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Viral video of China using tanks actually part of military exercise, not bank protest

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A video showing tanks lined up on a road in China has shocked the internet

With over 2 million views, it’s a video showing tanks on the streets in China, that are out to protect the banks.

allegedly, the Henan branch of the Bank of China is declaring that people’s savings in their branch are now ‘investment products’ and can’t be withdrawn, according to reports online.

Ticker NEWS reported this alongside other publishers who sourced this information from social media users and dozens of online publishers.

However, it has been revealed the viral video was falsely claiming a video of military tanks lined up on a street shows the Chinese government protecting banks from angry protesters.

As the camera pans, the tank queue is seen covering the entire block.

This was part of a military exercise that took place in Rizhao, a city along the Shandong coastline.

A staff member at the Ji Hotel’s reception desk confirmed to an Associated Press reporter that the tanks did drive past on July 17, as part of a military exercise that happens every year. She said it was not linked to any bank protests.

This article was updated from ‘China uses tanks to stop people getting their own money from bank’ as part of the publisher’s commitment to fact-checking misinformation due to online social media posts.

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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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News

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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