IF iDir.com

A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. Thirty-four percent of economists surveyed by the National Association for Business Economics, in a report being released Monday, said they believe a slowing economy will tip into recession in 2021. Only 2% of those polled expect a recession to begin this year, while 38% predict that it will occur in 2020.

Mon, 19 Aug 2019 00:04:46 -0400

Protesters in Indonesia's easternmost province of Papua set fire to tyres and torched a local parliament building on Monday after a demonstration against the recent detention of scores of Papuan students, according to media reports and an official. A separatist movement has simmered for decades in Papua, while there have also been frequent complaints of rights abuses by Indonesian security forces. The spark for the latest anger appears to have been the detention of scores of Papuan students in Surabaya, East Java, for bending a flagpole in front of a dormitory during the celebration of Indonesia's Independence Day on Aug. 17, according to Papuan activists.

Sun, 18 Aug 2019 23:53:13 -0400

Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China's central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies. The People's Bank of China (PBOC) on Saturday unveiled key interest rate reforms to help steer borrowing costs lower for companies and support a slowing economy caught in the grip of a bruising trade war with the United States. Hopes major economies will seek to prop up slowing growth with fresh stimulus have helped ease some of the recessionary fears unleashed in markets last week.

Sun, 18 Aug 2019 23:51:33 -0400

A man was arrested Saturday afternoon after reportedly assaulting a female and then threatening bystanders with a knife in downtown Davis, officials said in a news release posted on Facebook.

Sun, 18 Aug 2019 23:32:49 -0400

Hong Kong is gearing up for more protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes. The protests began more than 11 weeks ago as opposition to a now-suspended bill that would have allowed suspects to be extradited to mainland China for trial in Communist Party-controlled courts and have since swelled into wider calls for democracy.

Sun, 18 Aug 2019 23:13:45 -0400