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China remains high on the agenda at the G7 summit

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Foreign ministers from the Group of Seven wealthy nations have released a strongly worded communique following their first face-to-face talks in two years.


China’s poor human rights record and its economic bullying were at the top of the agenda for the meeting in London.

In a 12,400 word communique, issued following the meeting, the group committed to working collectively to “foster global economic resilience in the face of” what it declares “arbitrary, coercive economic policies and practices.” 

The collective pushback comes after China targeted specific Australian industries, amid a major breakdown in ties between Canberra and Beijing.

G7 nations have also condemned China’s human rights record. The foreign ministers say they are “deeply concerned” by “the targeting of Uyghurs, members of other ethnic and religious minority groups, and the existence of a large-scale network of ‘political re-education camps, and reports of forced labor systems and forced sterilisation.”

Leaders unite at the G7 summit.

Russia has also been criticised by the Group of Seven rich democracies for trying to undermine democracies.

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Despite the foreign ministers strongly condemning China and Russia, the group won’t be taking any concrete action. It will be up to individual countries to decide what action – if any – they would like to take.

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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Will the Fed reserve’s cautious stance tame inflation or stifle growth?

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The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

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Bonza Airlines grounded in financial turbulence

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Navigating uncertainty in Australian aviation

Bonza, a fledgling budget airline, faces uncertainty as it enters voluntary administration, a common occurrence in Australian aviation.

With its sudden cessation of services and aircraft seizure, competition in an industry dominated by a duopoly is disrupted.

Despite transporting over 750,000 passengers within 15 months, regulatory delays hindered its low-cost, low-frequency flight plans until January 2023.

 

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