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China loosens COVID restrictions

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With Covid restrictions finally loosening, China is now bracing for a sharp rise in infections in the coming weeks.

As many Chinese embraced new freedoms after the country dropped key parts of its tough zero-COVID regime, there was mounting concern that a virus that had largely been kept in check could soon run wild.

Many in China had been eager for Beijing to start to align its rigid virus prevention measures with the rest of the world, which has largely opened up in an effort to live with the disease.

Those frustrations boiled over into widespread protests recently.

Without saying it was a response to those protests, some cities and regions began relaxing COVID controls, in moves that heralded a nationwide loosening of the rules unveiled by the National Health Commission.

The NHC said infected people with mild symptoms can now quarantine at home and it dropped the need for testing and health status checks on mobile apps for a variety of activities including travelling around the country.

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December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

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Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


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Meta and Amazon signal ‘AI efficiency era’

Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.

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Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.


The AI boom is shifting gears, Meta and Amazon are cutting jobs to boost automation, profitability, and focus.

Analysts say this marks the dawn of an AI discipline era.

#AI #Meta #Amazon #BradGastwirth #BigTech #Automation #TechJobs #AIRevolution #EfficiencyEra #FutureOfWork


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Trump signals trade deal with China nearing

Trump claims a China trade deal is nearing completion amid new agreements across Asia.

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Trump claims a China trade deal is nearing completion amid new agreements across Asia.


President Donald Trump says a trade deal with China is close as he finalises new agreements across Asia.

Talks with Xi Jinping are expected to deliver key breakthroughs in trade and diplomacy.

#Trump #China #TradeDeal #USAsia #XiJinping #Economy #Diplomacy #TradeTalks #WhiteHouse #GlobalMarkets


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