News

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

Published

3 years ago

July 29, 2022

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.

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Veronica Dudo

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.

Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

Published

11 hours ago

December 2, 2025

Harvey Vargas

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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News

Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Published

11 hours ago

December 2, 2025

Harvey Vargas

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews

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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Published

12 hours ago

December 2, 2025

Harvey Vargas

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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