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A profoundly different Fourth of July | ticker VIEWS

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A year ago, President Donald Trump staged an Independence Day double-header: July 3, at Mount Rushmore in South Dakota, and July 4, at the White House in Washington.

This time last year…

WHAT HAS CHANGED SINCE JULY 4 2020?

The country was in crisis, the suffering immense.  130,000 Americans had died of Covid.  America was in recession, with real unemployment over 15%.  George Floyd had been murdered a few weeks earlier. The national mood was bleak; the outlook from the President was ugly.  

With the sculptures of four of America’s greatest presidents – Washington, Jefferson, Theodore Roosevelt and Lincoln – looking down on him, Trump was moved to deliver these words:

“Our nation is witnessing a merciless campaign to wipe out our history, defame our heroes, erase our values and indoctrinate our children. Angry mobs are trying to tear down statues of our founders, deface our most sacred memorials and unleash a wave of violent crime in our cities.”

US President Donald Trump and First Lady Melania Trump arrive onstage during an Independence Day event at Mount Rushmore in Keystone, South Dakota, July 3, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP)

The next night, at the White House, Trump left no room for misunderstanding: “We are now in the process of defeating the radical left, the anarchists, the agitators, the looters, and the people who, in many instances, have absolutely no clue what they are doing.”

SPEECH BY PRESIDENT TRUMP AT MOUNT RUSHMORE 7/3/20

Trump, along with his wife, his son and most of this senior staff, would go on to contract Covid, engage in the most disgraceful presidential debate ever with Joe Biden, and lose the election in November – a defeat he has never accepted or acknowledged.

Over 450,000 more Americans would die in the pandemic.  A Trump-incited mob would attack the Capitol to try to stop the certification of the presidential election.

“TRUMP REMAINS THE LEADER OF THE REPUBLICAN PARTY”

That was then.

What has changed one year on?

Today, President Biden is celebrating July 4 with the theme “America’s Back Together.”

US President Joe Biden on jobs
US President Joe Biden on jobs

 The pandemic is not yet defeated but is well past peak.  Close to 70% of Americans have received at least one vaccine jab.  Unemployment has fallen below 6%; 3 million jobs have been created since Biden took office; and economic growth is projected at over 7% — faster than at any time since Ronald Reagan was president.

The country is not united – far from it

WOLPE ON BIDEN’S POPULARITY AND PRESIDENCY

Politics are terribly polarized.  Democrats control the House of Representatives with a 4-vote margin (out of 435) and the Senate by one vote (50-50 plus the Vice President.  Bipartisanship has failed on voting rights, gun control, immigration reform. 

There is a deal with 10 Senate Republicans on infrastructure to rebuild the country – but we do not know if that agreement will hold.  

And yet, there is a quiet mood in the country that things are better, and some hope is warranted. 50 million Americans on the road this holiday weekend.  Day-to-day life is back to more normal rhythms.  Schools are open. 

The troops are coming home from Afghanistan.  Biden is well received by allies around the world. He likes to say, “America is back.”

The President today preaches unity, not hate.  When tragedy strikes, as it has in Florida, he is the Empathizer-In-Chief.  Healing at home.  Leadership abroad.

A profoundly different Fourth of July.

Bruce Wolpe is a Ticker News US political contributor. He’s a Senior Fellow at the US Studies Centre and has worked with Democrats in Congress during President Barack Obama's first term, and on the staff of Prime Minister Julia Gillard. He has also served as the former PM's chief of staff.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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