New York, US | XINHUA | U.S. stocks eked out modest gains in the past week as Wall Street digested the Federal Reserve’s meeting minutes and a slew of economic data. For the week ending Friday, the Dow was roughly unchanged, the S&P 500 rose 0.7 percent, and the Nasdaq …
Read More »Economic crisis caused by COVID-19 “most synchronized” in history, says economist
Santiago, Colombia | XINHUA | The economic crisis caused by the novel coronavirus pandemic is the “most synchronized” in history and its prospects of recovery is quite uncertain, Colombian economist Jose Antonio Ocampo said on Saturday during a virtual conference. “It is much faster than the Great Depression of the …
Read More »TikTok confirms to challenge Trump’s executive order
Los Angeles, US | XINHUA | The video-sharing social networking company TikTok confirmed Saturday that it will file a lawsuit against the Trump administration over an executive order banning any U.S. transactions with its parent company ByteDance. ByteDance announced later that the lawsuit will be delivered next Monday. Los Angeles-based …
Read More »FAO urges to keep plants disease-free
Rome, Italy | XINHUA | Plants are the source of 98 percent of the air humans breathe and 80 percent of the food that people eat, so keeping them free of diseases and pests is crucial to human survival, the United Nations Food and Agriculture Organization (FAO) said Friday. In …
Read More »Russia says U.S. in no position to restore UN sanctions on Iran
Moscow, Russia | XINHUA | The United States has no rights to restore United Nations (UN) sanctions on Iran as it has withdrawn from the Iran nuclear deal and failed to honor its obligations, the Russian Foreign Ministry has said. The United States continues its “dangerous” steps in the UN …
Read More »WHO chief hopes COVID-19 pandemic lasts less than two years
Geneva, Switzerland | XINHUA | The World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said on Friday that he hopes the COVID-19 pandemic will last less than two years. “Hoping we can have additional tools like a vaccine, I think we can finish it in a shorter time than …
Read More »U.S. has no right to ask for snapback on UN sanctions against Iran: spokesperson
Beijing, China | XINHUA | The United States unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA) and has no right to demand the United Nations Security Council launch the snapback mechanism to restore sanctions against Iran, a Chinese foreign ministry spokesperson said Friday. Noting that the United States …
Read More »Biden formally accepts Democratic nomination for U.S. president, lays out “build back better” vision in speech
Washington, US | XINHUA | Former U.S. Vice President Joe Biden on Thursday formally accepted the Democratic presidential nomination, laying out his vision for building the nation back better in a speech that capped off the four-day virtual Democratic National Convention. Almost right at the beginning of his speech, Biden …
Read More »U.S. politicians urged to stop “despicable performance”
Beijing, China | XINHUA | China’s Foreign Ministry on Thursday urged certain U.S. politicians to stop dragging China into its election campaigns, and stop their “despicable performance.” The ministry’s spokesperson Zhao Lijian said this at a routine press briefing in response to recent remarks by Director of Trade and Manufacturing …
Read More »Kamala Harris accepts Democratic Party’s nomination for U.S. vice president
Washington, US | XINHUA | U.S. Senator from California Kamala Harris, who was chosen by Democratic presidential candidate Joe Biden to be his running mate in the 2020 presidential election, delivered a speech Wednesday to formally accept her nomination as the party’s candidate for vice president. Shortly before Harris spoke, her …
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