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BBCNEWS Verified July 2, 2024



in the country s faltering property sector. that means that china s credit rating is at risk of a downgrade. the government in beijing is rumoured to be considering providing more financial support for property developers including evergrande and country garden which are both billions of dollars in debt. earlier i spoke to janet mui, head of market analysis at rbc brewin dolphin. i asked her whether this suggests things are getting worse for the world s second largest economy? this is a reminder of what investors already know which is a slowing economy and a downturn in the property sector, and the government is going back to the old way, they want to reduce debt in this estimate but it is proving to be very difficult, so the stimulus measures are what is worrying moody s. they think it will raise the debt level in the economy. so, it isjust a reminder. it does not change too much what investors already think about china. a lot of people said beijing should have don ....

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Following strike, court interpreters on track to win raise — and other labor news

Take a seat in the Break Room, our weekly round-up of labor news in Minnesota and beyond. This week: Court interpreters likely to win raise; Uber and Lyft update; lawmakers vote to eliminate subminimum wage for disabled workers; 9th Minnesota Starbucks unionizes; Tennessee VW workers vote on unionizing; and Florida bans local heat protections for […] The post Following strike, court interpreters on track to win raise — and other labor news appeared first on Minnesota Reformer. ....

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