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Indonesia urges rich nations share vaccines as cases rise

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President of Indonesia Joko Widodo has urged richer countries across the world to share their vaccine supply with poorer nations, following a rise in cases

President Joko Widodo stated that it “shouldn’t be just a few countries that get all the vaccines, and some other countries get only a little”.

Widodo spoke ahead of his visit with leaders at both the G20 and COP26 meetings, in which he will be attending over the next few days.

Indonesia has been one of the hardest hit nations by the coronavirus pandemic, with the country recording over 4,242,532 cases so far, according to the World Health Organisation.

“In this time of crisis, advanced countries need to do more in helping poor countries get vaccines, so that we can overcome this pandemic together.”

– Joko WidodO

Indonesia is currently recording over 50,000 new infections per day, but reports state the ‘real number’s could be even higher.

So far, the country has recorded over 150,000 deaths to the virus, according to government data

The President revealed people have died in their homes, gasping for breath as oxygen supplies ran out across the archipelago.

The sick have been turned away from overflowing hospitals and funeral grounds ran out of space for the dead.

Mr Widodo’s administration initially downplayed the disease. The President’s former health minister Terawan Agus Putranto famously stated that the country would be spared from the virus, because of “all the prayers.”

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RBA holds rates as investors shift from property to stocks

RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.

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RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.


The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.

The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.

We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.

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#RBA #Interestrates #AustraliaEconomy #StockMarket #InvestingTips #WealthWithin #FinanceNews #TickerTV


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U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

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U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.


Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews


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xAI’s $15 billion raise, deadline pressure and Grokipedia launch

Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.

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Elon Musk’s xAI plans $15 billion funding round, reaching $230 billion pre-money, amid fierce AI sector competition.


Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.

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#xai #elonmusk #ai #startupnews #grok #grokipedia #technews #fundinground


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