Indian and Chinese national flags flutter side by side at the Raisina hills in New Delhi, India, in this file photo. [Photo/Xinhua]
Initial jobless claims totaled 2.1 million last week, down from 2.4 million filed the previous week and the lowest number since the coronavirus pandemic shut down the economy in mid-March, the US Labor Department reported Thursday.
In their standoff, Trump has accused Pelosi of behaving "irrationally," while Pelosi has refused to negotiate with Trump on money for his proposed border wall until he agrees to reopen the government.
In what now has become legend, Apple co-founder Steve Jobs recruited PepsiCo exec John Sculley to the helm of the computer maker in the 1980s with the?classic line: “Do you want to sell sugared water for the rest of your life? Or do you want to come with me and change the world?”
In the year's first half, consumption contributed 4.4 percentage points of China's growth compared with 2.8 percentage points from investment, the World Bank added.
India has stepped up testing in states with rising numbers of coronavirus infections as it seeks to contain the spread while opening up more sectors of the economy.
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India's record rise in cases for a day, at 7,466, came just before its two-month lockdown ends on Sunday. The government's new guidelines expected this weekend may extend the lockdown in the worst-hit areas while easing the rules to promote economic activity elsewhere.
Inflation this year could top 1 million percent, according to economists at the International Monetary Fund.
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Infectious diseases expert Tsang Kay-yan said the pandemic may last for another six to eight weeks and the increasing daily spike is expected to place more pressure on local virus testing agencies, which are already strained.