US-China tensions rise as aviation and healthcare deals reshape global power
The US and China have made significant moves in aviation and healthcare, while the US government shutdown and Supreme Court decisions have caused concern. Meanwhile, Tesla shareholders have approved a substantial pay package for Elon Musk.
In the US, the government shutdown has led to flight cancellations, with 40 of the country's busiest airports feeling the impact. Passengers are advised to check their flight status before travelling.
China has launched a new, advanced aircraft carrier, marking a significant step in its pursuit of naval dominance. The carrier, one of the most sophisticated in China's fleet, is expected to bolster the country's military capabilities.
The Trump administration has secured deals with pharmaceutical companies Eli Lilly and Novo Nordisk to reduce the cost of obesity treatments. Starting in 2026, Medicare will cover these drugs, which will be available for as little as $149 per month. Uninsured patients can access them through a new platform called TrumpRx at reduced prices.
The Supreme Court will revisit its decade-old same-sex marriage ruling, sparking concern among LGBTQ advocates. The case, which is considered a long shot, could potentially overturn the precedent set in 2015.
Tesla shareholders have approved a potential $1 trillion pay package for CEO Elon Musk over the next decade. The compensation package is tied to the company's market capitalisation and stock performance.
The US and China have made significant strides in aviation and healthcare, while the US government shutdown continues to impact travel. The Supreme Court's consideration of a same-sex marriage case has raised concerns, and Tesla shareholders have approved a substantial pay package for Elon Musk.