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Joe and Albo already talk the same language | ticker VIEWS

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The morning after the election here, President Joe Biden, in Seoul on the first leg of his first major trip to Asia to engage with the US’s principal allies in the Indo-Pacific, was on the phone to Anthony Albanese:

“President Biden spoke with Australian Prime Minister-Designate Anthony Albanese to congratulate him on his election as Australia’s 31st prime minister. President Biden reaffirmed the United States’ steadfast commitment to the U.S-Australia alliance and his intent to work closely with the new government to make it stronger still. President Biden expressed deep appreciation for the Prime Minister-Designate’s own early commitment to the alliance, reflected in his decision to travel almost immediately to Tokyo to attend the Quad Summit—a vital opportunity to exchange views and continue to drive practical cooperation in the Indo-Pacific. President Biden looks forward to a close partnership between our administrations that will benefit the American people, the Australian people, and the world, starting with consequential meetings in Japan this week.”

Bruce Wolpe on ticker NEWS

The foundations of the alliance are exceptionally strong, capped last year with the announcement of the AUKUS strategic partnership.  

AUKUS ALLIANCE

At any summit meeting between leaders, or when they get on a video call, what becomes so important is the resonance, the chemistry between them. 

That deeper personal chemistry has informed the quality of the ties between several prime ministers and presidents:  Bob Hawke and George H W Bush in the first Gulf War to liberate Kuwait; Paul Keating and Bill Clinton to establish APEC; John Howard and George W Bush on 9/11, the wars in Afghanistan and Iraq, and the US-Australia free trade agreement; Kevin Rudd and Barack Obama to get Australia into the G20;  Julia Gillard and Obama stationing Marines in Darwin and the pivot to Asia; Scott Morrison and Donald Trump in alliance against China and exempting Australia from Trump’s trade wars.  

Tony Abbott and Barack Obama

It has not been all sweetness and light:  Tony Abbott and Barack Obama famously disagreed on global warming, especially on its endangerment of the Great Barrier Reef.  Their discussions were chilly while the globe warmed.

The new PM’s relationship with Biden will have a special dimension.

In Anthony Albanese, Biden will see someone very close to his life experience and values

  • They both come from poorer backgrounds, and they know what it means for families to pull themselves up. 
  • They are both Catholic.
  • They both strongly support unions and good union jobs. Biden is pro-union, pro-worker and pro-manufacturing.  So is Albanese.
  • They are both huge on infrastructure.  It is Biden’s strongest achievement in Congress so far, and Albanese served as Infrastructure Minister for 6 years.  They can talk planes, trains and broadband.
  • Albanese has taken a Biden-style agenda to his campaign.  Biden won office with Build Back Better and Albanese’s hopes are with A Better Future.  
  • They both support policies that have at their core helping working families not only with higher wages and good jobs, but also helping them shoulder the cost of living for childcare, education, medicines, and care for seniors.
  • Labor is simpatico with Biden on climate, electric vehicles and renewable energy.  In fact, an Albanese government can get more enacted on climate than Biden can in this or the next Congress.

Joe and Anthony will find themselves talking the same language.  They already do. When they shake hands, the Prime Minster will say, “Everyone calls me Albo.” And Joe will.

U.S. President Joe Biden hosts a ‘Quad nations’ meeting at the Leaders’ Summit of the Quadrilateral Framework with India’s Prime Minister Narendra Modi, Australia’s Prime Minister Scott Morrison and Japan’s Prime Minister Yoshihide Suga in the East Room at the White House in Washington, U.S., September 24, 2021. REUTERS/Evelyn Hockstein – RC2IWP9759ZQ

At the end of the Tokyo talks, we should expect Biden to invite Albo to Washington, and for the PM to invite the President to come to Australia.  They will want to spend more time together.

Bruce Wolpe is a Ticker News US political contributor. He’s a Senior Fellow at the US Studies Centre and has worked with Democrats in Congress during President Barack Obama's first term, and on the staff of Prime Minister Julia Gillard. He has also served as the former PM's chief of staff.

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U.S. pushes Ukraine toward controversial peace plan with Russia

US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.

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US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.


The United States is pressuring Ukraine to accept a peace plan that would see the country surrender territory and military equipment as part of a negotiated settlement with Russia. The proposal has sparked concern within Kyiv over the potential loss of sovereignty and long-term security.

President Volodymyr Zelenskiy is in Turkey discussing this plan, which may also involve cuts to Ukraine’s armed forces. His visit comes as Washington intensifies efforts under the Trump administration to secure an end to the conflict, despite fears the terms could undermine Ukraine’s national interests.

As Russian forces continue their aggressive campaign, holding roughly 19% of Ukrainian territory, Zelenskiy is attempting to revive peace talks before winter further complicates the frontline. The stakes remain high as the geopolitical landscape shifts.

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#Ukraine #USPolitics #PeacePlan #Zelenskiy #Russia #Geopolitics #WarInUkraine #TickerNews


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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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