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Joe Biden Is the Low-Energy Donald Trump Lite | Blog Posts

President has been ranked among best political golfers in past Most recent handicap posted for Biden was 6.7 in 2018 … Biden was ranked one of Washington’s best golfers a few years ago, sporting a single-digit handicap, but took a break during his 2020 campaign for the White House. … During the 1960 campaign, JFK made fun of Eisenhower for playing golf. But JFK was a golf fanatic, so when during the campaign he got an invitation to play the superb Cypress Point golf club, he canceled everything to play it and relied on the press to cover it up, which they did. In 2011, Golf Digest ranked Biden the 29th best golfer in Washington, with a 6 handicap. Biden had a 6.7 handicap in the U.S. Golf Association’s GHIN database in 2018, when his most recent scores were posted.

China ends currency restriction on firms – Rob Delaney and Yanping Li

Posted by Mo Ming | Jun 10, 2006 From Bloomberg News via the International Herald Tribune: In another step toward a more freely traded currency, the government on Thursday said that it would remove restrictions on how much foreign exchange domestic companies can buy to fund overseas acquisitions or expansion. Companies may use their own holdings, buy foreign exchange from regulators or borrow from overseas or domestic lenders to invest abroad starting July 1, the State Administration of Foreign Exchange said in a statement on its Web site. China is gradually loosening controls on the yuan after ending a decade-old peg to the dollar in July. Surging exports helped drive the nation’s foreign-exchange reserves up 33 percent to a record $875.1 billion in the year to the end of March, putting pressure on the yuan to appreciate. [Full Text]

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