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Russia unleashes rockets on steel plant

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While some civilians have been evacuated from the Steel Works in the port city of Mariupol in Ukraine, Russia has unleashed rockets on to the area

A ceasefire supported by the UN and Red Cross allowed some to escape to Ukrainian-controlled Zaporizhzhia but many more remain trapped beneath the plant.

This comes as Russia continues its attack, particularly targeting Ukraine’s east and south with little luck in taking over the capital of Kyiv.

The West of Ukraine has also been a target in a bid to limit Ukraine’s access to the Black Sea from which the country receives much of its grain, metal exports and military aid.

Russia’s defence ministry claims its forces hit a military airfield near the port of Odesa with missiles, damaging or destroying missiles, drones and ammunition provided to Ukraine by Western countries.

The European Union is now planning on imposing new sanctions on Russia in response… affecting Moscow’s oil industry, banks and those behind disinformation.

“We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports”

The EU’s top diplomat Josep Borrell tweeted

Russia’s top lender Sberbank is expected to be targeted, excluding it from the SWIFT messaging system and a ban on imports of Russian oil by the end of this year is also in consideration.

The proposed measures will be presented to the 27 EU member states for approval on Wednesday.

Meanwhile US President Joe Biden has also urged Western nations to support Ukraine, emphasising how much US aid has helped Ukrainians in their fight against Russian aggression.

Russia’s President Vladimir Putin has hit back saying he could stop exports and deals.

The President signed a broad decree that prohibits the export of products and raw materials to those on a sanctions list that Russia’s government has been working on over the past 10 days.

This could cause chaos in markets allowing Moscow to stop exports and tear up contracts with an entity or individual it has sanctioned.

Putin specified that this move is a direct response to what he calls the illegal actions of the US and its allies to deprive “the Russian Federation, citizens of the Russian Federation and Russian legal entities of property rights or the restricting their property rights”.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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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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