Just six months after tokyo. Fellow democrats wanted him out, even President Biden said he should go now, finally, the governor of new York State, Andrew Cuomo, has quit his office a full week after the State Attorney Generalfound him guilty of sexually harrassing 11 women. Its a humiliating outcome for one of the most high profile politicalfigures in the democratic party. But as he announced his departure, Mr Cuomo also denied any intentional misconduct, and said he was gearing up to fight the allegations. Nada tawfik has this report. Cuomo s going down. Once a New York hero, today a target of ridicule. Andrew cuomo s fall from grace has been dramatic. For months, the governor sought to stay in office after allegations of sexual harassment. But today, with impeachment looming, he announced he would step aside. I think that, given the circumstances, the best way i can help now is if i step aside and let government get back to governing. And therefore, thats what ill do. His fate was se
(Bloomberg) China should relax its control over the yuan as the current focus on keeping the currency stable has limited the scope for possible monetary stimulus, two former officials said this week.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlySlovak Premier Fighting for Life After Assassination AttemptXi Tells Putin China-Russia Ties Should Last ‘Generations’US Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buyin
Overcapacity allegation debunked chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
In an official communique, China’s Politburo said ‘patient capital’ is expected to pitch in as the country moves towards a tech-driven growth model, showing a much-needed focus on the long term, analysts say.
China’s yuan has lost more value against the US dollar as interest rate cuts have yet to materialise, leading exporters to find whatever alternative assets they can until exchange differentials subside.