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Shanghai locks down in response to Covid surge

Published

2 years ago

March 30, 2022

ticker NEWS

China’s biggest city Shanghai locks down as a part of its ‘zero-covid strategy’ to control the rising cases in the city

The authorities are initiating a two-stage lockdown aiming to split the city along the Huangpu river to allow for COVID testing.

The city of 26 million will be restricted from leaving homes with public transport suspended. Non-essential businesses will also remain closed while the stock exchange remains open.

On its only second day of testing on March 29 2021, Shanghai recorded 4381 asymptomatic cases and 96 symptomatic COVID cases.

The snap lockdown which is a reminder of what China saw at the start of pandemic, is already causing a major disruption in the lives of the residents.

The lockdown announcement came unexpectedly just a day after the Shanghai authorities claimed they will not put Shanghai in lockdown, marking a complete turnover of their claim.

Rijul Baath contributed to this report

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

17 hours ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

22 hours ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

1 day ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending