Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
In a first for Louisiana, the governor has declared a state of emergency over a cybersecurity issue after a series of attacks shut down phones and locked and encrypted data at three of the state's school districts.
Gov. John Bel Edwards declared the emergency Wednesday. His office has said the threat is "ongoing."
It's an escalation of a problem that has plagued states and cities in the past year, including Atlanta, Baltimore, several cities in Florida, and others throughout the country. Cybercriminals have increasingly targeted state and local governments with ransomware tools – which infect an organization's computer networks and lock up critical files in exchange for a ransom payment.
Unlike most companies that have been hit by ransomware, and can handle ransomware attacks and transactions privately, states and municipalities are often forced to make their payments and woes public. The publicity around the attacks often forces governments to quickly pay up in order to get back online and keep their residents happy. This often forces a new and painful cycle that shows no signs of slowing down.
In Louisiana, the incidents have disrupted school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. Phones, files and computer equipment have been inaccessible. The districts have said federal law enforcement is helping with the issues.
"The Sabine Parish School System was hit with an electronic virus early Sunday morning," reads a statement on the school district's website. "This virus has disabled some of our technology systems and our central office phone system. The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. All available resources are being utilized to get the district systems back on line. An investigation involving local, state and federal law enforcement is ongoing at this time."
The emergency declaration allows Louisiana to access resources from the state's national guard, technology office, state police and other organizations, according to a statement from the governor's office.
Few states or cities have declared states of emergency over information technology problems, and only one agency – the Colorado Department of Transportation – has made such a declaration in the past, because of a ransomware attack.