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Second Chinese warship heads to Australia’s coast

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A second Chinese spy ship is heading towards Australia’s east coast as a major military exercise in the Pacific gets underway.

Australia’s Sunday Herald Sun is reporting the hi-tech surveillance ship Haiwangxing will join its sister ship in the coming days.

Earlier this week, the Tianguanxing was spotted in waters off Queensland.

It is the first time China has sent more than one ship to monitor the Talisman Sabre war games.

The Talisman games are Australia’s largest biennial training collaboration with the U. It began last Wednesday and runs until August.

It comes as the US sends the stealth F-22 fighters to the Pacific for the Games.

The Chinese spy ship spotted off the coast of Australia.
The Chinese spy ship spotted off the coast of Australia.

It’s believed the Chinese ships will remain outside Australian territorial waters throughout the games.

Defence Minister Peter Dutton says: “We are aware that a second People’s Liberation Army (navy) General Intelligence Ship, the Haiwangxing (AGI-792) is approaching Australia’s east coast via the Solomon Sea.”

WATCHING CLOSELY

Earlier in the week, Australian PM Scott Morrison said the government was watching the Chinese ship, Tianguanxing closely.

“The Haiwangxing, like it’s sister ship the Tianguanxing, has acted lawfully during it’s transit and we expect it to continue to do so,” Mr Dutton said.

The two vessels did not travel to the area together and approached on different routes several days apart.

As part of the Talisman Sabre exercise last week the US Army fired a Patriot missile in Australia for the first time.

https://twitter.com/TalismanSabre/status/1416212175522312196?s=20

The current training operation is the ninth iteration of the Talisman Sabre exercise.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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