The Trump administration begins hearings on its China tariffs. Up to 370 representatives of US companies are expected to testify on the toll that an additional $200 billion worth of tariffs on Chinese goods would take on business. Levies on $34 billion of imports from China went into effect in early July.
Venezuela knocks zeroes off its banknotes. The new currency, known as the sovereign bolivar, will be anchored to Venezuela’s cryptocurrency, the petro. That implies a devaluation of more than 90%, and comes amid desperate moves to shore up the country’s shattered economy, including a 3,000% minimum-wage hike.
Reported By Zabs
China’s ballooning surveillance spending. Imagine a police officer with the ability to instantly analyze all the contacts, photos, emails, and social media posts on your phone. Cate Cadell reports for Reuters on the “black tech” being deployed by law enforcement across China, which has spent nearly $20 million on surveillance equipment since the start of 2016.
Dogs are a woman’s best friend. When Leah Fessler began caring for an adorable but accident-prone pug, she realized why powerful women are often also dog-parents: Pups insist that women (and men) connect to the parts of themselves that, as Fessler writes, “a sexist society is often determined to strip away
Former UN Chief and Nobel Peace Laureate Kofi Annan passed away at the age of 80 on Saturday . A diplomat source said that Annan died in a Swiss hospital, and his wife Mrs Annan and their children Ama, Kojo and Nina were by his side during his last days.
UN Secretary General Kofi Annan May his soul rest in perfect peace .
Reported by ZABS .
They say teenagers don’t use Facebook. That’s mostly true. But research shows the platform is still popular among low-income teens in the US. Hanna Kozlowska looks at how Facebook—born out of privilege—is now being used by underprivileged kids to fill gaps when other resources are unavailable.
The world’s biggest pork supplier raced to contain a swine-fever outbreak. China ordered WH Group to shut one of its main slaughterhouses after a second outbreak of African Swine Fever in two weeks. Unlike swine flu, African Swine Fever doesn’t affect humans.