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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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EU floats taxing 70,000 companies for market access

Bloomberg The European Union (EU) could charge 70,000 companies for access to the EU market to help pay for its coronavirus recovery program, Budget Commissioner Johannes Hahn was quoted as saying in a Financial Times interview. Hahn said there’s no alternative to giving the European Commission new sources of revenue to service the debt it would take on under the ...

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