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Evergrande Wealth Management staff detained by Chinese police

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Chinese authorities have detained several employees of Evergrande’s wealth management division.

The move comes amidst the ongoing financial crisis plaguing the embattled property giant, China Evergrande Group.

Sources reveal that the police action was taken in response to mounting concerns over the company’s financial irregularities and its inability to meet its debt obligations. Evergrande has been grappling with a staggering debt load exceeding £200 billion, raising alarm bells not only within China but also globally.

The detained employees are suspected of being involved in fraudulent activities related to Evergrande’s wealth management products.

These products, which promised high returns to investors, have come under intense scrutiny as doubts about the company’s solvency grew. Investors have been flocking to withdraw their investments, fearing a complete collapse of Evergrande.

The Chinese government has been taking a more aggressive stance in addressing the Evergrande crisis, aiming to contain potential spillover effects on the broader economy. The detention of the wealth management staff marks a significant escalation in the government’s efforts to hold individuals accountable for the company’s financial mismanagement.

Analysts are closely monitoring the situation, and there are growing concerns about the potential fallout for the broader Chinese property market. Additionally, international investors are keeping a watchful eye on the crisis, given its potential to impact global financial markets.

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NASA’s Artemis II launch: Argentina joins first crewed moon mission in 50 years

NASA’s Artemis II rocket is ready for its first crewed Moon mission in over 50 years, featuring Argentina’s ATENEA microsatellite.

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NASA’s Artemis II rocket is ready for its first crewed Moon mission in over 50 years, featuring Argentina’s ATENEA microsatellite.

NASA’s Artemis II rocket has arrived at Kennedy Space Center, marking the first crewed Moon mission in more than five decades.

The mission will carry a crew of four astronauts on a ten-day journey around the Moon, with a wet dress rehearsal scheduled for February 2 to test all systems.

In a historic moment for Latin America, Argentina’s ATENEA microsatellite will join the Artemis II mission as secondary cargo. Developed through a collaboration of Argentine institutions, ATENEA will collect crucial data on radiation and communications systems in space, making Argentina the only Latin American country contributing to this milestone mission.

The Artemis II mission will also validate life support and spacecraft systems ahead of Artemis III, NASA’s planned crewed lunar landing in 2027. With the SLS rocket and Orion spacecraft now on Launch Pad 39B, excitement is building for this next giant leap in space exploration.

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#ArtemisII #MoonMission #NASA #ATENEA #SpaceExploration #ArgentinaInSpace #SLSRocket #OrionSpacecraft


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Iran warns U.S. retaliation as protest death toll soars — executions feared, nationwide unrest

Iran warns of severe retaliation against U.S. strikes, amid escalating tensions and internal unrest.

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Iran warns of severe retaliation against U.S. strikes, amid escalating tensions and internal unrest.

Iran has issued a stark warning of a severe response to any U.S. military strike, with leaders stressing that military action would be treated as an act of war.

President Masoud Pezeshkian cautioned that attacks on strategic sites or leadership figures could trigger retaliation against U.S. and allied forces in the region — including potential targets in Israel and American bases. These warnings come as tensions between Tehran and Washington escalate amid sustained unrest across Iran.

The backdrop for this diplomatic brinkmanship is a bitter standoff between Tehran and the U.S., with U.S. President Donald Trump publicly debating options for intervention and criticising Iran’s leadership.

Tehran, for its part, has blamed external forces for stoking internal dissent and insists it will fiercely defend its sovereignty.

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#IranProtests #IranUSConflict #MiddleEastTensions #HumanRights #IranDeathToll #ProtestCrackdown #GlobalNews


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EU condemns Trump’s Greenland tariff threats: Trade tensions escalate

Major EU nations criticize Trump’s Greenland tariffs as “blackmail,” risking trade agreements and raising tensions across the Atlantic.

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Major EU nations criticize Trump’s Greenland tariffs as “blackmail,” risking trade agreements and raising tensions across the Atlantic.

Major EU nations are pushing back against President Trump’s tariff threats over Greenland, calling them “blackmail” and raising tensions across the Atlantic. Germany and France are reportedly considering economic countermeasures to respond to the U.S. stance.

Trade agreements with the UK and the EU could be at risk, as these threats put key negotiations in jeopardy. The European Parliament is also expected to pause discussions on the EU-U.S. trade deal, signaling a growing rift.

Meanwhile, British officials insist their position on Greenland is non-negotiable, adding complexity to an already tense situation.

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#TrumpTariffs #Greenland #EUTensions #TradeWars #USPolitics #GlobalEconomy #EUTrade #NationalSecurity


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