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China concludes military drills around Taiwan

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Fighter jets took off from the deck of a Chinese aircraft carrier

On the final day of military activity around Taiwan, China practised aerial and drills to simulate how they could seal off the water and airspace around the island.

Beijing has now concluded three days of military exercises off the coast of Taiwan – as they look to send a warning to the island’s president after she met with U.S. House Speaker Kevin McCarthy in Los Angeles.

It’s a similar pattern of events to what we saw last year when Nancy Pelosi made a controversial trip to Taipei.

On the last day of combat exercises China deployed its Shandong aircraft carrier – with fighter jets taking off from the deck of the ship.

This was the first time that the Shandong had taken part in these exercises.

This exercise has been ongoing since Saturday, with Taipei detecting numerous ships and jets in the water and skies around the island.

As well as rehearsing blockade procedures, China has also simulated strikes on the island.

China sees Taiwan as its own territory and wants to eventually bring it back under Beijing’s control.

The island is self ruled by its own democratically-elected government.

The response to these drills from Taipei has been muted.

Taiwan’s military says it will respond calmly to these exercises and life on the island has pretty much continued as normal.

It’s likely that Chinese planes and ships will continue to be sent towards the island on a regular basis, but a relative calm should return to the waters and the skies around Taiwan. #trending

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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