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Biden heads to Africa following controversial pardon

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President Biden’s trip to Angola highlights U.S. efforts to counter China’s growing influence through trade and infrastructure investment.

President Joe Biden has embarked on his first trip to Africa as president, heading to oil-rich Angola in a move that underscores America’s push to bolster trade and infrastructure partnerships on the continent.

The visit follows Biden’s signing of a controversial pardon for his son, an action that has sparked political debate back home.

In Angola, the 82-year-old president aims to emphasize U.S. commitments to economic development and investment in Africa, signaling a direct counter to China’s expanding presence in the region.

With Africa emerging as a key battleground for global influence, Biden’s trip reflects the administration’s focus on fostering strategic alliances through infrastructure projects and trade agreements.

Analysts view this visit as a pivotal moment in U.S.-Africa relations, showcasing efforts to compete with China’s dominance while addressing Africa’s growing economic importance on the global stage.

The trip marks a significant step in redefining America’s engagement with the continent.

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Fed rate cut fallout shakes global markets

US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.

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US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.


The US Federal Reserve’s latest quarter-point rate cut has unsettled investors worldwide, sparking debate over whether it signals the start of an easing cycle or a one-off move.

#FederalReserve #Markets #InterestRates #Australia #TickerNews


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Aussie jobs market shows signs of strain

Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.

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Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.


Australia’s labour market is losing momentum, with 5,400 jobs cut in August and participation falling, even as unemployment held steady at 4.2%.

Employment growth has slowed sharply, migration is easing, and the Aussie dollar has dropped after touching an 11-month high.

#Australia #Jobs #FederalReserve #InterestRates #Markets #TickerNews


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Trump threatens TV networks over licences

Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.

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Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.


President Donald Trump has escalated his feud with television networks after ABC suspended Jimmy Kimmel’s late-night show.

Trump suggested broadcasters that he claims are “against him” could face licence revocations.

He argued that networks were “97 percent against me” during the 2024 election and praised FCC Chairman Brendan Carr as “outstanding.”

#Trump #Media #FCC #JimmyKimmel #TickerNews


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