Shanghai to reopen as COVID-19 cases drop

Published

2 years ago

May 30, 2022

Ahron Young

Authorities in China have announced some COVID-19 lockdown measures in Shanghai will be lifted from Wednesday this week, in a much needed reprieve for business and the global supply chain

Authorities are now introducing plans to support the city’s economy, which has been hit hard by the restrictions.

The commercial centre has been under a strict lockdown for almost two months.

Meanwhile, Beijing has reopened parts of its public transport system as well as some shopping malls as the number of infections ease.

The announcement in Shanghai came as official figures showed new daily coronavirus cases fell to 122 from 170 over the previous 24 hours.

Companies will no longer need to be on a “whitelist” to resume production starting from June 1.

The city is now looking at how to revitalise Shanghai.

Additional help for businesses will include allowing firms to delay insurance and rent payments, as well as subsidies for utility charges.

Related Topics:china coronavirus covid-19 Featured lockdown SHANGHAI world

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Why Australia is becoming the new home of the Hollywood blockbuster

Published

7 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

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Portal between countries shut down after international flashing

Published

11 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?

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U.S. home prices surge 47%

Published

17 hours 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