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United States

US States Loosen Lockdowns as Virus Drug Approved

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US States Loosen Lockdowns As Virus Drug Approved

TEHRAN (Tasnim) – More US states eased pandemic lockdown measures on Friday even as coronavirus deaths rose, while American authorities green-lighted an experimental drug for emergency use on patients.

Washington also renewed its warnings to Beijing a day after President Donald Trump threatened to slap tariffs on China, with the White House accusing Chinese authorities of “slow-walking” coronavirus data and putting US lives at risk.India meanwhile announced that the world’s biggest lockdown – on most of the nation’s 1.3 billion people – would continue for two more weeks.

But several European countries have begun to ease restrictions that have shut in half the world, joining some Asian nations that feel they have already turned a corner.The United States also took a major step in that direction, with Texas becoming the largest state yet to ease lockdowns, despite reporting 50 deaths on Thursday, the most there since the outbreak began.

Receptionist Diane Curtis headed to a mall in Houston to buy shoes and “get out of the house.””Eventually it’s like every other sickness that comes around,” she said of coronavirus. “It’ll go away but it’ll probably take time.”

With about 1.1 million confirmed cases, nearly 65,000 of them fatal, the United States has the highest toll of any country.

“Hopefully, we’re going to come in below that 100,000 lives lost, which is a horrible number nevertheless,” Trump said Friday at the White House, after suggesting earlier in the week the country could expect 60,000 or 70,000 fatalities.Many Americans are wearying of stay-at-home orders. More protests demanding the end of restrictions took place in several states Friday including California, where officials had re-closed beaches to avoid a repeat of last weekend when crowds flocked to the shoreline.

Trump, eager for a turnaround, announced Friday that US regulators have authorized the use of remdesivir to treat serious virus cases. A major clinical trial found that the antiviral helped patients with serious cases of COVID-19 recover faster.Meanwhile, the White House again pointed fingers at Beijing.”It’s no secret that China mishandled this situation,” press secretary Kayleigh McEnany said, highlighting what she described as Beijing’s failure to quickly share the virus’s genetic sequence or information on human-to-human transmission.

“Slow-walking some of that information put American lives at risk,” McEnany said.Scientists believe the killer virus jumped from animals to humans, emerging in China late last year possibly from a market in Wuhan selling exotic animals for meat.

The World Health Organization has asked to be allowed to take part in a Chinese investigation into the animal origins of the pandemic, WHO spokesman Tarik Jasarevic said Friday, adding that the global agency was “not currently involved in the studies in China” but would be “keen” to participate.

Washington’s sharp rhetoric, including Trump’s unproven allegation Thursday that the virus might have come from a Chinese lab in Wuhan – an accusation rejected by Beijing – and threats of more U.S. trade tariffs sent stocks in London and New York tumbling.

The FTSE shed 1.7 percent while the Dow Jones Industrial Average slid more than 2.5 percent.

Tech giants Apple and Amazon became the latest firms to announce worrying results as corporations around the world shed staff and slashed profit forecasts.The economic mood darkened further with the release of a manufacturing survey that pointed to a historic decline in US…

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China

China expands its economic reach into the United States’ backyard

While China’s presence in the region has grown substantially in the past decade, it is unlikely that China will replace the United States as the dominant political, economic and military power in Latin America for the foreseeable future.

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In early March 2023, General Laura Richardson, head of the United States Southern Command, told a US congressional hearing that Chinese actions in South America posed a threat to US safety.

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China

East Asian economies resist decoupling

Quantifying the effect of supply chain decoupling is difficult. Trade controls, particularly export controls over high-tech products, became a major policy tool for decoupling in the United States and for some US allies, including Japan.

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Media on global trade frequently puts forward the narrative that the US–China confrontation will divide the world in two. But East Asian developing economies have a different view of supply chain decoupling since US–China merchandise exports and imports hit a record high in 2022 and East Asian production networks continue to move actively.

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United States

China does not want war, at least not yet. It’s playing the long game

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Talk of war has become louder in recent days, but the “drumbeat” has been heard for some time now as China’s military capabilities have grown.

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