Private Sector Struggles In Major Chinese Industrial Base As Export Orders Shrink: Local Businessmen

Florida & Texas Lead Jobless Claims Rebound From Near Record Lows The number of Americans filing for unemployment benefits for the first time rose last week to 211k (more than the 205k expected), but remain well within the range of the last five years, near record lows... Source: Bloomberg Florida and Texas saw the biggest rise in initial claims while California and Michigan saw the largest declines... Continuing jobless claims also rose modestly last week, up to 1.782mm Americans (but still well below the 1.9mm Maginot Line)... Source: Bloomberg Combined with last week's positive payrolls...

Yemen's Saudi-Backed President Calls On Citizens To Mobilize, In Sign Of Desperation The Ansar Allah movement, commonly called the Houthis, have remained the most recognizable name and force in Yemen of late, but lesser known among many headline consumers is the country's internationally recognized government, which is directly backed by the Saudis and recognized by the United Nations. Rashid Al-Alimi, ​president of the 'legitimate' government based out of Sanaa, ‌on Friday called ​on ‌all Yemenis to ⁠mobilize and join the armed ⁠forces against the Houthi rebels' onslaught. Source: Iranian presidency's officeThe general...

China Maps South China Sea Floor At Twice The Resolution Of Global Models China says it has dramatically improved its ability to chart the ocean floor, producing detailed seabed maps that outperform widely used global models in both resolution and accuracy, according to the South China Morning Post. The advance is the product of more than two decades of work by a research group led by Professor Wu Ziyin at the Second Institute of Oceanography. Rather than relying on a single new survey, the scientists found ways to reconcile huge amounts...