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China Communist Party approves amendments to constitution

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Xi Jinping

The Chinese Communist Party on Saturday approved amendments to its constitution, including the so-called “Two Establishes” and “Two Safeguards” aimed at cementing the core status of Xi Jinping.

The amendments were passed by a unanimous vote at the end of the party’s National Congress, which takes place once every five years.

The “Two Establishes” refers to establishing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as an official guide to action for the party, and establishing the people’s congresses system as the country’s fundamental political system.

The “Two Safeguards” refers to ensuring that power is exercised within the framework of the constitution and laws, and ensuring that the party leads all work in China.

The amendments came after months of speculation that Xi would seek to have his name enshrined in the constitution, alongside Mao Zedong and Deng Xiaoping.

That would mean he would enjoy special status among party leaders after he steps down as president in 2023.

However, there was no mention of Xi’s name in Saturday’s vote, with party officials instead referring to his “immortal contributions.”

Xi is currently serving his second five-year term as president, and is also General Secretary of the Chinese Communist Party and Chairman of the Central Military Commission.

He has amassed more power than any leader since Mao Zedong, and has used that power to crackdown on dissent and centralize decision-making within the party.

The Chinese Communist Party’s approval of amendments to its constitution aimed at cementing Xi Jinping’s status shows that he is well on his way to becoming one of the most powerful leaders in China’s history.

With these amendments, Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era will now be an official guide to action for the party, and his name will likely go down in history alongside other great Chinese leaders.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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U.S. approves Nvidia H200 chip exports to China amid tensions

U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.

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U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.


The U.S. Commerce Department has approved exports of Nvidia’s H200 AI chips to China, signaling a cautious compromise in the ongoing technology standoff between the two countries. This decision reflects efforts to balance national security concerns with continued technological collaboration.

Nvidia shares jumped 2% following the announcement, showing investor optimism about the move. Analysts are closely watching how Chinese firms will respond and whether they will aggressively pursue these high-performance AI chips.

Despite the approval, concerns remain about the potential military applications of AI technology. Officials emphasize that the decision aims to protect U.S. interests while navigating complex international tech dynamics.

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#Nvidia #AIChips #ChinaTech #USChina #TechTensions #Semiconductors #H200 #InvestorNews


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Fed faces challenges ahead of Trump’s nominee as rate decisions loom

Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.

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Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.


The U.S. Federal Reserve is entering a critical period as it prepares for President Donald Trump’s upcoming nominee to lead the central bank. Markets are closely watching how the Fed will navigate this leadership transition amid ongoing economic uncertainty.

The Fed’s two-day meeting could result in a modest quarter-percentage-point rate cut. However, future policy decisions will hinge on key economic projections and inflation trends, leaving analysts debating how much room the central bank really has to maneuver.

Trump is pushing for lower interest rates to boost the housing market before the midterms, but this could complicate the next Fed chair’s path. Data delays from the recent government shutdown may also affect the Fed’s decision-making this week, adding another layer of uncertainty.

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#FederalReserve #InterestRates #TrumpNominee #EconomicPolicy #Inflation #RateCut #HousingMarket #MarketUpdate


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Paramount makes $108B hostile bid for Warner Bros Discovery

Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.

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Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.


Paramount has launched a staggering $108.4 billion hostile bid to acquire Warner Bros Discovery, shaking up the media landscape. The proposal, supported by Jared Kushner’s investment firm and Middle Eastern funds, offers $18 billion more in cash than Netflix’s recent $72 billion deal for the same assets.

Warner Bros’ board is currently reviewing the Paramount offer but continues to recommend the Netflix deal. Analysts warn that a merger of this scale could face intense antitrust scrutiny, potentially delaying or even blocking the deal.

Paramount argues that its acquisition would boost competition and provide stronger support for the creative community, promising a new chapter in Hollywood consolidation.

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#Paramount #WarnerBros #HostileBid #MediaMerger #Netflix #HollywoodNews #Mergers #EntertainmentNews


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