China is preparing to ease coronavirus restrictions after a week of protests

Sources: China allows home quarantine, cuts mass testing A senior official says the severity of the virus is weakening The shift comes after a series of demonstrations Biggest public challenge show in years HONG KONG/BEIJING (Reuters) – China is set to announce an easing of COVID-19 quarantine protocols in the coming days and a cut … Read more

Coronavirus protests escalated in Guangzhou as China’s lockdown anger boiled over

SHANGHAI/BEIJING (Reuters) – People in Guangzhou, China’s manufacturing hub, clashed with white riot police wearing hazmat protective gear on Tuesday night, videos on social media showed, as frustration with strict COVID-19 rules boiled over. 19 three years later. epidemic. Clashes in the southern city constituted an escalation of protests In the commercial center of Shanghai, … Read more

The Fed raised interest rates by 50 basis points, but the peak interest rate could be higher

BENGALURU (Reuters) – The Federal Reserve will cut back in December to raise interest rates by 50 basis points, but economists polled by Reuters say a longer period for US central bank tightening and higher rate hikes are the greatest. Risks to the current outlook. US consumer inflation unexpectedly fell below 8% last month, reinforcing … Read more