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112 new cases: Australia isolates entire state to prevent spread of Delta variant

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Australia cuts off one if its major states from the rest of the country as the Delta variant rapidly spreads

The Australian state of New South Wales has recorded 112 new cases of COVID-19.

While the majority of cases are close family contacts, 34 were in the community whilst infectious.

New South Wales is in the grips of its third week under lockdown conditions. However, the state has come under fire for not locking down sooner, and with harsher restrictions.

NSW Health has also advised that an infectious removalist visited the state of Victoria on July 8 and 9. Victoria is the country’s second largest state.

Victoria’s Health Minister, Martin Foley says the state government will list exposure sites soon. He added that people will need to isolate amid the emerging New South Wales’ Covid-19 outbreak.

As the world reopens for business, New South Wales shuts its doors

New South Wales’ lockdown will include major city Sydney, which is home to over 5 million people.

The rest of Australia remains open for business, including the country’s second-biggest state. The state of Victoria hasn’t recorded a new locally-acquired infection in over a week.

This all follows the news that a 90-year-old woman died from Covid yesterday. This is Australia’s first Covid-related death of the year.

New South Wales expected to reach over 100 positive cases

The state’s premier, Gladys Berejiklian says she expects the upward trend of new cases will continue this week. Experts anticipate there will be around 100 new positive results in the state recorded today.

It follows New South Wales recording 77 new locally acquired Covid-19 cases, with 42 active in the community whilst infectious.

The Premier says she’s anticipating the numbers in New South Wales “will be greater than 100 tomorrow”. She also said she’ll be “shocked” if they’re not.

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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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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