Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Russia, China warships hold first joint patrols in Pacific

Published

on

Russian and Chinese warships held their first joint patrols in the Western part of the Pacific ocean on October 17 to 23 according to a statement from Russia’s defence ministry

Soraya Ali reports

Russian and Chinese warships have held their first joint patrols in the Western part of the Pacific ocean.

The Russian defense ministry said in a statement on Saturday that the patrols took place from October 17-23.

Moscow and Beijing have cultivated closer military and diplomatic ties in recent years at a time when their relations with the West have soured.

The pair staged naval cooperation drills in the Sea of Japan earlier in October.

The naval maneuvers have been closely watched by Japan which said earlier this week that a group of 10 vessels from China and Russia sailed through the Tsugaru Strait separating Japan’s main island and its northern island of Hokkaido.

The strait is regarded as international waters.

Russia’s defense ministry said in the statement that “The tasks of the patrols were the demonstration of the Russian and Chinese state flags, maintaining of peace and stability in the Asia-Pacific region, and guardianship of the subjects of maritime economic activities of the two countries.”

Reuters

Continue Reading

News

US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

Published

on

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

Banner

Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


Download the Ticker app

Continue Reading

News

Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

Published

on

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


Download the Ticker app

Continue Reading

News

Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

Published

on

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


Download the Ticker app

Continue Reading

Trending Now