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Why Xi Jinping is moving in on Saudi Arabia relationship

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Reports China’s Xi Jinping is heading to Saudi Arabia this week to cement relation with the Middle-Eastern country

Some unverified reports suggest China’s Xi Jinping is heading to Saudi Arabia this week for the China-Arab summit and China-GCC conference.

Anonymous sources say 14 Arab heads of state will front the “milestone” meeting, as they move to tighten Chinese-Arab relations.

The long-awaited visit comes at a time of high geopolitical tensions.

Saudi Arabia is one of the United States largest allies in the middle-east, but the two are in a heated trade dispute over oil production.

As China now looks to cement its relationship with the nation, potentially treading on the wests toes.

Some suggest China’s motives may be linked to economic benefits from the Middle-Eastern nations.

China has recently been strengthening its communications with Gulf monarchies. It has also become noticeably friendly with American enemies in Iran and Russia.

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

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Business

New York Stock Exchange in free fall

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Human error sends the New York Stock Exchange tumbling

We’ve all made mistakes at the office from time to time, but spare a thought for one worker who may have single-handedly brought down the New York Stock Exchange with just one tiny error.

The mistake of one employee has wiped billions of dollars off the charts for some of the globe’s largest companies.

The individual reportedly triggered wild swings and volatility on the New York Stock Exchange.

A number of big brand names were caught up in the catastrophe. It included McDonald’s, Walmart, and Mobil.

The NYSE eventually came clean. Officials admitted the“root cause” of the screw-up was a “manual error” from a staff member in the backup data centre.

The employee accidentally left the system running.

That’s why some stocks behaved as if trading had already started, with no opening prices being set, sending the market into a meltdown. #trending #featured

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Sport

Bombshell pro-Russian video emerges from Australian Open

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A bombshell video has emerged of the father of tennis star Novak Djokovic, amplifying the Russian controversy the Australian Open

 
Djokovic’s father was seen posing for pictures with a group of Putin supporters after his son won against Russia’s Andrey Rublev, to qualify for his 10th semi-final.

Russian flags have been banned from the Australian Open, but that didn’t stop one fan.

A man was seen holding a Russian flag with Putin’s face on it and wearing a t-shirt with the pro-war ‘Z’ symbol on it.

Four spectators were questioned by police and evicted from Melbourne Park.

After losing her semi-final, Belarusian Viktoria Azarenka hit back at media when pressed on tennis’ relationship with Russia’s war on Ukraine.

She told reporters incidents like Novak’s father posing with Russian fans have nothing to do with players.

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World

FBI Director discusses classified documents as U.S. lawmakers demand answers

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Bipartisan outrage on Capitol Hill as politicians say the Biden administration is stonewalling their quest for answers

FBI Director Christopher Wray is speaking out for the first time after several batches of classified documents were discovered in U.S. President Joe Biden’s Wilmington home and Washington think tank office.

On Thursday, Wray urged lawmakers and officials to be “conscious of the rules” when dealing with classified documents.

The statements appear to be a veiled criticism of President Biden after news broke that some of the classified papers in the President’s possession date back 14-years ago to when Biden was a Delaware Senator raising questions if this is a pattern for the president to mishandle classified information.

Meanwhile, on Capitol Hill, there is bipartisan outrage as lawmakers say the Biden administration is stonewalling them in their quest for answers.

Currently, both Biden and former President Donald Trump are facing special counsel investigations into their mishandling of classified documents—and just this week, former Vice President Mike Pence turned over classified documents to the DOJ.

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