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

News

China refuses to sign joint statement condemning Ukraine invasion

Published

on

G20 finance ministers have failed to agree on a joint statement condemning Russia’s invasion of Ukraine

 
This is after representatives from both Russia and China refused to sign the document.

Throughout the last 12 months, Beijing has strayed away from joining other world powers in criticising Moscow’s attack.

Instead, China has looked to remain neutral on the conflict – calling for talks to take place between the two sides as a way to try and make peace.

At a meeting of G20 finance ministers in India over the weekend, Beijing continued with this stance.

They joined Moscow in refusing to sign a joint statement which strongly condemned Russia’s aggression.

This comes just days after China also abstained from voting on a UN resolution condemning the invasion.

China and Russia remain close allies and have improved their economic links in the last year, with Beijing buying up Russian oil and criticising Western sanctions on Moscow.

At the end of last week, as the world marked one year since the start of the war in Ukraine, China released a 12-point plan for peace – calling for a ceasefire of hostilities.

Critics of Beijing noted that this peace plan offered no condemnation of Russia’s invasion.

They also pointed to recent meetings between China’s Foreign Minister Wang Yi and Russian President Vladimir Putin, claiming that China is too pro-Moscow to be truly neutral on the conflict.

All of this follows recent claims from US Secretary of State Anthony Blinken that Beijing is considering the possibility of providing weapons to Moscow – claims which China strongly deny.

Continue Reading

News

SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

Published

on

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


Download the Ticker app

Continue Reading

News

Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

Published

on

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.


The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill


Download the Ticker app

Continue Reading

News

Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

Published

on

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

video
play-sharp-fill
In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.
Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.
Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.Banner

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.


Download the Ticker app

Continue Reading

Trending Now