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July 3, 2022 2:30 am

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Mace wins South Carolina congressional primary over Trump-backed opponent


2022-06-15T03:24:24Z

U.S. Representative Nancy Mace (R-SC) talks to reporters after a vote to hold longtime Donald Trump ally Steve Bannon in contempt of Congress at the U.S. Capitol in Washington, U.S., October 21, 2021. REUTERS/Elizabeth Frantz

U.S. Representative Nancy Mace won the Republican nomination for a South Carolina congressional seat, Edison Research projected on Tuesday, beating out opponent Katie Arrington who was backed by former President Donald Trump.

Mace has been one of Trump’s top targets since she voted to certify the 2020 election results making Joe Biden’s presidential victory official. She will face a Democratic opponent in the Nov. 8 midterm election, though analysts view the seat as safely Republican.

“We didn’t pull it off tonight,” Arrington was quoted as saying to her supporters by local media after she conceded to Mace.



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China“s factories perk up, but weak consumption points to slow economic recovery


2022-06-15T03:36:10Z

A view shows cranes in front of the skyline of the Central Business District (CBD) in Beijing, China, October 18, 2021. REUTERS/Thomas Peter

China’s economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly, but consumption was still weak and underlined the challenge for policymakers amid the persistent drag from strict COVID curbs.

The data, however, provides a path to revitalise growth in the world’s second-biggest economy after businesses and consumers were hit hard due to full or partial lockdowns in dozens of cities in March and April, including a protracted shutdown in commercial centre Shanghai.

Industrial output grew 0.7% in May from a year earlier, after falling 2.9% in April, data from the National Bureau of Statistics (NBS) showed on Wednesday. That compared with a 0.7% drop expected by analysts in a Reuters poll.

The uptick in the industrial sector was underpinned by the easing of COVID curbs and strong global demand. China’s exports grew at a double-digit pace in May, shattering expectations, as factories restarted and logistics snags eased. read more

The mining sector led the way with output up 7.0% in May from a year ago, while that in the manufacturing industry eked out a meagre 0.1% growth, mostly driven by the production of new energy vehicles which surged 108.3% year-on-year.

“Overall, our country’s economy overcame the adverse impact from COVID (in May)and was showing a recovery momentum”, Fu Linghui, a spokesman at NBS, told a press conference, adding that he expects the revival to improve further in June due to policy support.

“However, the international environment is still complex and severe, with greater uncertainties from outside. Our domestic recovery is still at its initial stage with the growth of key indicators at low levels. The foundations for recovery are yet to be consolidated.”

That caution was underscored in consumption data, which remained weak as shoppers were confined to their homes in Shanghai and other cities. Retail sales slipped another 6.7% in May from a year earlier, on top of a 11.1% contraction the previous month.

They were slightly better than the forecast of a 7.1% fall due to the increased spending on basic goods such as grains, oils and food and beverages. [nL4N2XP0RY]

Industry data showed China sold 1.37 million passenger cars last month, down 17.3% from a year earlier, narrowing the decline of 35.7% in April. read more

Fixed asset investment, a key indicator tracked policymakers looking to prop up the economy, rose 6.2% in the first five months, compared with an expected 6.0% rise and a 6.8% gain in the first four months.

China’s property sales fell at a slower pace in May, separate official data showed on Wednesday, supported by a slew of easing policy steps to boost demand amid the tight COVID-19 curbs.

The government has been accelerating infrastructure spending to boost investment. China’s cabinet has also announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy. read more

The nationwide survey-based jobless rate fell to 5.9% in May from 6.1% in April, still above the government’s 2022 target of below 5.5%. In particular, the surveyed jobless rate in 31 major cities picked up to 6.9%, the highest on record.

Some economists expect employment to worsen before it gets better, with a record number of graduates entering the workforce in summer.

China has set an annual economic growth target of around 5.5% this year but many economists believe that is increasingly out of reach.

Chinese banks extended 1.89 trillion yuan ($280.62 billion)in new loans in May, nearly tripling April’s tally and beating expectations. But 38% of the new monthly loans were in the form of short-term bill financing, suggesting real credit demand still remains weak.

The central bank on Wednesday kept medium-term policy rate unchanged for a fifth straight month, matching market expectations.

While the world’s biggest manufacturer reported better-than-expected export growth in May, the subdued external demand due to the Ukraine war and robust production recovery of Southeast Asian nations threaten the country’s trade outlook. read more

Fears of fresh lockdowns also loom large under China’s zero-COVID policy.

One week after the reopening of Shanghai, the local government ordered 15 of the city’s 16 districts to undertake mass testing to contain a jump in cases tied to a hair salon.

Authorities in Beijing warned on Tuesday that the city of 22 million was in a “race against time” to get to grips with its most serious outbreak since the pandemic began. read more

Any potential lockdown and supply chain disruption risks amid future COVID outbreaks may constrain the rebound of the economy as Beijing has shown no sign of easing its zero-COVID policy, analysts say.

($1 = 6.7350 Chinese yuan)


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Russia-Ukraine live updates | Group of NATO leaders pledge support for Ukraine – The Hindu


Russia-Ukraine live updates | Group of NATO leaders pledge support for Ukraine  The Hindu

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Pope Francis again suggests NATO may have provoked Russian war in Ukraine – UPI News


Pope Francis again suggests NATO may have provoked Russian war in Ukraine  UPI News

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Report: US defense contractor in talks to take over Israeli NSO Group


US defense contractor L3Harris is in talks to take over NSO Group”s surveillance technology, in a possible deal that would give an American company control over one of the world”s most sophisticated and controversial hacking tools, The Guardian reported on Tuesday.

Multiple sources quoted in the report confirmed that discussions were centered on a sale of the Israeli company”s core technology – or code – as well as a possible transfer of NSO personnel to L3Harris. However, any agreement still faces significant hurdles, including requiring the blessing of the US and Israeli governments, which have not yet given the green light to a deal.

A senior White House official said in response, “Such a transaction, if it were to take place, raises serious counterintelligence and security concerns for the US government.”

Asked to comment on the talks, an L3Harris spokesperson said, “We are aware of the capability and we are constantly evaluating our customers” national security needs. At this point, anything beyond that is speculation.”

The White House said that it had not been involved in “any way in this reported potential transaction”.

The senior White House official also said the US government “opposes efforts by foreign companies to circumvent US export control measures or sanctions, including placement on the US Department of Commerce”s Entity List for malicious cyber activity”.

One person familiar with the talks said that if a deal were agreed, it would probably involve selling NSO”s capabilities to a drastically curtailed customer base that would include the US government, the UK, Australia, New Zealand and Canada – which comprise the “five eyes” intelligence alliance – as well as some NATO allies.

Any deal would also face hurdles in Israel. One assumption in the Israeli cyber industry is that it would have to keep oversight of the Israeli-made technology in Israel, and keep all development of Pegasus and personnel in Israel.

NSO is regulated by the Israeli Ministry of Defense, noted The Guardian, which has had ultimate say over the company”s government clients.

NSO”s Pegasus software has been linked to abuses by governments.

In February, the Finnish foreign ministry said it had detected Pegasus in several phones used by its diplomats abroad.

The Finnish announcement followed a report in The New York Times which said that former Prime Minister Benjamin Netanyahu worked to ensure that Saudi Arabia would be able to use the Pegasus software, around the time that the Abraham Accords were signed with the United Arab Emirates (UAE).

More recently, Canada’s Citizen Lab group said that at least 65 people linked to the Catalan separatist movement had been targets of the Pegasus spyware after a failed independence bid in 2017.

The US Commerce Department recently blacklisted NSO Group, prohibiting it from using American technology in its operations.

Apple sued the Israeli firm in late November, seeking a permanent injunction to ban NSO Group from using Apple software, services, or devices.


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“latino” – Google News: Video Grassroots GOP campaign in Uvalde targets Latino voters – ABC News


Video Grassroots GOP campaign in Uvalde targets Latino voters  ABC News

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Puerto Rico Topics and Daily News Review from Michael_Novakhov (11 sites): “New Energy PR” – Google News: Minimum wage announcement live: Fair Work Commission to hand down decision after Albanese government submission – ABC News


Minimum wage announcement live: Fair Work Commission to hand down decision after Albanese government submission  ABC News

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7025489 Puerto Rico Topics and Daily News Review from Michael_Novakhov (11 sites)


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“latino” – Google News: Father of the Bride: Latino Vibes Turn Remake Into an Original – TheWrap


Father of the Bride: Latino Vibes Turn Remake Into an Original  TheWrap

2643693 “latino” – Google News


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The Puerto Rico Times: Alerta de Google: fbi san juan: ¡Terror en Chiapas! Hombres armados toman calles en San Cristóbal de las Casas (VIDEO) – Debate


En la vía que conduce de San Cristóbal de las Casas a San Juan Chamula, los hombres con armas de fuego realizaron varias detonaciones, lo que hizo que …

7085747 Alerta de Google: fbi san juan

The post Alerta de Google: fbi san juan: ¡Terror en Chiapas! Hombres armados toman calles en San Cristóbal de las Casas (VIDEO) – Debate first appeared on The Puerto Rico Times.

7233041 The Puerto Rico Times


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