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Top economists call for action on runaway global inequality (www.theguardian.com)

The letter says: “We know that high inequality undermines all our social and environmental goals. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing...

US chip lobby presses Biden to refrain from more China curbs (www.aljazeera.com)

The US-based Semiconductor Industry Association has called on President Joe Biden’s administration to “refrain from further restrictions” on chip sales to China as chief executives from the biggest US semiconductor firms planned to visit Washington this week to press their views on China policy....

Argentina’s yuan lifeline sign of brinksmanship between China, US (www.aljazeera.com)

In April, China and Argentina announced the swap line had been activated, enabling Argentina to use the equivalent of $1.04bn in yuan to pay for Chinese imports in May. Then in June during Massa’s China trip, that line was extended to up to $18bn over the next three years. The Central Bank of Argentina said this increased the...

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