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Is Ukraine too reliant on one man: Elon Musk?

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Elon Musk, the billionaire entrepreneur known for his ventures in space exploration and electric vehicles, has found himself entangled in geopolitical conflicts, shedding light on the complex ethical dilemmas arising from his influence.

 
However, Musk’s involvement took a more consequential turn during Russia’s invasion of Ukraine last year, with ethically murky consequences, Hugo Rifkind recently wrote in the Australian.

When Ukraine’s internet infrastructure was compromised by early attacks, the country’s deputy prime minister, Mykhailo Fedorov, reached out for help on Twitter. Musk, who is an active user of the platform, quickly responded by offering access to Starlink, his satellite-based internet service.

This assistance proved crucial for Ukraine, enabling its military to operate drones effectively in the conflict against invading Russian forces.

Yet, Musk’s engagement in the Ukraine conflict had its limits. When Ukraine sought to use Starlink to target Russian boats in the Crimean port of Sevastopol, Musk refused, resulting in submarine drones losing connectivity and washing ashore harmlessly.

Musk defended his decision, stating that complying with Ukraine’s request would have made SpaceX explicitly complicit in a major act of war.

This ethical dilemma reflects the challenges faced by all parties supporting Ukraine, balancing assistance with the potential repercussions from Russia. However, Musk’s unique position as an influential billionaire adds complexity to the situation.

Should one person have this much influence?

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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