Protests in China send a chill through global markets | CNN Business

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Over the weekend, mainland China experienced something it hasn’t seen in more than 30 years: Thousands of protesters flooding the streets, defying the Communist Party.

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. The protests had an immediate impact on global markets, and raised questions about the path forward for China’s increasingly sluggish economy. What’s going on? The protests began Friday after 10 people were killed in a fire in China’s Xinjiang province, where Covid lockdown restrictions reportedly hindered first responders from reaching the blaze.

million The label on a cup of Velveeta’s microwaveable mac and cheese says the food will be “ready in 3½ minutes.” One Florida woman is taking issue with that statement, to the tune of $5 million. Yup, someone filed a proposed class-action lawsuit against Kraft Heinz, alleging that its Velveeta Shells & Cheese takes longer than advertised to prepare, court documents show.

Introducing the latest casualty of the financial contagion unleashed by the collapse of Sam Bankman-Fried’s empire… The crypto lending firm BlockFi filed for bankruptcy today. Its collapse wasn’t a huge surprise in the crypto world — the firm has basically been on death watch for three weeks — but it’s still a significant player to be taken down in the FTX contagion.

 

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....don't exaggerate it...

Zimbabwean,s look and learn

They did it of their own free will, and political sentiment should be low. In fact they are now back to normal. Our excessive expectations are sometimes agitation. Amen

The people are angry because the government did wrong in enforcing 100% quanrentine over affected areas as the whole world treated covid-19 as endemic and the most the authorities should do is to enforce masks wearing there or confirmed cases be quanrentined.

Canadas Prime minister could help them squash this uprising. We call it the Emergencies act.

Thousands of protesters,are you kidding me?

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Unprecedented protests in China are making headlines around the world, except inside China | CNN BusinessProtesters have taken to the streets across China after years of the government's zero-Covid policy have left citizens feeling desperate. CNN's selinawangtv reports from China. selinawangtv This morning (Nev 28), the Islamic Republic executed seven people in the central prison in Balochistan in one hour. They are massacring Iranian people in secret. A great crime is going on, be the voice of the people of Iran MahsaAmini selinawangtv Freedom can only be suppressed for so long. Then it emerges. selinawangtv Isn’t this against your agenda? I mean the elite agenda, cnn is just their cuckold puppets.
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