Chinese internet companies face a new reality after Donald Trump’s surprise victory as U.S. president-elect — and Alibaba Group Holding Ltd. has the most to lose.
On the campaign trail, Trump promised to upend global trade, saying that China is “killing us” on trade policy and proposing tariffs on Chinese goods of as much as 45 percent. If implemented, his ideas could lead to “devastating” results, from global trade wars to higher costs of living, and “spell the end of globalization,” according to Darrell West, a vice president at the Brookings Institution.
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Time For Truth: (Bloomberg) – Alibaba’s U.S. Growth Ambitions at Risk After Trump Victory
She took him to a hospital in Los Angeles, but doctors there didn’t know how to treat what they saw.
Lucian’s legs felt soft as jelly and he couldn’t move them. His breathing became rapid. The left side of his smile drooped as his muscles weakened.
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Time For Truth: (LA Times) – Her toddler suddenly paralyzed, mother tries to solve a vexing medical mystery
Anti-satellite weaponry is possible, something which should be reckoned with when planning possible military operations, defense expert Vasily Kashin told Sputnik China.
In an interview with Sputnik China, military expert Vasily Kashin described an anti-satellite weapon as a new reality which one should consider when planning a possible military operation.
It was a striking image. A photo of an 89-year-old man hunched over, struggling to push his cart with frozen treats. Fidencio Sanchez works long hours every day selling the treats because he couldn’t afford to retire. The photo and his story went viral and thousands of people donated more than $384,000 for his retirement.
His story is a window into a dark reality: Many low-wage workers say they can’t afford to retire.
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Time For Truth: (Associated Press) – For Some Low-Income Workers, Retirement Is Only A Dream
The thing is: We’d never know it anyway.
In a note to clients out Tuesday, Bank of America Merrill Lynch said there’s a 20%-50% chance that we’re living in the matrix — meaning that the world we experience as “real” is actually just a simulation.
The firm cites comments from Elon Musk, Neil deGrasse Tyson, and Nick Bostrom’s seminal paper on the issue as the basis for its 20%-50% view.