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

News

Biden visits Maui as natural disaster’s ravage America’s west

Published

on

President Joe Biden is visiting Maui as authorities race against time to locate and recover nearly 850 people who remain missing after catastrophic wildfires ravaged the island.

These fires, which have been over 80% contained as of Sunday, have already claimed more than 110 lives and caused extensive property damage. This disaster marks the worst in Hawaii’s state history and the deadliest wildfires in the United States in over a century.

Upon his arrival, President Biden, accompanied by the first lady, will conduct an aerial survey of the destruction in Lahaina via helicopter. Subsequently, they will visit the wildfire-affected areas in person, receiving briefings from officials during their tour.

While in Hawaii, President Biden will also announce the appointment of Bob Fenton, a FEMA regional administrator, to oversee the long-term federal efforts to support Maui’s recovery. Fenton has been actively engaged in the disaster response since the wildfires began.

Recover and rebuild

“I will do everything in my power to help Maui recover and rebuild from this tragedy,” President Biden said in a statement on Sunday before his trip. “Throughout our efforts, we are focused on respecting sacred lands, cultures, and traditions.”

President Biden has maintained regular contact with Hawaii Governor Josh Green and has received updates from Federal Emergency Management Administrator Deanne Criswell throughout the crisis.

Search and recovery teams have combed through about 85% of the disaster site in Lahaina thus far, according to county officials. The FBI and the Maui Police Department have successfully located over 1,200 survivors.

Biden declared a major disaster in Hawaii on Aug. 10, just hours after the governor’s request, which unlocked crucial federal assistance for Maui. Currently, more than 1,000 federal personnel, including over 450 search and rescue team members, are on the ground in Maui. FEMA reports that the White House has approved $8.2 million in assistance to more than 2,700 households, including $3.4 million in initial rental assistance.

The wildfires ignited abruptly and spread rapidly around Aug. 8, fueled by Hurricane Dora’s winds and exacerbated by drought conditions on Maui. While the cause of the fires is under investigation, several lawsuits have already been filed against Hawaiian Electric, alleging that downed power lines sparked the blazes.

Disaster review

Hawaii Attorney General Anne Lopez has initiated a review of the disaster response by state and local officials. Notably, the Maui Emergency Management Agency did not activate sirens during the wildfires, leaving residents with little warning of the rapidly spreading fires.

Maui’s emergency management administrator, Herman Andaya, resigned abruptly last week after initially defending his decision not to activate the sirens. Governor Green has clarified that the review of the local emergency response is not a criminal investigation.

Continue Reading

News

Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

Published

on

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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

#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


Download the Ticker app

Continue Reading

News

Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

Published

on

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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

#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


Download the Ticker app

Continue Reading

News

EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

Published

on

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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

#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


Download the Ticker app

Continue Reading

Trending Now