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China encircles Taiwan with military drills, sparking global concern

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Beijing’s latest show of force sends a stern warning to Taiwan, as the US urges restraint amid escalating tensions.

China deployed planes and ships to encircle Taiwan on Monday in military drills that Beijing described as a “stern warning” to what it called “separatist” forces on the island.

The exercises, dubbed Joint Sword-2024B, mark China’s fourth large-scale war game targeting Taiwan in the past two years.

Beijing, which has not ruled out using force to bring Taiwan under its control, conducted these drills in the north, south, and east of Taiwan, focusing on sea-air combat readiness and blockading key ports.

Practicing an assault

The Chinese military’s Eastern Theater Command said the drills also included practicing an assault on maritime and ground targets, with China’s coast guard conducting “inspections” around the island.

Taiwan condemned the exercises as “irrational and provocative,” deploying its own forces in response. The Taiwanese defence ministry stated it is fully prepared to counter any threat to its sovereignty.

The United States criticised China’s actions as “unwarranted” and warned of the risk of escalation, calling on Beijing to act with restraint. Taiwan’s President Lai Ching-te, who has taken a firmer stance on Taiwan’s sovereignty than his predecessor, convened a high-level security meeting to address the drills, describing them as inconsistent with international law.

Tensions between China and Taiwan continue to rise, with China ramping up its military activity around the island in recent years.

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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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