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Summit of unity, as the U.S., Japan and South Korea join forces

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In a strategic move aimed at countering China’s growing influence, the leaders of Japan, South Korea, and the United States are convening this week at the Camp David presidential retreat in Maryland.

This historic summit marks a significant step towards quelling the longstanding animosity between Japan and South Korea, which Beijing has historically exploited as part of its divide and conquer strategy.

The leaders aim to project unity and announce a series of defense, economic, and diplomatic agreements designed to challenge China’s geopolitical dominance.

US President Joe Biden, Japanese Prime Minister Fumio Kishida, and South Korean President Yoon Suk-yeol will gather on Friday for talks aimed at strengthening ties and presenting a unified front.

The leaders are expected to unveil defense cooperation, economic collaboration, and diplomatic initiatives geared towards pushing back against China’s expanding presence in the region.

Christopher Johnstone, a senior fellow at the Centre for Strategic and International Studies (CSIS) and former CIA analyst, remarked, “China, they will certainly not say anything positive and will be very critical of the trilateral statement.

They have always seen the difficulties between South Korea and Japan as a freebie for them, one where they wouldn’t have to work very hard to split the allies. Now that that has been repaired, the Chinese see very little advantage.”

Potential outcomes

While this isn’t the first time the three leaders have met, it is the first standalone summit of its kind, underscoring the gravity of the occasion.

Potential outcomes of the summit, colloquially referred to as “deliverables,” include a collective security agreement, joint military exercises, enhanced communication channels, frequent military dialogues, deeper cooperation in supply chains and emerging technologies, increased people-to-people exchanges, and a commitment to holding trilateral summits on an annual basis.

US Secretary of State Antony Blinken emphasized the importance of the trilateral cooperation, stating, “Strengthening our trilateral cooperation is critical to delivering for our people, for the region and for the world,” after meetings with his Japanese and South Korean counterparts.

China, not taking this development lightly, recently engaged in a three-way meeting with North Korea and Russia’s defense ministers.

It also attempted to foster closer ties with South Korea and Japan, signaling its desire to disrupt the unity of the trilateral group. However, analysts suggest that these efforts might fall short due to the significance of the strengthened alliance.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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