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Reuters | Beijing | Updated: 20-09-2021 20:34 IST | Created: 20-09-2021 20:32 IST World stocks tumbled on Monday and the dollar firmed as troubles at property group China Evergrande sparked concerns about spillover risks to the economy, creating a fresh investor worry ahead of a busy week of central bank meetings. MSCI’s gauge of stocks across the globe dropped 1.44%, on pace for its biggest one-day fall in two months, as Wall Street’s major indexes slid more than 1% in early trade. Investors moved into safe havens, with U.S. Treasury yields gaining in price, pulling down yields, and gold…
World shares skidded and the dollar firmed on Monday as investors fretted about the spillover risk to the global economy from property group China Evergrande’s troubles, while eyeing a week packed with global central bank meetings. In a sign of the risk aversion rippling through markets, China sovereign credit default swaps jumped to a near one-year high, while the cost of insuring against European corporate bond defaults leaped to the highest since late May.European stocks were 1.9% lower, slipping to two-month lows, with energy and mining stocks tumbling as the dollar’s jump to near four-week highs crushed commodity prices. Holidays…
Here are the stories you shouldn’t miss today:The Central Valley gives California a recall rarity: a squeaker of a raceIn 48 of California’s 58 counties, from Oregon to the Mexico border, voters either loved the guy or hated Gov. Gavin Newsom, with double-digit differences on Saturday afternoon between the yes vote and the no.Except for one small island in the middle of this vast state, where the recall election was a nail-biter. Here in the agricultural heart of California, where the drought weighs heavy and the pandemic even heavier, the results were nearly 50-50. Newsletter Must-read stories from the L.A.…
National organization recognizes enhanced cyber security DECATUR, GA—For the fifth consecutive year, DeKalb County Government has won national recognition as a leader in the innovative use of technology, including its work in enhancing the county’s cyber security. The Center for Digital Government and the National Association of Counties (NACo) ranked DeKalb County second in the nation among counties with a population of 500,000 to 999,999 in the 19th annual Digital Counties Survey. Out of the 88 counties in this category, only three were from Georgia, including Gwinnett and Cobb that ranked eight and tenth, respectively. Since 2017, DeKalb County…
By Mark Brock A shutout by the No. 1 ranked Cedar Grove Saints defense and a big second half surge by their offense added up to a Region 5-3A opening 47-0 victory over Greater Atlanta Christian(GAC) at “Buck” Godfrey Stadium on Friday (Sept. 17. The defense held the Spartans (0-4, 0-2) to just 65 yards of total offense and a minus-10 yards rushing while scored the first touchdown of the game on a first quarter interception and 11-yard return for…
Good morning! This is our daily news roundup with everything you need to know in one concise read. Sign up here to get this delivered to your inbox every morning.Canada votes today — here are some key things to watch when results roll in Millions of Canadians will vote today, casting their ballot to help decide which party will form the next government.The first thing to watch is how long it actually takes for enough votes to be counted to get a sense of the result. The majority of anticipated votes in this election will be counted as they always are, by…
Enlarge this image One thorny issue facing President Biden at the U.N.: the defense deal he announced with Australia and the United Kingdom, which left France so angry that it pulled its ambassador from Washington. Win McNamee/Getty Images hide caption toggle caption Win McNamee/Getty Images As President Biden prepared for his maiden speech to the United Nations General Assembly on Tuesday, his White House was reeling from a trifecta of bad news stories — headlines that underscored questions about U.S. leadership in the world. “We are closing the chapter on 20 years of war and opening a chapter of intensive…
WASHINGTON — This is the week President Joe Biden had flagged to launch a massive coronavirus booster campaign that would eventually reach every vaccinated person in the country. Instead, the booster effort is bogged down in criticism and confusion at home and abroad.Food and Drug Administration advisers decided to recommend booster shots only for those over age 65 or at special risk — rather than Biden’s public preference of everyone 16 years and older — after a month of controversy in which top FDA scientists resigned and outside medical experts complained that the White House appeared to be pressuring the…
If your day doesn’t start until you’re up to speed on the latest headlines, then let us introduce you to our new morning fix. CZECH REPUBLIC Czech Finance Minister Alena Schillerova said on Sunday she had warned the central bank against sharp rises in interest rates, prompting a swift reply from the bank’s governor, who said further increases were needed. The Czech National Bank is one of the first in the European Union to begin tightening monetary policy amid strong inflationary pressures. Czechs traveled abroad this summer more than last year and over 750,000 spent their vacation in Croatia, nearly…
WASHINGTON — Senate Democrats hit a roadblock Sunday in their effort to slip an overhaul of the country’s immigration laws into a spending bill that can pass without Republican support, according to a document obtained by NBC News.Democrats had hoped to include legislation that would grant a path to citizenship for an estimated 8 million undocumented people in their sweeping tax and spending bill. But their effort to circumvent the filibuster hit a roadblock.Democrats sought to provide a pathway to citizenship for beneficiaries of the DACA program, farmworkers, essential workers who aided during the coronavirus pandemic and recipients of temporary…


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