Xinhua
21 Jul 2020, 11:14 GMT+10
BRUSSELS -- Leaders of the European Union (EU) reached a landmark deal on Tuesday after four days of intensive negotiations over a budget for the next seven years and a massive recovery fund amid the COVID-19 pandemic.
An unprecedented 1.82 trillion euro (about 2.1 trillion U.S. dollars) deal was finally announced to confront the worst recession in the EU's history. (EU-Summit-COVID-19)
- - - -
WASHINGTON -- Mayors of several U.S. cities including Portland and Chicago signed a letter on Monday, urging the federal government to immediately withdraw its forces and halt their "unilateral deployment" to cities.
In the letter published on Twitter, Ted Wheeler, mayor of Portland, northwestern state of Oregon, along with his five counterparts in Chicago, Seattle, Atlanta, Washington, D.C. and Kansas City, said unilateral federal intervention is unacceptable and "violates fundamental constitutional protections and tenets of federalism." (US-Mayor-Federal Forces)
- - - -
RIO DE JANEIRO -- The New Development Bank (NDB) will lend Brazil 1 billion U.S. dollars to neutralize the economic impact of the COVID-19 pandemic, bringing total loans to Brazil to 4 billion dollars, the institution said on Monday.
The funds will be given to the Brazilian government's emergency aid payment program, designed to help millions of low-income people. (Brazil-BRICS-Loan)
- - - -
LONDON -- China voiced on Monday strong condemnation and firm opposition after the United Kingdom (UK) decided to suspend the extradition treaty with the Hong Kong Special Administrative Region (HKSAR) immediately and indefinitely and extend the arms embargo to the HKSAR.
A spokesperson for the Chinese Embassy in London said that recently the kingdom has repeatedly made wrong remarks on the national security law for the HKSAR to interfere in China's internal affairs. (UK-China-Hong Kong)
Get a daily dose of China National News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.
More InformationFRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...
SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...
SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
Nearly three months after a devastating earthquake struck Myanmar, the country remains trapped in a deepening crisis, compounded by...
MELBOURNE, Australia: A second embryo mix-up in just two months has pushed one of Australia's largest IVF providers back into the spotlight,...