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U.S. delivery of fighter jets to Taiwan delayed

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It’s the largest deal of its kind in Asia as the island nation attempts to strengthen its defences in the face of Chinese agression

Taiwan says the delivery of 66 advanced new fighter jets from the United States has been delayed.

The nation’s defence minister says the delay is due to supply chain disruptions and the ministry is working to minimise the damage.

In 2019, the U.S. approved an $8 billion sale of fighter jets to Taiwan, a deal that will take the island’s fleet to more than 200.

This is the largest deal of its kind in Asia as the island nation strengthens its defences in the face of increasing Chinese aggression.

The first of the new jets was meant to be delivered in the fourth quarter of this year but that has been delayed to the third quarter of next year due to pandemic-related supply chain disruptions.

Taiwan has since asked the United States to “make up the deficiency”, by prioritising spare part deliveries for its existing fleet.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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