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Australia imposes sanctions on Russia

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Scott Morrison

Australian Prime Minister Scott Morrison has fronted the media on Wednesday discussing Australia’s response to the ongoing crisis in Ukraine

Australia will impose financial sanctions on Russia in response to the Kremlin’s growing aggression against neighbouring Ukraine.

Australian Prime Minister Scott Morrison on Wednesday announcing his nation stands with Kyiv and will not stand for the growing threat of an invasion.

Morrison revealed a range of new sanctions against Moscow, mostly financial sanctions.

Australia to target Russian banks and eight individuals with financial sanctions with the PM stating that “those that are financing and profiting an autocratic and authoritative regime should have nowhere to run and nowhere to hide.”

“This is only the start”

Morrison stated those that support Russia’s aggressive behaviour will be targeted, and revealed that the county’s top security agency ASIO is monitoring every move.

“Russia is behaving like thugs and bullies”

China was soon brought into the conversation at the press conference, to which the Prime Minister revealed he was somewhat pleased with Beijing’s improved response to the crisis in Ukraine.

“Ukraine is in the firing line of Russian guns, tanks & missiles”

Morrison was hopeful that the Chinese government would “join” other nations around the world in denouncing actions by Russia.

US President Joe Biden has described the ongoing situation around Ukraine as “the beginning of a Russian invasion” but he says there is still time for diplomacy.

Biden says America will sanction Russian oligarchs in retaliation for the country’s action against Ukraine, while also warning of further measures if a full-scale war does break out.

According to the president, the sanctions on Russia will be “far beyond” anything ever imposed in the past.

When Putin made his address, he called Ukraine a US colony with a “puppet regime” and now Biden has an unmistakable message to send back.

Biden says this is “the beginning of a Russian invasion of Ukraine” as he announced harsh new sanctions to punish Moscow.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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