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How the U.S President plans to curb the delta variant

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US President Joe Biden has unveiled sweeping new Covid-19 vaccination mandates in a bid to increase vaccination numbers and curb the surging Delta variant

The President has just addressed Americans, announcing a new rule that requires all private employers with 100 or more employees to either mandate vaccines for their workforce or carry out daily testing.

U.S. President-elect Joe Biden, accompanied by Jill Biden (not pictured), elbow bumps nurse practitioner Tabe Mase after receiving a dose of a vaccine against the coronavirus disease (COVID-19) at ChristianaCare Christiana Hospital, in Newark, Delaware, U.S. December 21, 2020. REUTERS/Leah Millis

The regulation will be issued by the Department of Labor’s Occupational Safety and Health Administration “in the coming weeks”, with a likely 90-day grace period.

Around 80 million Americans will be impacted by the sweeping new measure, and it follows reports that Biden also wants to mandate vaccines for federal employees and contractors – covering several more million workers.

This is all part of a six-point plan by the Biden administration to tackle the pandemic and boost the nation’s economic prospects moving forward.

Biden will also call on governors to get all of their states’ teachers and support staff vaccinated and encourage schools to set up testing facilities.

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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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