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Alex J. Rouhandeh
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Alex J. Rouhandeh
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Newsweek Alex Rouhandeh 9/23/21 Newsweek Alex Rouhandeh 9/23/21

Evergrande Shares Jump as China Asks Company to Avoid Near-Term Default

Questions remain over whether Evergrande was able to afford an $83 million debt payment due this Thursday. With 30 days remaining before the firm would default on such a payment, Beijing appears to be looking to prevent major fallout should a collapse occur.

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Newsweek Alex Rouhandeh 9/22/21 Newsweek Alex Rouhandeh 9/22/21

How Evergrande Could Disrupt the Global Economy if Fall Hits China Harder Than Predicted

“If any of these risks do materialize, we would be most concerned about the demand spillovers from a big decline in Chinese construction activity," Capital Economics writes.

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Newsweek Alex Rouhandeh 9/22/21 Newsweek Alex Rouhandeh 9/22/21

As Evergrande Fails, China's Housing Market Could Go Flat—What This Means for Beijing

“If the government can prevent a bubble that collapses, then that just leaves people in a good position," David Dollar, an expert on the Chinese economy, said.

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Newsweek Alex Rouhandeh 9/22/21 Newsweek Alex Rouhandeh 9/22/21

Top U.S. Investors Unfazed By China's 'Lehman Moment' as Evergrande Default Looms

“The U.S. has its challenges in running faster and efficiently, but our model has some important strengths and is relatively resilient," said expert Scott Kennedy.

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Newsweek Alex Rouhandeh 9/21/21 Newsweek Alex Rouhandeh 9/21/21

Armed F-16 Intercepts Small Plane Over NYC After President Biden Addresses U.N. General Assembly

Newsweek Editor-at-Large Naveed Jamali observed a U.S. military jet intercept a small plane over New York City

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Newsweek Alex Rouhandeh 9/21/21 Newsweek Alex Rouhandeh 9/21/21

Who Is Hui Ka Yan, Billionaire Founder of Indebted Chinese Property Developer Evergrande?

Chinese users of the social media platform Weibo have called the former cement factory worker turned property developer "delusional" and "a man who cheats people.”

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Newsweek Alex Rouhandeh 9/21/21 Newsweek Alex Rouhandeh 9/21/21

S&P Says Beijing Unlikely to Step in as Evergrande Steps Closer to Default

“We do not expect the government to provide any direct support to Evergrande," credit analysts from S&P Global Ratings wrote in a report.

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Newsweek Alex Rouhandeh 9/21/21 Newsweek Alex Rouhandeh 9/21/21

Evergrande Boss Says Chinese Company Will Rise From 'Darkest Moment' as Shares Hit Decade-Low

China's second-largest property developer saw its stock open to a 10-year low of 33 cents Tuesday.

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Newsweek Alex Rouhandeh 9/20/21 Newsweek Alex Rouhandeh 9/20/21

Reproductive Health of Detained Immigrants Endangered by Toxic Cleaning Chemicals: Report

“Sometimes, when I'm asleep at night, they've sprayed," said Jean Cleophat, a Haitian man who suffers from asthma and has been detained since late 2020.

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Newsweek Alex Rouhandeh 9/20/21 Newsweek Alex Rouhandeh 9/20/21

U.S. Markets Take Major Dive Amid Potential Collapse of Chinese Property Giant Evergrande

The Dow Jones Industrial Average fell more than 500 points early Monday in wake of Evergrande's continued financial difficulties.

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Newsweek Alex Rouhandeh 9/20/21 Newsweek Alex Rouhandeh 9/20/21

Texas Megachurch Leader: 'No Credible Religious Argument' for COVID Vaccine Exemptions

Jeffres said he and his staff, which oversee his 12,000-member church, "are neither offering nor encouraging members to seek religious exemptions from the vaccine mandates.”

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Newsweek Alex Rouhandeh 9/17/21 Newsweek Alex Rouhandeh 9/17/21

Record Number of Unaccompanied Migrant Children Reported at El Paso Border

The border patrol sector reported encountering close to 21,000 unaccompanied children since the start of the year through August 31.

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Newsweek Alex Rouhandeh 9/17/21 Newsweek Alex Rouhandeh 9/17/21

Immigration Processing Now Takes 6 Times Longer Following Trump Policies

Under the Trump administration's rule, hundreds of small changes were made to U.S. Citizenship and Immigration Services forms that complicated the process.

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Newsweek Alex Rouhandeh 9/17/21 Newsweek Alex Rouhandeh 9/17/21

A Chinese Real Estate Company Could Default on $300B Debt; What It Means for World Economy

It can potentially result in a situation comparable to the bankruptcy of America's one-time fourth largest bank Lehman Brothers

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Newsweek Alex Rouhandeh 9/16/21 Newsweek Alex Rouhandeh 9/16/21

In Afghan Refugee Resettlement, American Finds Bipartisanship, Just 4 States Close Borders

“We owe it to these people who took a chance with us...if some of them want to come to America, I think that's fine with me," Mitch McConnell said.

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Newsweek Alex Rouhandeh 9/16/21 Newsweek Alex Rouhandeh 9/16/21

Ex-Marine to Testify Against Oath Keepers After Pleading Guilty to Capitol Riot Charges

After pleading guilty to conspiracy and obstruction, Jason Dolan has agreed to testify for the government in any of its upcoming trials.

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Newsweek Alex Rouhandeh 9/15/21 Newsweek Alex Rouhandeh 9/15/21

AOC Initiates Plan to Extend Unemployment Insurance Until February of Next Year

“I've been very disappointed on both sides of the aisle that we've just simply allowed pandemic unemployment assistance to completely lapse," she said.

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Newsweek Alex Rouhandeh 9/15/21 Newsweek Alex Rouhandeh 9/15/21

After Gavin Newsom Staves Off Recall, California Officials Announce Reforms to Recall

“At some point they won't dodge the bullet, and a governor will be replaced by someone who had less votes on the same ballot," former Governor Gray Davis said.

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Newsweek Alex Rouhandeh 9/15/21 Newsweek Alex Rouhandeh 9/15/21

When Will COVID Booster Shots Be Available? Timeline for FDA, CDC Approval

Pfizer recently submitted data in its FDA application for the booster, saying it demonstrates proof that a third shot would be safe and necessary for Americans.

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Newsweek Alex Rouhandeh 9/15/21 Newsweek Alex Rouhandeh 9/15/21

SpaceX Launch of 4 Civilians: Who Are They, How Much Training Did They Get?

The fully automated Dragon capsule will carry the four riders, none of who have experience as professional astronauts, to an altitude of 357 miles.

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