Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Australian journalist held in harsh conditions awaiting fate of Beijing trial

Published

on

An Australian journalist is being accused of illegally supplying state secrets overseas and could face life in jail if convicted

A Beijing court is holding a trial, but behind closed doors for former TV anchor Cheng Lei.

Her family and friends are advocating for the Chinese-born Australian, who was working for the Chinese state media outlet CGTN prior to her detention in August 2020.

Human Rights Watch, Sophie Richardson, says Cheng has been accused of violating China’s State Secret Laws which are “notoriously problematic” partly because the contents of those laws are themselves state secrets.

“It’s incredibly hard to know what somebody has even been charged with to the extent that while there are fair trial rights, at least on paper in China, almost all of those are suspended in cases like these,” she says.

“And so it really leaves a defendant with almost no ability to successfully defend themselves in a court of law.”

Concerns for Cheng’s wellbeing

Richardson says while Cheng has had contact with consular officials, she is highly concerned with her well being in a Chinese prison.

“They are synonymous with psychological torment, physical ill treatment and especially in a case like this, where you can’t demand or reasonably expect to regularly be able to see a lawyer of your choice or have contact with your family members,” she says.

In a statement from the Human Rights Watch regarding Cheng Lei’s appearance in court, HRW says the Chinese government’s arbitrary detention of Australian journalist Cheng Lei has been absolutely chilling.

“For 19 months, she has been held in harsh conditions on vague “national security” and “espionage” charges—often used to criminalize free speech.  With unpredictable access to consular officials or lawyers of her choice, she is at risk ill-treatment.”

According to the China Justice Observer, in 2019 the conviction rate was 99.965 percent. Even though the statistics don’t fall in Lei’s favour, Richardson is still hoping for a positive outcome.

“Hopefully the Australian authorities will be able to make sufficiently clear to Chinese authorities, what price they will impose if she’s given a harsh sentence,” she says.

What does the Australian government want?

“We just don’t know, but we do know that people across China get prosecuted simply for having views that may be critical of the government or having embarrassed officials in certain ways,” she says.

How can the Australian government help?

Sophie Richardson says Australian authorities should push more broadly for fair trial rights and accountability.

“Whether that is deepening concerns around trade or other kinds of exchanges, whether it’s about limiting certain kinds of diplomatic contact,” she says.

“It’s about pushing broadly, in a venue like the United Nations Human Rights Council for investigations into issues ranging from COVID-19 to crimes against humanity targeting Wiegers,”

High-profile Australian journalist Cheng Lei has been detained in China.

Where does this leave the future of journalism in China?

After Cheng was detained many Australian journalists fled China, leaving the Australian media with hardly any journalists in the country for the first time in 50 years.

Richardson says the extent to which Chinese authorities are cutting people off from the rest of the world is “frightening”.

“Now more than ever, we need to understand what’s going on domestically. Hopefully, they recognise that that’s detrimental to their own interests, and to people across China and they reverse course,” she says.

Cheng was a “trusted person” to “voice opinions” in China according to people who worked with her.

The family has released a statement to Reuters, saying her children and elderly parents “miss her immensely and sincerely hope to reunite with her as soon as possible”

Savannah Pocock contributed to this report.

Continue Reading

News

U.S. approves Nvidia H200 chip exports to China amid tensions

U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.

Published

on

U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.


The U.S. Commerce Department has approved exports of Nvidia’s H200 AI chips to China, signaling a cautious compromise in the ongoing technology standoff between the two countries. This decision reflects efforts to balance national security concerns with continued technological collaboration.

Nvidia shares jumped 2% following the announcement, showing investor optimism about the move. Analysts are closely watching how Chinese firms will respond and whether they will aggressively pursue these high-performance AI chips.

Despite the approval, concerns remain about the potential military applications of AI technology. Officials emphasize that the decision aims to protect U.S. interests while navigating complex international tech dynamics.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Nvidia #AIChips #ChinaTech #USChina #TechTensions #Semiconductors #H200 #InvestorNews


Download the Ticker app

Continue Reading

News

Fed faces challenges ahead of Trump’s nominee as rate decisions loom

Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.

Published

on

Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.


The U.S. Federal Reserve is entering a critical period as it prepares for President Donald Trump’s upcoming nominee to lead the central bank. Markets are closely watching how the Fed will navigate this leadership transition amid ongoing economic uncertainty.

The Fed’s two-day meeting could result in a modest quarter-percentage-point rate cut. However, future policy decisions will hinge on key economic projections and inflation trends, leaving analysts debating how much room the central bank really has to maneuver.

Trump is pushing for lower interest rates to boost the housing market before the midterms, but this could complicate the next Fed chair’s path. Data delays from the recent government shutdown may also affect the Fed’s decision-making this week, adding another layer of uncertainty.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#FederalReserve #InterestRates #TrumpNominee #EconomicPolicy #Inflation #RateCut #HousingMarket #MarketUpdate


Download the Ticker app

Continue Reading

News

Paramount makes $108B hostile bid for Warner Bros Discovery

Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.

Published

on

Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.


Paramount has launched a staggering $108.4 billion hostile bid to acquire Warner Bros Discovery, shaking up the media landscape. The proposal, supported by Jared Kushner’s investment firm and Middle Eastern funds, offers $18 billion more in cash than Netflix’s recent $72 billion deal for the same assets.

Warner Bros’ board is currently reviewing the Paramount offer but continues to recommend the Netflix deal. Analysts warn that a merger of this scale could face intense antitrust scrutiny, potentially delaying or even blocking the deal.

Paramount argues that its acquisition would boost competition and provide stronger support for the creative community, promising a new chapter in Hollywood consolidation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Paramount #WarnerBros #HostileBid #MediaMerger #Netflix #HollywoodNews #Mergers #EntertainmentNews


Download the Ticker app

Continue Reading

Trending Now