Roach: Too Early to Declare Hong Kong Over

Stephen Roach, Senior Fellow at Yale Law School, discusses why he is revising his declaration that Hong Kong is finished and says the city is being reinvigorated by US-China tensions. He speaks with Yvonne Man and David Ingles on "Bloomberg: The China Show." (Source: Bloomberg)

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Yahoo

8 minutes ago

• Yahoo

Alliance-area news in brief for June 23

LIBRARY SALE ROOM – Minerva Public Library has opened a book sale room located on its lower level. Library officials say patrons now can avoid the long wait for book sale week. The sale room offers a wide selection of gently used books, magazines and other media at bargain prices during regular library business hours Monday through Friday. SEBRING COUNCIL – Sebring Village Council plans a public hearing at 6:15 p.m. June 23 in Council Chambers in Village Hall, 135 E. Ohio Ave. on legislation pending before said Village Council to vacate part of an unnamed 10-foot north-south alley bounded on the north by Georgia Avenue; on the west by Lots 1710, 1711 and 1712' on the east by Lot 1997; and to the south by a line parallel with the southern lot of Lot 1797 and 132 feet south of West Georgia Avenue. The text is available for review in the Clerk of Council's office. ALLIANCE FIRE – Alliance Fire Department plans a promotional examination for assistant chief at 9 a.m. Aug. 21 atAlliance Area Senior Center, 602 W. Vine St. in Alliance. Eligibility for testing is any current lieutenant or captain with at least 12 months in grade before the exam date. Signup sheet will be posted at Alliance Fire Department, Central Fire Station at 63 Broadway until 5 p.m. July 20. List of references will be posted at the Central Fire Station. DEER CREEK FISHING – Stark Parks Rangers bass boat tournament will begin with 6 a.m. registration and fishing from 7 a.m. to 3 p.m. July 12 at Deer Creek Reservoir. Participants can be individual or partnered with a five-bass limit of largemouth or smallmouth. Fee is $60 per boat, paid in cash. Weigh-in will be 3 p.m. Proceeds after prizes will go to Stark Parks Ranger Explorer Program. All state and local laws apply. 10-HP limit, electric motors only. Visit for more information. LEGACY OF HONOR − The 5th anniversary Legacy of Honor Gala will be 5:30 to 10 p.m. Aug. 16 at MAPS Air Museum in Green. Event will include a program and live comedy and music. RSVP to the formal event by Aug. 1 at Legacy of Honor is a Stark County-based agency that works to assist veterans in various aspects of life. BELOIT COUNCIL − Beloit Village Council plans a special meeting at 6 p.m. June 30 at Village Hall. Purpose of the meeting is to discuss Ohio public works round 40. Streets, buildings and grounds also might be discussed. Action might be taken. This article originally appeared on The Alliance Review: Alliance-area news in brief for June 23

Washington Post

12 minutes ago

• Washington Post

This sacred place holds our national memory. Don't politicize it.

Amanda Vaill is the author of four biographies, including the forthcoming 'Pride and Pleasure: The Schuyler Sisters in an Age of Revolution.' In the summer of 1848, after Alexander Hamilton's 90-year-old widow, Eliza, had been campaigning for more than a decade to have the Library of Congress acquire her husband's papers, her goal seemed at last within reach. A 'bill for the relief of Elizabeth Hamilton,' under which Congress would buy his archive and she would have it transcribed and printed in book form for deposit in the Library, had been sent to the House of Representatives in May. Although the measure had not yet reached the floor, it was expected to at any moment.

Bloomberg

13 minutes ago

• Bloomberg

What's Next After the Initial Fallout from US Strikes on Iran

What's next? The unprecedented US airstrikes on Iran have set traders and governments worldwide on edge, as the Islamic Republic warns of retaliation and Israel shows no sign of letting up in its assault. Asian currencies and stocks fell, European stock futures declined while oil advanced, then erased gains, after Washington struck Iran's nuclear sites over the weekend. China and Pakistan were quick to condemn — even though China hasn't yet offered substantial assistance to Tehran besides rhetorical support and Pakistan is at the same time taking steps to build stronger ties with the White House. The US State Department issued a ' Worldwide Caution ' alert for Americans. More critically, President Donald Trump's decision to deploy bunker-busting bombs — in Washington's first direct military action against Iran after decades of hostility — has pushed the Middle East into uncharted territory. Did the end justify the means? While the US attacks have set back Iran's nuclear ambitions and dealt its clerical regime a humiliating blow, the program hasn't been completely destroyed. The move may ultimately lead Tehran to end international monitoring of its nuclear program and consider going ahead to develop a bomb. Supreme Leader Ayatollah Ali Khamenei hasn't been seen in public in 11 days but remains in control. Even as diplomatic allies Russia and China have stayed on the sidelines and its network of armed proxies in the region remains weakened, Tehran still has ways to inflict pain on the US as it plans its retaliation. Two supertankers, each capable of hauling about 2 million barrels of crude, U-turned in the Strait of Hormuz after the US airstrikes on Iran raised the risk of a response that would ensnare commercial shipping in the region, according to vessel tracking data compiled by Bloomberg. The two empty freighters then sailed south, away from the mouth of the Persian Gulf. The turning oil carriers offer the first signs of re-routing, something that oil traders will scrutinize. Any disruption to traffic through the strait, a major artery for global crude and natural gas, raises the specter of a spike in energy prices. That's bad news for Asia, which buys more than four-fifths of all the crude produced in the Middle East, 90% of which goes through the Strait of Hormuz.