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Why is Singapore’s airport closed?

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Singaporean authorities are restricting access to Changi Airport, in response to a growing COVID-19 cluster that is linked to the air travel hub.

The first identified case in the cluster, an 88-year-old airport cleaner, was detected on May 5.

The cluster has since grown to 25 cases, which includes seven new infections that were recorded on Wednesday.

In response to the rising case numbers, all Changi Airport passenger terminal buildings and Jewel Changi Airport will be closed to the public for two weeks.

Jewel is a nature themed entertainment complex that features restaurants, shops and even a 40-metre indoor waterfall.


The two-week closure is to allow for the “cleaning and disinfection of the premises and facilities”, and for all workers to be tested.

The airport will remain open for air travel, however access to the terminals will be restricted to passengers with air tickets and essential airport workers.

Other members of the public are not permitted to enter the terminals, but will be allowed to drop off or pick up passengers.
The majority of the cases in this cluster are breakthrough infections, meaning the patient contracted the virus despite being fully vaccinated.

Hannah Clapham is an Assistant Professor at NUS Saw Swee Hock School of Public Health in Singapore.

“So when we look at the numbers, when we see a lot of infections in vaccinated people, we have to remember that a lot of people have been vaccinated because we were worried about their risk of transmission,” the epidemiologist told Ticker.

She says it is “really reassuring” that “we have seen much milder cases in vaccinated individuals”.

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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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