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Biden and Xi speak of peace as the G20 Summit begins

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Biden and Xi

Biden and Xi meet in Bali as the G20 Summit commences

It’s finally happened. The leaders of two of the world’s biggest superpowers, Joe Biden and Xi Jinping, have met face-to-face in Bali.

This is the first time the pair have met in person since Biden took office, and it was a warm start to proceedings.

Following handshakes and smiles for the cameras, Biden said both countries should manage their differences and prevent competition from ever becoming conflict.

President Xi was seemingly very much of the same mindset, speaking about wanting to elevate the diplomatic relationship.

Xi also talked about the importance of meeting face-to-face. This is noteworthy considering he’s barely left China since the pandemic started.

Of course, there was plenty for them to discuss some controversial topics such as Taiwan, and the increasing tension between Washington and Beijing.

Russian diplomat arrives in Bali

Meanwhile, Russian Foreign Minister Sergey Lavrov is also in Bali.

There were reports that he’d been hospitalised but these were quickly dismissed by the Foreign Ministry, which called them fake.

Lavrov is in Bali in place of Vladimir Putin, who declined his invitation to attend the summit.

Despite Putin’s absence, there’ll be plenty of talk about the conflict between Russia and Ukraine in the coming days.

One man who has been very strong on Putin and Russia is the new British Prime Minister, Rishi Sunak.

This is the first real major global event for him since he took over from Liz Truss just a couple of weeks ago.

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World

Understanding the “very serious threat of military aggression” from dictatorships

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The U.S. National Security Strategy has outlined the risks of autocratic states

 
U.S. President Joe Biden has not minced his words since he took office.

The U.S. National Security Strategy has outlined the risks autocratic states pose to Washington.

From Russia staging a full-scale invasion of Ukraine, to China’s Xi Jinping winning an historic third term as leader, autocratic states are able to make quick decisions.

But Washington has sought to change that narrative by holding regional dialogues with Pacific Island nations, and African leaders.

The U.S. is also increasing its security and defence in the wake of this perceived threat.

Meanwhile, Russian President Vladimir Putin has criticised aim at the U.S. and its NATO allies for escalating tensions when it comes to the war in Ukraine.

It’s become a proxy war between two great superpowers.

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World

Why are Hollywood writers walking off the job?

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Writers in Hollywood and New York are on strike

Thousands of film and television writers are making their voices heard and pounding the pavement over a labor dispute.

The writers are on strike demanding better working conditions like pay increases in pay and residuals so they can stay in this industry.

Writers in Hollywood and New York are marching in picket lines looking to flex their muscles in an attempt to send a message to producers that they are not happy with what’s being offered.

The Writer’s Guild strike marks their first in 15-years and has sent Hollywood into turmoil, disrupting production.

The walkout comes as traditional TV audiences continue to shrink and the industry grapples with how to transition to the ever-growing popularity of streaming.

After failing to reach an agreement with studios like Netflix and Disney—the Writer’s Guild of America said its leadership unanimously supported a strike.

Seth Schachner from StratAmericas joins us to discuss. #stirke #hollywoodstrike #writers #tv #streaming

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Debt limit dispute: Will America default?

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Can U.S. lawmakers agree on the debt limit before the fast approaching deadline to avoid default?

 
The executive branch and Congress are trying to strike a deal about the debt limit as the country marches closer to defaulting.

But can President Joe Biden and Republicans come to an agreement on fiscal policy in time?

The federal government could run out of money as early as June 1. Without borrowing more there is a risk that the United States will begin defaulting on its financial obligations.

Negotiations between Speaker Kevin McCarthy and President Joe Biden at the White House continue as lawmakers are staring down a swiftly approaching deadline.

The Treasury has been warning that the government would likely default on some bills in June if Congress does not raise the debt ceiling.

Democrats have insisted on raising the debt limit without preconditions. But Republicans say President Biden and the Democrats are playing Russian roulette with America’s economy after a two-year spending binge that brought 40-year high inflation and pushed the nation’s debt to over $31-trillion.

While both sides have agreed that action is needed to reduce the deficit—each have extremely different ideas about how to do it.

Republicans are looking to cut spending levels, while Democrats have called to increase tax revenue from the ultra-wealthy and large corporations.

So, can Washington D.C. politicians broker a deal and prevent the American economy from falling off a cliff?

Mitch Roschelle, Managing Director at Madison Ventures and a Visiting Research Fellow at the University of San Diego School of Business joined us to discuss. #U.S. Politics #Mitch Roschelle #debt ceiling #Capitol Hill #Washington D.C.

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