News
Thousands of Olympics volunteers quit
Organisers of the Tokyo Olympics and Paralympics have revealed 10,000 of the 80,000 volunteers scheduled to help have quit.
The CEO of the organizing committee, Toshiro Muto, believes the mass resignations won’t be “particularly problematic”, given the Games have been scaled back.
“There is no doubt that one of the reasons is the concern over coronavirus infections.”
“We cannot postpone again”
The Tokyo Olympics, which have already been postponed by a year, are due to start in 50 days.
There is overwhelming opposition in Japan to the Games going ahead. 80 percent of people in the country believing the major sports events shouldn’t take place this year.
Tokyo, and other parts of Japan, remain under a COVID-19 state of emergency, as Japan battles a fourth wave of infections.
The President of the organising committee has ruled out postponing the games again, insisting the event will be going ahead as is scheduled.
“We cannot postpone again,” Seiko Hashimoto told Nikkan Sports.
On Wednesday a top Japanese health adviser told a parliamentary committee that “it’s not normal to hold the Olympic Games in a situation like this”.
“If we are going to hold the Games under these circumstances … then I think it’s the Olympic organisers’ responsibility to downsize the scale of the event and strengthen coronavirus control measures as much as possible,” Shigeru Omi said.
Japan’s Prime Minister Yoshihide Suga has previously said the Olympics will be a ‘safe and secure’ event.
Crypto
Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.
We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.
Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.
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News
Airbus hit by new A320 fuselage panel defect triggering share price drop
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.
While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.
The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.
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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews
News
Bitcoin tanks as markets turn risk-off and tech stocks slide
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.
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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews
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