Asia

Trump 'not ready' for China trade deal, dismisses recession fears

WASHINGTON (Reuters) - U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.

'Expect craziness' as China readies debut of Nasdaq-style board

Eight months after President Xi Jinping unveiled plans for Shanghai’s technology innovation board, the first batch of 25 companies - ranging from chip-makers to biotech firms - will debut on the STAR Market.

Modeled after Nasdaq, and complete with a U.S-style IPO system, STAR may be China’s boldest attempt at capital market reforms yet. It is also seen driven by Beijing’s ambition to become technologically self-reliant as a prolonged trade war with Washington catches Chinese tech firms in the cross-fire.

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CBD Shows Promise As Antibiotic Against Resistant Superbugs

Antibiotic resistance is “one of the biggest threats to global health, food security, and development today” says The World Health Organization (WHO). It can affect anyone, of any age, in any country. It is a huge health problem today as a growing number of infections such as pneumonia, tuberculosis, and gonorrhea are becoming increasingly difficult to treat.

Given cannabidiol’s documented anti-inflammatory effects, existing safety data in humans, and potential for varied delivery routes, it is a promising new antibiotic worth further investigation. The combination of inherent antimicrobial activity and potential to reduce damage caused by the inflammatory response to infections is particularly attractive.

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