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Taiwan warns of potential military incursions from China

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Taiwan’s Defence Minister warns the island needs to prepare for potential Chinese military incursions into close-by territorial areas

Chinese military activity around Taiwan is not uncommon, with regular reports of Chinese planes and ships passing close to the island.

But Taipei is yet to report any incidents of the Chinese military entering the contiguous zone which is an area just over 44 kilometres off the coast.

Taiwan’s Defence Minister, Chiu Kuo-cheng, is now warning that this could happen, possibly in 2023, as tensions in the Taiwan Strait continue to rise.

Last year, Beijing ordered for an increased number of military drills to take place around Taiwan, after U.S. House Speaker Nancy Pelosi visited Taipei.

China is also angered by Taiwan’s close relationship with the United States.

Washington has repeatedly warned about their growing concerns over a potential Chinese invasion of Taiwan in the coming years, with Beijing aims to reassert authority over the self-ruled island.

China has also just announced that it will increase spending on its military by over seven per cent this year, as it responds to what Beijing describes as “escalating” attempts to “suppress and contain China”.

All of this comes against a backdrop of deteriorating relationships between Beijing and Washington, particularly following the spy balloon saga early this year.

The U.S. is also looking to increase its military presence across the Asia Pacific region as it tries to counter the growing strength of China and prepare itself for any potential conflict between Beijing and Taipei.

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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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Oscars move to YouTube in landmark streaming deal from 2029

YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.

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YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.


The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.

YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.

The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.

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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards


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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash

NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.

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NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.


The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.

The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.

With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.

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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews


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