Shanghai Permits 4 Million People To Leave Their Homes As Lockdown Eases
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Shanghai Permits 4 Million People To Leave Their Homes As Lockdown Eases
Shanghai Permits 4 Million People , To Leave Their Homes , As Lockdown Eases.
Associated Press reports that Shanghai has allowed
4 million additional people to leave their homes as
COVID restrictions in China's largest city have begun to ease.
.
Health official Wu Ganyu said at a news conference that nearly 12 million of the 25 million people in Shanghai are now allowed to go outdoors.
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Health official Wu Ganyu said at a news conference that nearly 12 million of the 25 million people in Shanghai are now allowed to go outdoors.
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AP reports that Wu announced the virus was now “under effective control” in areas of the city.
AP reports that Wu announced the virus was now “under effective control” in areas of the city.
Wu said that over 4 million people
are now in areas where the restriction status
has been reduced from closed to controlled.
.
Large gatherings remain prohibited,
and some people can still only
travel within their neighborhoods.
.
AP reports that the lockdown is part
of China’s “zero-COVID” strategy.
On March 28, most of Shanghai
was confined to their homes
following a surge in infections.
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Those who test positive have been
ordered into state-run quarantine
centers set up in public buildings.
.
Meanwhile, as a result of the lockdowns, the International Monetary Fund reduced its forecast for China's economic growth from 4.8% to 4.4%.
Meanwhile, as a result of the lockdowns, the International Monetary Fund reduced its forecast for China's economic growth from 4.8% to 4.4%.
The IMF added that China's "zero-COVID" lockdown “will likely compound supply disruptions elsewhere” and might contribute to rising inflation
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Law Enforcement Hiring , Increased in 2023 , Following Years of Decline.
NBC reports that police departments in the United States
have seen their first increase in ranks, changing course
on a historic exodus of officers in recent years.
According to a recent survey,
2023 saw more officers sworn in
than any of the previous four years. .
At the same time, the survey by the Police Executive
Research Forum (PERF) also found that fewer law
enforcement officers resigned or retired in 2023. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
Law enforcement numbers had been declining following
the COVID pandemic and nationwide protests against
police brutality following the death of George Floyd. .
I just think that the past four
years have been particularly
challenging for American policing.
And our survey shows we’re
finally starting to turn a corner, Chuck Wexler, Executive director of PERF, via NBC.
NBC reports that declining numbers left
many police departments with a shortage of
officers, which resulted in slower response times.
Chuck Wexler, executive director of PERF, warns that many police departments are still struggling to recruit and retain officers.
According to Wexler, law enforcement , "isn't out of the woods yet.".
At least a dozen smaller police departments in
the nation have been forced to disband, leaving those
municipalities reliant upon state or county police forces.
NBC reports that in addition to increased pay and
benefits, many police departments have chosen to
change application requirements to increase hiring
Credit: Wibbitz Top Stories Duration: 01:31Published
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China , Partially Eases , Shanghai Lockdown.
On April 12, some of Shanghai's 25 million
residents were allowed to leave their homes
as the city eased a two-week-long shutdown. .
ABC reports that..
Credit: Wibbitz Top Stories Duration: 01:31Published