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U.S. fears China attack on Taiwan

The Biden administration has concluded that China "is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy," the Financial Times reports.                     

Why it matters: An invasion of Taiwan, the self-governed island claimed by Beijing, would force the U.S. to decide whether to go to war with China to defend an implicit ally.


  • The recent conclusion by the Biden administration is based on Chinese behavior during the past two months a senior U.S. official told FT.
  • After a show of force by Chinese bombers off Taiwan just after President Biden took office, the State Department said: "We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan."

Adm. John Aquilino, nominee to head U.S. forces in the Pacific, warned the Senate Armed Services Committee this week that the threat to Taiwan "is much closer to us than most think," CNN reported.

Adm. Philip Davidson, current head of the U.S. Indo-Pacific Command, testified earlier this month that the Chinese military is building up offensive capability, making the threat to Taiwan "manifest during this decade — in fact, in the next six years."

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Minnesota court rules rape charge doesn't apply if the victim got willingly drunk

The Minnesota Supreme Court on Wednesday ruled that a man who had sex with a woman while she was passed out on his couch cannot be found guilty of rape because the victim got herself drunk beforehand, The Washington Post reports.

The big picture: Minnesota is one of the many states that says that for a victim to be too mentally incapacitated to give consent, they must have become intoxicated against their will, such as if a person secretly drugged someone's drink.

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John Deere wants to streamline its factories by using 5G

John Deere is planning on introducing 5G technology into its factories, including in Iowa.

Why it matters: 5G is expected to streamline operations, ranging from automated parts delivery to even how employees move in the assembly line.

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GameStop stock trading story hits economic, cultural bullseye

A half-forgotten and unprofitable videogame retailer is, bizarrely and incredibly, on the lips of the nation. That's because the GameStop story touches on economic and cultural forces that affect everyone, whether they own a single share of stock or not.

Why it matters: In most Wall Street fights, the broader public doesn't have a rooting interest. This one — where a group of small traders won a multi-billion-dollar bet against giant hedge funds by buying stock in GameStop — is different.

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