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Russia suspends its partial mobilisation and grain export corridor

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2 years ago

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Russia’s Defence Ministry says all partial mobilisation activities have been suspended

Volunteers and contractors will be engaged in Russia’s military drive, after a revised strategy from the Ministry of Defence.

“All activities related to the conscription… of citizens in the reserve have been stopped,” the ministry said.

It means no further call-up notices will be issued but it is not an end to the partial mobilisation policy itself.

Russia has continued its bombardment of Ukraine’s military control and energy systems.

Around 40 per cent of Kyiv’s population remains without water, with over 200,000 residents unable to power their homes.

Grain exports on hold

Russia has suspended its grain export corridor with Ukraine. Moscow said “the move was provoked by the actions of Kyiv”.

Russia’s Defence Ministry said the Black Sea naval route was being used to launch attacks.

But U.S. Department of State spokesperson, Ned Price said the blockade will have significant impacts.

“Any disruption to the initiative risks spiking food prices, lowering the confidence of insurers and commercial shippers who have returned to Black Sea routes and further imposing hardships on lower income countries already reeling from dire humanitarian crises and global food insecurity.”

Russia says the UN-backed deal had been suspended for an indefinite period of time, and did not provide a timeline for it to reopen.

The U-S says there would be global consequences if Russia continues its blockade.

“This is not a bilateral issue between Russia and Ukraine,” Price said.

U.S. officials believe two-thirds of the wheat exported under th initiative has gone to developing counties.

“It is not in Russia’s interest, it is not in the interests of the international community to see what could be a kind to a form of collective punishment for this to remain suspended,” Price said.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Why Australia is becoming the new home of the Hollywood blockbuster

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2 days ago

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May 17, 2024

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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3 days ago

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May 17, 2024

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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3 days ago

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May 17, 2024

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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