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Cases rise in US, Biden calls on states to offer $100 vaccine incentive

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As COVID cases in the US rise – President Biden is calling for vaccine incentives

Biden has called for states to offer $100 to new vaccine recipients, in an effort to address flagging jab rates amid virus surges.

The US President also issued a strict new vaccine requirement for US federal workers – the nation’s largest employer with approximately two million people.

The order requires employees to show proof of vaccination or be subjected to mandatory testing and masking

According to official data, just under half of the US is fully vaccinated.

Speaking from the White House on Thursday, Mr Biden said that the new measures are a result of the highly contagious Delta variant’s spread, made worse by a “pandemic of the unvaccinated”.

“People are dying and will die who don’t have to die,”

Biden said

However, the President added that the monetary incentive may seem unfair to already vaccinated Americans, but stated “we all benefit if we can get more people vaccinated”.

States would use money from the $1.9tn American Rescue Plan legislation to fund the incentives.

Mr. Biden said that the federal government will be “fully reimbursing” small or medium-sized businesses that provide workers paid time off to get vaccinated.

While government employees who refuse to get vaccinated will not be fired, this move by the White House aims to set an example for other employers nationwide.

President Biden also addressed theories, spreading mostly in conservative circles, that the jabs are unsafe.

He emphasised there “is nothing political” about the vaccines, which were developed and authorised under a Republican administration and further distributed under his.

Last month, a study showed that over 99% of coronavirus deaths have been among the unvaccinated.

Nearly 70% of adults have received at least one jab.

But vaccination rates are varied across the country. Southern and western regions, which are now experiencing Covid outbreaks, have much lower rates.

It comes as virus-related deaths climb to around 2,000 per week. New cases are now at their highest point in the last three months, with about 60,000 being recorded per day.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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