America’s Middle Class Gets Hit With Office Jobs Disappearing
“The new year arrived with a new job for Tyler Simon, who had high hopes for 2020. They didn’t last long. “Once Covid-19 hit, things went from bad to worse really quick,” said Simon, a father of two in Summerfield, North Carolina. A marketing specialist with a sales-training company, Simon lost his job along with several colleagues on April 7 -– less than two weeks into a state-wide lockdown to counter the pandemic. He says many who survived the firm’s layoffs saw their pay cut by 10%.”
China’s Coronavirus Diplomacy Has Finally Pushed Europe Too Far
“With a series of high-level summits culminating in a visit to Germany in the fall by President Xi Jinping, this was supposed to be the year of Europe-China diplomacy. Instead, Europeans are warning of a damaging rift. Diplomats talk of mounting anger over China’s behavior during the coronavirus pandemic including claims of price gouging by Chinese suppliers of medical equipment and a blindness to how its actions are perceived. The upshot is that Beijing’s handling of the crisis has eroded trust just when it had a chance to demonstrate global leadership.”
Chinese Ambassador to U.S. Urges ‘Serious Rethinking’ of Ties
“The Chinese ambassador to the U.S. called for a “serious rethinking” of relations between the world’s biggest economies in the face of the global coronavirus pandemic. “I think I should be hoping for more than just a pause in tensions, but really a serious rethinking of the very foundations of this important relationship,” Cui Tiankai said in response to a question on U.S.-China ties during a Bloomberg New Economy webcast on Tuesday.”
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