Money

Cuba congratulates Venezuela on poll, prior to results being released

Published

2 years ago

November 23, 2021

ticker NEWS

Venezuela’s current government has won 20 out of 23 state governorships in what is the nation’s first election in four years whereby the main opposition parties took part

The turnout for the election was around 41 percent, which is one of the lowest rates recorded in 20 years.

The Cuban president also provided his congratulations to his Venezuelan counterpart before the results were verified.

In previous years, Venezuela’s opposition parties have boycotted federal elections and told voters to refrain from taking part arguing that it was an unfair contest.

The previous election was overshadowed by claims of vote-rigging by the current president’s party and saw over 50 countries refusing to recognise the result.

Many sceptics believe the current government has developed such a tight grip over electoral officials that a free and fair election in Venezuela is no longer possible.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

4 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending