October, 2020

• 11 October

  China’s insistence ‘Taiwan isn’t a country’ starts backfiring

  

  Bloomberg The more China tells the world that Taiwan isn’t a country, the more Beijing’s adversaries are starting to treat it like one. On Taiwan’s National Day, Beijing’s embassy in New Delhi was reported to have issued a letter telling India’s media not to refer to it as a country or to Tsai Ing-wen as its president. Indians responded by ...

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• 11 October

  Xi to visit Shenzhen this week, says SCMP

  

  Bloomberg Chinese President Xi Jinping plans to visit Shenzhen this week to oversee celebrations for the 40th anniversary of the establishment of the special economic zone, the South China Morning Post (SCMP) reported. Xi is expected to meet Hong Kong Chief Executive Carrie Lam and Macau counterpart Ho Iat-seng during the event, the Post said, citing an unnamed person who ...

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• 11 October

  EU to assist Mozambique in combatting insurgency

  Bloomberg The European Union has agreed to help “strengthen the capacity” of Mozambique’s government in its fight against an escalating insurgency that’s killed more than 2,000 in a region home to Africa’s biggest foreign investments. The EU gave “a positive response” to the southeast African nation’s request for assistance, Ambassador Antonio Sanchez-Benedito Gaspar said in a statement. Mozambique had asked ...

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• 11 October

  Kim shows off new ICBM built during talks with Trump

  

  Bloomberg Kim Jong-un rolled out a new ballistic missile designed to carry nuclear warheads to the US, in a massive military parade that appeared calibrated to show strength at home and abroad without provoking President Donald Trump. The new intercontinental ballistic missile (ICBM), which weapons experts said appeared to be the largest road-mobile rocket of its type, provided the grand ...

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• 11 October

  Trump ‘no longer a transmission risk’

  

  Bloomberg President Donald Trump is no longer considered a coronavirus transmission risk to others and has met the criteria to end self-isolation, according to White House physician Sean Conley. Trump has been fever-free for well over 24 hours and all symptoms have improved, Conley said in a memorandum published by the White House. He didn’t say if the president tested ...

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• 11 October

  Millions face new UK curbs over rising cases

  

  Bloomberg Millions of Britons could be on the verge of new coronavirus restrictions, with the UK’s deputy chief medical officer warning the nation has reached a “tipping point” similar to the situation before the countrywide lockdown began in March. Prime Minister Boris Johnson was expected to make a statement to lawmakers on Monday amid expectations that a three-tier local lockdown ...

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• 11 October

  Trump businesses flourished from his presidency: Times

  

  Bloomberg More than 200 companies, lobbying groups and foreign governments have given business to President Donald Trump’s resorts and hotels, while gaining benefits from him and his administration, an investigation by the New York Times found. During Trump’s first two years in office, the Times reported, 60 customers paid Trump’s family owned business about $12 million, and almost all had ...

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• 11 October

  Trudeau unveils new plan to help firms pay rent amid pandemic

  

  Bloomberg Prime Minister Justin Trudeau unveiled a new plan to help businesses pay rent amid a second wave of coronavirus in Canada. The Canada Emergency Rent Subsidy will provide funding of up to 65% of rental or mortgage costs for businesses suffering from revenue declines, depending on the scale of losses. Businesses forced to close due to local shutdown orders ...

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• 11 October

  Italy’s economy set to shrink 10% this year

  Bloomberg The Italian economy will contract 10% in 2020 and make a partial recovery next year with growth of 4.8%, Confindustria said in a report. After a rebound in the past quarter, momentum is expected to weaken again in the final three months of the year, the industry lobby said. “The gradual increase in the number of newly infected, although ...

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• 11 October

  UK data center market continues to grow despite Brexit worry

  

  Bloomberg Fears the UK’s data center operators would shift their infrastructure abroad because of Brexit are looking unfounded, with several firms and industry experts saying they’ve seen domestic growth since 2016. London’s data center market had a total supply of 711 megawatts during the second quarter of 2020 and is expected to end the year with 67 additional megawatts of ...

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