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Russia slapped with sanctions over Ukraine annexation

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Vladimir Putin will sign a formal annexation of four more areas of Ukraine. It comes after self-styled referendums were held in Luhansk and Donetsk in the east, and in Zaporizhzhia and Kherson in the south

The move has been condemned by Ukraine and the West as a sham, with Russian-backed officials claiming that the exercise secured almost total popular support.

It’s the latest development in the ongoing conflict between Russia and Ukraine – as Putin uses a similar playbook to his annexation of Crimea in 2014.

Since then, tensions have remained high, with both sides regularly exchanging fire.

Putin has shown no signs of backing down. But neither is Ukraine.

Ukraine’s Presidentsays the “pseudo-referendums” are worthless and don’t change reality.

No independent monitoring of the Russian process took place.

The US says it will impose sanctions on Russia because of the staged referendums, while EU member states are considering an eighth round of measures, including sanctions on anyone involved in the votes.

Russia does not fully control any of the four regions it has decided to annex. Although most of Luhansk remains in Russian hands, Moscow only controls 60% of Donetsk.

The move is likely to deepen the divide between Russia and the West.

Seven months after Russian forces invaded Ukraine from the north, east and south, war is still raging on front lines in all four areas.

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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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

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Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Israeli claims airstrikes have killed two successors to Hezbollah’s slain leader

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The update comes as Israel expands its ground offensive against the Iran-backed group with a fourth army division deployed into south Lebanon.

Israel Prime Minister Benjamin Netanyahu spoke in a video released by his office hours after the deputy leader of Hezbollah left the door open to a negotiated ceasefire, reports Reuters

Israel’s military said on Tuesday that heavy air strikes against underground Hezbollah installations in southern Lebanon over the prior 24 hours killed at least 50 fighters including six sector commanders and regional officials. #featured #trending

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