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‘This is a dangerous time’ – three Australian states in lockdown

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A third Australian city will go into lockdown tonight as restrictions tighten across the nation in a race to contain a growing number of Covid-19 outbreaks

South Australia in lockdown

Health authorities have confirmed South Australia’s outbreak is the Delta strain, prompting the state to tighten restrictions.

From 6:00pm, there will be just five reasons to leave your home.

It follows the state recording FIVE new infections in its latest reporting period.

Premier Steven Marshall is providing a coronavirus update, he says “we have to act decisively, we have to act quickly.”

He says “there is no need for panic buying”, and there are plenty of supplies across the state.

“This is a dangerous time,” Mr Marshall said.

“I’m 100 per cent convinced that South Australians will rise to the challenge, will make sure they can abide by these new restrictions, and make sure we get through this in as short a time as possible.”

Victoria’s lockdown extended

Melbourne will extend its COVID lockdown by seven days.

It follows the state nine new cases of COVID-19 overnight, but authorities remain concerned about the rampant spread of the Delta strain of the virus.

That’s midnight next Tuesday, July 27.

“As promising as our progress has been avoiding a New South Wales-style long, lengthy, very challenging lockdown, where you just lose control of cases, we’ve avoided that, but we need more time,” Mr Andrews said.

“There are chains of transmission that are not yet contained, that we don’t know about.”

Premier Daniel Andrews has also announced any travel to Victoria using red zone permits will be temporarily paused. 

Victorian Premier Daniel Andrews says “the signs are positive” but the state needs more time to be certain as too when it can open up again.

Sydney and the state of New South Wales also remain in lockdown today

NSW is in the midst of a 5-week lockdown.

NSW recorded 78 new locally acquired cases of COVID-19 in the 24 hours to 8:00pm yesterday.

Cheif Health Officer Kerry Chant said authorities were seeing more hospitalisations, admissions to ICU and people on ventilators.

Premier Gladys Berejiklian said the spread of the virus in workplaces and households remains a concern but that it is “always pleasing when we see a drop in the [day-by-day] numbers”.

“That 78 figure would have been much higher had people not been doing the right thing and we just need everyone to stick with it and make sure you protect yourself and your family and your work colleagues in particular. ”

Where did it all begin?

NSW Chief Health Officer Kerry Chant confirmed on Thursday that the Sydney driver who tested positive for COVID-19 had the Delta variant.

According to the ABC, while the recent COVID-19 outbreak in Victoria also involved the Delta variant, that outbreak was linked to a different source of infection.

The Delta variant was first detected in India in October last year.

UK authorities have estimated the Delta variant is 40 per cent more infectious than the Alpha variant that sent Britain into lockdown at the start of the year.

Matt Grudnoff from the Australia Institute says there is a possibility of a ‘double dip recession’ due to the variant causing cities to lockdown.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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