Trump monetary policies feed ‘K-shaped’ recovery, polarizing society

A shuttered business is shown in the Brooklyn borough of New York City, the US. Photo: AFP

Sky-rocketing US federal debts, rock-bottom interest rates and concerns about an upcoming resurgence of the coronavirus pandemic coupled with the winter influenza are hyping up skepticism that the “K-shaped” economic recovery in the world’s largest economy is now an ongoing reality. 

The bellwether of the economy’s health – the trading price of the US currency – is now near its lowest level in 28 months, down more than 10 percent from its 2020 peak against a number of its global peers. 

On Friday, the Chinese currency, the yuan, jumped a massive 1.3 percent in onshore trading and hit a 17-month high against the US dollar, catching up with gains in its offshore counterpart during the week-long National Day holidays. Clearly, the yuan’s strength foretells the dollar’s decline. 

The bearish investors of UBS, Goldman

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Ex-Chinese Government Official Was In Charge Of TikTok’s Content Moderation Policies, Report Says

Topline

A former Chinese government official was in charge of making decisions on what content should be allowed on TikTok, the Financial Times reported in a development that raises questions about the company’s previous claim that the Chinese government had no influence over its operations.

Key Facts

Cai Zheng, who worked at the Chinese Embassy in Tehran from 2013 to 2018, ran the global content policy team at TikTok’s Beijing-based parent ByteDance until earlier this year when the company moved to allow local operations in its biggest countries to make content removal decisions themselves.

According to a now-altered LinkedIn profile, Cai joined ByteDance in 2018, when the company was under scrutiny from the Chinese government over content shared on the company’s news aggregator app Jinri Toutiao.

Cai worked with

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Pope says free market, ‘trickle-down’ policies fail society | Religion

VATICAN CITY — Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.

In an encyclical on the theme of human fraternity, Francis also said private property cannot be considered an absolute right in all cases where some lived extravagantly while others had nothing.

Called “Fratelli Tutti” (Brothers All), the encyclical’s title prompted criticism for not using inclusive language after it was announced last month.

In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the “Admonitions,” or guidelines, written by St Francis of Assisi in the 13th century to his followers and could not be changed.

The pope says in the first line of the 86-page encyclical that St. Francis had “addressed his brothers

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Pope Says Free Market, ‘Trickle-Down’ Policies Fail Society | World News

VATICAN CITY (Reuters) – Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.

In an encyclical on the theme of human fraternity, Francis also said private property cannot be considered an absolute right in all cases where some lived extravagantly while others had nothing.

Called “Fratelli Tutti” (Brothers All), the encyclical’s title prompted criticism for not using inclusive language after it was announced last month.

In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the “Admonitions”, or guidelines, written by St Francis of Assisi in the 13th century to his followers and could not be changed.

The pope says in the first line of the 86-page encyclical that St. Francis had “addressed his

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Pope says free market, trickle-down policies have failed society – Newspaper

VATICAN CITY: Pope Francis said on Sunday that the Covid-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.

In an encyclical on the theme of human fraternity, Pope Francis also said private property cannot be considered an absolute right in all cases where some lived extravagantly while others had nothing.

Called “Fratelli Tutti” (Brothers All), the encyclical’s title prompted criticism for not using inclusive language after it was announced last month.

In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the “Admonitions”, or guidelines, written by St Francis of Assisi in the 13th century to his followers and could not be changed.

The pope says in the first line of the 86-page encyclical that St. Francis had “addressed his brothers

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Pope Francis says free market, ‘trickle-down’ policies fail society

Pope Francis waves after delivering the Angelus prayer from his window on the day of the release of his new encyclical, titled ‘Fratelli Tutti’ (Brothers All), at St. Peter’s Square at the Vatican, October 4, 2020.

REMO CASILLI/Reuters

Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.

In an encyclical on the theme of human fraternity, Francis also said private property cannot be considered an absolute right in all cases where some lived extravagantly while others had nothing.

Called “Fratelli Tutti” (Brothers All), the encyclical’s title prompted criticism for not using inclusive language after it was announced last month.

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In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the

Read More

Pope says free market, ‘trickle-down’ policies fail society

VATICAN CITY (Reuters) – Pope Francis said on Sunday that the COVID-19 pandemic was the latest crisis to prove that market forces alone and “trickle-down” economic policies had failed to produce the social benefits their proponents claim.

In an encyclical on the theme of human fraternity, Francis also said private property cannot be considered an absolute right in all cases where some lived extravagantly while others had nothing.

Called “Fratelli Tutti” (Brothers All), the encyclical’s title prompted criticism for not using inclusive language after it was announced last month.

In Italian, Fratelli means brothers but it is also used to mean brothers and sisters. The Vatican said it was taken from the “Admonitions”, or guidelines, written by St Francis of Assisi in the 13th century to his followers and could not be changed.

The pope says in the first line of the 86-page encyclical that St. Francis had “addressed his

Read More

Top 7 Marxist Communist Insurance policies Being Implemented By Obama In the present day

A government is an organization in a neighborhood or political entity that has the facility to enact and implement laws and maintain the peace and order. It’s unhappy to think there are so many homeless people on this nation who cannot get help, however members of the government are sitting so pretty financially. The US Structure Article 1 part eight states that Congress alone has the best to “coin cash”.

I think all Congress members ought to have their pay cut out completely for the time our government is shut down and no back pay after they start it up once more either. If someone had been to look into again issues of International Affairs (a CFR Publication) it will be plain to see that the CFR revealed articles a few world government many times.

The government was capable of increase its spending and reduce tax rates; by taking this … Read More

Prime 7 Marxist Communist Policies Being Applied By Obama In the present day

Is a government foreclosure bailout a good suggestion? Nonetheless, the FED is a personal overseas bank and the US dollar shouldn’t be United States cash, despite the fact that it says “Federal Reserve Observe” on each dollar printed. I mean things are really going downhill economically and dependable american tax payers are getting annoyed.

The problem is that a celebration loss is a congressional loss, and that loss is dangerous for the folks and the country, regardless of which occasion lost the game. Italy didn’t particularly label their government mannequin as fascist, in Italy it was often called ” corporatism “. Americans have been taught that the consequences of fascism, is fascism.

American companies and their greed were the beginning of the downfall of our economy, with the nod of approval from our Government. So lots of our rights are being stripped away from us one regulation at a time, … Read More

What Is The Tennessee Plan For Medicare Supplemental Insurance policies?

Though it’s possible you’ll suppose law is a dry subject, it deeply influences tradition. On the other, when it is recorded as an offence in some countries, any particular person caught in that act should face punishment as supplied by the Law of the country. The Spiritual Laws are split into four categories, the primary being ‘The Primary Laws of Life’.

Sure it does, but it requires a deeper understanding and utility of all the common laws together to be able to truly make it work in your life. The laws of Quantum Logic dictate that your car can be somewhere and never be there at the identical time.

This data will not be provided as legal or prescriptive recommendation and you must test your native laws for specificity. Test without cost authorized services in your county, but don’t permit these sick folks to run your life. Properly California most … Read More