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Iranians rally in Berlin in solidarity with protesters at home

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Some 80,000 Iranians and their supporters marched in Berlin on Saturday, in one of the biggest rallies by the Iranian diaspora in solidarity with ongoing protests.

The protests in Iran were triggered by the death of a young woman in police custody. Mahsa Amini, 22, died after being arrested by morality police in Tehran on 13 September for allegedly wearing her headscarf too loosely.

Police denied reports that she was beaten on the head with a baton and said she suffered a heart attack.

Amini’s death catalyzed six weeks of demonstrations by Iranian women against the mandatory wearing of headscarves, which they see as a symbol of oppression. The slogan of the protesters has been “Women, Life and Liberty!”

On Saturday, rallies were held in several world capitals including Washington, where thousands turned out.

The rally in Berlin was one of the biggest held by the Iranian diaspora in solidarity with the protesters at home. Chanting “Women, Life and Liberty!”, Iranians from across Europe came together to show their support.

In Iran itself, the protests have entered a sixth week with no end in sight. The demonstrators are calling for an end to the mandatory wearing of headscarves, as well as an end to the Islamic Republic itself. The regime has responded with a heavy-handed crackdown, arresting hundreds of people and using violence against those who take to the streets.

The international community has been largely silent on the issue, but there are signs that that may be changing. In recent days, both Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron have spoken out in support of the protesters. It remains to be seen whether this will lead to any concrete action, but it is clear that the world is watching closely as the situation in Iran unfolds.

The rally in Berlin is one of many being held around the world in solidarity with the protesters in Iran.

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Eisman identifies infrastructure as key investment opportunity

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Famed investor Steve Eisman, has shifted his focus to infrastructure, citing three main reasons.

 

The pandemic-induced shift towards onshore investment, the rise of AI necessitating data centre expansion, and the global push towards greener energy.

Eisman believes these trends offer a decade-long opportunity for investors, with Australia presenting ample opportunities for market participation.

Notable companies to consider for exposure include BlueScope and James Hardie Industries for building materials, Macquarie Technology and Goodman Group for data centres, and Worley, AGL Energy, and Origin Energy for electricity grid upgrades and green infrastructure.

However, Eisman cautions investors to approach utility investments carefully, considering their capital expenditure budgets in renewable energy and grid upgrades.

 

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Civil War cinema brings in the box office dollars

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Alex Garland’s film “Civil War” has made a significant impact at the box office, surpassing expectations with a $25.7 million opening weekend in North America.

Starring Kirsten Dunst, Wagner Moura, and Cailee Spaeny, the film explores a near-future scenario where California and Texas unite against a president’s authoritarian regime. Despite fictional elements, “Civil War” has sparked widespread discussion, with its themes resonating in today’s political climate. The film’s performance, coupled with positive reviews, suggests a promising trajectory in the coming weeks, bolstered by a relatively quiet release schedule.

You can catch the trailer here

 

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Oil likely to see hike following Iran’s Israel attack

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Global oil markets are poised for potential disruption as tensions escalate in the Middle East following Iran’s recent attack on Israel.

The attack, which targeted key infrastructure, has raised concerns about the stability of oil supplies in the region.

Experts predict that the incident could lead to a spike in oil prices as investors react to the heightened geopolitical risk. #ticker today #featured

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