Powell Goes Easy on Surging Yields While Central Bank Peers Fret

Jessica Wong

(Bloomberg) — The unprecedented $9 trillion rescue mission by central banks to haul the world economy from its coronavirus recession is being tested as rising bond yields and inflation bets threaten their ability to keep borrowing costs down.

While Federal Reserve Chairman Jerome Powell this week called the recent run-up in bond yields “a statement of confidence” in the economic outlook, other counterparts are sounding less sanguine as their recoveries lag that of the U.S..

European Central Bank President Christine Lagarde said Monday that she and colleagues are “closely monitoring” government debt yields. The Bank of Korea warned it’ll intervene

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China’s bid to stop Wuhan COVID-19 spread cut deaths elsewhere from other causes: study

Jessica Wong

FILE PHOTO: A worker wears a mask during a government organised media tour at Tongji Hospital following the coronavirus disease (COVID-19) outbreak, in Wuhan, Hubei province, China September 3, 2020. REUTERS/Aly Song

SHANGHAI (Reuters) – The number of deaths in China – excluding the coronavirus epicentre of Wuhan – fell slightly during the first three months of 2020, suggesting efforts to control the spread of COVID-19 reduced deaths from other causes, a new study showed.

Researchers from the University of Oxford and the Chinese Center for Disease Control and Prevention (CDC), analysed official death registry data from Jan. 1 to

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China’s Bid to Stop Wuhan COVID-19 Spread Cut Deaths Elsewhere From Other Causes: Study | World News

Jessica Wong

SHANGHAI (Reuters) – The number of deaths in China – excluding the coronavirus epicentre of Wuhan – fell slightly during the first three months of 2020, suggesting efforts to control the spread of COVID-19 reduced deaths from other causes, a new study showed.

Researchers from the University of Oxford and the Chinese Center for Disease Control and Prevention (CDC), analysed official death registry data from Jan. 1 to March 31 last year for changes in overall and cause-specific deaths.

The death rate in Wuhan, the central Chinese city where the coronavirus that causes COVID-19 was first identified, stood at 1,147

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Some APS athletes leave New Mexico to play sports elsewhere

Jessica Wong

“And then COVID hit, so we weren’t really getting able to do much,” he said.

“I know the pandemic is real, and I work in— I’m in ICUs and I see people with COVID and isolated and dying,” said Scott Fuller, Logan’s dad.

However, Fuller said he believes it’s possible for athletes to continue participating in their sport in a COVID-safe way. 

“Strong contention is what’s best for these kids is academics and athletics which we know can be done safely,” he said. 

In order to continue playing football, Logan transferred into the IMG Academy in Florida. 

“My dream is

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Internal memo: Key Amazon exec Jeff Blackburn officially leaving, hinting at new role elsewhere

Jessica Wong
Amazon executive Jeff Blackburn speaks at his alma mater, Dartmouth College, in 2015. (Dartmouth / Eli Burakian Photo, used with permission.)

Another Jeff is moving on from his longtime Amazon executive role, filling out the picture of what has become a massive leadership transition at the tech giant.

Jeff Blackburn, the senior vice president who played a key behind-the-scenes role as one of Jeff Bezos’ top lieutenants for more than two decades, is leaving Amazon as of today, following a year-long sabbatical, he wrote in a message to Amazon’s senior leaders, posted to the company’s intranet and obtained by GeekWire.

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