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The international airlines suspending US flights

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Emirates has announced that it is suspending a majority of flights to the United States due to the planned launch of 5G

Flights are suspended to all destinations in the United States, except major cities including Los Angeles, New York and Washington.

Due to operational concerns associated with the planned deployment of 5G mobile network services in the US at certain airports

EMIRATES SAID in a memo to employees

Air India, All Nippon Airways, and Japan Airlines, have all suspended most routes to the United States as well.

This follows the world’s largest telecommunications company AT&T announcing it will delay the implementation of its 5G service at some airports in the United States.

This is all in response to CEOs of America’s largest airlines warning of a major disruption to travel and shipping if the service is rolled out. 

In an open letter, the executives call for 5G technology to be limited near US airports.

In the statement, the CEOs are requesting a limit on 5G within 2 miles of airport runways as defined by the FAA

It says “Immediate intervention is needed to avoid significant operational disruption to air passengers, shippers, supply chain and delivery of needed medical supplies”.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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