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Volodymyr Zelensky visits Bakhmut frontline

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The President was handing out medals and visited the wounded

Ukraine’s President Volodymyr Zelensky visited his troops near the frontline city of Bakhmut, the ongoing battle for the city being one of the bloodiest of the war.

Footage released by the president’s office shows him handing out medals and visiting wounded in the Donetsk region, where Bakhmut is located. He’s telling the troops that they’re there to protect the land for their children and later, in the hospital, “good luck, boys.”

Zelensky’s visit came after a swarm of Russian drones hit Ukrainian cities including the capital overnight, said by Ukraine’s military to include Iranian-built suicide drones.

And in a tweet, Zelensky apparently referenced Chinese President Xi Jinping’s recent visit to Moscow, saying: Every time someone tries to hear the word ‘peace’ in Moscow, another order is given there for such criminal strikes.”

Meanwhile, the British government is rejecting accusations from Moscow that ammunition it has given Ukraine made from depleted uranium risks raising the nuclear stakes in the war.

Depleted uranium shells are used by many militaries including Russia to penetrate armour such as tanks.

The U.K. doesn’t consider it nuclear armament, but the dust it creates does pose a risk to people wherever the shells land after being fired.

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Eisman identifies infrastructure as key investment opportunity

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Famed investor Steve Eisman, has shifted his focus to infrastructure, citing three main reasons.

 

The pandemic-induced shift towards onshore investment, the rise of AI necessitating data centre expansion, and the global push towards greener energy.

Eisman believes these trends offer a decade-long opportunity for investors, with Australia presenting ample opportunities for market participation.

Notable companies to consider for exposure include BlueScope and James Hardie Industries for building materials, Macquarie Technology and Goodman Group for data centres, and Worley, AGL Energy, and Origin Energy for electricity grid upgrades and green infrastructure.

However, Eisman cautions investors to approach utility investments carefully, considering their capital expenditure budgets in renewable energy and grid upgrades.

 

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Civil War cinema brings in the box office dollars

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Alex Garland’s film “Civil War” has made a significant impact at the box office, surpassing expectations with a $25.7 million opening weekend in North America.

Starring Kirsten Dunst, Wagner Moura, and Cailee Spaeny, the film explores a near-future scenario where California and Texas unite against a president’s authoritarian regime. Despite fictional elements, “Civil War” has sparked widespread discussion, with its themes resonating in today’s political climate. The film’s performance, coupled with positive reviews, suggests a promising trajectory in the coming weeks, bolstered by a relatively quiet release schedule.

You can catch the trailer here

 

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Oil likely to see hike following Iran’s Israel attack

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Global oil markets are poised for potential disruption as tensions escalate in the Middle East following Iran’s recent attack on Israel.

The attack, which targeted key infrastructure, has raised concerns about the stability of oil supplies in the region.

Experts predict that the incident could lead to a spike in oil prices as investors react to the heightened geopolitical risk. #ticker today #featured

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