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Russia unleashes rockets on steel plant

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While some civilians have been evacuated from the Steel Works in the port city of Mariupol in Ukraine, Russia has unleashed rockets on to the area

A ceasefire supported by the UN and Red Cross allowed some to escape to Ukrainian-controlled Zaporizhzhia but many more remain trapped beneath the plant.

This comes as Russia continues its attack, particularly targeting Ukraine’s east and south with little luck in taking over the capital of Kyiv.

The West of Ukraine has also been a target in a bid to limit Ukraine’s access to the Black Sea from which the country receives much of its grain, metal exports and military aid.

Russia’s defence ministry claims its forces hit a military airfield near the port of Odesa with missiles, damaging or destroying missiles, drones and ammunition provided to Ukraine by Western countries.

The European Union is now planning on imposing new sanctions on Russia in response… affecting Moscow’s oil industry, banks and those behind disinformation.

“We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports”

The EU’s top diplomat Josep Borrell tweeted

Russia’s top lender Sberbank is expected to be targeted, excluding it from the SWIFT messaging system and a ban on imports of Russian oil by the end of this year is also in consideration.

The proposed measures will be presented to the 27 EU member states for approval on Wednesday.

Meanwhile US President Joe Biden has also urged Western nations to support Ukraine, emphasising how much US aid has helped Ukrainians in their fight against Russian aggression.

Russia’s President Vladimir Putin has hit back saying he could stop exports and deals.

The President signed a broad decree that prohibits the export of products and raw materials to those on a sanctions list that Russia’s government has been working on over the past 10 days.

This could cause chaos in markets allowing Moscow to stop exports and tear up contracts with an entity or individual it has sanctioned.

Putin specified that this move is a direct response to what he calls the illegal actions of the US and its allies to deprive “the Russian Federation, citizens of the Russian Federation and Russian legal entities of property rights or the restricting their property rights”.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Trump orders Pentagon to resume nuclear testing immediately

Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

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In Short:
– Trump ordered the Pentagon to resume nuclear testing, risking global tensions and retaliation from other nations.
– Proliferation concerns are rising as nuclear states modernise arsenals and the New START Treaty nears expiration.
US President Donald Trump has ordered the Pentagon to resume nuclear weapons testing immediately, aiming to align with testing programs from other countries according to the conversation.Resuming explosive nuclear tests would likely trigger retaliatory responses from nuclear-armed nations like Russia and China, worsening the arms race and increasing global risks.

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The potential for worldwide radioactive fallout remains high, even for underground tests. The Comprehensive Nuclear Test Ban Treaty, signed by 187 states, prohibits such testing, yet the US remains a signatory without ratification, bound not to violate the treaty’s intent.

Nuclear weapon testing, once crucial for understanding weapon effects and military planning, has diminished. Since World War II, nuclear tests have largely focused on developing new designs. Significant environmental and health concerns led to a moratorium on atmospheric testing in the early 1960s and the Partial Test Ban Treaty in 1963.

Many countries, including the US, stopped explosive testing in the 1990s. Technological advancements allowed nations to develop nuclear weapons without the need for actual explosions.

Proliferation Risks

Nuclear proliferation continues, with all nine nuclear-armed states investing heavily in modernising their arsenals. This raises concerns about lowered thresholds for using such weapons.

Recent conflicts involving nuclear threats have escalated, and the number of nuclear weapons operationally available has begun to rise again. Russia has tested advanced nuclear weapons, while China is rapidly expanding its military capabilities.

The New START Treaty, which confines the nuclear capabilities of the US and Russia, is set to expire soon, with no successor treaty negotiations underway.

The Doomsday Clock has moved closer to midnight this year, highlighting the heightened dangers facing the world today.

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US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

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Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


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Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

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Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


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