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Market Talk – August 3, 2021 | Armstrong Economics

Spread the love ASIA: Singapore recorded its strongest economic growth in 11 years in the second quarter of 2021, rebounding from its worst economic slump on record a year ago due to the Covid-19 pandemic. The Southeast Asian economy surged 14.3% in the second quarter compared with the same period a year ago, according to advance estimates by the Ministry of Trade and Industry.   NIKKEI 225 decreased 139.19 points or -0.50% to 27,641.83 Shanghai decreased 16.29 points or -0.47% to 3,447.99 Hang Seng decreased 40.98 or -0.16% to 26,194.82 ASX 200 decreased 16.90 points or -0.23% to 7,474.50 Kospi increased 14.10 points or 0.44% to 3,237.14 SENSEX increased 872.73 points or 1.65% to 53,823.36 Nifty50 increased 245.60 points or 1.55% to 16,130.75

Hundreds march for voting rights, justice near US Capitol; 200 arrested

Men and women from different religious groups march toward the U.S. Capitol in Washington Aug. 2, 2021, during a protest for voting rights and economic justice organized by the Poor People s Campaign: A National Call for Moral Revival. (CNS photo/Melissa Cedillo, National Catholic Reporter) Washington Hundreds of people marched  and over 200 of them were arrested Aug. 2 at a Moral Monday rally for voting rights and economic justice near the Capitol. Among those arrested were the Rev. Jesse Jackson, whose involvement in civil rights goes back to being a companion of the Rev. Martin Luther King Jr. the day he was assassinated in 1968. Also arrested was the Rev. William Barber II, the Black Protestant minister who originated the Moral Monday marches in 2013 in North Carolina.

Hiltzik: Stefanik, GOP smear everything they don t like as socialism | Columns

 There are two things one can be sure of when politicians denigrate government programs as “socialist.” One is that they don’t know anything about “socialism.” The other is that they don’t know anything about the programs they’re trying to smear. So here comes Rep. Elise Stefanik, the third-ranking member of the House Republican leadership, with an especially absurd example of the genre. Marking the birthdays of Medicare and Medicaid, which were enacted on July 30, 1965, she took to Twitter to celebrate “the critical role these programs have played to protect the healthcare of millions of families.” Then she pivoted to add, “To safeguard our future, we must reject Socialist healthcare schemes.”

Hiltzik: Here s why the GOP smears everything it doesn t like as socialism | Columns

There are two things one can be sure of when politicians denigrate government programs as “socialist.” One is that they don’t know anything about socialism. The other is that they don’t know anything about the programs they’re trying to smear. So here comes Rep. Elise Stefanik, R-N.Y., the third-ranking member of the House Republican leadership, with an especially absurd example of the genre. Marking the birthdays of Medicare and Medicaid, which were enacted July 30, 1965, she took to Twitter to celebrate “the critical role these programs have played to protect the healthcare of millions of families.” Then she pivoted to add, “To safeguard our future, we must reject socialist healthcare schemes.”

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