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

News

Jens Stoltenberg: “War in Ukraine is consuming an enormous amount of munitions”

Published

on

NATO Secretary-General Jens Stoltenberg has warned that Ukraine is using up ammunition faster than its allies can provide

This is all on the back of Vladimir Putin beginning Russia’s military offensive in Ukraine, as it approaches the one-year anniversary of the war.

Ukraine is reportedly firing around 7,000 artillery shells each day, as it tries to defend territory.

Stoltenberg revealed the wait time for ammunition orders had increased from 12 to 28 months.

“The current rate of Ukraine’s ammunition expenditure is many times higher than our current rate of production. This puts our defence industries under strain,” Stoltenberg said.

“The war in Ukraine is consuming an enormous amount of munitions and depleting allied stockpiles.”

The former Norwegian prime minister said that President Vladimir Putin has already begun Russia’s long-anticipated spring military offensive in Ukraine, “so we must continue to provide Ukraine with what it needs to win and to achieve a just and sustainable peace.”

Continue Reading

News

The EV transformation expands to legacy vehicles

Published

on

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.

Continue Reading

News

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

Published

on

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.

Continue Reading

News

President Biden signs TikTok bill – what’s next?

Published

on

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

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now