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Taiwan begins live-fire defence routine

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Taiwan is beginning live-fire artillery drills to simulate a defensive against Chinese forces

After U.S. Speaker of the House, Nancy Pelosi met with her Taiwanese counterparts last week, China launched a series of military drills.

The visit angered China and Beijing has since responded by test launching ballistic missiles over Taiwan’s capital for the first time in history.

China’s Foreign Affairs Ministry has warned China will take strong and resolute measures to safeguard its sovereignty.

U.S. President Biden was asked about the drills and if there is a case for concern.

“I’m concerned they are moving as much as they are. But I don’t think they’re going to do anything more than they are.”

PRESIDENT JOE BIDEN

Taiwan’s Foreign Ministry has condemned China’s actions, and has demanded Beijing to end the drills.

China claims the democratically-ruled island is theirs and can be taken by force if necessary.

“In the face of military intimidation created by China, Taiwan will not be afraid nor back down, and will more firmly defend its sovereignty, national security, and free and democratic way of life.”

TAIWAN FOREIGN MINISTRy

Taiwan’s defence personnel have reportedly detected 39 Chinese aircraft, and 13 navy ships sitting around the Taiwan Strait.

Twenty-one Chinese planes had also entered Taiwan’s air defence zone, which was created by the U.S.

It is unclear what the duration of China’s drills will be.

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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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