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America’s major move to ‘out spy’ China

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America’s Central Intelligence Agency is reportedly moving to create an Independent Mission Centre for China in a bid to “out spy” Beijing


President-elect Joe Biden announced on Jan. 11 he has chosen veteran diplomat William Burns to be his CIA director. | Evan Vucci/AP Photo

Mission Centres are independent entities but use CIA resources, with previous centres being created for major counterterrorism and intelligence operations.

It follows the Director of the Agency previously saying that China is at the top of his agenda, with the CIA currently positioning itself to reflect the “significance of this priority”.

At his Senate confirmation hearing, Director Burns said he would work tirelessly to combat China’s “predatory” leadership, fearing Beijing’s goal is to replace the US “as the world’s most powerful and influential nation.”

The agency’s Mission Centre may see China specialists deployed to locations around and the advancement of tech-based surveillance.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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People investing heavily in pet health

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Australian pet owners are demonstrating their unwavering commitment to their furry companions, as revealed in a recent survey by Finder.com. The survey, conducted among 1,061 respondents, highlights that 94% of pet owners are willing to spare no expense to ensure the well-being of their pets, with some prepared to spend over $10,000.

On average, Australians are willing to invest $6,219 to safeguard their pets’ health, showcasing the deep bond between humans and animals. While 6% of respondents admit they wouldn’t spend anything on vet bills before considering euthanasia, the majority prioritise their pets’ welfare.

To assist pet owners in making informed financial decisions, Finder has announced the winners of its Pet Insurance Awards for 2024. Bow Wow Meow’s Ultimate Care policy stands out for its exceptional value, offering extensive coverage at an affordable price point.

Highly commended policies include petinsurance.com.au’s Platinum Cover and Coles Pet Insurance, providing comprehensive protection for furry companions.

Investing in pet insurance can provide peace of mind, ensuring that pet owners are prepared for unforeseen medical emergencies without compromising their financial stability.

With policies tailored to various needs and budgets, pet owners can find the right coverage for their beloved animals.

Despite generational differences in spending habits, with Gen Z leading the pack in willingness to invest in pet health, one thing remains clear: Australians’ love for their pets is unwavering, exemplifying the cherished bond between humans and animals.

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ASEAN emerging as new global economic power?

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As global supply chains adapt to the pandemic and heightened US-China tensions, attention shifts to ASEAN’s emerging economies.

Could Vietnam and Indonesia lead ASEAN into becoming a third economic powerhouse alongside China and India? Professor Tim Harcourt of UTS and The Airport Economist on Ticker weighs in.

While debates on ‘deglobalisation’ persist, the question arises: is production truly shifting or merely realigning? Geopolitical uncertainties prompt businesses to diversify their supply chains away from China, a move influenced by both politics and economics. Taiwan, Vietnam, and Indonesia emerge as preferred destinations due to their strategic advantages and growing economies.

Australia’s recent Australian ASEAN Summit highlights the potential gains from closer ASEAN ties, given its vast population of over 640 million. What collaborative opportunities lie ahead?

Professor Harcourt’s upcoming Airport Economist ASEAN series on Ticker promises deeper insights into ASEAN’s economic landscape, revealing its potential as a significant global player.

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Investors assess geopolitical risks amidst tensions

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Amidst a backdrop of geopolitical easing, investors are reassessing their risk strategies to navigate a more tranquil global landscape.

This shift coincides with markets recalibrating expectations around potential rate cuts, resulting in a downturn in stocks.

In the tech sector, all eyes are on US earnings reports this week, particularly those of industry giants whose performance often sets the tone for market sentiment.

Additionally, anticipation mounts ahead of the release of Australian CPI data, scheduled for Wednesday, which promises insights into economic health and potential monetary policy implications.

These developments underscore the need for investors to remain vigilant and adaptable in response to evolving geopolitical and economic dynamics.

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