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U.S. Coast Guard imposes temporary security zone in waters

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3 years ago

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The U.S. Coast Guard has imposed a temporary security zone in waters off South Carolina during the military’s search and recovery of debris from a suspected Chinese spy balloon that a U.S. fighter jet shot down

 
The White House said the balloon’s flight over the United States had done nothing to improve already tense relations with China.

Beijing condemned the shooting down of the balloon and urged Washington to show restraint over the episode. White House national security spokesperson John Kirby told reporters: “Nobody wants to see conflict here.”

U.S. Secretary of State Antony Blinken postponed a planned February 5-6 visit to China because of the balloon’s flight into U.S. airspace last week.

It was shot down off the Atlantic Coast on Saturday.

The trip to Beijing would have been the first by a U.S. secretary of state since 2018 as the United States and China have sought to mend ties that have been under severe strain over a range of disagreements, including U.S. attempts to block Chinese access to some cutting-edge technologies.

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December rate cut all but locked in

Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews

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16 hours ago

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October 29, 2025

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Australia’s economy struggles; rate cut impending but signals deeper issues, not recovery. #RBA #InterestRates #FinanceNews


Australia’s economy is losing steam, with weak consumer confidence, falling job ads, and a struggling construction sector, a December rate cut now seems inevitable. But it won’t be a win, it’ll be a warning.

#RBA #InterestRates #AustraliaEconomy #Inflation #Growth #Recession #FinanceNews #CPI #Economy #RateCut


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Meta and Amazon signal ‘AI efficiency era’

Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.

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16 hours ago

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October 29, 2025

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Meta and Amazon cut jobs to enhance automation, signaling the start of a new AI discipline era.


The AI boom is shifting gears, Meta and Amazon are cutting jobs to boost automation, profitability, and focus.

Analysts say this marks the dawn of an AI discipline era.

#AI #Meta #Amazon #BradGastwirth #BigTech #Automation #TechJobs #AIRevolution #EfficiencyEra #FutureOfWork


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Trump signals trade deal with China nearing

Trump claims a China trade deal is nearing completion amid new agreements across Asia.

Published

17 hours ago

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October 29, 2025

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Trump claims a China trade deal is nearing completion amid new agreements across Asia.


President Donald Trump says a trade deal with China is close as he finalises new agreements across Asia.

Talks with Xi Jinping are expected to deliver key breakthroughs in trade and diplomacy.

#Trump #China #TradeDeal #USAsia #XiJinping #Economy #Diplomacy #TradeTalks #WhiteHouse #GlobalMarkets


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