Connect with us


Shanghai aims to defeat COVID over next week as Beijing hunkers down




© Reuters. Couriers make deliveries near a worker in a protective suit who is sitting outside a residential area under lockdown, amid the coronavirus disease (COVID-19) outbreak in Beijing, China May 12, 2022. REUTERS/Carlos Garcia Rawlins


By David Stanway and Martin Quin Pollard

SHANGHAI/BEIJING (Reuters) -Locked-down Shanghai aims to ringfence its COVID outbreak over the next week, officials said on Friday, while residents in China’s capital Beijing largely heeded the advice of authorities to work from home to stem the virus’ spread.

Easing weeks of punishing restrictions in the commercial hub would bring relief to China’s battered economy, although there is growing concern that Beijing may yet take a similar course of action if it fails to get a nascent outbreak under control.

Shanghai’s deputy mayor, Wu Qing, said the city of 25 million aims to eliminate COVID outside of quarantined zones within the next week or so.

After that, the city’s lockdown will be “lifted in batches”, with shops opened and traffic restictions eased, he said in the announcement which confirmed a Reuters story from Sunday.

The vast majority of Shanghai’s more than 2,000 new cases are in areas already under the tightest controls, while those found in the relatively freer communities are the ones most closely watched for clues as to where Shanghai’s outbreak is heading.

The number of such cases rose to four on May 12, up from two the previous day.

Last week, some of Shanghai’s residents were allowed outside their housing compounds for brief walks and grocery shopping but the city has in recent days been tightening curbs.

More and more areas have entered what authorities call “silent management mode”, which typically means boards or fences around buildings, no deliveries and residents once again stuck indoors.


Beijing’s daily COVID caseloads are a fraction of Shanghai’s, but there are signs the worst may still be to come in the capital.

Beijing reported 51 new cases on Friday, of which 11 were not in the so-called “controlled areas” under the tighest restrictions.

It is the highest number of cases found in the community at large since April 29, when Beijing started to provide clear data on where cases had been found.

Amid a growing sense of caution, Beijing officials late on Thursday denied rumours of an imminent lockdown, urging people not to panic-buy but to stay at home. They also announced a new round of mass testing across most of the city.

Authorities in the capital had already banned dine-in services at restaurants, closed some malls, entertainment and tourist venues, suspended sections of the bus, subway and taxi systems and imposed lockdowns on some residential buildings.

“It is very inconvenient to travel about the city now,” said Beijing resident Harry Liang, 30.

COVID curbs have placed hundreds of millions of people in dozens of major cities under various degrees of restriction, hurting consumption and manufacturing, and disrupting trade and global supply chains.

Officials in Shanghai, China’s most populous city and its commercial centre, said economic activity was gradually resuming, with many factories operating in “closed loop” systems, with workers living on site.

More than 9,000 large-scale enterprises in Shanghai were now operating at close to 50% capacity, officials said.

Still, some economists expect China’s economic growth to slow sharply in the second quarter, or even shrink, endangering the annual growth target of about 5.5%.

China’s yuan fell to its weakest since September 2020.

Han Wenxiu, deputy head of the Communist Party’s office for financial and economic affairs, said on Thursday that China would not hesitate to introduce new policies to prop up growth.

With youth unemployment at 16%, China will take steps to improve job prospects for college graduates, its cabinet said on Friday.

The government has been cutting taxes for businesses and channelling more funds into infrastructure projects, while the central bank has been pumping more cash into the economy.


While travel curbs in much of the rest of the world are easing as countries try to learn to live with COVID, China said on Thursday it would “strictly limit” unnecessary foreign trips by its citizens.

Most international flights to and from China have been cancelled over the past two years but the announcement by immigration authorities was the clearest sign yet that travel will not resume any time soon.

“I can’t do anything right now,” a Shanghai resident who identified himself only as Mr Ma due to the sensitivity of the matter told Reuters.

“The government is squeezing the freedom,” added Ma, who has made plans to travel the world with his young family following the trauma of the recent Shanghai lockdown.

China has rejected criticism of its uncompromising “zero COVID” policy, saying that saving lives is worth the huge short-term costs and that activity would gradually resume once outbreaks are eradicated.

“Whoever bets that China is at risk of a self-inflicted recession will suffer the consequences of their mistakes,” state-backed nationalist tabloid the Global Times said in an editorial.


Democrats warn abortion, voting rights at stake in Pennsylvania governor’s race



© Reuters. FILE PHOTO: Pennsylvania State Senator Doug Mastriano speaks at a protest against the state’s extended stay-at-home order to help slow the spread of the coronavirus disease (COVID-19) in Harrisburg, Pennsylvania, U.S., April 20, 2020. REUTERS/Rachel Wisni

By James Oliphant and Jarrett Renshaw

WASHINGTON (Reuters) – After far-right candidate Doug Mastriano won the Republican primary for Pennsylvania governor, Democrats quickly warned voters that he poses a threat to abortion access, voting rights and election integrity should he win in November.

Josh Shapiro, the state’s attorney general and the Democratic nominee for governor, called Mastriano the most extreme gubernatorial candidate in the country.

The Republican supports abortion bans with no exceptions for rape, incest or the health of the mother. He has proposed restrictions on mail-in voting and eliminating ballot drop boxes, and he backs former President Donald Trump’s false claims of election fraud in the 2020 presidential contest.

Shapiro’s campaign said it had raised about $200,000 since the polls closed in the Republican primary on Tuesday night, and the Democratic candidate asked for more donations on Wednesday.

Democrats view the Pennsylvania governor’s race as one of the most critical contests in the country. The current governor, Democrat Tom Wolf, has blocked measures from the Republican-controlled state legislature that would limit abortion and voting rights.

Some Republicans in Pennsylvania are also alarmed by Mastriano, who marched in Washington before the Jan. 6, 2021 siege of the U.S. Capitol. They said they fear Mastriano is all but unelectable and could drag down the party’s entire state ticket with him.

“We are going to lose state house and state senate races,” said Val Biancaniello, a Republican state committee member from Philadelphia’s suburbs. “It is very difficult for someone like me to rally behind Doug Mastriano, who is going to get his butt kicked in November because he is a far-right extremist.”

Mastriano, who was endorsed by Trump the weekend before the primary, disputed that he is a far-right candidate.

“I repudiate that,” he said in his victory speech on Tuesday. “That is crap.”


As voters worry about inflation, the coronavirus pandemic and crime, Democrats are looking to leverage the battle over abortion rights to boost turnout among women and young voters, including independents and some Republicans.

Shapiro has vowed to veto any abortion restrictions that come before him as governor.

Mastriano, a state senator, has proposed a so-called “heartbeat” bill that would ban abortions after six weeks. He recently called abortion “genocide.”

The Pennsylvania legislature has introduced a bill that would prevent the state Supreme Court from declaring abortion a right if the U.S. Supreme Court overturns its Roe v. Wade precedent and sends the issue of legalization back to individual states.

“With our fundamental rights on the line, we must work harder than ever to ensure that an anti-choice extremist like Doug Mastriano never holds the governor’s office,” said Ally Boguhn, a spokesperson for NARAL Pro-Choice America.

Mastriano also has championed Trump’s stolen election claims, proposing a state audit of the 2020 results.

A retired Army colonel, Mastriano was seen outside the U.S. Capitol on Jan. 6, 2021, when Trump supporters breached the building. He has said he peacefully participated in a pro-Trump “Stop the Steal” rally that day but left before the siege.

Some influential Republicans in the state, such as Sam DeMarco, a Republican Party committee chair in Pittsburgh, warned ahead of the primary that Mastriano was unelectable, pointing to survey research that predicted swing voters would shift to Shapiro in large numbers if Mastriano won the nomination.

Analysts say Shapiro, a candidate who has won statewide and went unchallenged in the Democratic primary, has the edge in the race. Heading into the primary, Mastriano had about $800,000 in his campaign account, while Shapiro was sitting on a war chest of more than $18 million.

Mastriano “needs to start showing how he’s going to appeal to moderate Republicans and independent voters,” said Charlie O’Neil, a veteran of Republican campaigns in Pennsylvania. “You don’t win Pennsylvania by winning the Republican base.”

Continue Reading


U.S. warns North Korea could greet Biden with nuclear, missile tests



© Reuters. FILE PHOTO: FILE PHOTO: North Korean leader Kim Jong Un walks next to what state media reports is the “Hwasong-17” intercontinental ballistic missile (ICBM) on its launch vehicle in this undated photo released on March 25, 2022 by North Korea’s Korean Cen

By Alexandra Alper, David Brunnstrom and Josh Smith

WASHINGTON/SEOUL (Reuters) -U.S intelligence shows there could be a North Korean nuclear test, or a long-range missile test, or both, before, during or after President Joe Biden’s trip to South Korea and Japan starting this week, the U.S. national security adviser Jake Sullivan, said on Wednesday.

The White House said Biden would not visit the Demilitarized Zone (DMZ) that divides North and South Korea during his visit to South Korea, which begins on Friday, having said last week he was considering such a trip.

“Our intelligence does reflect a genuine possibility that there will be either a further missile test, including long-range missile test, or a nuclear test, or frankly both, in the days leading into, on, or after the president’s trip to the region,” Sullivan told a White House briefing.

“We are preparing for all contingencies,” he said.

Sullivan said the United States was coordinating closely with South Korea and Japan and he had also discussed North Korea with his Chinese counterpart Yang Jiechi in a phone call on Wednesday.

Biden’s May 20-24 trip will be his first to Asia as president. It will include his first summit with South Korean President Yoon Suk-yeol, who took office on May 10 and has vowed a harder line against North Korean “provocations.”

Sullivan said the United States was prepared to make both short- and longer-term adjustments to its military posture as necessary “to ensure that we are providing both defense and deterrence to our allies in the region and that we’re responding to any North Korean provocation.”

Earlier, U.S. and South Korean officials said North Korea appeared to be preparing to test an intercontinental ballistic missile (ICBM) ahead of Biden’s trip to South Korea, even as it battled a big COVID-19 outbreak.

South Korean Deputy National Security Adviser Kim Tae-hyo said such a test appeared imminent and a U.S. official said it could happen as soon as Thursday or Friday.

Kim Tae-hyo said a “Plan B” had been prepared in the event of a small or large North Korean “provocation,” which could involve altering the summit schedule.

A weapons test could overshadow Biden’s broader trip focus on China, trade, and other regional issues, and underscore the lack of progress in denuclearization talks with North Korea, despite his administration’s vow to break the stalemate with practical approaches.

North Korea has conducted repeated missile tests since Biden took office last year and this year resumed launches of ICBMs for the first time since 2017. After each launch, Washington has urged North Korea to return to dialogue, but to no response.

Meanwhile, U.S. efforts to encourage tougher international sanctions have met Russian and Chinese resistance.

Analysts say that while China’s view on sanctions might alter with another nuclear test, Russian support appeared unlikely after the campaign of U.S.-led sanctions over Moscow’s Ukraine intervention.

Yoon is expected to seek greater assurances from Biden that Washington will strengthen “extended deterrence” against North Korea – a reference to the U.S. nuclear weapons umbrella protecting its allies.

Yoon’s administration has asked Washington to station more nuclear-capable “strategic assets,” such as long-range bombers, submarines, and aircraft carriers in the region.

Kim said the chances of North Korea conducting a nuclear test this weekend appeared low, but if it staged any major provocation, such assets were ready to be mobilised.

A nuclear test could complicate international efforts to offer Pyongyang help to deal with its COVID crisis.

Yoon has offered to help North Korea with this issue, and analysts expect Biden to endorse this effort, even though his administration has said it has no plans to send vaccines directly to North Korea and Pyongyang has persistently refused help though the global vaccine initiative.

The rising case load and a lack of modern care for COVID-19 in North Korea worries World Health Organization officials that an unchecked spread could give rise to deadlier new variants.

North Korea sent aircraft to China to pick up medical supplies days after it confirmed the outbreak, media reported on Tuesday.

A new report by Washington’s Center for International and Strategic Studies said commercial satellite imagery showed work continuing at North Korea’s main nuclear site, where underground testing tunnels were shuttered in 2018 after leader Kim Jong Un declared a moratorium on nuclear and ICBM tests.

He has since said he is no longer bound by that moratorium because of a lack of progress in talks with the United States. While North Korea has resumed ICBM testing, it has not tested a nuclear bomb since 2017.

North Korea has also resumed construction at a long-dormant nuclear reactor that would increase its production of plutonium for nuclear weapons by a factor of 10, researchers at the U.S.-based James Martin Center for Nonproliferation Studies reported last week, citing satellite imagery.

Continue Reading


U.S. health secretary tests positive for COVID on trip to Berlin



© Reuters. FILE PHOTO: Secretary of Health and Human Services Xavier Becerra testifies before the Senate Health, Education, Labor, and Pensions Committee hearing to discuss reopening schools during the coronavirus disease (COVID-19) at Capitol Hill in Washington, D.

WASHINGTON (Reuters) – U.S. Health and Human Services Secretary Xavier Becerra tested positive for COVID-19 on Wednesday while on a trip to Berlin ahead of G7 meetings of health ministers, a spokesperson said.

Becerra, who is fully vaccinated and boosted, is experiencing mild symptoms and will work in isolation, she said. Becerra had last visited the White House a week ago and President Joe Biden is not considered a “close contact” as defined by U.S. health authorities, she added.

Continue Reading


Cryptocurrency11 mins ago

SEC chair uses crypto enforcement in justification for FY2023 budget

SEC chair uses crypto enforcement in justification for FY2023 budget Gary Gensler, chair of the United States Securities and Exchange...

Economy12 mins ago

World Bank to offer $30 billion as Ukraine war threatens food security

© Reuters. FILE PHOTO: The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020....

Stock Markets12 mins ago

U.S. agency opens probe into fatal Tesla vehicle crash that killed three

© Reuters. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New...

Stock Markets12 mins ago

Kohl’s loses two senior executives as it looks for a buyer

© Reuters. FILE PHOTO: The sign outside a Kohl’s store is seen in Broomfield, Colorado February 27, 2014. REUTERS/Rick Wilking...

Stock Markets41 mins ago

Dow Futures Tick Lower After Wall Street Sell-off Intensifies

© Reuters. By Oliver Gray – U.S. stock futures were trading lower during Wednesday’s evening deals, after major benchmark...

World41 mins ago

Biden presses companies on infant formula, FDA eyes more imports

4/4 © Reuters. FILE PHOTO: Empty shelves show a shortage of baby formula at CVS in San Antonio, Texas, U.S....

Stock Markets41 mins ago

New York Times pauses return to office for workers

© Reuters. FILE PHOTO: The New York Times building is seen in Manhattan, New York, U.S., August 3, 2020. REUTERS/Shannon...

Stock Markets41 mins ago

Hedge fund Melvin Capital tells investors it plans to shut down -letter

2/2 © Reuters. FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York,...

World42 mins ago

More Ukraine fighters surrendering in Mariupol, Russia says

© Reuters. Buses carrying service members of Ukrainian forces who have surrendered after weeks holed up at Azovstal steel works...

Economy42 mins ago

Exclusive-Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows

© Reuters. FILE PHOTO: A businessman walks near the Bank of Japan headquarters in Tokyo, Japan, Feb. 15, 2016. REUTERS/Thomas...

Stock Markets1 hour ago

U.S. lodges third labor complaint in Mexico, on behalf of Panasonic workers

© Reuters. FILE PHOTO: A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced...

Cryptocurrency1 hour ago

Candidate supported by Bankman-Fried-linked PAC loses Oregon primary

Candidate supported by Bankman-Fried-linked PAC loses Oregon primary Andrea Salinas has won the Democratic primary election for the newly created...

Stock Markets1 hour ago

Cisco shares slump as China lockdowns, Ukraine crisis hit outlook

© Reuters. FILE PHOTO: The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology...

Stock Markets1 hour ago

Biden invokes Defense Production Act to increase infant formula supply

© Reuters. FILE PHOTO: Empty shelves show a shortage of baby formula at CVS in San Antonio, Texas, U.S. May...

Economy2 hours ago

Brazil’s govt will maintain GDP outlook for 2022 and 2023 -sources

© Reuters. FILE PHOTO: Consumers shop at a weekly street market in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo...

Cryptocurrency2 hours ago

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan In times of high stress...

Economic Indicators2 hours ago

JPMorgan cuts U.S. GDP estimates for 2022 and 2023

© Reuters. FILE PHOTO: Stacked containers are shown as ships unload their cargo at the Port of Los Angeles in...

Stock Markets2 hours ago

Plotkin’s Melvin Capital to Wind Down – Report

© Reuters Plotkin’s Melvin Capital to Wind Down – Report Gabe Plotkin’s Melvin Capital Management, a hedge fund that lost...

Stock Markets2 hours ago

Chevron, Schlumberger withdraw request for California carbon-capture permit

2/2 © Reuters. FILE PHOTO: The logo of Chevron Corp is seen in its booth at Gastech, the world’s biggest...

Economy2 hours ago

Factbox-U.S. companies offering abortion travel benefits

© Reuters. Signage is seen at an Amazon facility in Staten Island, New York City, U.S., April 24, 2022. REUTERS/Andrew...

Sports & General2 hours ago

New York state opens probe of social media platforms used by Buffalo shooting suspect

2/2 © Reuters. FILE PHOTO: Members of the Buffalo Police department work at the scene of a shooting at a...

Stock Markets2 hours ago

Synopsys Shares Up 4% Following Q2 Beat, Upbeat Guidance

© Reuters. Synopsys Shares Up 4% Following Q2 Beat, Upbeat Guidance Synopsys (NASDAQ:SNPS) shares were trading more than 4% higher...

Stock Markets2 hours ago

Under Armour CEO Frisk Steps Down After 5 Tumultuous Years

© Reuters. Under Armour CEO Frisk Steps Down After 5 Tumultuous Years Under Armour, Inc. (NYSE:UA), announced that Patrik Frisk...

Coronavirus2 hours ago

Democrats warn abortion, voting rights at stake in Pennsylvania governor’s race

© Reuters. FILE PHOTO: Pennsylvania State Senator Doug Mastriano speaks at a protest against the state’s extended stay-at-home order to...

Cryptocurrency2 hours ago

Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?

Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine? The past week has not been an easy...

World2 hours ago

Massachusetts identifies first 2022 U.S. case of monkeypox infection

2/2 © Reuters. An electron microscopic (EM) image shows mature, oval-shaped monkeypox virus particles as well as crescents and spherical...

Stock Markets2 hours ago

U.S. lodges labor complaint against Panasonic in Mexico

© Reuters. FILE PHOTO: A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced...

Cryptocurrency3 hours ago

Meta trademark filing hints at plans for crypto payments platform

Meta trademark filing hints at plans for crypto payments platform Social media giant Facebook (NASDAQ:FB)’s parent company, Meta, may be...

Stock Markets3 hours ago

Cisco Shares Plunge 17% on Q3 Revenue Miss and Disappointing Outlook

Cisco Shares Plunge 17% on Q3 Revenue Miss and Disappointing Outlook Cisco Systems (NASDAQ:CSCO) shares dropped around 17% after-hours Wednesday...

Stock Markets3 hours ago

Cisco shares plunge after China lockdowns, Ukraine crisis hits outlook

© Reuters. FILE PHOTO: The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology...