The United States electric car manufacturer has sold more cars per capita in Norway than any other country in the world thanks to the government's generous measures in favor of electric cars including tax exemptions, free city tolls and public parking.
The US Federal Open Market Committee (FOMC) cut interest rates a quarter-point to 1.50 from 1.75 percent after reducing rates by a quarter-point each in July and September. Eight of 10 FOMC board members voted to cut rates while two voted to hold rates steady. The action followed nine rate increases since December 2015, including four increases last year.
The US repatriated 329 Americans this week from the Diamond Princess. Several American passengers onboard are still being treated in Japan, the CDC said. The number of cases in the US is expected to rise based on infections developed on that ship.
The US is seen to have "attacked China in areas such as trade, science and technology and people to people exchanges," but both countries need to understand that their development complement and reinforce each other, said Zeng Peiyan, chairman of the China Centre for International Economic Exchanges on Wednesday.
The United Nations estimates the global population may hit 9.7 billion in 2050 from the present 7.7 billion. However, a wide discrepancy among subregions is apparent across the world.
The US Labor Department said Thursday that 1.3 million workers filed jobless claims for the week ending July 11, a decline of 10,000 from the previous week. Economists polled by Dow Jones expected 1.25 million new claims.
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The United States pressed all nations Saturday to "stand with the forces of freedom" in Venezuela, encouraged by a tougher European line as Russia and Cuba stood behind President Nicolas Maduro.
The US Federal Reserve recently cut the interest rates by a quarter-percentage point to buoy the US economy amid a global slowdown and the continuing US-China trade dispute, the first time since 2008 when the subprime mortgage crisis threatened to torpedo the US economy. China's central bank may not necessarily cut rates, as the Chinese economy is in a different situation compared to some developed economies, where low inflation and precarious growth are key concerns. But, there will likely be leeway in China's monetary policy in the following months.
The US recognized a China that allowed it to weaken its great strategic rival, the Soviet Union. It was the instrumentalization of China made possible by an asymmetry of power that was at the heart of the Kissingerian approach. As the power gap narrows between Washington and Beijing, this strategy is obviously obsolete.
The US Supreme Court last November declined to stop the lawsuit but told the Trump administration it could still petition a lower court to dismiss the case. A three-judge panel of the 9th Circuit granted the Trump administration's motion to put the case on hold while considering its merits.