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

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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.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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