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Ukraine in the dark as nation’s energy crisis worsens

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Ukraine in the dark following Moscow’s recent attacks on the nation’s energy infrastructure

Ukraine’s President Volodymyr Zelensky held a crisis meeting on his country’s energy breakdown, with much of Ukraine in the dark.

“We are working to create mobile power points for the critical infrastructure of cities, towns and villages,” Zelensky said. “We are preparing for various scenarios.”

Ukrainian energy officials will now launch emergency blackouts, in a bid to prevent the grid from overloading.

Around 40 per cent of the country’s critical power infrastructure has been damaged, as a result of Russian missiles.

Repairs works are underway, but in the meantime the country will experience nation-wide consumption restrictions.

“Of course, we will do everything possible to restore normal energy capabilities of our country. But this requires time and our combined effort,” Zelensky said.

Ukraine’s president is appealing to Ukrainians to become careful about electricity consumption.

“Please do not turn on unnecessary electrical appliances. Please limit electricity consumption on those appliances that require a lot of energy,” he added. “Tomorrow it is very important that consumption is as conscious as possible. Then the schedules of stabilisation outages will be shorter.”

During the address, Zelensky also thanked Ukraine’s armed forces for their success in shooting down Russia’s kamikaze drones and cruise missiles.

233 ‘Shaheds’ and dozens of missiles have been shot down by Ukraine’s military in just a few months. This includes 10 Iranian-made drones.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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