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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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Climate report warns of rising heat deaths and property losses

Australia faces dire climate predictions, with potential for massive property value losses and thousands of heat-related deaths without action

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Australia faces dire climate predictions, with potential for massive property value losses and thousands of heat-related deaths without action

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In Short:
– Climate change could cause hundreds of deaths and $500 billion decline in property values in Australia.
– Increased extreme weather events may lead to rising insurance costs and potential uninsurability of homes.
A government report warns that climate change could lead to significant challenges for Australia, with hundreds of deaths expected from heat-related illnesses.
Property values may decline by up to $500 billion as homes risk becoming uninsurable due to extreme weather events.
The assessment by the Albanese Government forecasts increased frequency of floods, cyclones, and bushfires.The report anticipates over a thousand potential heat-related fatalities in Sydney and Melbourne if action is not taken.

The projected increase in heat-related deaths in Australia’s capital cities, as outlined in the report. Picture: Climate Risk Assessment

Rising sea levels and extreme weather are expected to escalate insurance costs, making coverage unaffordable or unavailable.

Climate Change and Energy Minister Chris Bowen acknowledged that many Australians will find these projections distressing, but they underscore the urgency of addressing climate change.

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Changes in total annual freight costs by Local Government Area in a 2090 scenario, compared to 2024. Picture: Australia’s National Climate Risk Assessment

Property Risks

Projected increases in heat-related deaths are particularly concerning. For instance, at a 1.5-degree rise in temperatures, heat-related mortality in Sydney could increase by 103%, reaching about 450 deaths annually at a 3-degree rise.

Coastal flooding days are expected to increase significantly in major urban areas, necessitating critical intervention.


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The Coalition reshuffles after record low poll

Coalition hits record low vote in Newspoll, prompting a significant frontbench reshuffle by deputy leader Sussan Ley.

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Coalition hits record low vote in Newspoll, prompting a significant frontbench reshuffle by deputy leader Sussan Ley.


The Coalition has slumped to a record low primary vote in the latest Newspoll, sparking a major frontbench reshuffle by deputy leader Sussan Ley.

The shake-up, which includes sacking Jacinta Nampijinpa Price and elevating James Paterson, is being seen as a high-stakes attempt to stabilise the Opposition amid internal rifts.

#Coalition #AusPol #Newspoll #TickerNews


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Trump pushes NATO on Russia sanctions

Trump ready to impose sanctions on Russia, urges NATO to halt oil purchases and consider tariffs on China.

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Trump ready to impose sanctions on Russia, urges NATO to halt oil purchases and consider tariffs on China.


President Donald Trump says he is prepared to impose sweeping sanctions on Russia, but only if NATO allies act in unison by halting oil purchases from Moscow.

He has also urged the bloc to consider tariffs on China, arguing this would weaken Beijing’s support for Russia once the war ends.

#Trump #Russia #NATO #Sanctions #TickerNews


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