News Updates

Russian debt shrinks to lowest level in 13 years

Foreign obligations totaled $453.5 billion as of April 1, official data shows Russia’s total external debt has fallen in the first quarter to its lowest level since 2009, amounting to $453.5 billion as of April 1, data from the Bank of Russia showed on Wednesday. The debt has decreased by $26.5 billion, or 5.5%, according to the regulator. “The dynamics

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Missile cruiser ‘Moskva’ went down in the Black Sea while being towed to port, the Russian Defense Ministry said 

The Russian missile cruiser Moskva, flagship of the Black Sea fleet, sank while being towed into port amid stormy sea conditions, the defense ministry in Moscow said on Thursday. According to the Russian military, the warship’s hull had been damaged by an ammunition explosion, itself caused by a fire on board, on Wednesday.  Ukrainian officials claimed their forces had struck the

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Elon Musk launches $58 billion hostile takeover of Twitter 

Elon Musk has made a “best and final” offer to buy Twitter, saying the company has extraordinary potential and he is the person to unlock it. Musk will pay $US54.20 a share in cash, representing a 54 per cent premium over the January 28 closing price and a value of about $US43 billion ($57.7 billion). The social media company’s shares

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Tasmania Police respond to TVN regarding fatality

TVN Exclusive Report: As we reported earlier, our subscribers in traffic heard sirens followed by an almighty ‘bang.’ They saw the motorcyclist being assisted. We are told a ‘shaken’ Police officer radioed the crash in very distressed with graphic information. Then as we said, Professional Standards were notified. Police have confirmed our report saying only that they tried to intercept

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Motorcycle crash Launceston

TFS Ambulance Tasmania and Tasmania Police are attending a serious crash involving a motorcycle at Wellington Street, Launceston near seaport marina. We are told Tasmania Police Professional Standards have been advised, we have sought comment from Tasmania Police as to whether a Police car was involved in the crash or was pursuing a motorist prior to the collision.

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Hobart flights cancelled tonight others delayed

Exclusive: Hundreds of passengers are unhappy with cancelled Jetstar flights tonight and other Virgin Australia and Qantas flights also facing length delays tonight. An industry source told TVN these flights could also be cancelled and suggested passengers to check for text messages and emails from the airlines. Flight JQ711 / QF5711 Melbourne to Hobart at 5.45pm has been cancelled along

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ACCC appeals dismissal of Mazda unconscionable conduct allegations 

The ACCC has filed an appeal against the Federal Court’s decision to dismiss the ACCC’s allegations that Mazda Australia Pty Ltd engaged in unconscionable conduct. In November 2021, the Court found that Mazda engaged in misleading and deceptive conduct and made false or misleading representations to nine consumers about their consumer guarantee rights, but dismissed the ACCC’s allegations that Mazda also engaged

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A 45-year-old Sydney man has been sentenced to 11 years’ imprisonment for importing approximately 144 kilograms of cocaine hidden in hydraulic cylinders. 

The man was arrested as part of a joint Australian Federal Police-Australian Border Force (ABF) investigation after 24 blocks of cocaine, worth an estimated $64.8 million, were found concealed in the pistons of two hydraulic cylinders in October 2020. The drugs were substituted with an inert substance and delivered to a warehouse in Botany, NSW where they were collected by

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Prime Ministers security detail involved in crash 

Police confirm they are investigating a two-vehicle crash on the Bass Highway near Elizabeth Town this afternoon. The crash involved an unmarked police car and a Mitsubishi Triton, which were both travelling west between Deloraine and Latrobe. Circumstances surrounding the crash are being investigated, however initial enquiries indicate that the Triton has collided with the rear of the police vehicle,

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The Russian military said it could target decision-makers in Kiev if Ukraine continues attempting attacks on Russian soil  

Moscow has so far refrained from attacking Ukrainian decision-makers, but if Kiev continues attempts to carry out acts of sabotage or conventional attacks inside Russia, this will change, the Russian Defense Ministry warned on Wednesday. “We have seen attempts at sabotage and attacks by the Ukrainian military against facilities in Russian territory. If such attempts continue, the Russian Federation’s Armed

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