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U.S. and Chinese trade envoys discussed strengthening coordination of their countries’ economic policies during a phone meeting Tuesday, the Ministry of Commerce announced.The announcement gave no details of the meeting held as part of the “Phase 1” truce aimed at ending a tariff war between the two biggest global economies that has disrupted worldwide trade.President Xi Jinping’s government has lobbied Washington since at least 2016 to coordinate macroeconomic policies. Beijing has given no details, but such policies can include economic growth, employment, inflation and trade.Tuesday’s meeting included Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the ministry said.“The two sides had a constructive dialogue on strengthening the coordination of the macroeconomic policies of the two countries and the implementation of the ‘Phase 1’ agreement,” a ministry statement said.Under the “Phase 1” agreement signed in January, both governments agreed to suspend additional penalties on each other’s goods in a fight launched by President Donald Trump in 2018 over Beijing’s technology ambitions and trade surplus.That deal has stayed in place despite a growing array of irritants in U.S.-Chinese relations including the status of Hong Kong, the handling of the coronavirus pandemic and accusations of human rights violations in China’s Muslim northwestern territory of Xinjiang.Beijing promised as part of the “Phase 1” agreement to narrow its trade surplus with the United States by purchasing more American farm goods. Trump’s economic adviser, Larry Kudlow, told reporters last week the White House is satisfied with Beijing’s purchases so far.The truce called for talks to be held after six months, but those were delayed due to the coronavirus pandemic. A meeting scheduled for last week was to be held online but was postponed.The two governments have yet to announce plans for face-to-face talks in the next stage of negotiations.The two governments have rolled back some penalties but most of the punitive tariffs imposed on hundreds of billions of dollars of each other’s goods remain in place. 2173
VERO BEACH, Fla. -- For Crystal Smith, the midday heat in Florida isn't her biggest challenge. Living in a shelter, the single mom is trying to get back on her feet.She was one of the first people working at the "Dignity Food Truck" in Vero Beach."I've just been making food, certain dishes, just learning. (The organizers) give you on the job training and actually give you a job," said Smith.Set up by the Source, a Christian Ministry outreach in Vero Beach, it is a new program for the homeless and unemployed."What our students lack is real-time training in front of real customers. That's what Dignity Food Truck gives them. It gives them real exposure in real-time, made-to-order food," said Anthony Zorbaugh, the executive director of the Source.Chef Henry Restrepo said this is his most important mission in two decades of cooking."We train them for the culinary so they can get their life back," said Restrepo.Money raised goes back into the program.The truck was made possible by a 0,000 grant from the philanthropic group Impact 100."We love the mission. We love the project itself. It fulfills a multitude of needs," said Kristin Rohr with Impact 100.It fills an immediate need for Smith while giving her hope for the future."I would like my own business eventually," said Smith.The Food Truck will be parked at Tropical Scooters along U.S. 1 in Vero Beach on Mondays and Tuesdays.It will be at United Against Poverty Wednesdays and Route 60 Hyundai on Fridays. A Thursday space will be announced in the future.This story was originally published by Jon Shainman at WPTV. 1594
Tropical Storm Isaias formed in the Atlantic on Wednesday night, and it could bring heavy rain and strong winds to Florida. The National Hurricane Center said it is forecasted to become a hurricane Friday or Friday evening.On Thursday, the National Hurricane Center issued tropical storm watches for parts of Florida ahead of the storm.The National Hurricane Center said on Wednesday that the storm could impact Florida by the end of the week and over the weekend. On Thursday afternoon, NHC said it was too soon to determine the location or magnitude of those impacts."Here's the problem, all of our models have shifted east overnight. Except the Euro, which has now shifted the storm back into the Gulf of Mexico," Gree Dee said Thursday morning. "I cannot underscore this enough, this storm track is not set in stone right now."Gov. Ron DeSantis said on Wednesday that he's "closely" monitoring the system. He recommends Floridians be prepared now with at least seven days of disaster supplies ready.Isaias continues to produce life-threatening flash flooding and gusty winds over Puerto Rico. On the forecast track, the center of the storm will move over Hispaniola on Thursday and near the southeastern Bahamas by Thursday night or early Friday.Isaias is forecast to be near the Central Bahamas Friday night and approach the Northwest Bahamas or southern Florida Friday night and Saturday.This story originally reported by Emily McCain on abcactionnews.com 1470
Vice President Mike Pence discussed the National Space Council with entrepreneur and inventor Elon Musk during a trip to California last month, a source familiar with the meeting says.The two powwowed at a Los Angeles hotel one evening while the vice president was in the state for a fundraising swing. The conversation focused on the council, which aims to streamline and coordinate national space policy. Pence leads the panel at President Donald Trump's direction.Musk is one of several business leaders exploring private space travel through his company, SpaceX.Musk quit two presidential advisory councils after Trump announced the United States' withdrawal from the Paris climate agreement.Musk tweeted at the time: "Am departing presidential councils. Climate change is real. Leaving Paris is not good for America or the world."On Friday, the federal government released a congressionally mandated report that found "no convincing alternative explanation" for the changing climate other than "human activities, especially emissions of greenhouse gases."SpaceX has scored a number of lucrative government contracts in recent years. The company is currently fulfilling a .6 billion contract with NASA to send supplies to the International Space Station. It also has an million contract to send an Air Force satellite into space in 2018. Last month, it launched a spy satellite for a US intelligence agency.SpaceX referred questions to the vice president's office. 1482
U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation’s economy largely shut down because of the coronavirus, federal officials reported Wednesday.The drop was driven by less demand for coal that is burned for electricity and oil that’s refined into gasoline and jet fuel, the U.S. Energy Information Administration said.The declines were in line with lower energy usage around the globe as the pandemic seized up economies.Those trends are turning around as commercial activity resumes but the impact has already been profound — including energy companies filing for bankruptcy protection and a forecasted dip in annual U.S. and global greenhouse gas emissions.Overall U.S. energy consumption dropped 14 % during April compared to a year earlier, the energy administration said. That’s the lowest monthly level since 1989 and the largest decrease ever recorded in data that’s been collected since 1973.The largest drop previously seen was in December 2001, after the Sept. 11 attacks shocked the economy and a mild winter depressed electricity demand.Natural gas bucked the trend with a 15 percent increase in use during the April lockdown. More people at home meant more demand for natural gas as a heating fuel, while relatively few homes are heated with coal or oil, said Brett Marohl, who helped produce the energy administration findings.Petroleum consumption fell to 14.7 million barrels a day in April, down almost a third compared to the same period in 2019. Demand already has rebounded some after stay-at-home orders expired and large sectors of the economy started moving again.Led by people resuming some of their old driving habits, particularly in cities, petroleum consumption in June was back up to 17.6 million barrels a day, according to the American Petroleum Institute. But new drilling activity continued to be weak, declining in June for the seventh month in a row to 11 million barrels daily as stockpiles of oil and petroleum products remained near record levels.The spring drop in oil demand coincided with a market collapse triggered by a price dispute between Russia and Saudi Arabia.“While we are not out of the woods yet, we do appear to be headed in the right direction,” said Dean Foreman, the industry group’s chief economist.Coal companies are expected to have an even tougher time recovering from the pandemic, which hit as the coal sector remained on a fairly steady downward spiral since 2007 despite President Donald Trump’s attempts to prop it up.Coal consumption fell 27 percent in April compared to the same period in 2019, to 27 million tons. Most coal produced in the U.S. is used to generate electricity but many utilities have switched to cheaper natural gas and renewable sources like wind and solar.The energy administration projects overall consumption will increase for the rest of 2020 but remain below 2019 levels.___Follow Matthew Brown on twitter: @matthewbrownap 2972