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Biden promises to fix the climate with $430 billion Act

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U.S. President Joe Biden has officially signed the $430 billion Inflation Reduction Act into law

It’s a sign his administration is able to power ahead with its legislative agenda.

The fate of the bill look almost certainly set to doom, but last-minute support from Senator Joe Manchin of West Virginia meant is could pass. 

Biden used his address at the signing event to criticise the Republican party, all in an attempt to boost support for the Democrats in the upcoming midterms. 

“This bill is the biggest step forward on climate ever, and it’s going to allow us to boldly take additional steps toward meeting all of the climate goals we set out when we ran,” Biden said before signing the bill.

“It includes ensuring that we create clean energy opportunities in frontline and fenceline communities that have been smothered by the legacy of population and fight environmental injustice that has been going on for so long.”

The legislation will help fight climate change and lower prescription drug prices, while also ensuring corporations and the wealthy pay the taxes they owe. 

Democrats hope it will combat inflation by reducing the federal deficit, but Republican leaders, including Mitch McConnell say it will have the opposite impact.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Ukraine backs US-led peace accord as final details near completion

Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.

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Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.


Ukraine has signalled support for a US-led peace accord aimed at ending the war with Russia, with officials confirming that only minor elements remain to be finalised. The framework represents the most significant diplomatic breakthrough since the conflict began.

According to Ukrainian officials, Kyiv fully supports the essence of the proposal, while Washington says progress is encouraging but further negotiations are required. The agreement focuses heavily on territory held by Russia and the security guarantees needed to protect Ukraine long-term.

With momentum building, global attention now turns to how remaining issues will be resolved and how soon a final agreement can be reached.

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#Ukraine #Russia #PeaceTalks #USPolitics #Geopolitics #WarInUkraine #Diplomacy #BreakingNews


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Australia launches new AI Safety Institute to protect the nation

Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.

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Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.


Australia is taking a major step toward responsible artificial intelligence with the creation of the Australian Artificial Intelligence Safety Institute (AISI). The new body aims to assess AI risks, strengthen national protections and position the country as a global leader in safe and ethical AI development.

In this episode, Dr. Karen Sutherland from UniSC explains what sparked the institute’s creation, how it will operate, and the key functions it will serve in helping government and industry navigate fast-moving AI challenges. She breaks down how the AISI plans to elevate national understanding of advanced AI systems and collaborate with the wider National AI Centre network.

We also explore how the AISI will support international agreements, protect the rights of Australians and help businesses keep pace with rapidly evolving AI technologies. Plus, we look at the institute’s long-term ambitions in shaping the global AI safety landscape.

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#AISafety #ArtificialIntelligence #AustraliaTech #TechPolicy #FutureOfAI #DigitalSafety #InnovationNews #TickerNews


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RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

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RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.


The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV


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