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‘No ceasefire in sight’ – UN Chief’s warning after Putin call

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U.N. Chief, António Guterres, says the Ukraine war is “far away” after speaking on the phone with Russia’s Vladimir Putin

Guterres believes a peaceful end to the war is not likely anytime soon, following his conversation with Putin.

“A ceasefire is not in sight, I would be lying if I said it would happen.”

António Guterres – Secretary-General of the United Nations
Credit: BBC

German Chancellor Olaf Sholz also spoke with the Russian leader and believes his “attitude hasn’t changed.”

“Unfortunately, I can’t tell you that he has now come to realise that it was a mistake to start this war, and there is no indication that new attitudes are now emerging…

It is still right to talk to each other and to say what I have to say on these issues from my point of view, because I am strongly convinced that Russia must withdraw … so that peace has a chance in the region, and every day it becomes clearer that this is the only chance. We have to talk about that, and that is what I have done.”

Olaf scholz – German chancellor
Credit: DW

Future of the war

Over recent days, Ukraine’s counter-offensive efforts have proven successful, and have instilled hope back to Ukrainians.

Ukraine’s Volodymyr Zelensky has thanked his military, during a visit to newly liberated towns.

His speech was followed by a moment’s silence to remember those lost in the war.

Ukrainian forces are now turning their attention to the Luhansk region in the east, which is home to essential transport hubs.

In Russia, China’s leader, Xi Jinping has arrived in Samarkand, Uzbekistan. Here, he will meet with Putin, in what will be the first face-to-face meeting since the Ukraine war began.

The question remains, will China lend support?

Credit: CNN

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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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