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China pledges $31 million in emergency support to Afghanistan

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China has offered $31m USD worth of aid to Afghanistan, as the nation transitions into Taliban control

The funding will pay for necessities including food supplies and coronavirus vaccines.

China’s financial aid comes as Beijing stated just weeks ago that it was ‘ready to maintain communication’ with the new Taliban government.

Beijing added further that the latest establishment of new government is a “necessary step to restore order” in Afghanistan.

KABUL, AFGHANISTAN – SEPTEMBER 07: Taliban spokesperson Zabihullah Mujahid holds a press conference in Kabul, Afghanistan on September 07 2021. Mujahid announced the new government to rule the country. ( Bilal Güler – Anadolu Agency )

The Taliban’s interim cabinet was announced last week, with the country declared an “Islamic Emirate”

The latest developments between the two nations come after US President Joe Biden stated that the U.S is still a “long way off” from recognising the Taliban government.

China has been quick to step in to rebuttal Biden’s comments

Chinese Foreign Minister Wang Yi confirmed that the aid measures for Taliban controlled Afghanistan in a meeting on Wednesday, together with counterparts from several of Afghanistan’s neighbours including Pakistan, Iran, Tajikistan, Uzbekistan and Turkmenistan.

The minister called on these countries to cooperate in helping Afghanistan, adding that China would also provide 3 million vaccine doses to the country.

China has also been vocally critical about the US’ withdrawal, saying its troops had “wrecked havoc” in Afghanistan

A state official said the US had inflicted “serious damage on the Afghan people from the very first day of its invasion to the last minute of its withdrawal”.

“What the US did in Afghanistan over the past two decades is a textbook example which shows us the consequences of wanton military intervention and attempts to impose one’s own ideology and values on others,”

said Foreign Ministry Spokesperson Wang Wenbin.

Officials of the Taliban militant group have described China as Afghanistan’s most important partner and pinned hopes on Chinese investment and the Asian nation’s support to ‘rebuild’ the war-torn country.

Beijing has moved to establish good relations with the militant group

Even before the Taliban took control of Afghanistan, China had invited representatives of the group over for talks in July, offering economic support for Afghanistan but however stressed that the war-torn nation should not be used as a staging point for terrorists.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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