China’s economic recovery is notable, some analysts say, after suffering serious pandemic-driven setbacks for the majority of last year. By most accounts, China’s economic numbers at the start of its lunar new year in early February was more significant than those put out by governments in other developed countries. “China’s policy to control the pandemic was very strict. Also, the capillarity of the Communist Party made the implementation of these strict measures easier than in other parts of the world,” Lourdes Casanova, director of Cornell’s Emerging Markets Institute, told VOA. The situation has been different in many democratic countries that found it difficult to use harsh measures to control the spread of the disease and impose lockdown as a tool to enforce social distancing. China’s gross domestic product expanded by 6.5% in the fourth quarter of 2020. The economy grew 2.3% in 2020, according to Chinese government data. The turnaround has surprised economists because … [Read more...] about China Posts Impressive Economic Recovery, but Can Growth Continue?
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The newest pledges by countries to cut greenhouse gas emissions are falling far short of what’s needed to limit global warming to what the Paris climate accord seeks, a new United Nations report finds. So the U.N.’s climate chief is telling nations to go back and try harder. Most countries — especially top carbon polluters China, United States and India — missed the Dec. 31 deadline for submitting official emission-cutting targets for November’s climate negotiations in Scotland. Friday’s report provides an incomplete snapshot of the world’s efforts: The world’s pledges so far are only enough to reduce global carbon dioxide emissions to less than 1% below 2010 levels by 2030. The world has to cut carbon pollution 45% below 2010 levels to achieve the more stringent official Paris goal of limiting future warming to another half a degree (0.3 degrees Celsius) from now, U.N. officials said. “We are very, very far from where we need to be,” U.N. climate chief Patricia Espinosa … [Read more...] about UN: Carbon-cutting pledges by countries nowhere near enough
For more than 50 years, members of the scientific community and environmental movement have made climate change predictions that ultimately turned out to be incorrect. Many of these predictions have been embraced by prominent Democrats over the years. President Joe Biden’s climate czar John Kerry is the latest Democrat to promote predictions of impending global disaster. He said during an appearance last week on “CBS This Morning” that the world only has nine years left to avert a climate catastrophe. Today, the U.S. officially rejoins the Paris Climate Accord. America is the second largest emitter behind China of greenhouse gases that are warming the planet. @BensTracy spoke exclusively with former Sec. of State @JohnKerry , who is now the Biden admin’s @ClimateEnvoy . pic.twitter.com/axnOvMOLp6 — CBS This Morning (@CBSThisMorning) February 19, 2021 That number was based on a 2018 projection that global temperature increases would become irreversible by … [Read more...] about Democrats Keep Getting Their Climate Change Doomsday Predictions Wrong
( CBS Detroit ) — A third stimulus check, worth $1,400, is currently progressing through Congress as part of the Biden administration’s $1.9 trillion relief package. The American Rescue Plan also features increased unemployment benefits, a higher child tax credit and a $15 minimum wage, as well as billions more dollars to stop the spread of COVID-19. These and other programs are meant to aid millions of Americans facing financial hardship brought on by the pandemic and support the economy as vaccinations continue. How the bill evolves in the coming days will determine how much money actually reaches the public. President Biden and politicians from both parties support giving Americans another stimulus check. And they support doing it quickly. However, Republicans have pushed back against the overall price tag and other specific aspects of the plan, like the minimum wage hike. Democrats control both houses of Congress and are willing to pass stimulus legislation on a straight … [Read more...] about Stimulus Check Latest: Will Your Next Relief Payment Be $1,400?
ORLANDO, Florida — American Conservative Union (ACU) chairman Matt Schlapp told Breitbart News exclusively that his organization’s decision to move its landmark conservative gathering, the Conservative Political Action Conference (CPAC), to Florida this year may be a more permanent relocation after all. CPAC begins Friday in Orlando, Florida, and for the first time in the historic conference’s decades-long history, it will not be in Washington, DC, or the D.C. area. Presidents from Ronald Reagan through Donald Trump and conservative luminaries of all stripes from senators to governors to U.S. House members to cabinet members and more have graced the stages of CPAC over the decades many times, so the move — due to the coronavirus pandemic — is a big one. The fact that it may be permanent — a huge loss for the D.C. area revenue-wise as the conference regularly brings in tens of thousands of travelers for several days — is even bigger as just days from now, former President Donald … [Read more...] about Exclusive— CPAC Sunshine Edition: ACU Chair Matt Schlapp Says Mega Conservative Conference Considering Permanent Move to Florida