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The Kremlin responds to France’s initiative of a Biden-Putin summit

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Moscow has responded to news of a possible summit between US President Joe Biden and Russian President Putin

The Kremlin says that it would be “premature” to organise a summit between the two leaders, as tensions between Moscow and Kyiv continue to escalate.

Ukraine’s foreign minister has welcomed the French initiative for a summit between Biden and Putin, saying Kyiv hopes it will result in Moscow pulling back its troops.

“We welcome this initiative. We believe that every effort aimed a diplomatic solution is worth trying”

France sees ‘diplomatic hope’ to resolve Ukraine crisis

The French Government has for some time hoped to be the mediator in the escalating tensions between Russia and its neighbour, hoping to provide a diplomatic way forward to cool the tensions.

US President Joe Biden has agreed “in principle” to hold a summit with Russian President Vladimir Putin to discuss the crisis over Ukraine

The White House says a summit proposed by France will take place only if Russia doesn’t move forward and invade its neighbour, Ukraine, as tensions continue to boil over.

The planned high-stakes talks could possibly offer a diplomatic way forward, to one of the worst security crises in Europe in decades.

Officials in the United States say that intelligence suggests that Russia is ready to launch a military operation against Kyiv – but Moscow continues to deny the allegations.

The proposal was announced by the French presidency after two phone calls between President Emmanuel Macron and Russian President Putin, which went on for almost three hours in total.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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