The Reserve Bank of Australia slashes its official cash rate to a historic low 0.1%, in an attempt to boost spending in the economy and address the high rate of unemployment caused by the COVID-19 pandemic. It is also expected that the cash rate will not go up for at least another three years. 2020-11-3
In Beijing, authorities arrest Xu Zhangrun, a law professor who published essays strongly criticizing Chinese Communist Party general secretary Xi Jinping over censored academia on the COVID-19 pandemic and accusing him of ruling "tyrannically." 2020-07-6