Tuesday, April 28

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Ukraine hits Russia with US missiles for first time on war’s 1000th day
World News

Ukraine hits Russia with US missiles for first time on war’s 1000th day

By Tom Balmforth and Olena Harmash, Reuters File photo. An Army Tactical Missile System (ATACMS) missile fired in South Korea during a South Korea-US military exercise in 2022. Photo: AFP / South Korean Defence Ministry Ukraine used US ATACMS missiles to strike Russian territory, taking advantage of newly granted permission from the outgoing Biden administration on the war's 1000th day. Russia said its forces shot down five of six of the missiles, which were fired at a military facility in the Bryansk region. Debris of one hit the facility, starting a fire that was swiftly put out and caused no casualties or damage, it said. Ukraine said it had struck a Russian arms depot around 110 km inside Russia in an attack that caused secondary explosions. The Ukrainian military did not publicl...
Refugee influx prompts temporary housing in some Canadian cities
Politics

Refugee influx prompts temporary housing in some Canadian cities

A significant increase in the number of refugees and asylum seekers in Canada has prompted some cities to start building temporary housing for new arrivals. The city of Ottawa is working to establish what’s known as a sprung structure that serves as both a temporary shelter and a centre to provide settlement services such as language training and employment assistance.These centres are meant to house refugees only for their first few weeks in the city before they move on to more suitable housing in Ottawa’s settlement infrastructure.The city has identified two potential locations for these centres, both in the city’s west end. Planning documents describe them as “modular tension fabric buildings.”The planned locations for these structures have been a point of tension in the affected neighb...
Pivotal Research hikes Netflix price target to Street-high $1,100 after Tyson-Paul fight
Business

Pivotal Research hikes Netflix price target to Street-high $1,100 after Tyson-Paul fight

Netflix's record-breaking boxing match between legend Mike Tyson and influencer Jake Paul cements the company's status as the winner in streaming, according to Pivotal Research Group. The firm raised its price target on Netflix to a Wall Street-high $1,100. That target, up from $925, implies upside of 26.2%. Pivotal said the change accounts for higher medium- and long-term subscriber and revenue estimates following the bout. The event shown on Netflix notched 65 million live concurrent streams and 108 million total live viewers worldwide, making it the most-streamed global sporting event on record. "Importantly, given the success of the Tyson/Paul fight we expect Netflix to accelerate its offerings of 'eventized' live programming, which further enhances NFLX's ability to offer households r...
Putin issues warning to United States with new nuclear policy
World News

Putin issues warning to United States with new nuclear policy

File photo. Russian President Vladimir Putin has approved a lowering of the threshold for a nuclear strike. Photo: ALEXANDER KAZAKOV / AFP Russian President Vladimir Putin has lowered the threshold for a nuclear strike in response to a broader range of conventional attacks, as Moscow says Ukraine struck deep inside Russia with US-made ATACMS missiles. Putin approved the change days after two US officials and a source familiar with the decision said on Sunday that US President Joe Biden's administration allowed Ukraine to use US-made weapons to strike deep into Russia. Russia had been warning the West for months that if Washington allowed Ukraine to fire US, British and French missiles deep into Russia, Moscow would consider those NATO members to be directly involved in the war in Ukrain...
Disney Treasure cruise ship debuts; fleet to double by 2031
Business

Disney Treasure cruise ship debuts; fleet to double by 2031

The captain of the Disney Treasure is Voyager Minnie, a version of the character that is specially costumed for the cruise ship.DisneyThe Disney fleet is expanding.Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company's lineup.The Treasure, which is 221 feet tall and 1,119 feet long, can carry 4,000 passengers and 1,555 crew members. Like Disney's other cruise ships, the Treasure features themed dining, curated lounges and premium on-board live entertainment.As the Treasure sets sail, Disney, too, is embarking on its own journey. The company, which hadn't launched a new ship in a decade prior to the Disney Wish's debut in mid-2022, is entering an era of rapid expansion.Disney...
Families at bedsides of Austrlian teens after apparent methanol poisoning
World News

Families at bedsides of Austrlian teens after apparent methanol poisoning

By Melissa Brown, Syan Vallance and South-East Asia correspondent Lauren Day, ABC Holly Bowles's family say they are in a state of disbelief about what has happened. Photo: Facebook The parents of two Melbourne 19-year-olds are at their bedsides in separate Thai hospitals as the women fight for their lives after drinking tainted alcohol. Holly Bowles and Bianca Jones were staying at a backpacker hostel in Vang Vieng, a popular party town north of the Laotian capital, Vientiane. According to the owner of the Nana Hostel, they had been out drinking at a nearby bar last Tuesday night and, in the early hours of Wednesday morning, were taken to a hospital in Vientiane after falling ill. It is understood at least two Danish women in their 20s have died, and at least 10 have fallen ill afte...
Sharp 2.3% climb in October, above expectations
Business

Sharp 2.3% climb in October, above expectations

Customers buy flowers on stalls at Columbia Road Flower Market in East London.Henry Nicholls | Afp | Getty ImagesLONDON — U.K. inflation picked up sharply to a higher-than-expected 2.3% in October, data from the British Office for National Statistics showed Wednesday, tempering expectations of a December interest rate cut from the Bank of England.The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.The latest print once again brings inflation above the Bank of England's 2% target, potentially dampening the prospects of a final interest rate cut this year.Sterling ticked up marginally following the latest inflation print, trading 0.1% higher at $1.2692 at 8:03 a.m. London time. The British pound was up 0.4% ag...
Putin, ascendant in Ukraine, eyes contours of a Trump peace deal
World News

Putin, ascendant in Ukraine, eyes contours of a Trump peace deal

By Guy Faulconbridge, Reuters US President-elect Trump has vowed to swiftly end the conflict between Russia and Ukraine. Photo: AFP Vladimir Putin is open to discussing a Ukraine ceasefire deal with Donald Trump but rules out making any major territorial concessions and insists Kyiv abandon ambitions to join NATO, five sources with knowledge of Kremlin thinking told Reuters. US President-elect Trump, who has vowed to swiftly end the conflict, is returning to the White House at a time of Russian ascendancy. Moscow controls a chunk of Ukraine about the size of the American state of Virginia and is advancing at the fastest pace since the early days of the 2022 invasion. In the first detailed reporting of what President Putin would accept in any deal brokered by Trump, the five current a...
What Trump’s return to the White House may mean for global bond yields
Business

What Trump’s return to the White House may mean for global bond yields

Former US President Donald Trump arrives during a "Get Out The Vote" rally in Greensboro, North Carolina, US, on Saturday, March 2, 2024.Bloomberg | Bloomberg | Getty ImagesDonald Trump's U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies.It is widely thought that the president-elect's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation.Trump's return to the White House is seen as likely to throw a wrench in the Federal Reserve's rate-cutting cycle, potentially keeping an upward bias on Treasury yields. Bond yields tend to rise when market participants expect higher prices or a growing budget deficit.Alim Remtulla, c...
Recreational climbers first to respond after NZ woman dies in fall on Australia’s Mt Arapiles
World News

Recreational climbers first to respond after NZ woman dies in fall on Australia’s Mt Arapiles

A view from Mount Arapiles in Victoria. File pic Photo: ROB FRANCIS / AFP Recreational climbers were the first to respond after a 69-year-old rock climber died in a fall at Mount Arapiles in western Victoria, Australia. The New Zealand woman fell as she scaled the final section of a climb called Eskimo Nell. Mount Arapiles is a renowned rock climbing destination attracting outdoor climbers from across the world. Emergency services were called around 3:30pm on Tuesday afternoon to Centenary Park Access Road. Climbing veteran Zorba Parer heard a cry and went to help. He free climbed 80 metres without a harness and rope and was the first person to reach the woman, while two other climbers followed him. Another two climbers went to the top to drop a rappel line and abseiled down 30 metres. ...