- Joe Biden’s US presidency got officially approved
- Recovery in China strengthened despite Covid-19 Surge Worldwide
- New York is headed towards a second full shutdown
Joe Biden’s US Presidency got Officially Approved
The Electoral College has voted Joe Biden as the Official President, putting an end to the legal battle unleashed by incumbent Donald Trump who has been claiming voter fraud in the presidential elections. The Electoral College registered the presidency of Biden with its votes.
Usually, the Electoral College meeting is simply a formality. It gained international attention, however because of unproven claims of Trump’s widespread voter fraud.
“It is time to turn a new page, unite, recover, as we have done throughout history,” Biden said in a statement in Wilmington after the approval of the presidency.
“The politicians do not take control in the US, the people give them authority,” he added.
Reiterating his call for unity and solidarity to the people of the USA, Biden said that they have an urgent duty to contain the new type of coronavirus epidemic and provide economic aid.
The voting results of the Selection Committee will be discussed for re-approval at the Congressional session chaired by US Vice President Mike Pence on January 6.
“Today’s electoral college votes confirm what we’ve known for weeks – what SCOTUS declared and what a record number of voters decided: Joe Biden won. Republicans must end their attempts to undermine this election and get to work for the American people,” Senator Ben Cardin said.
Recovery in China Strengthened Despite Covid-19 Surge Worldwide
The recovery in China accelerated in November with strong demand, putting the Chinese economy as the only country that can grow this year.
According to official data released today, major economic indicators, including industrial output, investment and consumer spending, all grew at faster paces last month, promoting job growth and pushing down unemployment rates.
Industrial production rose 7 % in November compared to the same period of the previous year, in line with the median expectations of economists surveyed in the Bloomberg survey.
Retail sales in the country also increased by 5 %, as expected in the same period.
Fixed investments increased by 2.6 % in the first 11 months of the year.
The unemployment rate fell slightly from 5.3 % to 5.%.
Macroeconomic data released in China this morning indicate that it has recovered from the contraction caused by the coronavirus pandemic in the first quarter of the year.
The industrial sector was the first to rebound from the damage of the coronavirus pandemic early this year, after Beijing rushed to restore production and business in the second quarter. Consumer spending followed the recovery led by the industry.
As a resurgence of the coronavirus threatened to hurt demand abroad, economists had expected that industrial output would slow in recent months, but official statistics, including today’s released results, have denied those predictions.
New York is Headed Towards a Second Full Shutdown
New York Mayor Bill de Blasio warned that the coronavirus cases are increasing rapidly in the state and that full quarantine can be started again.
” We’re seeing the kind of level of infection with the coronavirus we haven’t seen since May and we have got to stop that momentum — or else, our hospital system will be threatened,’’- New York Mayor Bill de Blasio said on CNN television.
The state reported 5,712 hospitalizations, an increase of more than 1,000 in the past week. If that pace continues, it will be at 11,000 in a month, and some regions may be overwhelmed, Governor Andrew Cuomo said.
Stating that the increase in infection should be prevented, Blasio said that all workplaces will be closed, except for the places that must remain open in the state, and that a full quarantine application can be started.
“The likelihood of more restrictions soon is high, so folks should begin making adjustments soon and work remotely if they can,” Mayor Bill De Blasio said.
“Hopefully we’re talking about restrictions only for a matter of weeks, but we have to be preparing ourselves mentally and practically for that possibility,” he added.
