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World leaders are having an emergency meeting – here’s why

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Joe Biden and Xi Jinping will join other world leaders later today for a special summit. The emergency virtual meeting will focus on improving the response to the pandemic in the Asia-Pacific region

The New Zealand Prime Minister – who’s hosting the meeting – says “nobody is safe until everyone is safe”.

Which is why Jacinda Ardern says this virtual gathering of world leaders is so important… with a focus on improving regional efforts to overcome the coronavirus crisis.

Why is New Zealand hosting an emergency meeting – featuring so many prominent world leaders

WELLINGTON, NEW ZEALAND – JUNE 08: Prime Minister Jacinda Ardern speaks to media during a post cabinet press conference at Parliament on June 08, 2020 in Wellington, New Zealand. (Photo by Hagen Hopkins/Getty Images)

Well the nation is this year’s APEC host – and is chairing an online summit of leaders from the Asia Pacific trade group at the end of the year.

Jacinda Ardern says the extraordinary circumstances created by the pandemic warrants an additional meeting.

The Kiwi leaders says”It’s a unique opportunity to get APEC leaders together to discuss how we get our region through the health crisis and accelerate economic recovery”

Ardern says she will be inviting discussion on immediate measures to achieve more coordinated regional action to assist recovery, as well as steps that will support inclusive and sustainable growth over the long term”

APEC is made up of 21 member countries.

Among those attending the special summit – Vladimir Putin, Xi Jinping and Jo Biden.

The virtual meeting of leaders is set to run for two hours. No major announcements are expected. 

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Money

Why is “Stagflation” so significant?

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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