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COVID-19: California County Directives and Mandates - April 2021 | Manatt, Phelps & Phillips, LLP


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On Friday, August 28, 2020, California Governor Gavin Newsom unveiled a new and simpler four-tiered classification system, the Blueprint for a Safer Economy, to evaluate regional and business-sector health risk and to guide counties as they reopen businesses closed due to the COVID-19 pandemic. Businesses across the state have largely been closed since the Governor issued the first Stay-at-Home Order on March 19, 2020, and additional restrictions were put in place in July. Prior to August 28, the state was tracking counties’ COVID-19 metrics via a Monitoring List, with counties on the list subject to additional restrictions. That list has now been replaced with the four-tiered Blueprint. Counties in California are now subject to a streamlined set of restrictions based on the tier into which they fall, which is determined by case counts per 100,000 residents and test positivity rates. More information on the Bluepri ....

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No Currency Manipulators in Biden's First FX Report | Center for Strategic and International Studies


April 16, 2021
On April 16, the U.S. Treasury Department issued its semiannual 
Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, the first release during the Biden administration and under Secretary Yellen. In this latest “FX report,” Treasury declined to designate any country for currency “manipulation,” reversing its December 2020 designation of Switzerland and Vietnam. However, it concluded that Switzerland and Vietnam, as well as Taiwan, met three criteria to trigger “enhanced engagement” to “address underlying causes” of currency undervaluation and external imbalances.
Q1:
What is the FX report and how does it determine “manipulation”? ....

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US keeps 11 countries including India, China, Japan in currency practices monitoring list


US keeps 11 countries including India, China, Japan in currency practices monitoring list
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Last Updated: Apr 16, 2021, 09:31 PM IST
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Synopsis
Other countries named by the Department of Treasury in its quarterly report to Congress, the first under the Biden administration, are Ireland, Malaysia, Singapore, Thailand and Mexico.
AFP
All except Ireland and Mexico were covered in the December 2020 report, which was under the previous Trump administration.
The United States on Friday placed 11 countries, including India, China, Japan, South Korea, Germany and Italy in the currency practices monitoring list.
Other countries named by the Department of Treasury in its quarterly report to Congress, the first under the Biden administration, are Ireland, Malaysia, Singapore, Thailand and Mexico. ....

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