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EU leaders cut off a “huge source of financing” for Putin’s war machine

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EU leaders have finally clenched a deal on banning Russian oil imports, after facing strong opposition from Hungary

Under the agreement, two-thirds of all Russian oil imports will be blocked, cutting off a “huge source of financing” for Putin’s war machine.

The European Union’s chief believes this move will put maximum pressure on Russia to finally end its war.

All 27 member states had to agree on the partial ban, which forms part of a sixth package of sanctions against Moscow.

This comes as Ukrainian President Volodymyr Zelensky called for greater unity across the board, in a passionate plea to European leaders

Labelling the Union ‘too soft’, Zelensky says now is not the time to be seperate fragments.

The Ukrainian President was requesting a new set of sanctions against Russia, including a ban on Russian oil.

Recent internal quarrels within the EU’s top body has lead to the delay on any new action against Putin and his war machine.

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Money

Why “Stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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