Australian (ASX) Stock Market Forum

****ASF Breaking News****

Dozens more children hospitalized in New York with rare symptoms that could be linked to coronavirus
https://edition.cnn.com/2020/05/07/health/new-york-children-coronavirus-kawasaki/index.html

In an advisory to health care providers, state officials said 64 children in New York have been hospitalized with a condition doctors described as "pediatric multisystem inflammatory syndrome."


Some of the children had persistent fever, toxic shock syndrome and features similar to Kawasaki disease, the state health advisory said.
Symptoms include a high temperature lasting over five days along with a rash, swollen neck glands, dry cracked lips, swelling of the hands and feet, and redness in both eyes.

Kawasaki disease causes inflammation in the walls of the arteries and can limit blood flow to the heart. While it's usually treatable and most children recover without serious problems, it can also be deadly. It mainly affects children under age 5.

In the UK, pediatric specialists recently warned that a small number of children was becoming ill with the rare syndrome that could be linked to coronavirus. Experts there said abdominal pain, gastrointestinal symptoms and cardiac inflammation are common in those cases.



 
French news yesterday: covid present in France 16th november 2019
Le chef du département d'imagerie médicale de l'hôpital Albert Schweitzer de Colmar, le Docteur Michel Schmitt, soupçonne un premier cas de Covid-19 dès le 16 novembre 2019, rapporte France Bleu Alsace jeudi 7 mai. Pour l'instant, un habitant de Seine-Saint-Denis, malade en décembre, est considéré, à l'heure actuelle, comme le "patient zéro" en France.
 
Was
Le chef du département d'imagerie médicale de l'hôpital Albert Schweitzer de Colmar, le Docteur Michel Schmitt, soupçonne un premier cas de Covid-19 dès le 16 novembre 2019, rapporte France Bleu Alsace jeudi 7 mai. Pour l'instant, un habitant de Seine-Saint-Denis, malade en décembre, est considéré, à l'heure actuelle, comme le "patient zéro" en France.
Reported on France2, french government main tv station so usually quite official/verified info.this could have soarked the initial cluster in the north east of France
 
RT's parent company is TV-Novosti, a Russian state-owned organization. "t is almost entirely funded by the state budget, with the exact figure ranging annually between 99.5% and 99.9%."

The previous post .... owners of RT news.
Basically Russia propaganda central.
 
RT's parent company is TV-Novosti, a Russian state-owned organization. "t is almost entirely funded by the state budget, with the exact figure ranging annually between 99.5% and 99.9%."

The previous post .... owners of RT news.
Basically Russia propaganda central.

How about a perspective on the issue from another source ?

Briefing
The US and China are on the brink of a new Cold War that could devastate the global economy
  • The US and China have entered the beginnings of a new Cold War in the coronavirus era, experts say.
  • “We’re essentially in the beginnings of a Cold War,” the director of the Centre on US-China Relations at the Asia Society told Insider, warning of “grave” consequences for the global economy.
  • “For the international system as a whole, a Cold War would be devastating,” the director for Asia studies at the Council on Foreign Relations told Insider, adding that it could “force countries to choose a side.”
  • Visit Business Insider’s homepage for more stories.
https://www.businessinsider.com.au/...ew-cold-war-amid-coronavirus-2020-5?r=US&IR=T
 
How about a perspective on the issue from another source ?

Briefing
The US and China are on the brink of a new Cold War that could devastate the global economy



    • The US and China have entered the beginnings of a new Cold War in the coronavirus era, experts say.
    • “For the international system as a whole, a Cold War would be devastating,” the director for Asia studies at the Council on Foreign Relations told Insider, adding that it could “force countries to choose a side.”
https://www.businessinsider.com.au/...ew-cold-war-amid-coronavirus-2020-5?r=US&IR=T
The biggest devestation, will be to the big multinationals, one would expect China to nationalised the industries based in China. The flow down effect would be huge, but it certainly will re write our future, if it escalates.
Interesting times ahead IMO.
 
https://www.news.com.au/entertainme...s/news-story/33ed26dfb7bf09bc333620cb27cc0c3e
Shaking my head in disgust, and dispair for this poor country
So in summary, donations will end up in state government coffers which will save more on their pitiful already financing of RFS, to lawyers for that challenge lost.
And how do you reach that conclusion?

Celebrities should stick to their comedy routines. The money went into a trust, and maybe she should have thought about the implications before jumping in.
 
https://www.news.com.au/entertainme...s/news-story/33ed26dfb7bf09bc333620cb27cc0c3e
Shaking my head in disgust, and dispair for this poor country
So in summary, donations will end up in state government coffers which will save more on their pitiful already financing of RFS, to lawyers for that challenge lost.

Now that the ruling has been handed down I think the NSW Govt should look at ways to resolve this.

Perhaps they say "OK use the funds for RFS, an equal of money we were going to put into RFS will be redirected to charities in lieu"

Works for me or is that too simple ?
 
Now that the ruling has been handed down I think the NSW Govt should look at ways to resolve this.

Perhaps they say "OK use the funds for RFS, an equal of money we were going to put into RFS will be redirected to charities in lieu"

Works for me or is that too simple ?
Would definitively work but assumes our representatives are not crook, unless enough PR is pushed to force their hands they will happily swallow the extra funding for some nice pork barrelling in various electorate..irrespective of the party involved
 
Will President Trump Stand With Hong Kong?
Https://www.nytimes.com/2020/05/27/opinion/china-hong-kong-law-protests.html

Mr. Pompeo's announcement clears the way for lifting Hong Kong's special privileges, but Beijing seems prepared for this, and it would also hurt the people of Hong Kong and the many American and other foreign businesses active there. Sanctions against China are another option, but the U.S.-China tariff war launched by Mr. Trump in 2018 has already hurt the American economy, and the Covid-19 pandemic would probably make Washington even less keen to get into a new tit-for-tat tussle with China.
---
Economy of Hong Kong
Https://en.wikipedia.org/wiki/Economy_of_Hong_Kong
===

[The danger for Hong Kong is that both mainland China and the United States will leave Hong Kong to suffer from the American tariffs. That may then mean the USA will not put more tariffs on China.
From China's point of view Hong Kong will become part of China in business terms and strengthen Shanghai's Stock Exchange and weaken the financial strength of Hong Kong to China's advantage.]

Shanghai Stock Exchange Mulls First Revamp of Benchmark in 30 Years
28 May 2020
Https://www.caixinglobal.com/2020-05-28/shanghai-stock-exchange-mulls-first-revamp-of-benchmark-in-30-years-101559860.html
 
Australian sentenced to death in China smuggling meth in checked flight luggage

A Chinese court has sentenced an Australian citizen to death for drug smuggling.

According to its website, the Guangzhou Intermediate People's Court said their sentence was delivered on June 10.

The ABC understands they were arrested at Guangzhou Baiyun Airport, north-west of Hong Kong, in December 2013 with more than 7.5 kilograms of methamphetamine in his checked luggage.

The ABC has contacted the Department of Foreign Affairs and the Guangzhou Intermediate People's Court for comment.

More to come.

https://www.abc.net.au/news/2020-06...to-death-in-china-for-drug-smuggling/12352374
 
The ABC, gets the chance to run a story on themselves, for once.:roflmao:

https://www.smh.com.au/politics/fed...underpaying-1900-workers-20200619-p55469.html
The ABC has made the largest apology payment of any business to date after underpaying 1900 of its workers a total of $12 million.

Fact check that.:xyxthumbs
The ABC needs a massive political and perspective rebalance. For a publicly funded entity, they are just too biased and unbalanced for me to watch and listen to.
Day in and day out, they fill their air time with radical left wingers that represent less than 10% of the population (Greens vote).
 
The ABC needs a massive political and perspective rebalance. For a publicly funded entity, they are just too biased and unbalanced for me to watch and listen to.
Day in and day out, they fill their air time with radical left wingers that represent less than 10% of the population (Greens vote).
Yes, they would be very fast to run a story of an employer underpaying, so it is quite ironic they have been underpaying or should we call it 'wage theft' as the left wing would.:roflmao:
 
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