This translation has been automatically generated and has not been verified for accuracy.Unrest in Hong Kong over Beijing’s proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about the re-opening of the world economy.
Oil prices fell amid U.S.-China tensions and concern over how quickly fuel demand will recover as lockdowns ease. Brent crude futures dropped 1.5%, to $35.62. U.S. West Texas Intermediate crude futures were down 1.6%, at $33.79 a barrel. “You have two elements going in the right direction. You have the end of lockdown going quite well and PMI data showing the ability of economies to recover in the second half of the year is still there,” said Francois Savary, chief investment officer at Swiss wealth manager Prime Partners.
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Asia stocks mixed on uncertainty over Hong Kong security lawAsian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic.
Source: CTVNews - 🏆 1. / 99 Read more »
China’s crackdown on Hong Kong will end its status as a haven for human-rights groupsThose groups are contemplating whether they can continue to exist as China prepares a national security law for Hong Kong that will take aim at what Beijing deems ‘foreign interference’ Yep, will be discussing this with global experts soon We can still have protest and fight for our rights in this few days. But what if the security law is passed, no freedom, democracy, human rights and law in Hong Kong. It will change HK to be a city in China but Hong Kong is not China. HongKongProtests HongKong It has been China’s plan all along to take over Hong Kong. They never live up to their contracts and are bullies of the worst kind.
Source: globeandmail - 🏆 5. / 92 Read more »
Conservatives call on Canada to organize international coalition to protect Hong KongThe Prime Minister did not respond to the call but reiterated the need for a de-escalation of tensions globepolitics 🍵 is served globepolitics Ummm, that didn't work out too well for us in 1941 ! globepolitics Bruh why?
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