Australia to Boost Defense Spending Amid U.S. China Tensions
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Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - Politics - China -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
Taiwan's new president urges China to stop its 'intimidation' and 'choose dialogue over confrontation'
Taiwan's new President Lai Ching-te urged China to stop its hostile political and military threats against the island and work toward regional peace on Monday.CNBC - Business - China -
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.The Wall Street Journal - World -
China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inauguration
China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inaugurationABC News - World - China -
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world's total military expenditure.CNBC - Business -
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China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
The quiet Japanese island paradise on the frontline of growing Taiwan-China tensions
Yonaguni is a tourist hotspot – but its location just 100km from Taiwan means residents must wrestle with the creeping militarisation of their home. In the minds of many Japanese people, Yonaguni is a sleepy paradise of crystal-clear sea and ...The Guardian - World - China -
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.
Trex, a maker of weatherproof decking, will invest $450 million to boost capacity and give the company a firm footing in the South, bucking forecasts for a decline in home-improvement spending.The Wall Street Journal - World -
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Last pandas in the U.S. are going back to China
The last pandas in the U.S. --four at Zoo Atlanta -- will soon be heading back to China this fall as a loan agreement expiresCBS News - Top stories - China -
The U.S. Finally Has a Strategy to Compete With China. Will It Work?
The strategy, which took seven years to come together, is a three-legged stool consisting of tariffs, security restrictions and tech subsidies.The Wall Street Journal - World -
Last pandas in the U.S. have a timetable to fly back to China
Atlanta received Lun Lun and Yang Yang from China in 1999 as part of a 25-year loan agreement that will soon expire.CBS News - Top stories - China -
Australia Shares Set for Opening Wobble
Australia’s S&P/ASX 200 looks set for an opening wobble following a mixed lead by U.S. equities.The Wall Street Journal - World - Australia -
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.
Smaller European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught.The Wall Street Journal - World - China -
New spending fight emerges
Business & Economy The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal ...The Hill - Politics -
Row erupts over portraits of Australia's richest woman
Gina Rinehart's campaign to have two portraits removed has sparked debate about art and censorship.BBC News - Top stories -
Australia unleashes rent and energy relief as inflation bites
Cost of living crisis divides country between homeowners and rentersFinancial Times - World - Australia -
Death of Iranian President adds to tensions in Middle East
Also in this newsletter: ICC seeks Israel and Hamas arrest warrants, Taiwan president’s tough task, US female executive numbers fallFinancial Times - World - Iran -
Spurs fly to Australia hours after final PL game
Tottenham boarded a plane to Australia for a post-season friendly just hours after the final match of their Premier League season on Sunday.ESPN - Sports - Australia -
The areas England must improve to take Australia's T20 crown
BBC Sport and data providers CricViz look at the pressing issues surrounding England's T20 side as they build towards this autumn's T20 World Cup in Bangladesh.BBC News - Top stories -
We're Spending Billions on This Work-From-Home Indulgence
Without the boss nearby, who can resist placing that Amazon order?The Wall Street Journal - World -
Downtown Restaurant Spending Drops in Weekday Lunch Crunch
Data frompayment companySquare showrestaurants in business districtsare losing middaybusiness to inflation and hybrid work policies, but many customers nowspendmore on weekends and at happy hour.Inc. - Business -
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Is This the Week Microsoft Unveils its AI-Boosted PCs?
Ahead of a closely watched developers' conference, the tech giant is touting a special event on Tuesday. If Redmond-watchers are correct, newPC operating systemsmeanyou can expect your computing experience to change soon.Inc. - Business - Microsoft -
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2024 Defense rankings for fantasy football
The Yahoo Fantasy football analysts reveal their first defense rankings for the 2024 NFL season.Yahoo Sports - Sports - Fantasy Football -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
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McConnell, Collins on collision course with Democrats over spending parity
Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand to ...The Hill - Politics -
Is Hunt right that Labour’s spending plans would leave a £38bn black hole?
Labour criticises a dossier released by the Conservatives that adds up how much their spending commitments would cost.BBC News - Top stories -
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Congress sets stage for ‘side deal’ spending fight with White House
Congress is setting the stage for another partisan government-funding fight, as conservatives look to chip away at a previous “side deal” struck between Speaker Kevin McCarthy (R-Calif.) and the White House aimed at boosting nondefense dollars. ...The Hill - Politics -
2 Liberal Groups to Spend $5 Million on State Supreme Court Races
The National Democratic Redistricting Committee and Planned Parenthood Votes are joining together to help their preferred candidates for 2024 as state-level party battles gain steam.The New York Times - Top stories -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
Are consumers pulling back on spending? It depends which CEO you ask
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.NBC News - Top stories -
Pro-Israel groups ramp up spending against Republicans
Pro-Israel groups have often engaged in Democratic primaries, but are now increasingly targeting Republicans who have opposed aid to Israel in its war with Hamas.NBC News - Top stories - Israel -
Team captain and two other players arrested over alleged soccer match-fixing in Australia
Australian professional soccer has been rocked by accusations that the captain of A-League club Macarthur FC paid two younger teammates up to 10,000 Australian dollars ($6,600) to deliberately receive yellow cards in a scheme set up by a South ...ABC News - Sports - Australia