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Trudeau readies virus aid for ‘Canadian cities’

Bloomberg Prime minister Justin Trudeau is ready to announce financial support for Canadian municipalities whose revenues have plunged amid the Covid-19 lockdowns. Trudeau was expected to announce C$2.2 billion ($1.6 billion) in funding on Monday, according to a government official familiar with the plans. The money — potentially only a first move to help cities — will come in the ...

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Trump invokes law-and-order to put protests over pandemic

Bloomberg President Donald Trump has seized on destructive nationwide protests against police brutality to portray himself as an icon of law and order, eschewing the soothing role past presidents have adopted in similar moments as he seeks to turn the election-year conversation from his widely panned handling of the coronavirus outbreak. The president blamed the protests on Antifa, a loosely ...

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US to sell HK consulate housing amid tensions

Bloomberg US government is selling its Hong Kong consulate staff quarters, estimated to be worth more than $400 million, amid rising tension over the city’s future. The compound is located in Shouson Hill, on the southern side of Hong Kong Island, where some of the city’s richest tycoons, including Li Ka-Shing, own houses. Comprising several apartment buildings spread over almost ...

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