Global tensions, China slowdown casts budget shadow


by @MichaelWestBiz

@MichaelWestBiz— Treasurer Jim Chalmers is warning of softer revenue growth in the federal budget as China’s downturn persists and conflict in the Middle East casts a shadow over the global economy. The Albanese government’s third budget is due to be delivered on May 14, with a second surplus still the goal in 2023/24. However, Mr Chalmers […]

BBC News—Tensions grow as China ramps up global mining for green tech. China has taken big stakes in mines across the world extracting minerals vital to the green economy.

Honolulu Star-Advertiser—Philippines: China coast guard raising tensions in South China Sea. MANILA >> The Philippines on Wednesday accused China’s coast guard of elevating tensions in the South China Sea after two vessels suffered damage from water cannon use by Beijing, an official said.

gCaptain—China Hosts Foreign Naval Officials Amid South China Sea Tensions. By Laurie Chen QINGDAO, China, April 21 (Reuters) – The Chinese Navy on Sunday kicked off a biennial meeting of top foreign naval officials in the port city of Qingdao, in a