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Professional associations honor UW Extension staff membersFemale Master's Graduate Found after Going Missing, Suspects Arrested as Police Conduct In-depth InvestigationTitle: Russian Foreign Ministry Reports Assad Has Ordered Peaceful Transfer of Power, Renouncing Presidential Position

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BEIJING: China’s leaders are expected to meet this week to flesh out economic targets for next year, after Beijing announced a major policy shift in a bid to stimulate growth. Here’s what you need to know about the government’s changing approach and the problems facing the world’s second-largest economy: How has China’s policy changed? The leadership said Monday that Beijing would implement a “moderately loose” monetary policy and a “more proactive” fiscal policy next year. The terminology represented a shift away from the government’s previous commitment to a more cautious approach. And analysts said the announcement marked the boldest such pivot since Beijing adopted fiscal prudence in 2011 to address the fallout from the global financial crisis. The disclosure showed the government recognized the urgency of its economic woes and was willing to tackle them directly, analysts said. “The strong tone on policy stance suggests that Beijing is very determined to stabilize growth and will step up fiscal spending next year,” said Ting Lu, chief China economist at Nomura. Stimulus measures expected Monday’s statement gave few details of what the policy would look like, but experts said it should create room for more forceful stimulus measures. Teeuwe Mevissen, senior China economist at Rabobank said a looser monetary strategy would allow Beijing to make further cuts to interest rates and the amount of cash banks must hold in reserve. Policymakers could also back asset purchase programs and a weakening of the yuan, while on the fiscal side they could raise the budget deficit to slash taxes or beef up social security, Mevissen added. Beijing has already announced a raft of stimulus measures in recent months, scything some rates to record lows, easing curbs on homebuying and offering trade-ins and other programs to boost consumption. But the moves have been criticized for a perceived lack of ambition, scarce detail and questionable impact. Shehzad Qazi, managing director of consultancy firm China Beige Book, said looser monetary policy alone “will not cut it”. “Monetary stimulus will only work if Beijing lifts broader business and household confidence,” he told AFP. Challenges economy faces A debt crisis in the crucial housing sector, chronically low consumption and high youth unemployment are some of the key issues that have dragged on Chinese growth since the end of the pandemic. Beijing faces an uphill struggle to expand gross domestic product by its target of around five percent this year—itself a far more modest figure than its double-digit growth around a decade ago. The picture is expected to darken further after US President-elect Donald Trump takes office next month and renews a trade war that would see imports from China subjected to high additional tariffs. China’s GDP could fall by 1.5 percent in the “next few years” if Trump imposes his threatened tariffs of 60 percent, according to analysts at ANZ. Qazi, of China Beige Book, said growing geopolitical tensions would leave markets “salivating for more and more stimulus”. But if Beijing excessively supports the supply side, “it’ll only worsen the overcapacity problem, lead to more cheap Chinese goods being dumped abroad, and only raise trade tensions” even further, he added. President Xi Jinping said Tuesday that the government had “full confidence” in meeting the annual target—and warned that any trade war with Washington would have “no winners”. What is expected? The Central Economic Work Conference will sketch out economic targets for 2025. It is not open to the public, and its exact timing and agenda have not been announced. But state news agency Xinhua published a series of economic reports in recent days that have hinted at the topics under discussion. It said future monetary policy would likely “continue to strengthen counter-cyclical adjustments (and)... improve the precision and effectiveness of support for the real economy”. The strategy would also “create a favorable monetary and financial environment for stable economic growth”, Xinhua said. Nomura’s Lu said the meeting may again signal “a sizeable borrowing program for 2025, though it is unlikely to announce details”. It “may also mention some policies to support consumption by spending on social security for lower-income households and encouraging childbirth”, he added. Looking further ahead, he said, Beijing may set a growth target of around 4.5-5.0 percent for 2025. - AFPThe story of the missing female master's graduate and her two children serves as a powerful reminder of the resilience of the human spirit and the unbreakable bond of family. It is a testament to the enduring power of love and hope, and a testament to the transformative power of forgiveness and reconciliation.AP News Summary at 4:14 p.m. EST

In the end, the story of Liang Xin and the volunteers who assisted her serves as a shining example of the impact that a group of caring individuals can have when they come together for a common cause. It is a testament to the strength of the human spirit and the bonds that unite us all, reminding us that even in the face of great challenges, there is always hope and support to be found in the kindness of others.

Ex-defence chief in South Korea tried to kill himself after being arrested over martial law caseNew York doctor sued for prescribing abortion pills to a Texas woman via telemedicineReport: Iowa CB Jermari Harris opts out of rest of season

Bluesky reacts to Matt Gaetz withdrawal as Trump's attorney general nomineeLong-time Cupertino City Councilmember Liang Chao is the city’s new mayor, with Councilmember Kitty Moore now serving as vice mayor after winning unanimous approval by their colleagues. Unlike nearby cities like Sunnyvale where residents vote for the next mayor, Cupertino’s top leadership positions are decided every year by the council. Chao succeeds Sheila Mohan while Moore takes the torch from Councilmember J.R Fruen. Both Mohan and Fruen will continue to serve on the council until 2026. At the special meeting Thursday, the council also welcomed former planning commissioner Ray Wang, who recently won the second council seat over former mayor Rod Sinks with just 64 votes. Moore, who ran for reelection, secured the first with 25.14% of the vote. Wang takes the spot of outgoing Councilmember Hung Wei to round out the five-member council. Addressing the council and residents Thursday, Chao said she is hopeful that she, Wang and Moore can restore the city’s democratic process — which Chao asserted was recently undermined by a lack of transparency and community engagement. “This is the leadership I pledge to you, one rooted in understanding, collaboration and respect,” Chao said. “I will ensure we put residents first. The council makes decisions based on residents’ input and that city staff follow the council’s direction without undue influence from outside special interests.” As mayor for the next year, Chao can expect to lead the council through affordable housing expansion, a budget deficit following the loss of millions in sales tax dollars from Apple and oversight of the construction at The Rise, a massive mixed-use development that is expected to be completed in the upcoming decade on the site of the old Vallco mall. Chao, who first joined the council in 2018, served as vice mayor in 2019 and 2021. During her tenure, Chao has been a part of council decisions including the launch of a city-wide shuttle service and oversaw the closing of the Cupertino-based Lehigh Cement plant and the environmental cleanup of Vallco. Chao and Moore have both been openly critical towards council approval of the large-scale project, The Rise, mostly for the environmental and congestion issues the development could cause in the city. Both have also been backed by 2014 resident group Better Cupertino, which has focused on what they call a “balanced growth approach to the city and the regional housing crisis” and has historically scrutinized The Rise’s development. Chao said Thursday she believes every resident supports housing, “as long as high-density projects are located in someone else’s neighborhood.” Chao also said she is confident that most residents would oppose a project that would bring thousands of workers and more congestion into the city. Chao and Moore were also the subject of controversy last year when an independent investigation and report by a civil grand jury accused the two of poor treatment towards city staff and bypassing councilmember protocols. Both were but later reinstated following the city decision to require additional training for councilmembers on council governance and staff communication.

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Russian President Vladimir Putin Russian President Vladimir Putin says he has a stock of new missiles ready to be used and that no other nation has weapons like Russia. Mr. Putin said the Oreshnik missile could not be intercepted and promised to carry out more tests, including in "combat conditions". Russia's use of the Oreshnik capped a week of escalation in the war that also saw Ukraine fire US and British missiles into Russia for the first time. Ukraine's President Volodymyr Zelensky has called for a "serious response" to Russia's use of a new experimental ballistic missile, saying Putin will keep trying to intimidate Ukraine. Prime Minister of Poland Donald Tusk says the threat of global conflict is serious and real with the Ukraine-Russia war entering a decisive phase. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1531230668029-0'); });

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