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China fires warning shot at US after Biden holds his longest call with Xi

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This is the leaders fifth call since Biden took office and their longest—highlighting the rising tensions between the world’s two most powerful economies

 

President Biden held his longest call with Chinese President Xi Jinping on Thursday amid tensions between the two world powers.

According to China’s state news agency, President Xi sternly warned President Biden, that Those who play with fire will only get burnt, referring to the U.S.’ involvement in Taiwan’s independence.

The call marked their fifth since Biden took office in 2021 and was the longest that the two have ever shared begging at 8:33 a.m. ET and lasted two hours and 17 minutes, the White House said. The length speaks to the rising tensions between the world’s two most powerful economies.

The U.S. has officially maintained a passive position, insisting it does not support Taiwan’s independence.

The news of the extended phone call comes amid House Speaker Nancy Pelosi’s possible visit to Taiwan, to which Beijing has issued multiple warnings and threats of repercussions.

Taiwan, officially known as the Republic of China, is an island nation off the coast of Asia’s mainland. Taiwan has declared itself independent of the People’s Republic of China and has claimed continuation of governance from pre-revolutionary China.

Chinese government officials have recently demanded House Speaker Nancy Pelosi, D-Calif., cancel a planned trip to Taiwan, saying it is a betrayal of Chinese-U.S. foreign policy agreements.

The People’s Republic of China has long claimed sovereignty over Taiwan and the Taiwan Strait, the relatively narrow strip of ocean between the island of Taiwan and the Chinese mainland. The Chinese military has frequently sent planes into the area, testing Taiwan’s air defense zone.

The White House said the call was a part of the Biden Administration’s efforts to maintain and deepen lines of communication between the United States and the PRC and responsibly manage our differences and work together where our interests align.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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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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