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

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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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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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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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