Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

China describes spy balloon saga as ‘overreaction’

Published

on

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.

Continue Reading

News

Disney cancels Jimmy Kimmel’s show after controversy

Disney suspends Jimmy Kimmel’s show after FCC chair criticises comments on Charlie Kirk’s death

Published

on

Disney suspends Jimmy Kimmel’s show after FCC chair criticises comments on Charlie Kirk’s death

video
play-sharp-fill
In Short:
– Disney has indefinitely removed Jimmy Kimmel’s show after FCC Chairman Brendan Carr’s criticism of his comments.
– ABC station owners plan to drop the show due to offensive remarks made regarding political reactions to Charlie Kirk’s death.
Entertainment giant Disney has decided to indefinitely pull Jimmy Kimmel’s show from the schedule.
It action follows criticism from Federal Communications Commission Chairman Brendan Carr regarding Kimmel’s recent comments.“ABC spokeswoman confirmed the decision on Wednesday,” reported Joe Flint. Several ABC station owners, including Nexstar Media Group, have indicated their intention to drop the show due to Kimmel’s remarks.

Banner

Kimmel, known for his criticism of former President Trump, made controversial statements about political reactions to the death of Charlie Kirk during his Monday night show.

He expressed concerns that some were attempting to exploit Kirk’s death for political gain, specifically mentioning Vice President JD Vance and others associated with the ‘MAGA’ movement.

Remarks Controversy

Nexstar’s president, Andrew Alford, commented that Kimmel’s statements were “offensive and insensitive” and do not represent the views of their communities amid current national discussions.


Download the Ticker app

Continue Reading

News

Starmer plans to recognise Palestine after Trump visit

Keir Starmer to recognise Palestine as a state after Trump’s visit amid escalating tensions and international pressure

Published

on

Keir Starmer to recognise Palestine as a state after Trump’s visit amid escalating tensions and international pressure

video
play-sharp-fill
In Short:
– Sir Keir Starmer will recognise Palestine as a state after Donald Trump’s visit, despite US opposition.
– The UK’s recognition follows internal pressure and a warning from Benjamin Netanyahu about potential security threats.
Sir Keir Starmer will formally recognise Palestine as a state following Donald Trump’s state visit.
The Prime Minister’s announcement is delayed to avoid overshadowing their joint press conference at Chequers. The US has expressed strong opposition to this recognition, with President Trump stating it could reward Hamas.Banner

The recognition comes ahead of the UN General Assembly meeting next week, where several countries, including the UK, are expected to support Palestinian statehood. Yvette Cooper and David Lammy will represent the UK, as Sir Keir will not attend.

Statehood Debate

In July, the Prime Minister stated the UK would recognise Palestine unless Israel agreed to specific conditions, which Israel has rejected. Benjamin Netanyahu condemned Starmer’s impending recognition and warned of potential security threats.

Internal pressure on the Prime Minister is growing, with a significant number of Labour MPs advocating for action.

Cooper has characterised Israel’s actions in Gaza City as reckless, while the government maintains Hamas must disarm and cannot influence the recognition process of Palestine.


Download the Ticker app

Continue Reading

News

Abu Dhabi cancels $30bn Santos takeover bid

Abu Dhabi’s $30bn Santos takeover bid scrapped amid concerns over commercial value and regulatory risks before final offer deadline

Published

on

Abu Dhabi’s $30bn Santos takeover bid scrapped amid concerns over commercial value and regulatory risks before final offer deadline

video
play-sharp-fill
In Short:
– Abu Dhabi’s $30 billion Santos takeover was abandoned just before a binding offer.
– Concerns over commercial value and regulatory issues prompted the withdrawal.
Abu Dhabi’s $30 billion takeover of Santos has been unexpectedly abandoned just 48 hours before a binding offer was set to be made.
The XRG consortium, which includes the state-owned oil and gas operator ADNOC and US private equity partner Carlyle, recently proposed an $8.89 per share offer after months of due diligence.
However, they cited concerns over commercial value as the reason for withdrawing their offer.In a statement, XRG confirmed it would not proceed with a binding offer for Santos but expressed a positive outlook regarding the company’s business.

Santos chairman Keith Spence reassured investors about the company’s strategy and leadership, emphasizing that the board is focused on long-term value.

Banner

Strategic Challenges

Several issues, including regulatory hurdles and potential delays, prompted XRG’s decision. Australian unions raised concerns about the impact of foreign investment on local jobs.

XRG acknowledged the Santos management’s support during the process and expressed hope for ongoing collaboration in Australia’s energy sector.


Download the Ticker app

Continue Reading

Trending Now