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New plan could solve Australia’s Covid vaccine disaster

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The head of Australia’s Covid-19 task force has revealed a bold new plan to ensure employees at major private sector companies are vaccinated.

Big banks, mining companies and other private businesses will all be asked to ensure their employees are fully vaccinated against the virus.

Lieutenant General John Frewen told The Age “it’s not about ripping it apart and rebuilding it, it’s about optimising it to make it go faster”.

It comes as a large proportion of Australian’s wake up under tough lockdown restrictions today in the wake of the highly-infectious Delta variant spreading through the community.

Five months into the country’s vaccination rollout program, only 7.5 million residents have received one dose – and only 1.47 million people are fully vaccinated.

The Australian government has been slammed for lagging behind so many other developed nations.

The Lieutenant-General was brought in by the Australian Prime Minister Scott Morrison three weeks ago to ramp up the vaccine rollout.

He says the private sector will now be brought on board when it comes to administering the Covid jabs.

Millions in lockdown as vaccine debate heats up

Professor Gigi Foster produced a draft cost-benefit analysis for the Victorian Parliament when it comes to lockdowns.

Essentially, the reported analysed the costs of locking down against the projected benefits.

Foster says the argument of trying to balance the economy on one side, and saving lives on the other is all wrong.

She points to the human condition, or happiness, as a cost that should count in the decision-making.

Other costs include long-term impacts to education disruption at all levels, lost businesses, and increased inequality.

So why is the view of an economist so far from where our politicians appear to sit?

Australia makes overnight changes to its COVID-19 vaccination program

Prime Minister Scott Morrison says anyone under the age of 40 can now approach their General Practitioner and request the AstraZeneca vaccine.

It comes after the country’s health authorities suspended the use of AstraZeneca for people under the age of 60.

The Federal Government will also introduce mandatory jabs for aged care workers, and post-quarantine testing.

Australia currently ranks last in the OECD, with under 5 percent of its population fully vaccinated against COVID-19.

It follows the Federal Government’s Intergenerational Report considering the impacts of ongoing lockdowns and closed borders on the nation’s economy.

Australia’s Shadow Treasurer says more needs to be done on the vaccine front, to secure the nation’s future.

Another state in lockdown

Brisbane has become the fourth Australian city ordered into lockdown after two new locally-acquired cases were detected overnight.

South East Queensland, Townsville, Palm Island and Magnetic Island will enter a three day lockdown from 6PM AEST tonight to stop the spread of COVID-19.

Queensland Health are urging all of the 2,500 Magnetic Island residents to get tested, whether they have symptoms or not.

The risk-sensitive Australian dollar

The Australian Dollar is the worst-performing major currency this quarter.

It follows rising COVID-19 cases of the Delta variant, which has sent the nation’s most populous city, Sydney back into lockdown.

But Australia is not alone. In South Africa, tightening of COVID-19 restrictions is reversing the currency’s market-beating gains made in May to the worst emerging-market performance in June.

Market experts believe the new Delta variant remains a severe problem for much of the world and economic forecasts will need to be revisited.

A range of new restrictions and delays to planned re-openings have forced a re-think of the global reflation, hurting the currencies of nations facing outbreaks, and the revival in global trade.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Trump orders Pentagon to resume nuclear testing immediately

Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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In Short:
– Trump ordered the Pentagon to resume nuclear testing, risking global tensions and retaliation from other nations.
– Proliferation concerns are rising as nuclear states modernise arsenals and the New START Treaty nears expiration.
US President Donald Trump has ordered the Pentagon to resume nuclear weapons testing immediately, aiming to align with testing programs from other countries according to the conversation.Resuming explosive nuclear tests would likely trigger retaliatory responses from nuclear-armed nations like Russia and China, worsening the arms race and increasing global risks.

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The potential for worldwide radioactive fallout remains high, even for underground tests. The Comprehensive Nuclear Test Ban Treaty, signed by 187 states, prohibits such testing, yet the US remains a signatory without ratification, bound not to violate the treaty’s intent.

Nuclear weapon testing, once crucial for understanding weapon effects and military planning, has diminished. Since World War II, nuclear tests have largely focused on developing new designs. Significant environmental and health concerns led to a moratorium on atmospheric testing in the early 1960s and the Partial Test Ban Treaty in 1963.

Many countries, including the US, stopped explosive testing in the 1990s. Technological advancements allowed nations to develop nuclear weapons without the need for actual explosions.

Proliferation Risks

Nuclear proliferation continues, with all nine nuclear-armed states investing heavily in modernising their arsenals. This raises concerns about lowered thresholds for using such weapons.

Recent conflicts involving nuclear threats have escalated, and the number of nuclear weapons operationally available has begun to rise again. Russia has tested advanced nuclear weapons, while China is rapidly expanding its military capabilities.

The New START Treaty, which confines the nuclear capabilities of the US and Russia, is set to expire soon, with no successor treaty negotiations underway.

The Doomsday Clock has moved closer to midnight this year, highlighting the heightened dangers facing the world today.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


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