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Biden’s scoop as economy melts

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Biden's scoop

Biden’s scoop as the global economy melts

BIDEN’S SCOOP – In what can only be described as an unusual intervention, President Joe Biden has weighed in on the state of Britain’s economy while in an ice cream shop.

Biden says the economic turmoil following the UK government’s mini-budget was “predictable”.

Speaking in Oregon, Biden was asked by reporters about the PM’s attempt to boost growth with unfunded tax cuts.

To this, the president replied: “Well, it’s predictable. I wasn’t the only one that thought it was a mistake.”

He continued, adding “I think that the idea of cutting taxes on the super wealthy at a time when – anyway, I just think – I disagreed with the policy. But that’s up to Great Britain to make that judgment, not me.”

Biden has previously been criticised for the way he handles U.S.-UK relations. Some believe he gives preferential treatment to his transatlantic relationships in Dublin, Paris and Berlin.

While in the ice cream shop, Biden was also asked about the state of the global economy.

The President answered: “I’m not concerned about the strength of the dollar. I’m concerned about the rest of the world. Our economy is strong as hell.”

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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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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