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Temporary Russian gas pipeline shutoff worries Europe

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Russia has temporarily cut supply of gas from the main pipeline to Germany, worrying several EU nations

Russia has ‘temporarily’ shut down gas supplies in Nord Stream 1 gas pipeline – the main supply line to Germany.

It has sparked fears for energy security in several European nations.

The most recent shut down – however – was scheduled in advance and part of ‘routine maintenance’ during the summer – when gas usage is lower.

It is scheduled to last ten days.

But it hasn’t stopped worries over future prolonged outages.

“Our concerns are growing that Russia is clearly using gas supplies as a political weapon to drive up prices, unsettle markets and spread chaos,”

ROBERT HABECK, GERMAN MINISTER FOR ECONOMIC AFFAIRS

German officials have said they don’t know when Gazprom – Russia’s energy company which has a monopoly on exports – will resume deliveries once the scheduled maintenance is scheduled to end.

A reduction in gas supply is also affecting Italy.

The European Commission is planning proposals in July to determine how EU countries would coordinate rationing of industrial energy and which sectors to prioritise if they are faced with fewer and fewer supplies in the future.

Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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Why Australia is becoming the new home of the Hollywood blockbuster

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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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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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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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