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North Korea accuses South Korea, U.S. of ramping up tensions

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The two nations were conducting military drills

North Korea’s foreign ministry has accused the U.S. of “intentionally” ramping up tensions by flying in joint military drills with South Korea.

It follows Seoul and Washington announcing they will be conducting the exercises between March 13 and 23.

There are also reports Kim Yo-jong, the powerful sister of North Korean leader Kim Jong-un, has warned the nation is ready to take overwhelming action against the activities.

It’s believed the younger Kim issued the warning in a statement carried by the North’s state-run Korean Central News Agency – or the KCNA.

Pyongyang says it’s closely watching the military activities of South Korea and the U.S., and is ready to act at any time.

Kim added allies should refrain from actions that further aggravate the situation.

The warning comes amid the increasingly frequent deployments of U.S. strategic assets to the Korean Peninsula, most recently with an air drill over the Yellow Sea on Monday.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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