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

Money

Airbnb has suspended all operations in Russia and Belarus

Published

on

Airbnb has officially stopped all operations in Russia and Belarus in a new company policy effective from April 4

The choice of the company to pull operations in Russia and Ukraine is in response to Vladimir Putin’s invasion of Ukraine.

Individuals wanting to travel to the two countries will no longer be able to book stays with Airbnb.

Russian and Belarusian residents are also barred from booking accommodation at other Airbnb listings.

Brian Chesky, the co-founder and chief executive of Airbnb, added the Ukrainian flag to his Twitter profile and tweeted about the suspension.

All reservations made after today have been cancelled, with the policy announced following Russia’s takeover of Europe’s largest nuclear power plant a month ago.

Airbnb is also offering short-term housing solutions to those fleeing Ukraine in Poland, Moldova, Romania, Hungary and Slovakia.

Airbnb has partnered with  International Organization for Migration (IOM) for this initiative. Photo: Airbnb

Russia has more than 93,000 listings on Airbnb and Belarus almost 4,000, according to AirDNA.

Airbnb joins a list of companies that are pausing operations in Russia, including Ikea, Apple, Netflix, H&M, Burberry, BMW, Mercedes-Ben and many others.

Amanda Gunn contributed to this report

Continue Reading

Money

Will Australia’s foreign investment rule create an economic boost?

Published

on

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Continue Reading

Money

Research key to investment success

Published

on

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Continue Reading

Money

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

Published

on

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

Continue Reading

Trending Now