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IOC ‘respects’ US diplomatic boycott of the Beijing olympics

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International Olympic Committee says it “respects” the United States diplomatic boycott of the Beijing olympics

This comes as The US has confirmed it will not send government officials to the 2022 Winter Olympics due to China’s human rights “atrocities,”

The US press secretary says the move has been prompted by the “ongoing genocide and crimes against humanity in Xinjiang”.

US athletes will still be allowed to compete in the Olympics but the country will not be sending its officials to the event.

White House Press Secretary Jen Psaki said the Biden administration would not send any diplomatic or official representation to the Beijing Games given China’s “ongoing genocide and crimes against humanity in Xinjiang and other human rights abuses.”

“The athletes on Team USA have our full support. We will be behind them 100 percent as we cheer them on from home.”

US correspondent Veronica Dudo

The diplomatic boycott has been encouraged by members of Congress for months, but will it affect the attendance of American athletes?

US correspondent Veronica Dudo

There was no immediate reaction from Beijing, but earlier Monday the Chinese foreign ministry had threatened “resolute countermeasures” if any such boycott were implemented.

Earlier Monday Chinese foreign ministry spokesman Zhao Lijian warned the Games were “not a stage for political posturing and manipulation.”

He vowed that “If the US is bent on having its own way, China will take resolute countermeasures.”

The Winter Olympics will be held from February 4 to 20 in a “closed loop” bubble because of Covid-19 restrictions.

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Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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