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China’s Xi battles domestic and international fires

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Chinese President Xi Jinping is facing challenges on multiple fronts as he grapples with domestic issues and international disputes.

 
At home, Xi is confronted with mounting economic pressures, including rising inflation and a housing market slump, prompting efforts to stabilise the country’s financial sector and bolster the real estate market.

Additionally, Xi is pushing forward with his ambitious goals for carbon neutrality, aiming to transform China into a green and sustainable powerhouse.

On the international stage, Xi is dealing with heightened tensions with Taiwan, where Beijing continues to assert its sovereignty claims. The situation in the South China Sea remains tense, with China’s territorial claims being challenged by neighbouring nations.

Meanwhile, China is actively participating in global climate initiatives, striving to be a leader in the fight against climate change.

These dual challenges require delicate balancing acts and strategic decision-making from Xi Jinping’s administration.

As he seeks to maintain stability at home while expanding China’s influence abroad, President Xi faces a complex and multifaceted leadership test. #featured

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Leaders

Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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Money

Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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