covid -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
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Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business