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

News

Recovery continues after deadly U.S. military crash in Australia

Published

on

Recovery and rescue teams are working tirelessly on a remote island off the Northern Territory coast following a tragic military plane crash that claimed the lives of three US Marines.

The crash involved a US military Boeing MV-22B Osprey tilt-rotor aircraft carrying a total of 23 Marines. The incident occurred on Melville Island, situated 80 kilometers north of Darwin, on Sunday morning. Three Marines lost their lives in the crash, and five others sustained serious injuries and were transported to the Royal Darwin Hospital.

Marine Rotation Force – Darwin confirmed these details in a statement. The cause of the crash is under investigation, and investigators are faced with the grim task of determining what led to this tragic event.

Royal Darwin Hospital declared a Code Brown, the highest level of alert in the country, in response to the incident. NT Chief Minister Natasha Fyles pledged all available resources to ensure the injured Marines were transported to the hospital.

Crash site

The crash site has been secured by defense force personnel and NT Police. The military training exercise in which the troops were participating has been temporarily suspended.

Chief Commissioner Michael Murphy explained that the remote location of the incident made the rescue operation particularly challenging, involving both helicopters and fixed-wing aircraft. An emergency operation center that was originally set up to combat fires in the territory has been redirected to the crash site. The national critical care and trauma response team is triaging patients before their transportation.

The Department of Defence clarified that the incident occurred during Exercise Predator’s Run 2023 and did not involve any Australian Defence Force members.

Prime Minister Anthony Albanese expressed the government’s commitment to providing support during this difficult time, emphasizing that the focus is on incident response and assistance.

Joint statement

In a joint statement, Prime Minister Albanese and Defence Minister Richard Marles underscored the long-standing partnership between Australian and US personnel, acknowledging the importance of their service.

Opposition defence spokesman Andrew Hastie noted the accident as a reminder of the strong bonds between Australia and the US, forged through sacrifice, and emphasized the ongoing mission to prepare for strategic challenges in the Indo-Pacific region.

The US embassy expressed gratitude to the rescue operation and emphasized the enduring friendship between Australians and Americans.

RSL Australia President Greg Melick extended condolences to those affected by the tragedy and highlighted the inherent risks faced by service personnel.

Continue Reading

News

Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

Published

on

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


Download the Ticker app

Continue Reading

News

Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

Published

on

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


Download the Ticker app

Continue Reading

News

Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

Published

on

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


Download the Ticker app

Continue Reading

Trending Now