The Communist Party of China's centralized and unified leadership over national security must be enhanced, President Xi Jinping said on Tuesday.
The City is in talks with Shanghai's municipal government about a collaboration at a time when Brexit uncertainties is prompting the UK's main financial district to look beyond Europe for future business partners, according to Sherry Madera, the City of London Corporation's special adviser for Asia.
The Custom Shop in Glastonbury, Connecticut, a drapery and upholstery workroom shut down by the pandemic, is helping to fill the new demand by using its fabrics to make masks.
The Dingxi Intermediate People's Court publicly heard the case and fully protected the defendant's legitimate rights during the trial. The judgment will be announced at a later date, the court said.
The Crew Dragon spacecraft lifted off on a SpaceX Falcon 9 rocket at 3:22 pm Eastern Time, from historic Launch Complex 39A at the Kennedy Space Center. Veteran NASA astronauts Bob Behnken and Doug Hurley are co-commanders on the mission.
The Dragon spacecraft also brought into space a new package to make subtle measurements of gravity. It may lead to the development of improved sensors that can be used for spacecraft navigation and to study Earth's climate.
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The Democratic Party got a boost from the greater Seoul metropolitan area, where it seized more than 80 percent of the seats up for grabs.
The Dow Jones Industrial Average gave up early gains Wednesday and closed lower, but it avoided the steep drops of the past two days that were sparked by fears that the rising number of coronavirus cases outside China could hurt global growth.The Dow, which fell more than 1,900 points Monday and Tuesday in its largest two-day decline on record and wiped out about .7 trillion in market value, climbed as much as 461.42 points in early trading Wednesday.It turned briefly negative at midday and then struggled to hold onto tepid gains before turning down for the remainder of the trading day.The DJIA closed down 123.77 points, or 0.46 percent, at 26,957.59. The S&P 500 lost 11.82 points, or 0.38 percent, and closed at 3116.39. But the technology-heavy Nasdaq Composite gained 15.16 points, or 0.17 percent, and closed at 8980.77.The continued spread of the coronavirus outside China again spooked the market. Investors hoped stocks would stabilize after the blue-chip index fell so much on Monday and Tuesday."Unfortunately, I think this is going to turn into a full-blown correction," said David Bianco, chief investment strategist for the Americas at DWS, on CNBC's Squawk Box Wednesday. "It's a material impact to our earnings outlook, and it's probably going to be another year of flatish earnings growth."Investors sought safety in government bonds, pushing the yield on the 10-year Treasury note down to 1.305 percent from Tuesday's all-time low of 1.328 percent. Yields on tax-exempt municipal bonds also fell. Lower yields mean less income for investors.Brent crude oil, a worldwide benchmark, fell The FAA's acting chief, Dan Elwell, told reporters last month he does not have a specific timetable to unground the 737 MAX..11, or 0.21 percent, to .72 a barrel amid fears of lower demand for energy in a worldwide economic slowdown caused by the coronavirus outbreak. It was the fourth consecutive down day for oil prices.The market got a fresh case of jitters Wednesday after a US Food and Drug Administration (FDA) official said the spread of novel coronavirus pneumonia, also called COVID-19, is likely to become a pandemic."For all intents and purposes, I think it's fair to say we are on the cusp of the pandemic," said Peter Marks, director of the FDA's Center for Biologics Evaluation and Research, to Bloomberg News. "Is it definitely going to happen? No, but there is significant concern, as of overnight we have cases on six continents."The growing number of infections outside China has increased risks for the US. Earlier Wednesday, Brazil confirmed the first case of the coronavirus in Latin America. South Korea reported 169 new cases, increasing the country's total to 1,146. The number of confirmed cases in Italy rose to more than 380. The number of travel-related cases in the US totaled 12, and there were two confirmed cases of person-to-person spread of the disease. Forty-two US citizens who were aboard the cruise ship Diamond Princess have been quarantined, according to the US Centers for Disease Control and Prevention (CDC).White House economic adviser Larry Kudlow said investors should buy "these dips" in the market amid the coronavirus frenzy to pick up stocks at lower prices, The Washington Post reported.Jeffrey Gundlach, CEO of DoubleLine Capital, believes the market selloff can be largely attributed to the political rise of Senator Bernie Sanders of Vermont, a self-proclaimed democratic socialist, in the Democratic presidential primaries."The market is digesting a better than 50 percent chance of Bernie getting the nomination," he told CNBC in an email. "The market goes down in a knee-jerk way on the Bernie rise, but the market going down makes Bernie's polls go up on his rejection of a market-based economy."Among US companies reporting a possible impact from the COVID-19 threat was Coca-Cola.The Atlanta, Georgia-based company said Monday that the threatened pandemic could delay the production and export of ingredients, including the sucralose artificial sweetener from China used in Diet Coke and other drinks. "While we currently expect this business disruption to be temporary, there is uncertainty around its duration and its broader impact, and therefore the effects it will have on our business," the company wrote in its annual report.
The Edinburgh Chinese Social Media Campaign, launched in 2016 by the Edinburgh Tourism Action Group, which is known as ETAG, was initially created to promote Edinburgh. It was later extended to the whole of Scotland and promotes it as a must-visit place by posting strategic destination content and launching thematic online campaigns.
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