News
Sri Lanka declares a state of emergency
Sri Lanka is in a state of emergency, as protesters push for a new government amid economic uncertainty
Sri Lanka’s Prime Minister Ranil Wickremesinghe has been appointed as the nation’s acting president.
It follows the incumbent Gotabaya Rajapaksa fleeing the country on a military jet.
It is believed the 73-year-old landed in the Maldives and will soon make his way to his final destination with his wife and two security officials.
Sri Lanka is in the grips of its worst economic crisis in 70 years, with protesters storming the presidential palace at the weekend.
Rajapaksa promised to resign by Wednesday. His departure ends a family dynasty, which has been at the helm of Sri Lankan politics for two decades.
It’s understood police fired tear gas at protesters to stop them from clashing with security officials.
Worsening economic crisis
Sri Lanka has previously defaulted on its debt for the first time in its history.
Earlier this year, the nation was forced to come up with $78 million of unpaid debt interest payments.
Police have imposed a curfew across the Western Province, which includes the nation’s capital of Colombo.
Wickremesinghe has also announced an intention to resign if there is no consensus on forming a unity government.
The President of Sri Lanka enjoys freedom from arrest, which has allowed Rajapaksa to leave the nation to avoid being detained.
Money
AI fears rattle global markets and investors
AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.
AI developments cause market volatility, with European software and US tech firms facing significant declines amid rising uncertainty.
Global stock markets are experiencing heightened volatility as concerns about AI disruption sweep across industries. Investors are closely monitoring which sectors could be most affected as the technology continues to evolve.
Recent announcements from major US AI companies sent waves through international markets, highlighting the interconnected nature of global finance and technology. European software giants such as Dassault Systèmes and RELX saw significant declines, underscoring the global reach of AI developments.
UBS analysts warn that the impact of AI disruption could intensify in 2026 and 2027, with potential ramifications for a wide range of sectors.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
One Nation matches coalition as Liberal backing slides
One Nation’s support hits 23%, equaling Coalition; Labor leads at 32% as Liberals reach record low.
One Nation’s support hits 23%, equaling Coalition; Labor leads at 32% as Liberals reach record low.
One Nation has surged to match the Coalition under Angus Taylor, each claiming 23 per cent of primary vote support. This is the first time the party has tied with the Liberals, signalling a major shift in voter sentiment.
The Coalition’s backing has dropped from 28 per cent in January to a record low, while Labor gains ground with 32 per cent of the vote. Analysts say this could reshape the political landscape ahead of the next election.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
News
Iran and U.S. restart nuclear negotiations with diplomacy in focus
Iran-US nuclear talks restart; diplomacy favored amidst economic interests and potential energy deals, mediated by Oman, amid high stakes.
Iran-US nuclear talks restart; diplomacy favored amidst economic interests and potential energy deals, mediated by Oman, amid high stakes.
Iran is pursuing a new nuclear agreement with the United States aimed at delivering economic benefits to both sides, as negotiations restart over its long-running nuclear programme. With tensions simmering for years, both nations are signalling a desire to avoid military confrontation and stabilise the region.
U.S. Secretary of State Marco Rubio says President Donald Trump prefers a diplomatic path forward, while Iran has indicated it is open to compromise in exchange for sanctions relief. The renewed talks mark a significant moment in efforts to de-escalate one of the world’s most volatile geopolitical flashpoints.
Oman is mediating the discussions, which are focused exclusively on Iran and the United States, even as Washington increases economic pressure and Tehran promotes potential deals in energy and mining to sweeten the negotiations.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Leaders4 days agoUAE and Saudi Arabia lead MENA’s gaming economy
-
News3 days ago
Russia bans WhatsApp and promotes state-backed messaging app
-
News3 days ago
Angus Taylor elected Liberal leader after decisive ballot victory
-
Ticker Views3 days ago
Right turn ahead. But where are the Liberals really going?
-
Money3 days ago
Wall Street tumbles as tech stocks face AI disruption fears
-
Money3 days ago
U.S. stocks falling amid AI worries and weak earnings
-
Shows8 hours ago
Real estate insights: Technology changes and trust remain
-
Ticker Views4 days ago
Should the Winter Olympics be behind a paywall?
