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Strategic Alliances in a Shifting Global Landscape

In a world marked by geopolitical tensions and shifting alliances, Russian President Vladimir Putin and Chinese President Xi Jinping have positioned themselves as defenders of a new world order. Their recent meeting in Moscow, coinciding with the 80th anniversary of the end of World War II, underscored their commitment to countering Western influence and promoting a multipolar global system. During the talks, Putin and Xi emphasized their shared vision of international stability, rejecting what they described as "unilateralism and bullying"—a veiled reference to the United States. Xi reaffirmed China's support for Russia, highlighting their strategic partnership and mutual interests in shaping global governance. The leaders also pledged to safeguard the authority of the United Nations and advocate for the rights of developing nations. This alliance comes at a critical time, as both nations face economic and political challenges. Russia continues to navigate Western sancti...

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Stocks rise as 2023 trading wraps up


The stock market has seen a year-end rally, with hopes of a soft landing strengthening and more optimistic reads on 2024 taking hold.

The Dow Jones Industrial Average edged just over the flatline on Tuesday morning, while the benchmark S&P 500 gained 0.1% and the tech-heavy Nasdaq Composite advanced 0.3%. All three major indexes are up by double digits for the year, with the Nasdaq leading the way, boasting year-to-date gains of more than 40%.

In corporate news, shares of Intel rose 2% to kick off the day after the company confirmed it secured more than $3 billion in incentives from the Israeli government to expand to wafer fabrication in the country.


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