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China describes spy balloon saga as ‘overreaction’

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China has strongly opposed the U.S. approach to the suspected spy balloon that was shot down – describing it as an overreaction

 
They also once again explained that this was a civilian airship that was simply monitoring the weather and was blown astray into US airspace.

These are claims that Washington have disputed.

It has been interesting to watch China’s reaction throughout this affair.

On Friday, when they first admitted that this balloon belonged to them, Beijing were apologetic and said they regretted how it had ended up in US territory.

It was an uncharacteristic approach from China who are usually more aggressive in these statements.

But as time passed, Beijing’s tone changed and they started to accuse U.S. politicians and the media of using this incident as a way of attacking China.

This affair has now renewed tensions between these two global superpowers, with U.S. Secretary of State Anthony Blinken cancelling his much-anticipated trip to Beijing at the last minute.

Although his visit was largely seen as symbolic – as opposed to making any substantive policy breakthroughs – it was still seen as another big step in repairing relations between China and the U.S.

Instead, face-to-face talks have been cancelled and it looks likely that it will now be some time before Secretary Blinken makes the journey to Beijing.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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