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China-Russia: A Strategic Partnership Short on Strategy


China-Russia: A Strategic Partnership Short on Strategy
The most recent Putin-Xi summit inadvertently showcased the lack of positive agenda items underpinning the two nations’ relationship.
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June 30, 2021
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The recent bilateral summit between presidents Joe Biden and Vladimir Putin has launched a geopolitical summit craze. On June 24, German Chancellor Angela Merkel and French President Emmanuel Macron launched a spectacularly ill-conceived effort to secure an EU-Russia summit that immediately fell apart. The next day, China’s Ministry of Foreign Affairs announced a video conference between Putin and Xi Jinping scheduled for June 28. The question was what, exactly, they intended to talk about and whether there are any significant bilateral initiatives to announce or else be discerned in motion. ....

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The economic threats that could derail the Democrats' election dreams


The economic threats that could derail the Democrats election dreams
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Can Joe Biden reimagine and rebuild the American economy in just 550 days? Because that s how long it is until the 2022 midterm elections. And history suggests a good chance Democrats will lose their narrow control of Congress, most likely by losing the House. Then gridlock resumes. It s doubtful that Republicans will have much interest in helping Biden further become a transformational president by passing more wish-list items from the progressive agenda.
Democrats surely understand the clock is ticking. But they also have to be hoping that the extraordinary power of the emerging economic boom might make the 2022 midterms an exception to the political pattern. Moody s Analytics, for example, recently revised its 2021 real GDP growth outlook to nearly 7 percent and to over 5 percent next year. If we are right, chief ....

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Why Uber and Lyft's stock plummeted.


Stocks in gig-economy companies such as Uber, Lyft, and DoorDash plummeted on Thursday after Labor Secretary Marty Walsh said many workers in the sector were mistakenly classified as contractors. “We are looking at it but in a lot of cases gig workers should be classified as employees,” Walsh told Reuters in an interview.
With that, Walsh steps into the decade-long controversy over the treatment of the independent contractors who make up much of the workforce behind the on-demand economy, and whose poor treatment continues to inspire protests. Reuters framed his comments as a sign that the Biden administration might take a more proactive approach toward regulating these companies. ....

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Big Dems want Biden to make big pivot

Big Dems want Biden to make big pivot
politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.

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