China to Ease 'Zero-COVID' Restrictions Amid Nationwide Protests
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
China to Ease 'Zero-COVID' Restrictions Amid Nationwide Protests
China to Ease, 'Zero-COVID' Restrictions , Amid Nationwide Protests.
China to Ease, 'Zero-COVID' Restrictions , Amid Nationwide Protests.
According to NBC News, state-run news
agency Xinhua reported that Sun Chunlan,
the vice premier in charge of pandemic response, .
... said the nation was facing , “a new situation and new tasks
in epidemic prevention and control.”.
Sun reportedly emphasized the importance of improving
treatment and medication while also increasing
vaccinations, particularly among the older population.
Despite Chinese authorities easing COVID measures
last month, recent outbreaks have resulted in millions
of people being forced to remain in their homes.
Both Guangzhou and Zhengzhou have
experienced increased COVID unrest and protests.
.
Both Guangzhou and Zhengzhou have
experienced increased COVID unrest and protests.
.
Last week, a massive protest
took place in Zhengzhou at
the world's largest iPhone factory.
Authorities in China have been quick to stamp out
protests and have increased police presence on the
streets to prevent further public displays of dissent.
.
Authorities in China have been quick to stamp out
protests and have increased police presence on the
streets to prevent further public displays of dissent.
.
Recent nationwide protests have seen crowds calling
for an end to strict COVID restrictions they claim
contributed to a deadly fire in the Xinjiang region.
NBC reports that other protestors have
called for sweeping democratic reform
and even for President Xi Jinping to step down.
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#BillGates #Covid19 #CovidConspiracyTheory
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Xi Jinping encourages Hungarian youth to inherit China-Hungary friendship; US Republicans oust Ilhan Omar from key House committee over remarks on Israel; Hong Kong to distribute 5 lakh free air tickets to attract tourists after Covid curbs; Vladimir Putin evokes Stalingrad to justify the invasion of Ukraine.
#XiJinping #China #Hungary
Rising COVID Cases, Leave Beijing City, Streets Empty .
CNN reports that Beijing has been hit with a significant
COVID outbreak just one week after the Chinese
government began easing "zero-COVID" restrictions.
CNN reports that Beijing has been hit with a significant
COVID outbreak just one week after the Chinese
government began easing "zero-COVID" restrictions.
According to CNN, the impact of the outbreak can be seen
in empty streets, deserted shopping centers and residents
voluntarily keeping their distance from one another.
Since the country's restrictive rules have been eased,
offices, shops and residential communities have all
reported rising cases and people reluctant to go outside.
The rule change, which came following widespread
protests, significantly rolled back testing requirements
that had dominated daily life in China for over two years.
On December 14, China's National Health
Commission (NHC) gave up on keeping
track of asymptomatic COVID cases. .
It is impossible to accurately
grasp the actual number
of asymptomatic infections, China's National Health Commission (NHC), via CNN.
Authorities reported 2,249 symptomatic
COVID cases nationally, with 20%
of those cases in the capital.
On December 13, China's top official managing COVID said
that there had only been 50 severe or critical cases in
hospitals, most of whom had underlying health conditions.
On December 13, China's top official managing COVID said
that there had only been 50 severe or critical cases in
hospitals, most of whom had underlying health conditions.
At present, the number of newly
infected people in Beijing is increasing
rapidly, but most of them are
asymptomatic and mild cases, Sun Chunlan, China’s top official in
charge of managing COVID, via CNN
Credit: Wibbitz Top Stories Duration: 01:31Published
Stock Markets Rally , as Meta Leads , Tech Comeback.
On February 2, the S&P 500 jumped to its highest level
in five months as better-than-expected results from
Meta improved the outlook for technology shares. .
NBC reports that a faltering
technology sector led
the market lower in 2022.
The broader market index
climbed 1.2% to reach its
highest level since last August.
The Nasdaq Composite jumped
up 3% to reach its highest
level since September.
Meanwhile, the DOW Jones
Industrial Average underperformed,
dropping 155 points. .
NBC reports that the DOW was dragged down by
Merck after the pharmaceutical firm issued a weak
outlook with the company's latest earnings results.
NBC reports that the DOW was dragged down by
Merck after the pharmaceutical firm issued a weak
outlook with the company's latest earnings results.
In its best day since 2013, Meta leapt up over
27% after reporting a fourth-quarter beat on
revenue and announcing a huge $40 billion buyback.
In its best day since 2013, Meta leapt up over
27% after reporting a fourth-quarter beat on
revenue and announcing a huge $40 billion buyback.
NBC reports that other tech stocks rose on the
positive Meta results, with shares of Google parent
Alphabet up over 6% and Amazon up more than 7%.
NBC reports that other tech stocks rose on the
positive Meta results, with shares of Google parent
Alphabet up over 6% and Amazon up more than 7%.
So far in 2023, the S&P 500 information
technology sector is up over 14%,
following a decline of over 28% in 2022.
It’s showing that growth is outperforming
value as it unwinds some of the pressures
that hawkish rhetoric brought to risk
markets over the course of 2022, Keith Buchanan, senior portfolio manager
at GLOBALT Investments, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Crypto Hacks Stole , Record $3.8 Billion in 2022, Report Finds.
NBC reports that last year was the worst
on record for cryptocurrency theft,
with hackers taking as much as $3.8 billion. .
According to a U.S.-based blockchain
analytics firm, hackers linked to North Korea
stole a record-breaking amount in 2022. .
A report by Chainalysis released on February 1
found that hacking activity had
"ebbed and flowed" throughout the year. .
The report also found that
there were "huge spikes"
in both March and October. .
The month of October ended up being the biggest
single month ever for cryptocurrency hacking with
32 separate attacks resulting in $775.7 million stolen.
NBC reports that 2022 was a hard year for
cryptocurrencies, with diminishing risk appetite
and the collapse of several crypto firms.
NBC reports that 2022 was a hard year for
cryptocurrencies, with diminishing risk appetite
and the collapse of several crypto firms.
In the end, investors suffered huge
losses, and regulators increased calls
to bolster consumer protection.
According to the report, North Korea-linked
hackers, like the syndicate Lazarus Group, stole
an estimated $1.7 billion in multiple 2022 attacks.
In 2022, they shattered
their own records for theft, Chainalysis report, via NBC.
It isn’t a stretch to say that
cryptocurrency hacking
is a sizable chunk of
the nation’s economy, Chainalysis report, via NBC
Credit: Wibbitz Top Stories Duration: 01:30Published
Bed Bath & Beyond , Inches Toward Bankruptcy , With More Store Closures on the Way.
Bed Bath & Beyond has announced that the company
will be closing an additional 87 locations along
with all Harmon health and beauty stores. .
Bed Bath & Beyond has announced that the company
will be closing an additional 87 locations along
with all Harmon health and beauty stores. .
NBC reports that the news comes as the troubled
retailer looks to consolidate assets ahead of
a potential bankruptcy filing in the near future.
As we work with our advisors
to consider multiple paths,
we are implementing actions
to manage our business
as efficiently as possible, Bed Bath & Beyond, via statement.
The company added that
the decision to close more locations was, "based on a variety of factors.".
In the latest announcement,
the company said that it would also
be closing five buybuy BABY stores. .
NBC reports that Bed Bath & Beyond has
announced 237 store closures in the past year.
On January 31, Reuters reported that
the company could potentially file for
bankruptcy within the next week.
On January 31, Reuters reported that
the company could potentially file for
bankruptcy within the next week.
Last week, Bed Bath & Beyond
said that it had defaulted on
a loan to JP Morgan Chase and Co.
According to a Reuters report,
the company is looking to skip additional
debt payments due February 1.
The outlet reports that missing payments
such as this is typically a sign that a distressed
company is looking to conserve cash.
The turnaround plan put in place
last year is not working... Put bluntly,
the business is moving at rapid speed
in the wrong direction with bankruptcy
the most likely destination, Neil Saunders, GlobalData analyst, via Reuters.
The turnaround plan put in place
last year is not working... Put bluntly,
the business is moving at rapid speed
in the wrong direction with bankruptcy
the most likely destination, Neil Saunders, GlobalData analyst, via Reuters
Credit: Wibbitz Top Stories Duration: 01:30Published
Half a Million Workers , Participate in Massive Strikes , Across the UK.
On February 1, the United Kingdom saw thousands
of people participate in the largest strike Britain
has experienced in over a decade.
NBC reports that the strikes come as unions
increase pressure on the government to demand
higher wages amid an ongoing cost-of-living crisis.
The strikes resulted in thousands of schools closing some
or all of their classrooms while train services were brought
to a standstill, and delays were expected at airports. .
According to the Trades Union Congress,
an estimated half a million workers participated
in the walkout across the U.K.
More strikes are reportedly planned
for the coming days and weeks,
which will include nurses and ambulance workers.
NBC reports that the last time the U.K. saw strikes
on this scale was in 2011 when over 1 million public
sector workers took part in a dispute over pensions.
According to union bosses, wages in
the public sector have failed to keep
pace with skyrocketing inflation.
On February 1, the Trades Union Congress
said that the average worker is about $250
a month worse off than they were in 2010.
Currently, inflation in the U.K.
stands at 10.5%, the highest
it's been in 40 years. .
NBC reports that while some economists have
predicted price increases to slow in 2023,
the economic outlook for the U.K. remains grim. .
On January 31, the International Monetary
Fund forecast Britain to be the only major
economy to contract in the year to come.
Credit: Wibbitz Top Stories Duration: 01:31Published
CBS Announces, 'Dr. Phil' Is, Coming to an End.
NBC reports that Phil McGraw
will be ending the show's 21-year run in the spring.
NBC reports that Phil McGraw
will be ending the show's 21-year run in the spring.
According to CBS Media Ventures,
the show will come to an end after
the conclusion of the current season.
CBS Media Ventures is a content creator
associated with CBS network under
the conglomerate Paramount Global.
In a statement released on January 31, CBS Media
Ventures said that McGraw plans to announce a new
"prime-time partnership" set to launch in 2024.
In a statement released on January 31, CBS Media
Ventures said that McGraw plans to announce a new
"prime-time partnership" set to launch in 2024.
This has been an incredible chapter
of my life and career, but while I’m
moving on from daytime, there is
so much more I wish to do, Phil McGraw, via statement.
This has been an incredible chapter
of my life and career, but while I’m
moving on from daytime, there is
so much more I wish to do, Phil McGraw, via statement.
With this show, we have helped
thousands of guests and millions
of viewers through everything
from addiction and marriage to
mental wellness and raising children, Phil McGraw, via statement.
With this show, we have helped
thousands of guests and millions
of viewers through everything
from addiction and marriage to
mental wellness and raising children, Phil McGraw, via statement.
Steve LoCascio, the president of CBS Media Ventures, said in a statement that McGraw's transition will keep him in the CBS network. .
Steve LoCascio, the president of CBS Media Ventures, said in a statement that McGraw's transition will keep him in the CBS network. .
While his show may be ending
after 21 years, I’m happy to say
our relationship is not, Steve LoCascio, President of CBS Media Ventures, via NBC.
NBC reports that following the final season,
CBS plans to continue airing reruns of 'Dr. Phil,'
potentially with newly-recorded intros.
We plan to be in the ‘Dr. Phil’ business
with the library for years to come
and welcome opportunities to
work together in the future, Steve LoCascio, President of CBS Media Ventures, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Around 200 cars crashed into each other in China on Wednesday morning due to bad weather. One person died in the incident.
#China #Carpileup #Zhengzhou
Covid in China has raised concerns worldwide with many experts predicting millions of cases while some suggesting a million deaths everyday. While it is being speculated that China is widely underreporting the number of cases and death, The Chinese President Xi Jinping on Saturday called the covid situation in the contry a 'tough challenge'.
#CovidInChina #XiJinping #Covid
Russian President Vladimir Putin and Chinese leader Xi Jinping have vowed to deepen their bilateral cooperation against the backdrop of Moscow’s bombardment of its neighbour.
Credit: euronews (in English) Duration: 01:36Published
Chinese President Xi Jinping for the first time commented in public about the sudden surge in the covid-19 in his country. Xi said the country should launch a patriotic health campaign for the defense of the common people.
#XiJinping #CovidinChina #ChinaCovid
A rare snowfall blanketing the Taklimakan Desert of Xinjiang Uygur Autonomous Region in northwest China has created stunning and picturesque winter scenes, wowing local residents and visitors
Credit: euronews (in English) Duration: 01:00Published
Covid-19 cases in China might spike again as the country has relaxed its controversial Zero-Covid policy after a massive protest by the people.
#ChinaCovid-19 #ZeroCovidpolicy #CovidspikeinChina
After weeks of widespread protests, China’s government announced it will roll back some of its strict COVID-19 restrictions and lockdown policies. NBC’s Janis Mackey Frayer reports for TODAY.
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