News

Taiwan begins live-fire defence routine

Published

2 years ago

August 9, 2022

ticker NEWS

Taiwan is beginning live-fire artillery drills to simulate a defensive against Chinese forces

After U.S. Speaker of the House, Nancy Pelosi met with her Taiwanese counterparts last week, China launched a series of military drills.

The visit angered China and Beijing has since responded by test launching ballistic missiles over Taiwan’s capital for the first time in history.

China’s Foreign Affairs Ministry has warned China will take strong and resolute measures to safeguard its sovereignty.

U.S. President Biden was asked about the drills and if there is a case for concern.

“I’m concerned they are moving as much as they are. But I don’t think they’re going to do anything more than they are.”
PRESIDENT JOE BIDEN

Taiwan’s Foreign Ministry has condemned China’s actions, and has demanded Beijing to end the drills.

China claims the democratically-ruled island is theirs and can be taken by force if necessary.

“In the face of military intimidation created by China, Taiwan will not be afraid nor back down, and will more firmly defend its sovereignty, national security, and free and democratic way of life.”
TAIWAN FOREIGN MINISTRy

Taiwan’s defence personnel have reportedly detected 39 Chinese aircraft, and 13 navy ships sitting around the Taiwan Strait.

Twenty-one Chinese planes had also entered Taiwan’s air defence zone, which was created by the U.S.

It is unclear what the duration of China’s drills will be.

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

9 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

News

Will Tesla’s supercharger layoffs eventually payoff?

Published

9 hours ago

May 6, 2024

Nathan Langridge

Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

News

TikTok’s fate in the United States

Published

3 days ago

May 4, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity