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Indonesia on high alert after 7.3 magnitude earthquake hits

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A magnitude 7.6 earthquake has been recorded in Indonesia, initially triggering a tsunami warning

A tsunami warning has been lifted for southern Indonesia after a 7.4 magnitude earthquake struck on Tuesday.

Earlier, the U.S-based Pacific Tsunami Warning Center said tsunami waves were possible for coasts within 1,000 k.m. of the epicenter.

The US Geological Survey (USGS) said the quake struck at a depth of 18.5kms in the Flores Sea at 10.20am local time.

The Japan Meteorological Agency said the quake posed no tsunami threat to Japan.

The European-Mediterranean Seismological Centre estimated the magnitude at 7.7, placing it at a depth of 5 k.m.

The quake struck at 0320 GMT in the Flores Sea

The quake struck at 0320 GMT in the Flores Sea, about 112 km northwest of the town of Larantuka, in the eastern part of Flores island, at a depth of 12 km.

“Everyone ran out into the street,” Agustinus Florianus, a resident of Maumere town on Flores, told ticker NEWS affiliate Reuters.

Maumere was badly damaged by a quake of a similar magnitude in 1992.

Tsunami warnings were issued for the areas of Maluku, East Nusa Tenggara, West Nusa Tenggara and Southeast and South Sulawesi but were later lifted.

The U.S. Geological Survey later said the quake had a magnitude of 7.3. An aftershock of 5.6 magnitude hit Larantuka after the first quake, the Indonesian agency said.

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Streaming wars: can Apple compete with Spotify?

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Spotify’s 2023 Wrapped has dropped prompting listeners to review their top artists, genres, and songs of the year.

Many are taking to social media platforms to share their listening trends with family, friends, coworkers, and even other fans on the internet.

While Apple Music, a rival platform, has its own year-end campaign—it hasn’t quite ignited the same online response.

Seth Schachner, the Managing Director at StratAmericas and a former Sony Music Executive joins Veronica Dudo to discuss. #Spotify #music #Apple #AppleMusic #SpotifyWrapped #streaming #featured #IN AMERICA TODAY

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What Australia can learn from NZ’s supermarket inquiry

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Coles and Woolworths, two of Australia’s largest supermarket chains, are about to face a Senate inquiry that aims to scrutinise their market dominance and business practices.

The inquiry’s parallels with a past New Zealand investigation highlight the growing concern over the duopoly’s impact on consumers and smaller businesses.

The Senate inquiry, set to begin next month, comes as a response to mounting public pressure and allegations of anti-competitive behavior in the grocery sector.

New Zealand example

Similar concerns led New Zealand to conduct its own inquiry into the supermarket industry back in 2019, resulting in recommendations for increased regulation and transparency.

The central question here is whether Coles and Woolworths wield too much power in the Australian market, potentially stifling competition and limiting choices for consumers.

With the New Zealand example as a cautionary tale, many are wondering if this inquiry will result in meaningful changes to the Australian grocery landscape.

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Elon Musk: Nikki Haley’s ‘campaign is dead’

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Elon Musk has thrown a verbal jab at former South Carolina Governor Nikki Haley, declaring her political campaign as “dead” on X.

The unexpected comment from the Tesla and SpaceX CEO has ignited a new wave of discussion within the political sphere, leaving many wondering about the implications for Haley’s political future.

In a tweet that garnered significant attention, Musk criticized Haley’s recent policy stance, writing, “Nikki Haley’s campaign is dead on arrival if she continues to ignore the urgency of climate change.

We need leaders who prioritize the planet’s future.” The tech mogul’s remarks come as Haley, a prominent Republican figure, has been exploring the possibility of running for president in the upcoming election cycle.

Musk’s statement has reignited the debate over climate change within the Republican Party, with many conservatives emphasizing economic interests over environmental concerns.

This raises questions about whether Musk’s endorsement or critique could influence the GOP’s stance on climate issues and potentially impact the 2024 presidential race.

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