Breaking: NBA, MLB, NHL and MLS are closing locker room access to the media due to the coronavirus outbreak.
It will go into effect for practices and games starting Tuesday.
Zoltan Pozsar sees a risk of funding strains as the coronavirus limits dollars circulating in the system: "The supply chain is a payment chain in reverse."
https://t.co/6y1dEXqqpL by @AnsteyAsia
The Chinese government announced Wednesday that it would revoke the press credentials of three Wall Street Journal reporters, the largest expulsion of overseas media from the country in more than three decades. https://t.co/rXEtb1S1nz
The Financial Stability Oversight Council (FSOC) is responsible for preventing another financial crisis and had 36 employees at its peak.
Today, I asked Treasury Secretary Steve Mnuchin how many people work at FSOC today. It took him two minutes to produce the answer: ~10
A lot of reports leaked out around the DC #trade talks. In summary, they suggest #China wants direct the discussions to a narrowly defined deal- greater purchases of US agricultural products in exchange for tariff relief with as little focus on structural issues as possible.
CHINA WILL OPEN UP MORE SECTORS OF THE ECONOMY TO FOREIGN INVESTORS, AND ITS POLICY OF PROTECTING FOREIGN COMPANIES' RIGHTS IN THE COUNTRY WILL NOT CHANGE, VICE COMMERCE MINISTER WANG SHOUWEN SAID ON SUNDAY.
The world must invest $1.8 trillion by 2030 to prepare for the effects of global warming. And that would yield $7.1 trillion in benefits, according to a group led by Bill Gates and Ban Ki-moon https://t.co/2nKXiAS0Ig
Chinese President #XiJinping said on Wed:
“On the new Long March, we must overcome various major risks and challenges from home and abroad"
“We must be conscious of the long-term and complex nature of unfavorable factors at home and abroad and prepare for difficult situations