Today, Congress will take its first big step to revamp the emergency small business lending program that lawmakers created to avert massive layoffs during the pandemic
— CNBC’s Tucker Higgins: “The House of Representatives on Wednesday passed legislation calling for sanctions against Chinese officials for the detention and torture of Uighur Muslims in the country’s western region of Xinjiang as tensions between the U.S. and China continue to escalate.
“The report comes at a time of growing tension between the U.S. and China with a protracted trade dispute still far from a resolution. The U.S. administration is examining whether to keep government pension funds from investing in Chinese equities and mulling a range of sanctions to punish it over a crackdown on Hong Kong. The Senate last week passed a bill that would limit the ability of Chinese companies to raise capital from U.S. investors, while Nasdaq Inc.
“‘Based on what we are seeing now, I think we are pretty close, maybe May or June will be the low point right now based on the data we are seeing,’ Mr. Williams told the television channel. ‘But let’s not forget this is an extreme decline in economic activity, an enormous hardship for people in this country. So even if we are starting to see perhaps stabilization there in terms of the economy and maybe a little pickup, we are still in a very difficult situation.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan reality show 'Terrace House' halts production after star's deathJapanese reality TV show 'Terrace House' has suspended its production for the 2019-2020 season after the sudden death of a 22-year-old cast member, it said on its website.
Read more »
'Terrace House: Tokyo' Season Canceled After Wrestler Hana Kimura's DeathJapanese reality show 'Terrace House' is pulling the plug on the remainder of its 2019-2020 season ... following the tragic death of star cast member and pro wrestler Hana Kimura.
Read more »
'Terrace House: Tokyo' Cancels Season Following Hana Kimura’s DeathThe reality star and wrestler's death was confirmed by Japan's Stardom Wrestling early Saturday morning.
Read more »
'Like a letter carrier': House takes historic plunge with first proxy votesThe move to allow some lawmakers to vote remotely set off a partisan clash that underscores the broader divide over how to respond to the pandemic.
Read more »
Terrace House Cancelled After Castmate Hana Kimura DiesFollowing the death of Terrace House star Hana Kimura, production of the latest season of the Netflix show has been canceled.
Read more »
White House press secretary voted by mail 12 times in 12 yearsMcEnany and President Trump have claimed vote-by-mail leads to voter fraud, though there is no evidence of widespread voter fraud.
Read more »