Connect with us

World

EU foreign ministers and US announce sanctions against Russian banks and individuals

Published

on

US President Joe Biden has described the ongoing situation around Ukraine as “the beginning of a Russian invasion” but he says there is still time for diplomacy.

US Imposes harsh sanctions

Biden says America will sanction Russian oligarchs in retaliation for the country’s action against Ukraine, while also warning of further measures if a full-scale war does break out.

According to the president, the sanctions on Russia will be “far beyond” anything ever imposed in the past.

When Putin made his address, he called Ukraine a US colony with a “puppet regime” and now Biden has an unmistakable message to send back.

Biden says this is “the beginning of a Russian invasion of Ukraine” as he announced harsh new sanctions to punish Moscow.

Biden says he will be full blocking sanctions on two large Russian financial institutions, cutting off Russia’s government from Western financing.

He says the US will target some members of the nation’s elite and block a vital European gas pipeline.

A Biden administration official says that the White House was “quite deliberate” on minimalising the disruption of US energy prices.

“The pain of our sanctions is targeted at the Russian economy, not ours,”

he says.

Biden called Russian President Vladimir Putin’s speech on Monday a “twisted rewrite of history”.

The US will be deploying a thousand troops and several F-35 fighter jets to the Baltic members of NATO.

Biden says Putin “explicitly threatened war” and the President said that there’s no question that Russia is “the aggressor” against Ukraine. 

He wrapped his address by telling the world that there is “still time” for diplomacy to “avert the worst-case scenario” in Ukraine.

Foreign ministers unite

The European Union foreign ministers agreed on Tuesday to a sanction package to include “351 members of the Russian State Duma who voted for the recognition of the so-called LPR and DPR” and 27 Russian individuals and entities, according to High Representative Josep Borell Fontelles.

US President Joe Biden announced a “first tranche” of sanctions against two financial institutions, in addition to existing sanctions.

He also said the US will be sending troops to the Baltic states to assist NATO allies.

Ukrainian Foreign Minister Dmytro Kuleba welcomes the latest US sanctions against Russia and says that Ukraine believes the time for sanctions is now.

“The world must respond with all its economic might to punish Russia for the crimes it has already committed, and ahead of the crimes it plans to commit,”

he says.

What you need to know:

– The Russian Foreign Ministry announced on Tuesday that it is pulling its diplomatic staff from Ukraine “to protect their lives and safety”. 

– G7 foreign ministers agreed to a “strong package” of sanctions against Russia, UK Foreign Minister Liz Truss said on Tuesday.

– Chancellor Olaf Scholz also announced that Germany is halting the certification of the Nord Stream 2 gas pipeline from Russia.

– Prime Minister Boris Johnson said the UK is imposing sanctions on five Russian banks and three wealthy individuals.

– On Tuesday, Ukrainian President Volodymyr Zelenskyy said he is considering breaking off diplomatic relations with Russia, according to the BBC.

Savannah Pocock contributed to this report

Continue Reading

Business

The Great Resignation vs. The Great Burnout

Published

on

As employees recover from the height of the pandemic, the Great Resignation has come to light

 
The pandemic saw the term ‘the great resignation’ coined as thousands of people resigned from their jobs across the U.S. in 2021 and 2022.

Karin Reed, the author of ‘Suddenly Hybrid said the great resignation was a period of employees taking control of their future.

“A lot of people realised in their current environment they were not happy with what they were doing with their job. They chose to vote with their feet and go elsewhere,

In other parts of the world, a spike in resignations was not reported.

However, a higher degree of workers began reporting post-Covid burnout, as they made a return to the office.

“There’s been a blurring of the lines. You have work that’s not confined by a physical space.

“Instead of closing the computer and walk away, our computer is in the next room.”

Continue Reading

World

Everything you need to know about music NFTs

Published

on

Music NFTs are unique digital items comprised of a visual element like NFTs but also have a musical component.

Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.

 
NFTs are non-fungible tokens. They are unique digital assets that live on the blockchain and can either be one-of-a-kind or one copy of many.

So, what are music NFTs?

Well, they are unique digital items comprised of a visual element like NFTs but also have a musical component. They also live on the blockchain and can be bought and sold.

Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.

Les Borsai, the Co-Founder of Wave Financial joined us to discuss.
#NFTs #musicnfts #tech #LesBorsai #veronicadudo #business

Continue Reading

World

AI creates a song imitating Drake and The Weeknd

Published

on

A big surprise for music fans when they heard a new song featuring Drake and The Weeknd. But there’s a catch!

The viral song was created by artificial intelligence.

 
A new song that sounds like Drake and The Weeknd has gone viral, but it was created by artificial intelligence.

Now, there’s a crusade against AI music.

The song,“Heart on My Sleeve”was created by artificial intelligence and quickly racked up millions of views on TikTok, Spotify, and YouTube.

Record label, Universal Music Group (UMG) is not happy about the song that used AI-generated vocals to simulate pop music artists Drake Graham and The Weeknd.

UMG flexed their muscle and forced the song featuring some of its biggest artists to be removed from Spotify and TikTok.

According to reports, UMG is taking it a step further and sent letters to Spotify, Apple Music, and other music streamers requesting they block AI tools from training their models on the melodies and lyrics of UMG artists.

Les Borsai, the Co-Founder of Wave Financial joined us to discuss. #AI #artificialintelligence #drake #theweeknd #veronicadudo #LesBorsai #music #popartists #UniversalMusicGroup

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company PTY LTD