US economy contracted 4.8%, worst since the financial crisis
The US economy suffered its most severe contraction in more than a decade in the first quarter of the year, as the country introduced lockdowns to slow the spread of coronavirus. The world's largest economy sank at an annual rate of 4.8%, according to official figures released on Wednesday. It marked the first contraction since 2014. Since March, more than 26 million people in the US have filed for unemployment
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China risks losing Taiwan 'forever' due to its actions in Hong Kong, says strategist
China may never "reunify" with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said on Monday. The Chinese Communist Party has never governed the island, but has sought to push Taiwan to accept Beijing's rule under a "one country, two systems" framework.
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Cnbc
Global coronavirus cases top 17 million
Global coronavirus cases top 17 million
The total number of COVID-19 cases around the world surpassed 17 million. At least 667,000 deaths have been confirmed from coronavirus, making it one of the worst pandemics the world has ever seen. The economic toll from the pandemic has hit countries around the world as governments implement large-scale lockdowns and border controls to contain the transmission of the virus
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CNBC
More than 25% of the global coronavirus cases are in the US
According to the latest data compiled by Johns Hopkins University, there are more than 16 million confirmed coronavirus cases around the world, at least 4.1 million cases are in the US alone. The U.S. continues to see record increase across several states, with the country registering more than 1,000 daily coronavirus deaths for four straight days as of Saturday. Total U.S. deaths from the virus currently number 146,463
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FBI arrests a Chinese researcher for visa fraud
FBI arrests a Chinese researcher for visa fraud
According to a statement released by an official in the justice department, the FBI has arrested a researcher who took refuge in the Chinese consulate in San Francisco after allegedly lying to investigators about her Chinese military service and will appear in court on Monday. Juan Tang, a researcher at the University of California, Davis, applied for a nonimmigrant J1 visa in October 2019
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