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U.S. praises Australia for standing up to “Chinese aggression”

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Chinese aggression

U.S. and Australian diplomats meet in Washington, agree to stand up to what leaders call “ongoing Chinese aggression”

Top U.S. and Australian diplomats have met in Washington and it seems relations between the two nations have never been stronger.

Following today’s talks, it’s been confirmed America will have a greater military presence in Australia. This is in response to what leaders are calling “ongoing Chinese aggression”.

Australia’s Defence Minister, Richard Marles, and Foreign Affairs Minister, Penny Wong, are in Washington. The pair are meeting with the U.S. Secretary of State, Antony Blinken, and Secretary of Defence, Lloyd Austin.

Blinken praised Australia for standing up to Beijing, while pledging to support the country thorough thick and thin.

“We’re increasingly weaving together our alliances in Europe and Asia, in the Atlantic and across the Pacific because the challenges and threats those alliances face are increasingly interconnected, and we’re more effective when we stand and work together,” Blinken said.

It’s the 32nd annual Australia – U.S. Ministerial meeting, also known as AUSMIN.

Leaders are looking to strengthen peace across the Taiwan Strait and address any attempts by China to intimidate other countries through economic coercion.

Defence Secretary Austin believes China is engaging in “dangerous actions throughout the Indo Pacific”.

Austin says Australia and America stand united and determined to be a force for stability.

Following agreements made at today’s meeting, the U.S. will increase the presence of its forces in Australia.

This includes rotations of bomber task forces, fighters, and future rotations of U.S. Navy and Army capability. It will also fill the so-called “capability gap” that will be created when Australia’s current Collins-class submarines are retired.

“We recognise where Australia is and where its capability begins to diminish and of course we will address that in the pathway we create,” Austin said.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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