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Ukraine declares state of emergency as Russia puts final touches on ‘war’

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The threat of a Russian war is now becoming a grim reality in Ukraine, as the Kremlin increases its aggression with its neighbour

Russian-backed rebels say tens of thousands of people have left Donetsk and Luhansk to cross into southern Russia, as the threat of a war becomes a grim reality.

Families making the journey spoke to media in Ukraine about their experiences, with some saying they had not received the food and accommodation they had been promised by officials.

Russian President Vladimir Putin attends a flower-laying ceremony at the Russian Civil War memorial on Unity Day, in Sevastopol, Crimea, on November 4, 2021. (Photo by Mikhail Metzel and Mikhail METZEL / SPUTNIK / AFP) (Photo by MIKHAIL METZEL/SPUTNIK/AFP

Ukrainian Government websites struck by cyber attack

Key Ukrainian government websites have been hit by what seems to be a cyber attack, with sits down early Thursday local time.

It follows a day in which Ukrainian agencies dealt with multiple cyberattacks and as concerns mounted over Russian troop movement into Ukraine’s separatist regions.  

The websites of the Ukrainian Cabinet of Ministers, as well as those of the ministries of foreign affairs, infrastructure, education and others, were hit with mass outages.

According to reports, a separate and potentially more serious hacking incident hours earlier, a data-wiping tool was found on hundreds of computers in Ukraine, according to cybersecurity researchers, raising concerns that a destructive cyberattack was unfolding amid Russia’s military escalation.

White House continues to monitor evolving situation in Ukraine / Image: File

Dnipro, Kharkiv, Zaporizhzhia airports in Ukraine closed until Thursday morning

Airports at Dnipro, Kharkiv and Zaporizhzhia in Ukraine are closed to traffic until Thursday morning, according to notices to airmen issued by local authorities.

No reason was provided for the closures, which are due to end between 05:00 and 06:35 GMT, depending on the airport.

Russia shuts east Ukraine airspace – monitoring group

Russia has now issued a civil aviation notice, warning that it is closing virtually all of eastern Ukrainian airspace on the border with Russia, a monitoring group says.

The Open Source Intelligence Monitor says no “limit or ending time” has been provided so far by Moscow in its Notice to Airmen, known as Notam.

Antony Blinken’s cancels meeting with Russia’s Lavrov, warns of major threat

US Secretary of State Antony Blinken has told NBC News: “Unfortunately, Russia has positioned its forces at the final point of readiness across Ukraine’s borders to the north, to the east, to the south. Everything seems to be in place for Russia to engage in a major aggression against Ukraine.”

America’s top diplomat also denied Washington was out of options to deter Russia. “I think [there’s] still an opportunity to avert a major aggression, although again, they’re in their final stages of being able to engage in one.

“We said very clearly that if Russia continues to escalate, so will we. And so they have to factor that in to what they’re thinking.

“At the end of the day, if that doesn’t stop President Putin, we’ve made very clear along with all of our allies and partners that there will be massive consequences going forward, a price that Russia will have to pay for a long, long time,” Blinken added.

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Wall St faces corporate earnings wave amid stock rally

Stocks rally faces earnings wave as investors wary of AI trade, Fed rate cuts, and weak labour market amid US shutdown

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Stocks rally faces earnings wave as investors wary of AI trade, Fed rate cuts, and weak labour market amid US shutdown

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In Short:
– U.S. stocks rally continues, raising concerns over AI trade and potential Fed interest rate changes.
– S&P 500 profits expected to rise 13.8%, but high market valuations create caution among investors.
U.S. stocks maintain a rally amid a busy week for corporate earnings, raising investor concerns over the strength of the artificial intelligence trade and potential Federal Reserve interest rate adjustments.The S&P 500 ended October with a 2.3% monthly increase and its sixth consecutive month of gains.

However, mixed results from major companies have cast doubt on future interest rate cuts after the Fed eased rates by a quarter point on Wednesday. Fed Chair Jerome Powell signalled that a cut at December’s meeting is uncertain, contrary to investor expectations.

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Third-quarter earnings have exceeded expectations, with S&P 500 profits projected to rise by 13.8% year-over-year. Over 130 companies are set to report results in the coming week.

Market Valuation

The S&P 500’s forward price-to-earnings ratio has exceeded 23, raising concerns about high market valuations reminiscent of the dot-com era. Analysts suggest earnings must support future stock returns given current valuation levels.

Historically, November is a strong month for stocks, averaging a gain of 1.87%. Future performance trends may indicate continued upward movement, as past instances show stocks often rise after substantial year-to-date gains.

With 44% of S&P 500 companies reporting, 83% have surpassed earnings expectations, signalling strong corporate performance despite challenges. Companies such as Meta Platforms and Microsoft saw share declines post-earnings due to increased spending on AI, while Alphabet’s stock rose amid positive sentiment regarding its cash flow management.

Investors maintain caution due to rising workforce reductions, particularly after Amazon announced a significant global workforce decrease. The ongoing U.S. government shutdown, now the second longest in history, adds uncertainty as critical economic data releases are delayed.


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Ukraine targets and destroys key Russian fuel pipeline

Ukraine hits critical Russian fuel pipeline, delivering major logistics blow near Moscow during intensifying energy warfare

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Ukraine hits critical Russian fuel pipeline, delivering major logistics blow near Moscow during intensifying energy warfare

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In Short:
– Ukraine targeted and damaged the Koltsevoy fuel pipeline supplying Russian forces on October 31.
– Russian attacks on Ukrainian energy infrastructure escalated, resulting in civilian casualties.
Ukraine’s military intelligence has successfully targeted a key fuel pipeline supplying Russian forces near Moscow.
The attack damaged all three lines of the 400-kilometer Koltsevoy pipeline system, marking a significant setback for Russia’s military logistics.The action coincided with an escalation in Russian attacks against Ukrainian energy infrastructure, leading to multiple casualties from drone strikes that resulted in at least four civilian deaths and numerous injuries.

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The Main Intelligence Directorate (HUR) of Ukraine confirmed the operation specifically targeted the Koltsevoy pipeline located in Ramensky district. Despite robust security measures, the attack successfully disrupted a pipeline critical for transporting fuel to the Russian military.

HUR noted the pipeline had a substantial annual capacity, delivering millions of tons of jet fuel, diesel, and gasoline.

HUR chief Kyrylo Budanov stated that the damage inflicted was more substantial than international sanctions against Russia.

Energy Disruption

Ukraine’s strategy centers on disrupting Russian energy logistics to exert economic pressure. Ukraine’s forces have frequently targeted Russian fuel facilities, with officials claiming this approach is yielding greater success than economic sanctions.

Russian military actions against Ukraine intensified concurrently, with a reported 270 missile strikes in October and drone assaults resulting in significant civilian casualties.

The ongoing conflict has drawn international condemnation, particularly from the G7, which criticises Russia’s attacks as harmful to social and economic stability in Ukraine.


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How Gen Alpha are positioned to shape the future of education

Future of education: how Generation Alpha and engaged parents are shaping schools amid challenges and rapid change

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Future of education: how Generation Alpha and engaged parents are shaping schools amid challenges and rapid change

In Short:
– Future education involves increased parental engagement and adapting to technological changes for younger generations.
– Barriers to involvement include time constraints and poor communication from schools, impacting family-school relationships.
What does the future of education look like for parents and students?
On this episode of Beyond Education, Enquiry Tracker founder Greg Campitelli explores the evolving landscape of schooling with insights from Mark McCrindle, founder of McCrindle Research. McCrindle, a notable social analyst.
In the conversation, he noted significant shifts in education accessibility and the increasing need for parental involvement.
A recent study indicated that 83% of parents prioritise engagement in their children’s schooling, seeking to actively participate despite busy schedules. Parents are investing in education, valuing it highly while wanting to play a hands-on role.
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