News
Beijing issues a stark warning to Canberra
Beijing is warning Australia will “bear the consequences” if there are any military disputes in the South China Sea
China’s Defence Ministry says Australia is engaging in “risky” behaviour, as surveillance jets fly near the disputed Paracel Islands.
“What is the duty of a soldier? That is to defend the homeland,” says Colonel Tan Kefei.
The islands are claimed by China, Vietnam and Taiwan.
It comes just weeks after an Australian Air Force was challenged by a Chinese J-16 fighter in the disputed territory.
Australia’s Defence Minister Richard Marles says some aluminium chaff was drawn into the engines of the P-8A Poseidon.
“The J-16 then accelerated and cut across the nose of the P-8 settling in front of the P-8 at a very close distance,” he said.
The aircraft made its way back to its base, and Marles said the crew responded “professionally”.
It’s believed the Chinese jet also fired flares and chaff as a countermeasure.
The Defence Minister said he had communicated his concerns to Chinese authorities over the incident.
But China’s defence spokesperson, Colonel Tan says “those who come uninvited shall bear the consequences.”
Canada has also been in the firing line, as they reportedly carry out U.N. missions near North Korea.
But Chinese authorities believe the jets were monitoring China “under the pretext of enforcing U.N. Security Council resolutions”.
“No matter what the name or excuse is, it is completely unreasonable to send military planes to the door of others to provoke and jeopardise the national security of other countries,” says Colonel Tan.
Australia’s Prime Minister met with Canada’s leader, Justin Trudeau on the sidelines of the NATO Summit in Madrid this week.
News
UPS cargo plane crashes in Kentucky, as death toll rises
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
– A UPS cargo plane crashed in Louisville, resulting in at least four deaths and 11 injuries.
– Investigations are underway, and all departing flights from the airport have been cancelled.
Several people with serious injuries are receiving treatment at nearby hospitals.
The crash affected two businesses in proximity to the airport: Kentucky Petroleum Recycling and Grade A Auto Parts. Grade A Auto Parts confirmed most employees were accounted for, although uncertainty remains regarding customer safety.
Nearby, a Ford Motor assembly plant lost power but was not directly impacted by the crash.
Emergency services have worked to contain a fire resulting from the incident, which required a significant number of responders. UPS has not confirmed details regarding its crew’s condition. Photographs showed the MD-11 engulfed in flames at the Louisville Muhammad Ali International Airport.
UPS operates its primary air cargo facility in Louisville, processing millions of packages daily. The plane’s fuel load of 38,000 gallons contributed to explosions that occurred upon impact with the businesses, prompting significant road closures.
Investigation Underway
The Federal Aviation Administration and the National Transportation Safety Board will conduct investigations into the crash.
In the aftermath, all departing flights from the airport have been cancelled, affecting major airlines including Delta Air Lines and American Airlines.
News
This may be the AI market correction, according to traders
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.
Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.
Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#StockMarket #WallStreet #Nvidia #Bitcoin #AIStocks #MarketCorrection #TickerNews #Investing
News
Dick Cheney dies at 84: The end of an era in American power
Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.
Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.
Former U.S. Vice President Dick Cheney has died at the age of 84, marking the end of one of the most influential — and controversial — political careers in modern American history. Cheney served under four Republican presidents, most notably George W. Bush, where he became known as one of the most powerful vice presidents in U.S. history.
His family confirmed he passed away from complications related to pneumonia and heart disease. Cheney’s decades in Washington were defined by his hardline approach to national security and his role in shaping America’s response to the September 11 attacks.
Even after leaving office, Cheney remained a strong defender of his policies, particularly the 2003 invasion of Iraq. His passing leaves behind a complicated legacy — one that reshaped U.S. foreign policy and continues to influence Republican politics today.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#DickCheney #BreakingNews #USPolitics #IraqWar #WarOnTerror #RepublicanParty #TickerNews #WorldNews
-
Tech3 days agoXi proposes global AI governance at APEC summit
-
News2 days ago
Trump’s shock peace deal as Morocco and Algeria end fighting
-
Property2 days ago
Investors discover 25 top house markets for growth
-
News3 days ago
Ukraine targets and destroys key Russian fuel pipeline
-
News3 days ago
Wall St faces corporate earnings wave amid stock rally
-
Tech1 day ago
Tech giants’ $47 billion AI infrastructure deals announced
-
Leaders2 days ago
Businesses overlook global connectivity amidst rising AI investments
-
News4 days ago
How Gen Alpha are positioned to shape the future of education
