Hong Kong CNN — China’s top-secret civilian espionage service has set up a public account on a major social media platform to call on “all members of society” to join its fight against espionage, offering rewards and protection for those who provide information. The Ministry of State Security oversees intelligence and counterintelligence both in China … Read more
Washington, D.C CNN — Some Federal Reserve officials are already arguing for two consecutive rate hikes starting this month in a bid to curb inflation. But will their influence endure despite a reshuffle in the Fed’s interest rate committee? Probably. St. Louis Fed President James Bullard, the Fed’s toughest voice, announced on Thursday that he … Read more
Washington, D.C CNN — The Federal Reserve has two goals: to keep inflation under control and to maximize employment. Mike Pence, who served as Donald Trump’s vice president and is fighting for leadership of the White House, is campaigning for the Fed’s employment mandate to be scrapped. Some economists say it wouldn’t be a bad … Read more
Beijing CNN — US Secretary of State Antony Blinken met with China’s top diplomats on the final day of a high-level visit to Beijing aimed at stabilizing ties. All eyes are on if Washington’s envoy will meet Chinese leader Xi Jinping later in the day. With world powers increasingly at odds, there is widespread international … Read more