China Launches $1.4 Trillion Bailout for Local Government Debt Crisis

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Source: Semafor
China Launches $1.4 Trillion Bailout for Local Government Debt Crisis
Photo: Semafor
TL;DR Summary

US Vice President Kamala Harris conceded the 2024 presidential race to Donald Trump, emphasizing the importance of a peaceful transfer of power and unity in her speech at Howard University. Despite her loss, Harris vowed to continue advocating for key issues like abortion rights and gun control. Her concession followed a decisive victory for Trump, which also saw Republicans capturing the Senate, while control of the House remained uncertain. Harris' campaign was marked by challenges, including President Biden's late decision not to seek reelection.

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