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Russia is about to annex Ukraine, so what happens next?

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Moscow is about to annex a swath of Ukraine, releasing what it called vote tallies showing support in four partially occupied provinces to join Russia

It looks like Russia is poised to annex a large chunk of Ukraine.

This comes after so-called referendums were held in four occupied provinces, which showed overwhelming support for joining Russia.

Of course, these referendums were anything but legitimate. They were held at gunpoint and were widely denounced by Kyiv and the West as sham votes.

“They can announce anything they want. Nobody voted in the referendum except a few people who switched sides. They went from house to house but nobody came out,” said Lyubomir Boyko, 43, from Golo Pristan, a village in Russian-occupied Kherson province.

People attend a rally and a concert in support of annexation referendums in Russian-held regions of Ukraine, in Saint Petersburg on September 23, 2022.

Moscow takes charge

Nevertheless, it looks like Moscow is moving ahead with its plans to absorb these Ukrainian regions. A tribune has been set up on Red Square, with giant video screens proclaiming “Donetsk, Luhansk, Zaporizhzhia, Kherson – Russia!”

The Russian-installed administrations of the four Ukrainian provinces on Wednesday formally asked Putin to incorporate them into Russia, which Russian officials have suggested is a formality.

“The results are clear. Welcome home, to Russia!,” Dmitry Medvedev, a former president who serves as deputy chairman of Russia’s Security Council, said on Telegram.

It’s expected that President Vladimir Putin will give a speech within days confirming the annexation. This would mean that, in just over a week, Putin has gone from endorsing the sham referendums to formalizing the annexation of Ukrainian territory.

This latest development is sure to increase tensions between Russia and the West. It also further diminishes the chances of a peaceful resolution to the conflict in Ukraine.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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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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