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China’s Xi Jinping expected to skip next G20 meeting in India

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Chinese President Xi Jinping is expected to skip the upcoming G20 leaders’ summit in India, dampening hopes for a meeting with U.S. President Joe Biden.

This move could also be interpreted as a slight against host India, indicating China’s reluctance to confer influence on its fast-growing southern neighbour while China’s own economic growth moderates.

Premier Li Qiang is projected to represent Beijing at the September 9-10 gathering in New Delhi, as disclosed by two Indian officials and backed by sources from another G20 nation, according to reports by Reuters.

Spokespersons for the Indian and Chinese foreign ministries refrained from commenting on the matter.

Li is additionally expected to attend an assembly of leaders from East and Southeast Asian nations in Jakarta, Indonesia, from September 5 to 7, as reported by Kyodo.

Initially deemed a possible platform for a Xi-Biden meeting, the India summit aims to mend strained relations between the two superpowers due to trade and geopolitical disputes. President Biden, who has confirmed his attendance, previously engaged with Xi during the G20 summit in Bali, Indonesia, in November.

President Vladimir Putin of Russia has already opted out of the New Delhi summit, designating Foreign Minister Sergei Lavrov as his representative.

A senior Indian government official confirmed that Xi’s absence is anticipated, with Premier Li as the likely substitute. Similarly, sources from China, including foreign diplomats and another G20 country’s government official, indicated that Xi is unlikely to attend the summit.

Although informed by Chinese officials, these sources were not privy to the reason behind Xi’s expected nonattendance.

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U.S. pushes Ukraine toward controversial peace plan with Russia

US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.

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US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.


The United States is pressuring Ukraine to accept a peace plan that would see the country surrender territory and military equipment as part of a negotiated settlement with Russia. The proposal has sparked concern within Kyiv over the potential loss of sovereignty and long-term security.

President Volodymyr Zelenskiy is in Turkey discussing this plan, which may also involve cuts to Ukraine’s armed forces. His visit comes as Washington intensifies efforts under the Trump administration to secure an end to the conflict, despite fears the terms could undermine Ukraine’s national interests.

As Russian forces continue their aggressive campaign, holding roughly 19% of Ukrainian territory, Zelenskiy is attempting to revive peace talks before winter further complicates the frontline. The stakes remain high as the geopolitical landscape shifts.

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#Ukraine #USPolitics #PeacePlan #Zelenskiy #Russia #Geopolitics #WarInUkraine #TickerNews


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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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