Apple (AAPL) lost $200 billion in market value after a two-day sell-off sparked by Chinese officials' plans to ban iPhone usage for government work. The United States' economic resiliency seems to be a divergent narrative when compared to the state of major European economies and China. Lastly, President Biden is set to attend the G20 Summit in India. Yahoo Finance's Brad Smith runs through the three biggest news stories this morning.
You'll be surprised to learn that Dubai has these ten things...Gov. DeSantis and Florida surgeon general warn against new COVID-19 restrictions and vaccine
JACKSONVILLE, Fla. — Florida Gov. Ron DeSantis on Thursday criticized recent efforts across the U.S. to tamp down a recent jump in COVID-19 cases through temporary restrictions or masking, and his state surgeon general warned against getting the latest COVID-19 vaccine, which is expected to be available this month.
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Biden to use G20 summit and Vietnam visit to highlight US as trustworthy alternative to ChinaWASHINGTON (AP) — President Joe Biden wants to show the world at the Group of 20 summit in India and during a stop in Vietnam that the United States and its like-minded allies are better economic and security partners than China. White House officials said Biden, who departed Thursday evening for New Delhi, will use the annual G20 gathering as an opportunity for the U.S. to highlight a proposition for developing and middle-income countries that would increase the lending power of the World Bank
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Biden to focus on World Bank reform, new funding at G20 in New DelhiMarket News
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Analysis-Biden doubles down on emerging markets as Xi snubs G20U.S. President Joe Biden arrives at this weekend's Group of 20 (G20) meeting in India with an offer for the 'Global South': whatever happens to China's economy, the United States can help fund your development. Armed with cash for the World Bank and promises of sustained U.S. engagement, Biden hopes to persuade fast-growing economies in Africa, Latin America and Asia that there is an alternative to China's Belt and Road project, which has funneled billions of dollars to developing countries but left many deeply in debt.
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Analysis-Biden doubles down on emerging markets as Xi snubs G20By Trevor Hunnicutt and Nandita Bose WASHINGTON (Reuters) - U.S. President Joe Biden arrives at this weekend's Group of 20 (G20) meeting in India with ...
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Biden bets on emerging markets as Xi snubs G20Market News
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Divided G20 kicks off in India, with China notably absentNew Delhi has spent $135-million on this weekend’s summit, but any successes are likely to be overshadowed by Ukraine war
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