May 27, 2018

China rebukes U.S. for sailing Navy warships in South China Sea

A Chinese PLA Navy fleet taking part in a review in the South China Sea last month. Photo: VCG/VCG via Getty Images

China blasted the U.S. on Sunday for sailing two Navy warships into an area of the South China Sea claimed by Beijing — a move that comes amid strained U.S.-China relations over trade as President Trump seeks cooperation on North Korea, reports the Wall Street Journal.

What they’re saying: The U.S. move was a "freedom of navigation operation," designed to purposefully test China's claims in the sea, per the WSJ, prompting Chinese foreign and defense officials to express “firm opposition” to what they characterized as a violation of sovereignty. The long-disputed area has become a recent hotspot between the U.S. and China with the Trump administration also threatening consequences for increased Chinese activity in the area.

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House Democrats lose appeal to force McGahn testimony

Photo: Alex Wong / Staff

Democrats in the House lost an appeal to force former White House Counsel Don McGhan to comply with a subpoena, Politico was the first to report.

Why it matters: McGahn was seen as a crucial witness in the House investigation into whether President Trump tried to obstruct the Mueller inquiry. The U.S. Court of Appeals for the District of Columbia Circuit ruled 2-1 on Friday that it court did not have the authority to resolve the dispute between the executive and legislative branches.

The Americans who can't hide from coronavirus

Illustration: Eniola Odetunde/Axios

The stock markets are in bad shape, but for the millions of Americans who aren’t invested in stocks, coronavirus is presenting a far more imminent concern.

Why it matters: Quarantines usually work with at least 90% participation, but many Americans lack the flexibility to work remotely, take a sick day or absorb having schools close.

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Wall Street notches worst week for stocks since 2008

Traders work on the floor of the New York Stock Exchange. Photo: Scott Heins/Getty Images

Stocks closed down about 1% on Friday, ending the worst week for Wall Street since the financial crisis.

Why it matters: The stretch of declines came after a spike in coronavirus cases around the world earlier this week. The steep losses prompted questions about the fate of the record-long economic expansion, as well as a rare statement from the Federal Reserve.

Go deeper: The growing coronavirus recession threat