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5 things to know today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:

1. PRESIDENT TRUMP'S CORONAVIRUS RELIEF RAISES QUESTIONS Critics are asking whether it would give Americans the economic lifeline he claims. And Democratic leaders are calling it a pre-election ploy.

2. EXTREME POVERTY ON THE RISE The World Bank says up to 100 million people globally could fall into the bitter existence of living on just $1.90 a day. Most of them are in sub-Saharan Africa, a region that had some of the world's fastest growing economies in recent years.

3. WHY BIDEN'S VP PICK IS A BIG DEAL Political veterans from both parties report that Joe Biden's pick will shift the focus of the 2020 contest, at least temporarily, away from Donald Trump. The decision also marks a critical window into Biden's decision making.

4. AP WAS THERE: WATTS RIOTS On Aug. 11, 1965, an uprising began in Los Angeles after the drunken driving arrest of a young Black man by a white California Highway Patrol officer. Watts has never fully recovered from fires that leveled hundreds of buildings or the violence that killed 34 people.

5. HONG KONG MEDIA TYCOON ARRESTED Police have arrested Jimmy Lai and raided the publisher's headquarters in the highest-profile use yet of the new security law Beijing imposed on the city in June.

Mother of two Amsale Hailemariam, a domestic worker who lost work because of the coronavirus, stands in her small tent in the capital Addis Ababa, Ethiopia on Friday, June 26, 2020. Decades of progress in one of modern history's greatest achievements, the fight against extreme poverty, are now in danger of slipping away due to the coronavirus and the world could see the first global increase in extreme poverty in 22 years, further sharpening inequality. (AP Photo/Mulugeta Ayene) The Associated Press
FILE - In this July 28, 2020 file photo, Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event at the William "Hicks" Anderson Community Center in Wilmington, Del. Biden will not travel to Milwaukee to accept his party's White House nomination because of concerns over the coronavirus. Party officials confirmed the change in plans on Wednesday. (AP Photo/Andrew Harnik) The Associated Press
Edwin Talavera walks with a ball as he heads back to home after playing soccer with his sister, Samantha, right, in the Watts neighborhood of Los Angeles, Thursday, June 11, 2020. Watts has changed demographically from an exclusively Black neighborhood in the '60s to one that's majority Latino. But it remains a poor neighborhood with high unemployment. (AP Photo/Jae C. Hong) The Associated Press
Hong Kong media tycoon Jimmy Lai, who founded local newspaper Apple Daily, gets into a car after being arrested by police officers at his home in Hong Kong, Monday, Aug. 10, 2020. Hong Kong police arrested Lai and raided the publisher's headquarters Monday in the highest-profile use yet of the new national security law Beijing imposed on the city after protests last year. (AP Photo) The Associated Press
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