News

“The U.S. is here for you” – Antony Blinken visits Turkey

Published

1 year ago

February 20, 2023

ticker NEWS

U.S. Secretary of State Antony Blinken unveils more funding for the nation following the deadly quake

“The United States is here [for you]” – they’re the words of Antony Blinken, America’s Secretary of State, as he visited Turkey in the wake of the devastating earthquake.

More than 45,000 people have now died, with over a million more homeless.

On his visit, Blinken unveiled an additional $100 million in aid for the nation.

This brings Washington’s total financial assistance to $185 million.

The situation in Turkey remains dire, as emergency extract the dead from apartment ruins.

Reconstruction is expected to cost anywhere from $10 billion to $50 billion, but it could even soar up to $85 billion.

Over 8,000 buildings have been flattened and supply chain infrastructure, including major roads and a sea port, have been severely damaged.

The epicentre of the quake in southern Turkey is a manufacturing and maritime transport hub that is also home to thousands of war-hit Syrian refugees.

After flying over those areas hardest hit, Blinken says “It’s really hard to put into words” what he saw. #trending #featured

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

9 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

News

Will Tesla’s supercharger layoffs eventually payoff?

Published

9 hours ago

May 6, 2024

Nathan Langridge

Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

News

TikTok’s fate in the United States

Published

3 days ago

May 4, 2024

ticker NEWS

TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity