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Wuhan to test all residents as COVID-19 returns

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The entire population of the Chinese city of Wuhan, where COVID-19 first emerged, will be tested for the virus.

Chinese authorities are racing to curb a widespread outbreak, that is being fuelled by the highly transmissible Delta variant.

Fresh travel restrictions have been imposed as authorities battle to contain the outbreak, which has spread to around half of China’s 32 provinces.

This includes the Hubei Province, home to the city of Wuhan, where the first cases of COVID-19 were identified.

More than 400 local cases have been reported in China since mid-July, including 7 new cases in Wuhan on Monday.

State-run media outlet The Global Times reports that the outbreak is “posing great challenges to the country as it deals with the worst epidemic in months”.

The outbreak was triggered by cleaners at Nanjing Lukou International Airport. Xinhua News reports that the cleaners did not follow strict hygiene measures.

More than 1.6 billion vaccine doses have been administered in China, but the exact number of fully vaccinated people is not clear.

Entire population of Wuhan to be tested

The new cases are the city’s first local infections since June 2020, prompting a testing blitz.

The city, home to 11 million people, is “swiftly launching comprehensive nucleic acid testing of all residents”, according to senior Wuhan official Li Tao.

The first reported COVID-19 cases were in Wuhan in November 2019. The outbreak was quashed through a strict lockdown that lasted 76 days.

But the exact origin of the virus remains unclear.

The World Health Organisation has proposed a second phase of its investigation into the origins of COVID-19.

But Beijing has rejected the WHO’s proposal for a more rigorous probe.

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China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

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China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

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Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

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“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

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Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

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