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Shanghai fences up residential buildings to curb COVID-19

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Shanghai authorities have put up fences outside residential buildings in a bid to curb a growing cluster of COVID-19 infections

It’s sparking a fresh outcry over the nation’s lockdown measures, which have forced much of the city’s 25 million people to stay indoors.

The two-metre high fences have prompted a series of complaints from local residents, many have been unable to access essential items or care for weeks.

One user took to the social media platform, Weibo to vent their frustration about the new measures. They asked “isn’t this a fire hazard?”

Meanwhile, Beijing will require everyone living or working in COVID-affected areas to take three tests this week.

Authorities have placed dozens of buildings under lockdown measures in the capital, which reported 22 new cases on Saturday.

It comes as retail workers continue to work long hours and sleep at work to keep residents fed.

“Basically, there is no time to rest, we are busy all day, even during meals if the neighbourhood committee members turn up to pick up orders or have a request, we will assist them immediately or solve whatever problems they may have.”

SUPERMARKET MANAGER ZHANG WEI

After spending the night in a sleeping bag, Wei prepares over 3,000 orders of vegetables, meat and essentials to send out to locked down residents.

Around 40 staff are believed to be working working long days to fill online orders from neighbouring compounds.

The U.S. recently ordered non-essential government staff to leave the city amid the ongoing restrictions.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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