China Denounces U.S. Xinjiang Labour Bill as Fabricated
China criticizes a U.S. House bill on forced labor in Xinjiang as a lie that slanders human rights and interferes in internal affairs. In parallel, Germany approves a 2021 budget with heavy borrowing to cushion the COVID crisis and Wells Fargo CEO Charles Scharf apologizes for remarks about Black executives. Wisconsin to boost aid for Kenosha businesses after unrest linked to Jacob Blake shooting.
MENTIONED IN THIS ARTICLE
China
U.S. House of Representatives
Xinjiang
Foreign Ministry
Wang Wenbin
United States
West
Wang
Germany
Europe
Wells Fargo
Charles Scharf
Scharf
America
Reuters
Washington
Alexandra Ocasio-Cortez
New York
Kenosha
Jacob Blake
Tony Evers
Wisconsin Economic Development Corporation
Charles Leipzig
Police and Fire Commission
Blake
VW unveils electric SUV in bold mass market bid
Frankfurt VW introduces the ID.4, a battery powered sport utility vehicle aimed at global markets including the United States and China. The model features a flat battery under the cabin floor for interior space and lower center of gravity with rear drive at launch and Chattanooga plant to build it later. It competes with Tesla Model Y and targets a broader shift from internal combustion engines to electric cars amid EU and China regulations.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Volkswagen
United States
China
Europe
Ralf Brandstaetter
U.S
America
Scott Keough
Tesla
Keough
Chattanooga
Tennessee
U.S. Justice Department
Unde
Larry D. Thompson
Martin Winterkorn
European Union
Stefanie Brinley
IHS Markit
German virus app marks 1.2 million test results in 100 days
Germany says the Corona Warn app has transmitted 1.2 million test results to users in its first 100 days. More than 18 million downloads since June. 90 percent of labs can send results directly to users. Privacy rules keep data on devices, not centralized. European gateway talks seek cross border uses in 10 countries.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Europe
Jens Spahn
Spahn
Tim Hoettges
Deutsche Telekom
SAP
European
Italy
Poland
Spain
Gulf States Suffer Economic Pain Amid Pandemic Downgrades
Moody's cuts Kuwait debt rating citing dwindling liquid resources and government gridlock. UAE bank notes a 5.2 percent GDP contraction for the year with a sharp non oil drop of 9.3 percent in Q2, reflecting COVID 19 lockdowns and global disruption. The two oil rich states face liquidity risks and growth challenges as they diversify away from oil.
MENTIONED IN THIS ARTICLE
Dubai
United Arab Emirates
Arab Gulf
Kuwait
Moody’s Investors Service
Moody’s
Uae
International Monetary Fund
Sheikhdoms
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Madison
Wis
The
Associated Press
Frauenkirche
Neumarkt
Dresden
Sebastian Kahnert
DPA