News

Trudeau resigns amid declining popularity and political strife

Trudeau resigns amid plummeting popularity, internal battles, and political paralysis in Canada; Freeland may succeed him.

Published

10 months ago

January 7, 2025

ticker NEWS

Trudeau resigns amid plummeting popularity, internal battles, and political paralysis in Canada; Freeland may succeed him.

Canadian Prime Minister Justin Trudeau has announced his resignation following a significant drop in popularity within his party and among the public.

The announcement came during a press conference where Trudeau addressed the challenges his government has faced. His decision was influenced by the recent resignation of Deputy Prime Minister Chrystia Freeland.

Trudeau has served as leader of the Liberal Party for just over nine years. During the press conference in Ottawa, he highlighted the internal battles within his party that have hindered progress.

He said that Canada deserves a real choice in the upcoming election and acknowledged that he could not provide the best option while fighting internal conflicts. Trudeau stated that he views himself as a “fighter” but recognised that parliament has been “paralysed” for months.

He has requested the suspension of parliament until March, pointing to the need for a political reset.

With Trudeau’s resignation, the Liberal Party will need to elect a new leader, who will subsequently become Canada’s next Prime Minister. The general election is required by late 2025, and Trudeau will remain in office until a successor is chosen.

Freeland is considered a potential frontrunner, alongside former Bank of Canada governor Mark Carney. Trudeau’s government has faced significant challenges, including trailing behind the Conservative Party in public opinion polls. Recent events, including the withdrawal of support from the New Democratic Party, have added to the pressure for his resignation.

News

Betoota’s fake $34.5 million Sportsbet deal sends media Into meltdown

The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.

Published

21 hours ago

November 6, 2025

Ahron Young

The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.

Australia’s most infamous satire site, The Betoota Advocate, caused online chaos after posting a fake $34.5 million “acquisition offer” from Sportsbet. The joke was so convincing it fooled thousands, including major media outlets, and reignited debate about what’s real in today’s digital news cycle.

In this episode, we break down how the prank unfolded, why so many believed it, and what it reveals about trust in media. From viral posts to red-faced journalists, it’s a story that blurs the line between clever satire and misinformation.

So, is Betoota simply trolling the system, or holding up a mirror to it? Darren Woolley from TrinityP3 joins us to unpack what happens when satire hits too close to home.

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#BetootaAdvocate #Sportsbet #FakeNews #Satire #MediaTrust #ViralStory #TickerNews #Australia

News

UPS cargo plane crashes in Kentucky, as death toll rises

UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise

Published

2 days ago

November 5, 2025

Ahron Young

UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise

In Short:
– A UPS cargo plane crashed in Louisville, resulting in at least four deaths and 11 injuries.
– Investigations are underway, and all departing flights from the airport have been cancelled.

A United Parcel Service cargo plane crashed shortly after takeoff in Louisville, Kentucky, at approximately 5:15 p.m. local time, leading to at least four fatalities and 11 injuries.Kentucky Governor Andy Beshear indicated that the death toll may rise. Those who died were not part of the three-person crew aboard the aircraft, which was heading to Honolulu.

Several people with serious injuries are receiving treatment at nearby hospitals.

The crash affected two businesses in proximity to the airport: Kentucky Petroleum Recycling and Grade A Auto Parts. Grade A Auto Parts confirmed most employees were accounted for, although uncertainty remains regarding customer safety.

Nearby, a Ford Motor assembly plant lost power but was not directly impacted by the crash.

Emergency services have worked to contain a fire resulting from the incident, which required a significant number of responders. UPS has not confirmed details regarding its crew’s condition. Photographs showed the MD-11 engulfed in flames at the Louisville Muhammad Ali International Airport.

UPS operates its primary air cargo facility in Louisville, processing millions of packages daily. The plane’s fuel load of 38,000 gallons contributed to explosions that occurred upon impact with the businesses, prompting significant road closures.

Investigation Underway

The Federal Aviation Administration and the National Transportation Safety Board will conduct investigations into the crash.

In the aftermath, all departing flights from the airport have been cancelled, affecting major airlines including Delta Air Lines and American Airlines.

News

This may be the AI market correction, according to traders

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

Published

2 days ago

November 5, 2025

Ahron Young

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.

Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.

Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.

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#StockMarket #WallStreet #Nvidia #Bitcoin #AIStocks #MarketCorrection #TickerNews #Investing