Shanghai and Beijing have both fallen sharply in the latest ranking of the world’s most competitive financial centers. The dynamism of China’s financial sector has waned markedly in part due to the Chinese Communist Party (CCP)’s recent policies, and the trend is intensifying. With the outbreak of the pandemic in early 2020, CCP authorities implemented…
Stifled by Politics, Beijing and Shanghai Fall in Rankings of International Financial Centers
March 31, 2023
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Moody’s Chief Economist Mark Zandi Says US Has a Fighting Shot at Avoiding Downturn
March 31, 2023
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Business & MarketsCaliforniadebt ceilingeconomic recessioneconomylayoffsMark ZandiNorthern CaliforniaRegional & State NewsState NewsUS
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Moody’s Analytics chief economist Mark Zandi said the United States still has a “fighting shot” at avoiding an economic downturn, in an evening town hall meeting on March 29. Zandi testified in the House Budget Committee hearing on the expanding federal debt earlier the same day. “I think we have a fighting shot to get…
Moody’s Chief Economist Mark Zandi Says U.S. Has a Fighting Shot at Avoiding Downturn
March 31, 2023
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Business & MarketsCaliforniadebt ceilingeconomic recessioneconomylayoffsMark ZandiNorthern CaliforniaRegional & State NewsState NewsUS
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Moody’s Analytics chief economist Mark Zandi said the United States still has a “fighting shot” at avoiding an economic downturn, in an evening town hall meeting on March 29. Zandi testified in the House Budget Committee hearing on the expanding federal debt earlier the same day. “I think we have a fighting shot to get…
Johnson & Johnson Unit Loses Bid to Stay in Bankruptcy During Supreme Court Appeal
A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday, despite the company’s planned Supreme Court appeal to use bankruptcy to resolve tens of thousands of lawsuits over its talc products. J&J sought to use the bankruptcy of its subsidiary company, LTL Management, to halt more…
Members of Exiled Chinese Church Detained in Thailand
BANGKOK, Thailand—More than 60 self-exiled members of a Chinese Christian church who were detained in Thailand paid fines for overstaying their visas but remained in police custody Saturday uncertain about their legal status amid fears they would be deported against their will to their home country, where they face possible persecution. The 63 members of…
Trump Supporters Gather Near Mar-a-Lago to Support Former President After Indictment
PALM BEACH, Fla. — Debbie Macchia comes to the Southern Boulevard Bridge to wave flags, sing patriotic songs, and enjoy a fellowship she’s never felt before. Less than 100 yards away is Mar-a-Lago, with its bougainvillea-draped pink walls and Spanish tile rooftops. Its waterfront coconut palms sway in the bright, breezy afternoon sun. Somewhere within…
Ivanka Trump ‘Pained’ for Her Father and Country After Manhattan DA Indictment
Former President Donald Trump’s daughter, Ivanka Trump, expressed pain on Friday following news that her father had been indicted and is facing prosecution by Manhattan District Attorney Alvin Bragg’s office. “I love my father, and I love my country. Today, I am pained for both,” Ivanka Trump said in a statement she posted to her…
DOJ Won’t Retry Oath Keepers’ Operations Director on Felony Obstruction Count
The man who served as operations director for the Oath Keepers on Jan. 6 in Washington D.C. will not be retried on the one felony count on which the jury in his criminal case could not reach a verdict, his attorney said on March 31. On March 20, Michael Greene, 39, of Indianapolis, was found…
Who is Alvin Bragg? What You Need to Know About the Manhattan DA Who Indicted Trump
March 31, 2023
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Alvin Bragg Jr.DemocratsDonald TrumpDonald Trump IndictmentGeorge Sorosmanhattan daPoliticsRepublicansUSUS News
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Manhattan District Attorney Alvin Bragg convened a New York grand jury earlier this year, which voted on Thursday to indict former President Donald Trump for allegations linked to a business records investigation related to a “hush money” payment to adult entertainment actress Stormy Daniels in 2016. “This evening we contacted Mr. Trump’s attorney to coordinate…
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Business Advisor Brings 16 Guests to Shen Yun for Second Year
TORONTO, Canada—Donato Prezioso brought 16 business clients to see Shen Yun Performing Arts in Toronto. He did so last year as well. “We want to immerse them. We want to bring together our people and unity and experience this culture and this wonderful, magnificent performance and what the message is,” said Mr. Prezioso, a business…