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President Biden says NATO stands strong as China, Russia showcase strengthening ties

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The trip to Eastern Europe marks the one-year-anniversary of Russia’s invasion of Ukraine

The Pentagon is concerned over the increasing relationship between China and Russia.

On Wednesday, China’s top diplomat was in Russia laying the groundwork for a visit by President Xi Jinping. The meeting comes on the same day U.S. President Joe Biden traveled to Eastern Europe to show that NATO stands strong.

“Article 5 is a sacred commitment the United States has made. We will defend literally every inch of NATO, every inch of NATO and this is an important moment,” Biden told leaders of the Bucharest Nine in Warsaw, Poland.

In addition to marking the one-year anniversary of Russia’s invasion of Ukraine the aim of the President’s trip was to show the strength of NATO—as China and Russia peers to be teaming up in Ukraine.

Russian officials say they welcome China’s help in Ukraine as the two powers met on Wednesday. Following the meeting Beijing and Moscow declared a no limits partnership.
The meeting comes as China’s top diplomat is ignoring warnings from the United States’ top diplomat.

“Secretary Blinken has had a very candid discussion in Munich with his counterpart Mr. Wang Yi and made clear to him that there would be ramifications and consequences,” said John Kirby, the National Security Council Coordinator for Strategic Communications.

President Biden is jetting back to Washington D.C. leaving behind a new nexus of evil forming abroad as China and Russia are showcasing their close ties on the world stage.

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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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Leaders

Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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