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Cases rise in US, Biden calls on states to offer $100 vaccine incentive

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As COVID cases in the US rise – President Biden is calling for vaccine incentives

Biden has called for states to offer $100 to new vaccine recipients, in an effort to address flagging jab rates amid virus surges.

The US President also issued a strict new vaccine requirement for US federal workers – the nation’s largest employer with approximately two million people.

The order requires employees to show proof of vaccination or be subjected to mandatory testing and masking

According to official data, just under half of the US is fully vaccinated.

Speaking from the White House on Thursday, Mr Biden said that the new measures are a result of the highly contagious Delta variant’s spread, made worse by a “pandemic of the unvaccinated”.

“People are dying and will die who don’t have to die,”

Biden said

However, the President added that the monetary incentive may seem unfair to already vaccinated Americans, but stated “we all benefit if we can get more people vaccinated”.

States would use money from the $1.9tn American Rescue Plan legislation to fund the incentives.

Mr. Biden said that the federal government will be “fully reimbursing” small or medium-sized businesses that provide workers paid time off to get vaccinated.

While government employees who refuse to get vaccinated will not be fired, this move by the White House aims to set an example for other employers nationwide.

President Biden also addressed theories, spreading mostly in conservative circles, that the jabs are unsafe.

He emphasised there “is nothing political” about the vaccines, which were developed and authorised under a Republican administration and further distributed under his.

Last month, a study showed that over 99% of coronavirus deaths have been among the unvaccinated.

Nearly 70% of adults have received at least one jab.

But vaccination rates are varied across the country. Southern and western regions, which are now experiencing Covid outbreaks, have much lower rates.

It comes as virus-related deaths climb to around 2,000 per week. New cases are now at their highest point in the last three months, with about 60,000 being recorded per day.

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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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Oscars move to YouTube in landmark streaming deal from 2029

YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.

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YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.


The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.

YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.

The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.

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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards


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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash

NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.

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NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.


The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.

The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.

With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.

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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews


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