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

News

Israel cancels Washington visit as U.S. abstains from cease-fire resolution

Published

on

The United Nations Security Council has passed a resolution calling for an immediate cease-fire in Gaza, a move that prompted Israel to cancel high-level meetings with the Biden administration.

U.S. Ambassador Linda Thomas-Greenfield abstained during the vote at the United Nations in New York on Monday, allowing the resolution to pass.

This decision by the U.S. angered Israeli Prime Minister Benjamin Netanyahu’s government, which had intended to send top officials to Washington to discuss plans for a potential ground invasion of Rafah in the southern Gaza Strip.

The resolution, which was approved by the Security Council, emphasizes the urgent need to expand the flow of humanitarian assistance to and reinforce the protection of civilians in the entire Gaza Strip.

U.S. President Joe Biden attends a meeting with Israeli Prime Minister Benjamin Netanyahu, as he visits Israel amid the ongoing conflict between Israel and Hamas, in Tel Aviv, Israel, October 18, 2023. REUTERS/Evelyn Hockstein

Humanitarian assistance

It also reiterates the demand for the lifting of all barriers to the provision of humanitarian assistance at scale.

The U.S. abstention on the resolution represents a significant departure from its previous stance, where it had used its veto power to shield its ally Israel in similar situations.

The decision reflects growing global pressure for a truce in the ongoing conflict, which has claimed numerous lives and caused immense suffering, particularly among civilians in Gaza.

While the U.S. said that there was no policy change despite the abstention, Israeli officials expressed frustration and disappointment with the move.

READ MORE: G7 leaders pledge peace

Netanyahu’s government viewed the U.S. decision as a “clear retreat” from its previous position and believed it would undermine efforts to combat Hamas in Gaza and to secure the release of hostages held by the militant group.

The cancellation of the planned high-level meetings between Israel and the Biden administration underscores the diplomatic fallout from the U.N. resolution and the broader tensions surrounding the conflict in Gaza.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Continue Reading

News

China faces economic slowdown amid Trump’s tariffs

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.

Published

on

China faces pressure to hit a 5% growth target amidst US tariffs, with analysts urging a 2 trillion yuan stimulus to mitigate trade war effects.


China is under pressure to meet its 5% growth target this year as US tariffs bite.

Analysts are calling for a major stimulus package—up to 2 trillion yuan—to combat trade war fallout.

This episode explores what measures Beijing may take, and whether Chinese consumers can help steady the ship.

#ChinaEconomy #TrumpTariffs #GlobalTrade #Stimulus #ChineseGrowth #Beijing #ConsumerSpending #TickerNews

Continue Reading

News

Tariffs shake tech sector and US dollar stability

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”

Published

on

“Amid global tariffs and tech giants’ warnings, we explore economic stability and the US dollar’s role with insights from David Scutt and Australia’s resilient jobs report.”


As tariffs ripple through global markets, questions emerge about tech stability and the US dollar’s safe-haven status.

With giants like Nvidia and ASML raising red flags, are we looking at isolated concerns—or a broader systemic risk?

Plus, Australia’s jobs report shows resilience. We discuss with David Scutt from StoneX.

#TechStocks #USDollar #Nvidia #ASML #GlobalMarkets #TradeWar #EconomicForecast #TickerNews

Continue Reading

News

Powell warns tariffs may slow US economy

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

Published

on

Powell says US economy strong, but warns Trump’s tariffs may cause inflation and growth risks; impacts on Wall Street and investors dissected. #JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews


Federal Reserve Chair Jerome Powell says the US economy remains strong, but Trump’s tariffs may threaten growth.

Powell warns that these trade barriers could trigger higher inflation, slower growth, and financial market volatility.

We break down what Powell said and what it means for Wall Street and everyday investors.

#JeromePowell #FederalReserve #USEconomy #Tariffs #Inflation #StockMarket #TrumpTariffs #TickerNews

Continue Reading

Trending Now