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NATO: No sign of Russian de-escalation on Ukraine border

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There are looming questions regarding Russia’s claims of a troop pull back on the border with Ukraine – but according to NATO, there is still no sign of a de-escalation

NATO says that there is no sign that Russian forces are de-escalating near Ukraine, despite claims from the Kremlin that it is pulling some troops back from the border.

Nato’s secretary-general Jens Stoltenberg stated that Moscow still had a huge force ready to attack its neighbour, and he warned that the threat from Russia had become a “new normal”, adding that the defensive alliance was considering strengthening its eastern flank.

In this picture made available by Sputnik news agency, Russian President Vladimir Putin chairs a meeting with members of the government via a video conference at the Novo-Ogaryovo state residence outside Moscow, on December 24, 2021. (Photo by Alexey NIKOLSKY / Sputnik / AFP) (Photo by ALEXEY NIKOLSKY/Sputnik/AFP

The Kremlin responded to claims by Mr Stoltenberg, denying the assessment of the situation

A spokesman for the Kremlin reiterated that some troops were being withdrawn following the completion of military drills.

Russia’s defence ministry also published video on Wednesday which showed tanks leaving Moscow-annexed Crimea.

Mr Stoltenberg spoke at a summit of Nato defence ministers in Brussels this week and stated that the alliance was considering setting up new battlegroups – the smallest type of self-sufficient military units – in central and south-eastern Europe.

NATO will do this as part of ongoing measures to bolster European defence, they say.

France had offered to lead one such battle group in Romania, he said.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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