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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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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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Business

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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