U.S. Fed to maintain ultra-loose policy as economic recovery far from complete

Economists at Wells Fargo Securities believed that the U.S. labor market would need to "strengthen significantly" before the Fed starts to publicly contemplate a tapering of asset purchases.

Continue ReadingU.S. Fed to maintain ultra-loose policy as economic recovery far from complete

U.S. Fed chief says “not time yet” for tapering talk despite strengthening recovery

The Fed acknowledged that the ongoing public health crisis "continues to weigh" on the economy, and risks to the economic outlook "remain," though indicators of economic activity and employment "have strengthened."

Continue ReadingU.S. Fed chief says “not time yet” for tapering talk despite strengthening recovery

Single dose of COVID-19 vaccine can cut transmission by up to half: UK study

Those who were infected at least three weeks later were between 38 percent and 49 percent less likely to pass the virus on to people living in the same household, compared with those who had not been vaccinated, according to the study.

Continue ReadingSingle dose of COVID-19 vaccine can cut transmission by up to half: UK study

China urges Japan to revoke wastewater dump decision and apologize

China's Foreign Ministry Spokesperson Zhao Lijian on Wednesday called on the Japanese government to revoke its decision to dump nuclear polluted water into the ocean and apologize, in response to a question regarding a tweet he posted on Monday.

Continue ReadingChina urges Japan to revoke wastewater dump decision and apologize

IAEA to invite Chinese experts over Fukushima wastewater disposal: FM spokesperson

Experts from China will be invited to be part of an International Atomic Energy Agency (IAEA) technical working group pertaining to Japan's disposal of nuclear wastewater, a Chinese Foreign Ministry spokesperson said Monday.

Continue ReadingIAEA to invite Chinese experts over Fukushima wastewater disposal: FM spokesperson

CPC plays key role in China’s social, economic development, says senior Venezuelan party official

The Communist Party of China (CPC) has been fundamental for the social and economic development achieved by China over the past decades, Adan Chavez, vice president of the United Socialist Party of Venezuela (PSUV), has said.

Continue ReadingCPC plays key role in China’s social, economic development, says senior Venezuelan party official