The economy likely grew at an 8.5% annualized rate last quarter, according to a Reuters survey of economists (Source:Reuters)

Fiscal stimulus, vaccines scaled up US economic growth in second quarter

Jul 29, 2021

The anticipated acceleration in gross domestic product last quarter would lift the level of GDP above its peak in the fourth quarter of 2019. Even with the second quarter likely marking the peak in growth this cycle, the economic expansion was expected to remain solid for the remainder of this year

A team of officers from the Israeli Ministry of Defence had visited the cybersecurity firm's headquarters on Tuesday, July 27

Pegasus spyware: Israeli officials inspect NSO Group's offices

Jul 29, 2021

NSO Group stated that it was working in "full transparency" with the Israeli representatives who are looking into the Pegasus snooping matter

Kushner is also looking to open an office in Israel to pursue regional investments (Source: Reuters)

Jared Kushner to exit politics, start investment firm

Jul 29, 2021

Kushner, who served as the Republican president's senior adviser in the White House, is in the final stages of launching an investment firm called Affinity Partners that will be headquartered in Miami

Acknowledging some progress towards their goals ”seems designed to give them the option to announce” (Source: Reuters)

Economic recovery on track despite COVID-19 surge: US Federal Reserve

Jul 29, 2021

U.S. job market still had ”some ground to cover” before it would be time to pull back from the economic support the U.S

The investigation comes at a sensitive time in relations between Beijing and Taiwan (Source: Reuters)

Taiwan ex-deputy defence minister probed over 'China spy' contacts

Jul 28, 2021

Former deputy defence minister General Chang Che-Ping, who is head of National Defense University, was the most senior of several serving and retired officers being investigated for contacts with a representative of China's Central Military Commission

Gantz's ministry and NSO decline to identify countries that own Pegasus (Source: Reuters)

Israel defence ministry to share initial findings on NSO with France

Jul 28, 2021

Israeli Defence Minister Benny Gantz's office said he would fly out to meet French counterpart Florence Parly for talks about Lebanon's governance crisis and Iran's nuclear diplomacy.

Big Tech companies profits

Apple, Microsoft, Alphabet report combined profits of over $50 billion

Jul 28, 2021

The results served as another reminder of the clout they wield and why government regulators are growing increasingly concerned about whether they have become too powerful

The CDC and the State Department also raised Armenia to "Level 3" (Source: Reuters)

US issues 'Do Not Travel' advisories for Spain, Portugal due to rise in Covid-19 cases

Jul 27, 2021

The CDC raised its travel advisory to "Level Four: Very High" for those countries telling Americans they should avoid travel there, while the State Department issued "Do Not Travel" advisories.

Wang accused the US of adopting a superior attitude and using its strength to pressure other countries (Source: AP)

China blames US for ‘stalemate’ in bilateral relations, as talks begin

Jul 26, 2021

The China-US relationship is in a stalemate because some Americans portray China as an imagined enemy, Xinhua quoted Vice Foreign Minister Xie as telling US Deputy Secretary of State Sherman.

Tokyo Olympics 2020

Tokyo Olympics: Centre exempts returnees from RT-PCR test

Jul 26, 2021

Batra said since the Olympic contingent members have been fully vaccinated and undergone tests on a regular basis in Tokyo, they be exempted from the requirement of showing RT-PCR negative test reports while returning to the country

Tokyo 2020 Olympics - The Tokyo 2020 Olympics Opening Ceremony - Olympic Stadium, Tokyo, Japan - July 23, 2021. Fireworks are seen from outside the stadium during the Opening Ceremony. (Photo: Reuters)

Tokyo Olympics opening pulls 16.7 mn US TV viewers, a 33-year low

Jul 25, 2021

Across all platforms, including and the NBC Sports app, 17 million people watched the ceremony, NBCUniversal said in an email