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Billionaire Mark Cuban, owner of the National Basketball Association team the Dallas Mavericks and worth an estimated .1 billion, scorned Warren's proposed billionaire tax and said her estimated income and net worth of million placed her among the top 1 percent of wealthiest people in the US.

Blumenthal contended that Boeing rushed to get the 737 Max into the air to compete with Europe's Airbus and disregarded crucial safety features.

Bilel Jamoussi, chief of the Study Groups Department at the ITU Standardization Bureau, praised the presentation of Yao Qian, director-general of the Institute of Digital Money at the PBOC, and said the workshop was impressive.

Both nations also formalized a new credit line granted by China to remodel and modernize Cuba's electronic industry.

Both forces shaped the growth patterns of the past decades. In 1988, a lower-middle-class US citizen had more than six times the income of a well-off middle-class citizen in China. Today, both earn almost the same amount. Similar leaps happened in other economies, from Turkey to Vietnam. Yet, over the same period, half of the world's wealth went to the top 5 percent of the population, and almost one-fifth went to the highest 1 percent.