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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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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