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

News

Australia hits vaccine milestone as 13 million remain in lockdown

Published

on

Australia has hit a key target in its fight against the pandemic

The nation’s Prime Minister announced that one million vaccinations were administered in the past week, but the rollout remains two months behind its original schedule.

Scott Morrison revealed the milestone at a press conference from the Lodge this afternoon.

“Today, with the most recent seven days’ data, we finally hit that mark of a million doses in arms in a week,”

The latest figures put yesterday’s vaccination doses at close to record numbers, with 174,589 vaccines given.

Extra Pfizer lands on shore

One million extra doses of the Pfizer vaccine have landed into the nation and is hoped to speed up the rollout.

“I take responsibility for the problems that we have had but I am also taking responsibility for the solutions

The Prime Minister acknowledged “significant challenges” in the early stages of the nation’s vaccination program, but refused to apologise for his failure to meet his own government’s vaccination targets.

He addressed the government’s decision to use AstraZeneca as its primary vaccine, pointing to anticipated difficulties in distributing Pfizer at sub minus-70 degree temperatures across remote Australia.

Politicians are calling for the return of JobKeeper

With lockdowns continuing into the foreseeable future, Politicians are urging for JobKeeper payments to return for those in need.

“A wide range of people are calling the Government to revisit JobKeeper.”

Stephen jones, Australian shadow minister finance

What is JobKeeper and can Australia afford to bring it back?

JobKeeper is a support payment to those affected or out of work during the lockdown. The JobKeeper Payment assists the employer to continue operating by subsidising all or part of the income of their employee.

If an employee would otherwise receive less than $1,500 in income per fortnight before tax, their employer must pay their employee, at a minimum, $1,500 per fortnight before tax.

With the Australian economy already devastated by the pandemic, questions remain whether the Government can afford to bring JobKeeper back.

Jones says it will cost more not to.

A message to the Morrison Government

The vaccination rollout is key to Australia moving through its four-phase recovery plan. The Government has given no exact details on when the transition between the phases is going to happen.

Jones is urging the Morrison Government to put politics aside and help the Australian people.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Ukraine faces tough choices amid us-russia peace talks

Ukraine faces tough choices amid U.S.-Russia secret peace plan negotiations, potentially demanding significant concessions from Kyiv

Published

on

Ukraine faces tough choices amid U.S.-Russia secret peace plan negotiations, potentially demanding significant concessions from Kyiv

>

In Short:
– Ukraine faces challenges with a U.S.-Russia peace plan requiring major concessions to Moscow.
– Senior U.S. officials are in Ukraine discussing conflict resolution amid concerns over Ukrainian input.

Ukraine faces challenges amid reports of a U.S.-Russia peace plan to end the war, potentially involving major concessions to Moscow.Senior U.S. military officials are currently in Ukraine for discussions aimed at ending the conflict. The visit follows reports suggesting that Washington and Moscow developed a 28-point peace plan without Ukrainian input.

Banner

The plan reportedly includes territorial concessions in eastern Donbas, limitations on Ukraine’s military capabilities, and a substantial reduction in armed forces. Some reports suggest that Russia could control the Donbas while Ukraine retains legal ownership, with payment arrangements in place, but these claims remain unverified.

A senior Ukrainian official indicated that Kyiv received signals regarding U.S. proposals but was not involved in their formulation. The Kremlin has denied any new developments in peace talks since President Putin and President Trump last met.

The White House has not confirmed the existence of the peace plan but acknowledged that new proposals are being explored. U.S. Secretary of State Marco Rubio stated that achieving peace necessitates difficult concessions from both sides.

Ukraine’s Options

Ukraine has not responded publicly to the peace plan but anticipates discussions with U.S. officials. President Zelenskyy noted that the U.S. plays a crucial role in resolving the conflict.

Despite Ukrainian concerns, the country remains reliant on U.S. military aid, with European support becoming less immediate. European officials have expressed dissatisfaction over peace proposals that do not involve Ukrainian input, noting it is essential for any viable plan.

Analysts have warned that the proposed plan may signify Ukraine’s capitulation, undermining its defensive positions and inviting further Russian aggression.

Continue Reading

News

US job growth strengthens in September despite rising unemployment

US job growth slows as unemployment rises to 4.4%, amid economic uncertainty and impact of artificial intelligence on labour market

Published

on

US job growth slows as unemployment rises to 4.4%, amid economic uncertainty and impact of artificial intelligence on labour market

In Short:
– U.S. employment growth quickened in September, but unemployment rose to 4.4%, the highest since 2019.
– Job gains were led by healthcare and leisure, while transportation, warehousing, and government jobs declined.

U.S. employment growth accelerated in September, although the labor market struggled to keep up with new job-seekers due to challenges such as import tariffs and the integration of artificial intelligence in roles.The unemployment rate rose to 4.4%, its highest in four years, from 4.3% in August, according to the Labor Department. Revised payroll data indicated that jobs were shed in August, highlighting ongoing labor market softness.

Banner

Layoffs remained low in mid-November, indicative of a “no-hire, no-fire” condition in the job market. Some economists believe the rise in unemployment supports a Federal Reserve interest rate cut, while others argue in favour of maintaining rates due to the surprising job growth.

Nonfarm payrolls increased by 119,000 jobs after a revised decrease in August. Economists had previously forecasted a much lower job addition. The report’s release was delayed due to a federal government shutdown.

Stock markets in Wall Street experienced declines, while the dollar remained steady against various currencies. Job gains were influenced by seasonal adjustments in sectors like leisure and hospitality.

Job Sector Trends

Healthcare employment led growth with 43,000 new jobs, while the leisure sector added 47,000. Conversely, transportation and warehousing lost over 25,000 positions, with manufacturing shedding 6,000.

The federal workforce decreased by 3,000 jobs, part of a larger trend of declining employment in government positions. Despite momentum loss, labor participation rose, impacting the unemployment rate dynamics positively.


Download the Ticker app

Continue Reading

News

U.S. pushes Ukraine toward controversial peace plan with Russia

US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.

Published

on

US pressures Ukraine to accept a peace plan risking territory loss amid ongoing conflict with Russia.


The United States is pressuring Ukraine to accept a peace plan that would see the country surrender territory and military equipment as part of a negotiated settlement with Russia. The proposal has sparked concern within Kyiv over the potential loss of sovereignty and long-term security.

President Volodymyr Zelenskiy is in Turkey discussing this plan, which may also involve cuts to Ukraine’s armed forces. His visit comes as Washington intensifies efforts under the Trump administration to secure an end to the conflict, despite fears the terms could undermine Ukraine’s national interests.

As Russian forces continue their aggressive campaign, holding roughly 19% of Ukrainian territory, Zelenskiy is attempting to revive peace talks before winter further complicates the frontline. The stakes remain high as the geopolitical landscape shifts.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Ukraine #USPolitics #PeacePlan #Zelenskiy #Russia #Geopolitics #WarInUkraine #TickerNews


Download the Ticker app

Continue Reading

Trending Now