China, Russia, Cardi B: Your Friday Evening Briefing
Rising tensions between China and the U.S. pummeled stocks, as investors began to take seriously the risk of a trade war between the world’s two largest economies. The latest U.S. jobs report didn’t help matters — it showed that job growth slowed in March.
Our correspondent in Shanghai says there’s a fundamental question at the heart of the dispute: Which country is more willing to endure short-term pain for the long-term gain of playing a leading role in high-tech industries?
The White House imposed new sanctions on seven of Russia’s richest oligarchs — and 17 top government officials. It’s the latest effort to punish the inner circle of President Vladimir Putin, above, for interference in the 2016 election and other alleged misdeeds.
And Facebook announced that it would require political advertisers to verify their identities. The rule is meant to prevent foreign interference in domestic politics, like the paid posts by Russian “trolls” ahead of the 2016 election.
Our correspondent in Shanghai says there’s a fundamental question at the heart of the dispute: Which country is more willing to endure short-term pain for the long-term gain of playing a leading role in high-tech industries?
The White House imposed new sanctions on seven of Russia’s richest oligarchs — and 17 top government officials. It’s the latest effort to punish the inner circle of President Vladimir Putin, above, for interference in the 2016 election and other alleged misdeeds.
And Facebook announced that it would require political advertisers to verify their identities. The rule is meant to prevent foreign interference in domestic politics, like the paid posts by Russian “trolls” ahead of the 2016 election.
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