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President Biden’s plan for increasing oil prices

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U.S. President Biden is planning to sell 15 million barrels from petroleum reserves

It comes as the president seeks to counter pressures created by OPEC Plus, which cut oil production targets.

It comes as the U.S. mid terms loom large, with candidates putting their best foot forward three weeks out.

The White House is seeking to balance the global markets amid soaring gas prices around the world.

The President has also reportedly told his close circle that he will authorise future releases if the conditions continue.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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U.S. and Ukraine advance new peace plan amid rising tensions

U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.

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U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.


U.S. and Ukrainian negotiators have made meaningful progress in Geneva, shaping an updated peace plan despite continued Russian strikes and growing geopolitical pressure. The talks represent one of the most significant diplomatic pushes in months as both nations work to narrow the remaining gaps in the framework.

While the proposal is being hailed as a breakthrough by some, leaders in Kyiv and parts of Europe fear it may tilt in Russia’s favour. Sensitive issues, security guarantees, and the controversial details of a leaked U.S. draft are now fuelling debate on both sides of the Atlantic.

With U.S. senators divided and European leaders deeply involved, the next steps will determine whether this framework becomes a workable path to peace or sparks further tension.

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#UkraineWar
#USPolitics
#PeaceTalks
#RussiaUkraine
#Geopolitics
#GlobalNews
#TickerNews
#InternationalRelations


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Trump And Xi hold rare call to discuss Taiwan and global tensions

Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.

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Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.


A rare high-level call between President Trump and Chinese President Xi Jinping has reignited global attention on Taiwan and broader geopolitical tensions. The conversation marked the first direct exchange in months between the two leaders.

Xi placed Taiwan at the centre of the call, underscoring its significance to China’s national strategy. The Chinese leader reaffirmed Beijing’s long-held position that Taiwan’s path back to the mainland is essential for international stability.

The discussion sets the stage for potential shifts in U.S.–China relations as both countries reassess their strategic priorities.

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#Trump #XiJinping #Taiwan #ChinaUSRelations #Geopolitics #InternationalAffairs #GlobalTensions #TickerNews


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