China’s industrial output growth slowed to 5.8% in May, the lowest this year, while retail sales rose 6.4%, driven by an early online shopping festival. The ongoing US-China trade war and declining property investments, with a 10.7% drop in real estate, continue to pressure the economy amid concerns over consumer demand and deflation.
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2,000 more National Guard troops on duty in L.A. as legal battle over deployment continues
The U.S. government will deploy an additional 2,000 National Guard troops to Los Angeles amid ongoing legal disputes over their presence, totaling 4,100 troops and 700 Marines in the area. Local leaders, including California Governor Gavin Newsom and L.A. Mayor Karen Bass, criticize the move as politically motivated and ineffective, especially as the 9th Circuit Court deliberates on the legality of the deployment. Need More Context? 🔎
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