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What do Biden and Trump have in common?

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When it comes to President Joe Biden and former President Donald Trump it’s fair to say there aren’t too many similarities, but there is one.

Biden has expanded the call to continue a ban on new US investments across certain Chinese companies.

The US president signed an order on Thursday US time, naming 59 firms with ties to China’s military or surveillance industry.

The 59 companies include Huawei Technologies and the country’s three largest telecommunications brands.

Wall Street and Capitol Hill are both watching closely.

The ban is already impacting global markets and investors, both Democrats and Republicans have called for a strong stance against China, ranging from issues on trade and human rights.

Interestingly, Biden’s move comes shortly after China’s President Xi Jinping made a call to Chinese officials to create a “trustworthy, loveable and respectable” image for the country.

The President said the country must “make friends extensively, unite the majority and continuously expand its circle of friends with those who understand and are friendly to China.”

Experts suggest the leader is rethinking his global communication strategy.

The amendment to Trump’s original order comes after two Chinese companies successfully challenged it in U.S. court.

Biden’s team made the revisions to ensure they remain in a legally sound position.

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News

Snap elections shake Macron’s government

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What lies ahead for the French government?

Euro Bloch is a comprehensive program designed to highlight the breadth of topics and issues within the EU political landscape. It offers insightful analysis within the evolving framework of relations between the European Union and Australia/Asia-Pacific region.

Hosted by Ticker EU correspondent, Natanael Bloch.

In this episode, Natanael sits down with Ahron Young to discuss the latest developments following the recent French snap elections. #euro bloch #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Money

Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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