The United Nations Conference on Trade and Development said in its latest report that the global economy is likely to contract by 4.3 percent this year and the contraction will leave global output by the end of the year over trillion short of economists' expectations before the COVID-19 pandemic. That contraction and shortfall would be the equivalent of a complete wipeout of the Brazilian, Indian and Mexican economies.
The United States' efforts to protect its key domestic industries and political conflicts upon Taiwan deserve a closer look, as the US has labeled China as a nation pursuing economic aggression designed to weaken America, according to Yao.
The United States has supported the Saudi-led air campaign against Iran-backed Houthi rebels in Yemen with mid-air refueling support, intelligence and targeting assistance.
The US government agency launched an investigation on Musical.ly, a popular lip-sync video app in 2016, suspecting it has violated the Children's Online Privacy Protection Act, which requires that developers or websites targeted at children under 13 must require parental consent to share personal information.
The United States and the ROK started their largest ever naval drill this week by introducing nuclear-powered carrier Ronald Reagan strike group, three nuclear submarines, more than 40 warships including Aegis destroyers and fighter planes.
The U.S. Postal Service reported revenues of .6 billion in fiscal 2017, down .8 billion, due largely to decreases in first-class and marketing mail. USPS said package volumes were actually up 11.4 percent for the year, making Amazon shipments a rare area of growth for the USPS.
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The US debut is part of CAEG's "Image China" cultural exchange initiative. Launched in 2009, the program has presented works across the globe and aims to present traditional Chinese culture and contemporary performing arts to the world.
The USTR will determine "whether to investigate any of China's laws, policies, practices, or actions" that "may be harming American intellectual property rights, innovation or technology development" under Section 301 of the Trade Act of 1974, according to the memorandum released by the White House.
The US administration has bought up virtually all the stocks for the next three months of one of the two drugs proven to work against COVID-19, causing alarm among experts and campaigners, the Guardian newspaper reported.
The US bike maker also decided to hand over the maintenance work to local bike-manufacturer Hero MotoCorp.