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How a Chernobyl vodka producer is using disaster to support refugees

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 In 1986 the world held its breath when the Chernobyl disaster devastated Ukraine, but scientists got creative with the aftermath

Scientists experimented with slightly radioactive fruit, grown in orchards in or near the contaminated exclusion zone that surrounds Chernobyl’s nuclear power plant.

They wanted to see if the fruits could be distilled into a spirit – which was successful.

Profits from the spirit drink called Atomik were channelled into communities that live in deprived areas close to the zone.

Russian troops occupy the land where that fruit is grown and harvested, so now the Chernobyl Spirit Company will support Ukrainian refugees and communities with profits from its two new premium fruit schnapps.

The drinks are distilled from apples, pears and plums from areas affected by the Russian invasion.

Professor Jim Smith and his Ukrainian colleagues set up the social enterprise and he says after spending his career working on the consequences of Chernobyl… he is horrified to see a much worse impact of the Russian war on Ukraine.

The future of the Atomik project – and that of the people who live and grow fruit in their orchards near the exclusion zone – is uncertain.

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France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

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In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


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Trump moves to fast-track removal of Fed governor Lisa Cook

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The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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