News

Biden rejects Taliban takeover concerns

Published

4 years ago

July 9, 2021

As US troops continue to be withdrawn from Afganistan, US President Joe Biden has rejected claims that a Taliban takeover of the region is “inevitable”

Speaking from the White House, Biden defended his administration’s decision to have soldiers come home, following reports of deteriorating security in the war-torn nation.

The president confirmed that the US military operation will officially conclude on August 31, which is slightly before the initial proposed deadline of September 11.

The US will also begin evacuating Afghans who aided military and security operations as early as this month.

Biden says his country’s military commanders advised him that once the decision to end the war was made, “speed is safety” and the withdrawal had to be “swift”.

In April, Biden announced that he would cease operations in Afganistan and bring an end to America’s longest war

U.S. Vice President, Joe Biden takes the time to talk to more than a hundred airmen and soldiers after the United States Forces-Iraq ceremony in the Al Faw Palace at Victory Base Complex, Iraq, Dec. 1, 2011. The ceremony commemorated the sacrifices and accomplishments of U.S. and Iraqi service members. Vice President Biden shook hands, took pictures and provided each service member a coin.

But some experts are concerned that the lack of support by the US will result in the Taliban gaining increased power.

Most significantly, many fear the terror group will overrun Kabul within months.

But, Biden says Afghans have the right to decide how they want their country to be run… and it’s time for the US to depart.

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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News

Trump’s “very productive” deal: What’s behind the U.S.-China agreement?

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

Published

15 hours ago

May 12, 2025

Ahron Young

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

The United States and China have reached a new agreement amid an intensifying trade war between the world’s two largest economies. This comes after US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held their first in-person talks since the imposition of heavy tariffs on both sides.

President Trump has described the discussions as “very productive,” signaling cautious optimism as financial markets remain volatile and American consumers feel the pinch of rising prices. Secretary Bessent addressed reporters after long negotiations, underlining the urgency both sides felt to de-escalate the stalemate.

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News

U.S. and China strike surprise trade deal

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

Published

15 hours ago

May 12, 2025

Ahron Young

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

In a stunning development amid rising tensions, the United States and China have agreed on a new deal as part of their ongoing trade war.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held the first in-person meetings in years, signaling a potential thaw in relations.

President Trump called the talks “very productive.”

Meanwhile, the UK has managed to score key trade concessions from the US, including on autos, jet engines, and steel—although the benefits may be more symbolic than substantial. Could this deal impact Australia’s trade position?

We unpack the details with Professor Tim Harcourt, Chief Economist at UTS and host of The Airport Economist.

News

Inflation data, earnings reports, and market trends to watch

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

Published

21 hours ago

May 12, 2025

Ahron Young

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

In Short:
Inflation data will be a key focus this week, alongside trade meeting results and important earnings reports. Investors will monitor Fed Chair Jerome Powell’s remarks and various economic indicators, including retail sales and sentiment surveys.

Inflation data set for Tuesday is expected to be a focal point this week.

Investors will also assess the results of recent U.S. and Chinese trade meetings following a quiet Friday that saw stock declines for the week.

On Thursday, remarks from Fed Chair Jerome Powell will be closely monitored as he faces pressure from President Donald Trump regarding interest rate decisions.

Retail sales figures will also be released on Thursday, coinciding with Walmart’s earnings report.

Key earnings announcements this week include those from Cisco Systems, Alibaba Group, Deere & Co., Applied Materials, and Take-Two Interactive.

In addition, consumer and small business sentiment surveys, along with data from the homebuilding and manufacturing sectors, may also draw interest.