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Australia imposes sanctions on Russia
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.
News
Tensions rise as Iran threatens conflict and U.S. increases naval forces
Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.
Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.
Iran has warned of a potential regional conflict if the U.S. launches an attack, while labelling European armies as terrorists. Supreme Leader Ayatollah Ali Khamenei insisted that threats from President Trump will not intimidate the Iranian people.
The U.S. has ramped up its naval presence in the Middle East in response to mounting threats, amid speculation over Iran’s next moves. Iranian officials have denied claims of imminent naval exercises in the Strait of Hormuz, adding to global uncertainty.
News
Carlos Alcaraz becomes youngest man to complete career Grand Slam
Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.
Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.
Carlos Alcaraz has stunned the tennis world by winning the Australian Open, becoming the youngest man to complete a Career Grand Slam at just 22 years old.
The world number one beat Novak Djokovic in a thrilling four-set match, finishing 2-6, 6-2, 6-3, 7-5. Djokovic missed out on claiming his 25th Grand Slam title. To mark the milestone, Alcaraz revealed he plans to add a new tattoo of a kangaroo on his leg, joining his existing Eiffel Tower and Wimbledon strawberry tattoos.
#CarlosAlcaraz #AustralianOpen #GrandSlam #TennisHistory #NovakDjokovic #SportsNews #TennisTattoo #YoungChampion
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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.
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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