UNITED STATES, WASHINGTON (OBSERVATORY VIDEO) — As Hong Kong faces its first recession since the 2008 financial crisis, the city’s embattled leader Carrie Lam says she will focus on housing and land issues as she prepares for a key annual policy address before the Legislative Council.
Months of protests have hit Hong Kong’s economy hard, particularly in the tourism and retail sectors. Plus, Facebook put on a brave face as it officially launched its digital currency project Libra in Geneva.
The meeting came amid an exodus of partners who have abandoned the scheme over regulatory concerns.
—
Online:
This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS VIDEO from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.
Our Standards, Terms of Use: Standard Terms And Conditions.
OBSERVATORY NEWS VIDEO — Breaking news source, real-time coverage of the world’s events, life, politics, money, business, finance, economy, markets, war and conflict zones.
Contact us: [email protected]
Stay connected with News Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.
—
Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.
We are NEWS OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.