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Russian oil boycott – EU vows Putin must pay

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The EU vows Putin must pay a heavy price as it proposes to ban all Russian Oil by the end of 2022

But the measures risk a veto from at least two EU nations heavily reliant on Russian oil.

European Commission President Ursula von der Leyen says the package was aimed at maximising pressure on Russia while minimising damage to Europe.

The EU has been focusing for weeks on how to wean itself off Russian oil and gas.

“We will make sure that we phase out Russian oil in an orderly fashion,” the Commission president said.

The package first has to be approved by EU ambassadors and is set to be signed off in the next few days.

“They exactly know that what they are proposing is against Hungarian interests… and if we do that we are completely going to ruin the Hungarian economy,” Hungarian government spokesman Zoltan Kovacs on why his country would veto it in its current form.

Slovakia as well as Hungary currently relies on Russian oil and under the initial proposal would be given until the end of 2023 to find alternative suppliers.

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Will the Fed reserve’s cautious stance tame inflation or stifle growth?

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The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

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