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Baltimore bridge collapse will impact supply chains across U.S.

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The bustling city of Baltimore was rocked by a catastrophic event as a massive cargo ship collided with the Francis Scott Key Bridge, resulting in a dramatic bridge collapse.

  • A cargo ship collision causes a major bridge collapse in Baltimore, leading to cars and people falling into the river below.

  • Rescuers retrieve two survivors from the water, while search efforts continue for others.

  • Initial investigations suggest a power issue on the ship before impact, prompting the bridge closure and averting further casualties.

The collision, which occurred around 1:30 a.m., sent shockwaves through the city as vehicles and pedestrians plunged into the icy waters of the Patapsco River below.

Baltimore bridge collapse sends vehicles tumbling into water …

Rescue teams sprang into action, managing to retrieve two survivors from the water, while efforts to locate others remain ongoing.

Maryland Governor Wes Moore commended the swift actions of transportation officials in halting traffic on the bridge prior to the collapse, emphasizing their role in potentially saving lives.

Although investigations are still underway, initial reports suggest a power issue aboard the cargo ship before the collision occurred.

Baltimore bridge collapse sends vehicles tumbling into water | Reuters

Despite the magnitude of the disaster, authorities have found no evidence of foul play, with attention turning towards rescue and recovery efforts for the missing individuals.

READ MORE: Could California’s maritime emission compliance battle impact the global supply chain?

The collapse of the Francis Scott Key Bridge has not only brought traffic to a standstill but also cast a shadow over the bustling Port of Baltimore, one of the busiest ports on the U.S. East Coast.

Supply chain

With the port’s operations suspended until further notice, concerns loom over potential disruptions to the supply chain, impacting industries ranging from automotive to commodities like coal and sugar.

As rescue operations continue and investigations unfold, the city of Baltimore remains in a state of shock, grappling with the aftermath of this rare and devastating event.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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