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Nancy Pelosi meets with Taiwanese President

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U.S. Speaker of the House Nancy Pelosi meets with Taiwanese President Tsai Ing-wen

U.S. Speaker of the House Nancy Pelosi’s meets with Taiwanese President Tsai Ing-web as tensions with China soar.

Pelosi’s visit to Taiwan has created a storm of controversy, and captivated the world’s attention.

The third highest-ranking American official is leading a Congressional delegation on a tour of the Indo-Pacific.

Pelosi has scheduled stops in Singapore, Malaysia, South Korea and Japan.

But it’s the unannounced visit to Taiwan— the independently governed Island—that’s stealing the spotlight.

Word of Pelosi’s trip did not sit well with China, as Beijing views Taiwan as part of its territory.

China considers any trip by a high-ranking American official as confirmation of U.S. support for the Island’s independence.

The U.S. does not have official relations with Taiwan — also known as the Republic of China — and maintains a One China Policy.

This policy recognises the People’s Republic of China as the legitimate successor nation.

However, America has been stepping up engagement with the Island as China seeks to isolate it from global institutions.

Shortly after Pelosi touched down, the Taiwan Bureau of Foreign Trade confirmed China  suspended imports from Taiwanese companies. 

The companies produce pastries, baked goods and sweets and the suspension appears to be a retaliatory policy meant to put pressure on the island.

The Chinese military posted a propaganda video of its troops launching missiles, grabbing weapons, and taking off in fighter jets ahead of the Speaker’s visit to the region.

Back in Washington, the Pentagon’s John Kirby said Pelosi’s visit to Taiwan doesn’t violate any sovereignty issues.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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AI shake-up hits classifieds: Rightmove and REA face market threats

AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.

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AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.


AI is sending shockwaves through the classifieds market, wiping billions from valuations and raising questions about the future of major players like Rightmove and REA Group. Investors are now closely watching how technology like ChatGPT could reshape the way online classifieds operate.

Experts weigh in on how AI could disrupt traditional business models, and what companies must do to stay competitive in a rapidly changing landscape. From adapting strategies to embracing innovation, the classifieds industry faces pivotal choices in the age of artificial intelligence.

We speak with Darren Woolley on the potential risks, investor reactions, and strategies that could determine which companies survive—and which might thrive—amidst this AI-driven transformation.

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#AIImpact #Rightmove #REAGroup #Classifieds #TechDisruption #ChatGPT #MarketTrends #DigitalInnovation


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Private sector jobs fall as ADP reveals major slowdown in November

ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.

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ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.


ADP has revealed a surprise decline of 32,000 private sector jobs in November, signalling renewed pressure across the labour market. Small businesses in particular have been hit hardest, raising fresh concerns about resilience heading into the new year.

Economists warn that slowing hiring momentum and weakening pay growth point to a broader shift in worker demand. With consumers increasingly expecting unemployment to rise, sentiment across industries continues to cool.

The market now turns its attention to the upcoming Bureau of Labor Statistics report, which will offer a crucial read on whether this slowdown is temporary—or a sign of something much larger.

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#ADP #JobsReport #LabourMarket #EconomyNews #SmallBusiness #HiringTrends #Wages #TickerNews


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Australia warned of major electricity price surge without faster renewable rollout

Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.

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Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.


Australia’s energy watchdog is warning that households could be hit with a 13% jump in electricity prices early next decade if renewable energy projects don’t accelerate. The Australian Energy Market Commission says the next five years will be critical to boosting clean generation and battery storage.

While a modest 5% drop in power bills is expected over the short term, delays in wind projects and transmission updates could see prices climb by as much as 20%. Energy Minister Chris Bowen also cautions that extending the life of ageing coal plants could push costs and pollution even higher.

Experts say that faster renewable construction could cut future prices by up to 10%, and that widespread electrification could transform long-term household savings.

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#EnergyAustralia
#ElectricityPrices
#RenewableEnergy
#AEMC
#PowerBills
#CleanEnergyTransition
#AustraliaNews
#EnergyPolicy


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