Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

WATCH: New artwork floating in Venice canals

Published

on

New artwork has been added to the city’s canal collection

 

The floating city of Venice now has a new claim to fame, with a giant floating fresco sailing through the canals.

The work of a French-Swiss graffiti artist is a close-up of two people’s hands holding each other.

The artist says his work is part of a global project, designed to promote “Finding common solutions” to the problems humanity faces.

Floating through the Venetian canals, he adds this is symbolic of the fragile times we are living through given “Venice is a city that floats on water” at the mercy of climate change.

Image provided by REUTERS news

The city is gradually sinking

In 2019, Venice experienced the second-worst flood in history with fears of the increasing impact of climate change.

Venice’s layout, built on log piles among cannels, makes the city vunrable to climate change. Especially as the rising sea levels are leading to the gradual inundating of the 1,600-year-old city.

According to a recent study published by the European Geosciences Union, Venice’s worst-case scenario for the rise in sea level by the end of the century is 120 centimetres.

Savannah Pocock contributed to this article.

Continue Reading

News

US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

Published

on

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

Banner

Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


Download the Ticker app

Continue Reading

News

Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

Published

on

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


Download the Ticker app

Continue Reading

News

Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

Published

on

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


Download the Ticker app

Continue Reading

Trending Now