News

Hungary & Poland lose funding battle with European Union

Published

2 years ago

February 17, 2022

ticker NEWS

Hungary and Poland have lost a high-stakes legal battle surrounding funding from the European Union.

This follows the EU moving to enact new standards requiring member nations to comply with so-called “common values” or risk losing access to compensation.

The European Court of Justice held complying with rule of law is a condition of receiving membership of the Union and subsequent funding.

Poland and Hungary are being accused of slipping up on some fundamental standards surrounding the independence of courts, media and non-governmental organisations.

Both nations are also key recipients of European Union funding.

Hungary’s government has slammed the decision, labelling it politically motivated.

If the countries fail to reform, they will likely wave goodbye to billions in funding.

The EU has already frozen COVID recovery money worth €36billion for Poland and €7b for Hungary.

News

Will the U.S. approve MDMA therapy?

Published

6 hours ago

May 15, 2024

ticker NEWS

MDMA is a drug commonly known as molly or ecstasy.

Some medical professionals say it can be helpful for people with post-traumatic stress disorder — which is why a group has been fighting to get MDMA legalized as a prescription drug.

Currently, the U.S. Food and Drug Administration is reviewing an application to use MDMA to treat PTSD. The agency is expected to announce its ruling as soon as August.

Anna Silman, a features correspondent with Business Insider joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #drugs #MDMA #MDMATherapy #business #pharmaceutical

News

Apple responds to crushing iPad Pro criticism

Published

19 hours ago

May 14, 2024

Nathan Langridge

Apple issued an apology following backlash over a recent advertisement for the latest iPad Pro.

On this episode of Ahron & Mike Live – Painted Panda dogs confuse zoo goers, luxury Police cars cruise the roads, Siri meets up with ChatGpt and Apple’s “Crush” iPad ad faces overwhelming backlash.

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Money

Why the meme-stock frenzy is unlikely to repeat

Published

19 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending