News
Flights suspended: How Australia will aid India’s critical shortage of medical supplies
As Coronavirus case numbers continue to soar in India, other nations are lending support
Australian Prime Minister Scott Morrison has today revealed an initial support package to help India, as it struggles with a critical shortage of medical supplies.
Australia will send 500 ventilators, 1 million surgical masks, 500,000 P2 and N95 masks, 1 million surgical masks, 100,000 goggles, 100,000 pairs of gloves and 20,000 face shields.
DFAT will manage the movement of the items
The crisis has also resulted in Australia suspending all flights to and from India until the 15th of may, following emergency talks today.
“I stress this is an initial package, there’ll be more to follow,”
Mr Morrison said.
Shocking scenes of overflowing hospitals and bodies being burnt in makeshift crematoriums paint a grim picture of the Covid crisis gripping India.
In a single day the number of new infections climbed above 350 thousand, a new record.
India has more than 17.3 million infections overall and almost 200 thousand deaths.
The country has now ordered its armed forces to help tackle the soaring infection numbers
the Chief of Defence Staff says oxygen will be sent to hospitals from armed forces reserves and retired medical military personnel would join COVID health facilities.
Crypto
Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.
We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.
Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.
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News
Airbus hit by new A320 fuselage panel defect triggering share price drop
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.
While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.
The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.
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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews
News
Bitcoin tanks as markets turn risk-off and tech stocks slide
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.
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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews
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