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Airline resumes flights to Russia, despite war

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Wizz Abu Dhabi will resume flights to Russia from October 3, despite global warnings

Wizz Abu Dhabi has confirmed it will resumes its flights to Russia from October 3, despite the war in Ukraine.

The budget airline says ‘passenger demand’ is the main reason behind putting Russia back on their destination list.

“Wizz Air Abu Dhabi is a national UAE carrier that operates in line with the UAE’s national regulations and policies…

The airline is resuming its operation to Moscow to meet travel demand for passengers wishing to fly to and from Russia from the UAE capital…

All UAE national airlines are currently operating direct flights to Russia...

Wizz Air Hungary and Wizz Air UK are not currently operating flights to Russia.”

wizz air statement

As the war in Ukraine moves into its sixth month, countries around the world continue to condemn Russia’s atrocities.

Immediately following Russia’s invasion of Ukraine, international businesses boycotted the country and world leaders economically isolated them from the global stage.

Most sanctions against Russia are still in place and will remain that way until Russia ceases its war in Ukraine.

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Money

ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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