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China seeks security deals with Pacific Island countries

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China’s foreign minister is jetting off on a blitz of Pacific Island nations

China is seeking security deals with almost a dozen Pacific Island countries according to fresh reports from Reuters.

The deals will focus on policing, security and data communication.

Reuters reports the nation’s foreign minister, Wang Yi is set to host a meeting in Fiji next week.

One of the nations on China’s list has reportedly voiced concerns saying their intent to control the region “threatens stability”.

David Panuelo, the President from the Federated States of Micronesia (FSM) fears this could lead to a new “Cold War” between China and the West.

Yi will visit eight Pacific island nations that China has diplomatic ties with.

It comes as the nation secured a deal with the Solomon Islands, which drew condemnation from Australia, New Zealand and the US.

Allan Behm from the Australian Institute says “to spend over a week with small island states in the Pacific is a very big investment of China’s diplomatic capital.”

“It’s a dramatic move for China to take.”

Behm says these visits also make people nervous about the future.

“It looks a bit to me like video game diplomacy, a kind of gotcha moment where the size of the visit, that is the length of it, and the surprise of the visit, come together to make people feel a bit nervous about what it’s all for.”

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Meanwhile, Australia’s Foreign Minister will travel to Fiji today to counter China’s influence in the region. 

The country’s newly elected Prime Minister says Australia is an obvious partner for these island nations.

But China says the Solomon’s pact focuses on domestic policing and that any criticism was interference in their decision-making.

In Washington, US State Department spokesman Ned Price said he was aware of the plans.

Foreign ministers will meet next week to discuss the plans.

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Boeing’s bad luck continues following Starliner malfunction

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Long-awaited first crewed test flight of the new Starliner space capsule was called off over a technical issue that launch teams could not resolve in time.

Originally scheduled for liftoff from Florida’s Kennedy Space Center, the mission aimed to demonstrate Starliner’s capabilities and certify it for regular crewed flights to the ISS, as reported by Reuters.

 

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Is Russia planning a sabotage across Europe?

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Intelligence agencies across Europe have issued warnings of a potential plot orchestrated by Russia aimed at sabotaging key infrastructure and destabilising nations.

On this episode of Hot Shots – Russia could be planning a sabotage across Europe, Trump is facing jail, a painting valued over ten million is discovered and Beoing look to ignite the commercial space race.

Ticker’s Ahron Young & Veronica Dudu join to discuss.

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