The dollar edged higher on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
FILE PHOTO: A man displays US dollar notes after withdrawing cash from a bank in Harare, Zimbabwe, July 9, 2019. REUTERS/Philimon Bulawayo
“The biggest concern is the tension between the United States and China,” said Takuya Kanda, general manager of research at Gaitame.com Research Institute in Tokyo. Hong Kong police fired tear gas and water cannons to disperse thousands of people who rallied on Sunday to protest Beijing’s national security law.
Cummings, who is the architect of the 2016 campaign to leave the EU and widely considered to be Johnson’s most influential strategist, came under pressure after reports he travelled to northern England from London during a nationwide lockdown in March when his wife was ill with COVID-19 symptoms.
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China has betrayed Hong Kong, Hong Kong former governor saysChina has betrayed the people of Hong Kong so the West should stop kowtowing to Beijing for an illusory great pot of gold, said Chris Patten, the last governor of the former British colony.
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Dollar edges higher as Hong Kong tensions fuel safe-haven demandThe dollar edged higher on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
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The other Hong Kong: Will China's democratic enclave become just like the mainland?'At issue is whether Hong Kong is governed by its own laws, under the semi-autonomous status that has made it an enclave of relative democracy and liberalism ... or under China's,' Joy Park writes for CNNOpinion
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Trump must now grapple with how to confront Beijing's crackdown on Hong KongBeijing’s move to tighten its grip on Hong Kong drew swift condemnation from U.S. officials as they weighed options for new sanctions.
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