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Economic discussions stay silent between US and China

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3 years ago

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The US has no plans to resume official economic discussions with China – continuing the Trump administration’s suspension

Treasury Secretary Janet Yellen and her team are reportedly in touch with their Chinese counterparts but formal high-level talks will not resume at this stage.

This move by Yellen is another indication that the Biden administration is standing firm when it comes to China.

It follows news this week that the States is planning to send out an official warning to American companies based in Hong Kong as new data regulations are rolled out by Beijing.

It appears to be crunch time for companies stuck in the middle of China and the US… in what Biden has previously labelled as the defining battle of the 21st century.

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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The Netflix darling everyone is talking about

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1 hour ago

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April 30, 2024

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Despite initial expectations of a dark comedy, “Baby Reindeer” delves into heavy subject matter.

The series tackles its difficult themes with nuance and care, avoiding preachiness while portraying the complexities of trauma and abuse. It presents a raw and unglamorised depiction of these issues.

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The international Airport set to become world’s largest

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1 hour ago

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April 30, 2024

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Dubai Airports CEO Paul Griffiths highlights the strategic importance of the expansion, solidifying Dubai’s position as a leading aviation hub on the world stage.

The ‘Airport of the Future’ project, approved by Dubai’s ruler Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, will cover 70sqkm and have the capacity for over 260 million passengers and 12 million tonnes of cargo annually. Phase one of the project is expected to be completed within 10 years, accommodating 150 million passengers per year.

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Rapid growth, ambitious expansion plans, financial struggles…

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1 hour ago

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April 30, 2024

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Following bankruptcy proceedings, WeWork embarked on a journey to stabilise its operations, reduce costs, and regain investor trust.

Overall, the WeWork story serves as a cautionary tale of the pitfalls of rapid expansion, unsustainable business models, and the importance of sound governance and financial discipline in the startup ecosystem.

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