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FCC Chair Brendan Carr denies government influence in Jimmy Kimmel's suspension, attributing it to ratings, despite his earlier calls for action against the ABC host. Disney reinstated the show after a brief suspension, while critics, including Democratic FCC Commissioner Anna Gomez, condemned Carr's actions as government intervention.
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News and Media
China's export engine remains strong, heading towards a record trade surplus by finding new markets in India, Africa, and Southeast Asia. This surge is causing international alarm, with countries weighing the impact on domestic industries against antagonising Beijing.
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News and Media
Asian stocks experienced a slight increase following Wall Street's record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia's investment in OpenAI. While US equities have risen for three weeks, buoyed by the anticipated Federal Reserve rate cut, investors are advised to remain cautiously optimistic.
Category:
News and Media
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