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Two sailors die in Sydney to Hobart tragedy

Two sailors tragically died in separate incidents during the 2024 Sydney to Hobart race amidst severe weather conditions.

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Two sailors tragically died in separate incidents during the 2024 Sydney to Hobart race amidst severe weather conditions.

Two sailors died during the 2024 Sydney to Hobart race in separate incidents.

The NSW Police confirmed that both fatalities occurred early Friday morning as severe weather impacted the race along the NSW south coast.

The race committee reported that both sailors were struck by a sail boom. This marks the first fatalities in the race since six sailors died during the 1998 race.

Australian Prime Minister Anthony Albanese expressed condolences on social media, emphasising the heartbreak of losing lives during such a cherished event.

The first incident involved a crew member from the yacht Flying Fish Arctos, which occurred approximately 30 nautical miles east of Ulladulla. CPR efforts failed to revive the individual after being struck.

The second tragedy took place around 2.15am, involving a crew member on the yacht Bowline, who was also struck by a sail boom east of Bateman’s Bay. Unfortunately, CPR was unsuccessful in this case as well.

As of early morning, 12 out of 104 vessels in the race had retired, leaving 92 boats still competing in the 628-nautical mile race.

The conditions were predicted to be dangerous, with winds up to 35 knots and substantial waves expected.

Commentators noted the event’s chaotic nature, with race leader Comanche retiring due to mainsail damage.

The focus now remains on the crews and families affected by these tragic incidents. Race control has indicated further details will be released once family members have been notified.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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