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Bipartisan vote means US infrastructure bill is likely to pass

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US President Joe Biden’s $1.2 trillion infrastructure bill looks likely to pass following a rare Sunday night session in the Senate

Senate Majority Leader Chuck Schumer says the Democrats are “on track” to pass the bipartisan infrastructure bill.

They also are looking towards a budget resolution that will allow a further $3.5 trillion in government spending.

It comes as a group of Republican and Democratic senators moves to finalise the details of the infrastructure package.

The package will include massive spending for roads, rail, bridges, and other critical areas

The legislation was supposed to be released over the weekend, but last-minute negotiations caused a delay.

However, Schumer says a resolution is “imminent” and he expects the matter to be finalised within a couple of days.

The bill has been gaining momentum for months

This comes after months of lobbying. Early last month, the caucus said it “strongly supports” the Senate infrastructure bill.

The group of 58 lawmakers has equal numbers of Democratic and Republican leaders. Their support follows a challenging few months for the Biden Administration in getting this package off the ground.

Biden’s bipartisan proposal for an infrastructure bill includes $579 billion in funding over the next five years and a total of $1.2 trillion over the next eight years. It will draw on funds acquired from the strengthening of tax laws and leftover money from the coronavirus relief package. 

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Ukraine backs US-led peace accord as final details near completion

Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.

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Ukraine supports US-led peace accord to end war with Russia, aiming for resolution of final elements soon.


Ukraine has signalled support for a US-led peace accord aimed at ending the war with Russia, with officials confirming that only minor elements remain to be finalised. The framework represents the most significant diplomatic breakthrough since the conflict began.

According to Ukrainian officials, Kyiv fully supports the essence of the proposal, while Washington says progress is encouraging but further negotiations are required. The agreement focuses heavily on territory held by Russia and the security guarantees needed to protect Ukraine long-term.

With momentum building, global attention now turns to how remaining issues will be resolved and how soon a final agreement can be reached.

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#Ukraine #Russia #PeaceTalks #USPolitics #Geopolitics #WarInUkraine #Diplomacy #BreakingNews


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Australia launches new AI Safety Institute to protect the nation

Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.

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Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.


Australia is taking a major step toward responsible artificial intelligence with the creation of the Australian Artificial Intelligence Safety Institute (AISI). The new body aims to assess AI risks, strengthen national protections and position the country as a global leader in safe and ethical AI development.

In this episode, Dr. Karen Sutherland from UniSC explains what sparked the institute’s creation, how it will operate, and the key functions it will serve in helping government and industry navigate fast-moving AI challenges. She breaks down how the AISI plans to elevate national understanding of advanced AI systems and collaborate with the wider National AI Centre network.

We also explore how the AISI will support international agreements, protect the rights of Australians and help businesses keep pace with rapidly evolving AI technologies. Plus, we look at the institute’s long-term ambitions in shaping the global AI safety landscape.

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#AISafety #ArtificialIntelligence #AustraliaTech #TechPolicy #FutureOfAI #DigitalSafety #InnovationNews #TickerNews


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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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