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

News

Businesses brace for impact as new COVID outbreak emerges across Australia

Published

on

Businesses in Australia are bracing themselves for a drop in revenue as fresh COVID cases lock down many states

For the first time in a year, Australia is dealing with outbreaks across the country.

An outbreak in Sydney linked to the highly contagious Delta variant has grown to 128 cases.

Cases have also been recorded in the Northern Territory, Queensland and Western Australia.

Health authorities say it is a “critical time” for the country, which has kept case numbers low with border closures and lockdowns.

This is the first time in months that cases have emerged in multiple parts of the country at the same time.

Businesses brace

Businesses are again feeling the impact of lockdowns and shut down orders with many in the travel sector, hospitality and arts again feeling the pinch.

A relief package to help Sydney businesses cope with the financial impacts of the city’s lockdown is expected to help operators recoup lost revenue and claim unused stock.

Lobbying from industry groups has meant the support package will echo the one provided to northern beaches businesses over the Christmas lockdown.

Sydney’s two-week lockdown is expected to wipe $2 billion off Australia’s GDP.

Australian leaders will hold an emergency meeting on Monday after a spike in Covid infections.

Both State and Federal Governments are now holding emergency crisis meetings in order to deal with emerging cases.

While thousands stayed indoors to work from home under new lockdown rules in multiple states, queues were spotted at Sydney’s mass vaccination centre.

Authorities are encouraging people to continue to get their vaccinations amid the stay-at-home order provided they wear a mask and are not experiencing any COVID-19 symptoms.

“I think we’re entering a new phase of this pandemic, with the more contagious Delta strain,”

Treasurer Josh Frydenberg told ABC News on Monday.

The escalation in Covid infections has prompted lockdowns in the cities of Sydney and Darwin, as well as restrictions across four states.

New South Wales hits breaking point

Meanwhile, the situation in New South Wales is at breaking point after the Bondi cluster rose to 110 cases over the weekend. 19 of the cases were not in isolation while they were infectious.

“I also do want to foreshadow that given how contagious this strain of the virus is, we do anticipate that in the next few days case numbers are likely to increase even beyond what we’ve seen,”

said NSW State Premier Gladys Berejiklian.

Greater Sydney, the Blue Mountains, the Central Coast, Wollongong and Shellharbour have started a two-week lockdown as a result.

There is mounting concern after a Virgin Australia crew member tested positive after flying to various cities across Australia

Other states enact tougher border restrictions to prevent further spread

The states of Victoria, South Australia, and Tasmania have all enacted tougher border restrictions with neighboring regions.

Meanwhile, the Australian Capital Territory is enforcing mask-wearing for the first time since the pandemic began.

aerial, Northern Territory

WA, Queensland and the Northern Territory are also dealing with new cases.

Both states have imposed heavy new restrictions and lockdowns have been extended.

https://twitter.com/AnnastaciaMP/status/1409404394999668743?s=20

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

UK police seek former aides’ insights on Prince Andrew

UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

Published

on

UK police contact ex-protection officers of Prince Andrew amid misconduct investigation linked to Jeffrey Epstein allegations

video
play-sharp-fill
In Short:
– Police seek former protection officers of Prince Andrew for info on alleged Epstein-related offences.
– Authorities consider removing Mountbatten-Windsor from royal succession after investigation conclusions.
British police are reaching out to former protection officers of Prince Andrew Mountbatten-Windsor following his recent arrest related to allegations of misconduct in a public office.
The police have urged anyone with information about potential sex offences connected to Jeffrey Epstein to come forward.Authorities are considering legislative measures to remove Mountbatten-Windsor from the royal succession line once the investigation concludes. Any changes would require consultation with other realms where King Charles is head of state.

Banner

The recent allegations stem from claims that Mountbatten-Windsor shared confidential government documents with Epstein during his time as a trade envoy. The London Metropolitan Police is now identifying former officers who may assist in the ongoing investigation and has encouraged them to share any pertinent information.

Mountbatten-Windsor has denied wrongdoing in the Epstein matter.

In 2022, he settled a civil lawsuit filed in the U.S. by Virginia Giuffre, who accused him of sexual abuse. Reports indicated he paid her approximately £12 million, a claim he denies.

Police Investigation

London authorities are reassessing previous decisions not to pursue criminal investigations related to Epstein’s activities.

Recent document releases from the U.S. government have prompted police to explore allegations of human trafficking involving Epstein at UK airports.

Police have been actively searching Mountbatten-Windsor’s residences as part of their investigation. His arrest marks an unprecedented event in modern royal history, raising significant public interest and concern in various countries.


Download the Ticker app

Continue Reading

News

Supreme Court strikes down Trump’s tariffs, plans 10% global levy

Trump vows new 10% global tariff after Supreme Court rules against his previous tariffs, calling the decision ‘deeply disappointing’

Published

on

Trump vows new 10% global tariff after Supreme Court rules against his previous tariffs, calling the decision ‘deeply disappointing’

video
play-sharp-fill
In Short:
– The U.S. Supreme Court has ruled that Trump lacks authority for tariffs without Congress support.
– Over 1,000 refund lawsuits from importers complicate the tariff issue, particularly for smaller businesses.
The U.S. Supreme Court has ruled against President Donald Trump’s tariff policies, stating he lacks the authority to impose tariffs without clear congressional support. Trump expressed disappointment and plans to implement a new 10% global tariff under different legal provisions.
Economists estimate more than $175 billion is at risk of refunds related to previously established tariffs, with potential litigations expected to last several years.Trump’s administration faces over 1,000 refund lawsuits from importers in the Court of International Trade, which ruled it can grant refunds to affected businesses. Each importer may need to pursue individual lawsuits, complicating the process, especially for smaller businesses that could find the financial burden prohibitive.

Banner

Learning Resources Inc., a toy company led by Rick Woldenberg, has contested these tariffs, potentially qualifying for refunds. Woldenberg hopes the Supreme Court ruling will initiate reflection on necessary economic adjustments.

Economic Impact

Economists suggest consumers may not notice significant changes due to persistent tariffs on numerous products. U.S. Treasury estimates predict the deputy’s revenue will remain largely unchanged despite Trump’s new plans to increase tariffs through other channels, specifically under Sections 122 and 301 of the Trade Act.

Trump’s forthcoming address to Congress is expected to address the implications of this ruling, which notably undermines a fundamental aspect of his trade agenda.

Despite past assurances regarding reform, uncertainties remain for both businesses and consumers as the administration explores future tariff strategies.


Download the Ticker app

Continue Reading

News

Bill Gates withdraws from India AI Impact Summit before keynote

Bill Gates withdraws from India’s AI Impact Summit amid renewed scrutiny over past ties to Jeffrey Epstein.

Published

on

Bill Gates withdraws from India’s AI Impact Summit amid renewed scrutiny over past ties to Jeffrey Epstein.

Bill Gates has withdrawn from India’s AI Impact Summit just hours before his keynote, as scrutiny grows over his past ties to Jeffrey Epstein following the release of US Justice Department emails.

The summit has faced criticism over organisational issues and traffic disruptions, drawing attention away from its mission. Despite the chaos, it has secured over $200 billion in investment commitments, including a major pledge from Reliance Industries.

Indian Prime Minister Narendra Modi used the platform to stress the importance of protecting children in the rapidly evolving world of AI.

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


Download the Ticker app

Continue Reading

Trending Now