Omicron pain – tourism slump at the slopes

Published

2 years ago

December 20, 2021

Ahron Young

At the Port of Dover, thousands queued for hours, in the hope they can cross the channel and beat the French ban on British tourists

From lorries to the Eurostar – the rush to escape England ahead of another deadly winter in the grips of covid.

In France, ski resorts had been planning for the best winter in years, but now they’re counting their losses.

Tourism operators are struggling without British tourists after a surge in omicron cases in the UK.

The early season snow on the slopes of Mont Blanc is the best the region has seen for years. Not that many can see it.

It was meant to be a bumper Christmas for France’s ski resorts – flights and ferries had been fully booked.

But hopes were ended when the French government warned of a landslide of omicron cases tearing through the UK.

All non-essential travel from Britain has been banned.

One in four tourists in Chamonix before the pandemic were British, and now they’re counting their losses.

Paying a high price for its mountain resorts to survive another covid-infected European winter.

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending