News

World Bank suspends aid to Sudan following military coup

Published

3 years ago

October 28, 2021

ticker NEWS

Following the military takeover of Sudan, the World Bank has suspended its aid to the nation

The World Bank has halted disbursements for operations in Sudan, in response to the recent capture of power by the military from a transitional government, while state oil company workers, doctors and pilots joined civilian groups opposing the takeover.

This comes as the African Union withdraws support over an “unconstitutional” seizure of power and the United States freezes $700 million in funding.

Sudan’s military staged a coup on Monday, arresting political leaders and sending the country into panic.

Sudan’s military and civilian leaders have been engaged in a delicate power-sharing agreement over the past two years, making this takeover somewhat unsurprising.

It’s expected that this reduction in aid will have disastrous consequences to Sudan’s economy at a time when the nation was finding its own feet.

The World Bank has previously given the country more than $3 billion in aid to support agriculture, transport, health care and education.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

3 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending