News

China’s Xi Jinping expected to skip next G20 meeting in India

Published

2 years ago

September 1, 2023

Chinese President Xi Jinping is expected to skip the upcoming G20 leaders’ summit in India, dampening hopes for a meeting with U.S. President Joe Biden.

This move could also be interpreted as a slight against host India, indicating China’s reluctance to confer influence on its fast-growing southern neighbour while China’s own economic growth moderates.

Premier Li Qiang is projected to represent Beijing at the September 9-10 gathering in New Delhi, as disclosed by two Indian officials and backed by sources from another G20 nation, according to reports by Reuters.

Spokespersons for the Indian and Chinese foreign ministries refrained from commenting on the matter.

Li is additionally expected to attend an assembly of leaders from East and Southeast Asian nations in Jakarta, Indonesia, from September 5 to 7, as reported by Kyodo.

Initially deemed a possible platform for a Xi-Biden meeting, the India summit aims to mend strained relations between the two superpowers due to trade and geopolitical disputes. President Biden, who has confirmed his attendance, previously engaged with Xi during the G20 summit in Bali, Indonesia, in November.

President Vladimir Putin of Russia has already opted out of the New Delhi summit, designating Foreign Minister Sergei Lavrov as his representative.

A senior Indian government official confirmed that Xi’s absence is anticipated, with Premier Li as the likely substitute. Similarly, sources from China, including foreign diplomats and another G20 country’s government official, indicated that Xi is unlikely to attend the summit.

Although informed by Chinese officials, these sources were not privy to the reason behind Xi’s expected nonattendance.

News

SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Published

3 hours ago

December 12, 2025

Harvey Vargas

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech

News

Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Published

3 hours ago

December 12, 2025

Harvey Vargas

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates

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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Published

3 hours ago

December 12, 2025

Harvey Vargas

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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