• The US doesn't have to believe anything China says, but it doesn't have to pick a fight with China either

    14 days ago - By Business Insider

    Chinese President Xi Jinping.
    Noel Celis - Pool/Getty Images
    The Trump administration has taken an assertive approach to China, seeking to rebut Beijing's propaganda and to cast its ambitions in the starkest terms.
    But the US doesn't need to court conflict to counter China, and it can commit to "telling the truth about China," without needlessly antagonizing Beijing, writes Defense Priorities fellow Bonnie Kristian.
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    The nations of the world should "see each other as members of the same big family, pursue win-win cooperation, rise above...
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  • The US economy can live with stimulus being delayed as long as it is implemented by early 2021, JPMorgan says

    14 days ago - By Business Insider

    President Donald Trump walks on the South Lawn upon arrival at the White House in Washington, Saturday, Jan. 19, 2019, after attending the casualty return at Dover Air Force Base, Del., for the four Americans killed in a suicide bomb attack in Syria.

    The US can live with a delayed new federal coronavirus relief package as long as it is implemented by early 2021, JPMorgan Asset Management global strategist Patrik Schowitz told CNBC. "It'll be better to get the stimulus now but as long as we get it early next year, we think the economy will be able to get through that," the global...
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  • Trump's tweets turn market - IBM eyes new NYC office - Bankruptcy consulting booms

    14 days ago - By Business Insider

    Getty
    Hiya. President Donald Trump sent US markets into a nosedive Tuesday afternoon after tweeting that he was calling off negotiations with Democrats on a coronavirus relief bill until after the election. We're less than a month out from the election, so it's fair to assume things will only escalate on both sides, which could lead to a volatile October. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. We are also looking for nominations for our first-ever Rising Stars of Real Estate. Get all the...
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  • AOC says if Trump walks away from stimulus relief, the economy would be 'staring down the barrel' of one of the largest mass evictions in US history

    14 days ago - By Business Insider

    Patrick Semansky, File via AP, Evan Vucci/AP
    Rep. Alexandria Ocasio-Cortez told MSNBC that President Donald Trump walking away from stimulus negotiations would mean the US will be "staring down the barrel" of one of the largest eviction crises ever. "We're looking at a potential second wave that could be catastrophic," the Democrat said after Trump abruptly ended stimulus discussions on Tuesday. "We are looking at the potential of hunger in the United States exploding on a level that we have never seen since the Great Depression." After Trump first told his team to end talks on another...
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