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Speaker 1: Welcome to the Fear and Greed Business News Afternoon Report

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Speaker 1: for Wednesday, the nineteenth of March twenty twenty five. I'm

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Speaker 1: sure nayelma. Every afternoon we've got the fire stories that

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Speaker 1: happened today that you need to know about. Story and

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Speaker 1: I'm one. The SMPASX two hundred closed down nearly half

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Speaker 1: percent today. It wasn't a hugely busy day. The utilities

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Speaker 1: in real estate sub indices did worst, while the healthcare

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Speaker 1: index did best. The trade at the moment on the

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Speaker 1: local market is for US facing stocks. Companies like Macquari

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Speaker 1: Group and Aristocrat Leisure to be struggling, though I wouldn't

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Speaker 1: overstate that QB was a standout among the large caps today,

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Speaker 1: jumping sharply looking further afield, Brent crudes fetching around seventy

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Speaker 1: US dollars a barrel, bitcoins trading around eighty three thousand

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Speaker 1: US dollars a unit, the Aussie dollars about sixty three

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Speaker 1: and a half sixty four US cents, and gold is

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Speaker 1: certainly glittering, hitting a high this morning off three thousand

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Speaker 1: and thirty eight US dollars. An ounce story number two

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Speaker 1: in Corporate news, Mineral Resources share price dropped sharply today

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Speaker 1: after authorities closed the miners Onslowe iron Ore hal route

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Speaker 1: following a sixth crash on the road. In the latest incident,

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Speaker 1: a three hundred ton triple road train rolled over the

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Speaker 1: roots used to transport resmn's iron Ore to port and separately,

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Speaker 1: Rio Tinto has recommended shareholder's vote against a proposal to

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Speaker 1: review a possible unification of the miners dualist structure brought

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Speaker 1: by shareholder Pallaser Capital. Rio's board says it's already considered

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Speaker 1: moving to a single listing and it isn't appropriate. Story

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Speaker 1: number three Meyer has announced a very ordinary half year profit,

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Speaker 1: hurt by the need to increase promotions to move stock

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Speaker 1: and issues at a distribution center in Melbourne. For the

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Speaker 1: six months to the end of January, same store sales

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Speaker 1: were flat, while pre tax earnings were down twenty eight percent.

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Speaker 1: The retailer, which is in the middle of integrating five

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Speaker 1: brands including just Genes, JJ's, Portmans and Dotty, said it

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Speaker 1: is still having trouble getting its Melbourne distribution center to

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Speaker 1: operate efficiently. My share price finished down more than two

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Speaker 1: percent today. Storro at number four. Vladimir Putin has ordered

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Speaker 1: Russia's military to refrain from striking Ukrainian energy infrastructure for

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Speaker 1: thirty days, but stopped short of agreeing to an unconditional ceasefire.

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Speaker 1: The Kremlin said the Russian president had reacted positively to

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Speaker 1: a suggestion by US President Donald Trump to halt the

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Speaker 1: attacks in a much anticipated phone call between the two leaders.

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Speaker 1: It added that Putin immediately gave the Russian military the

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Speaker 1: corresponding order. Rather than agreeing to the US President's proposal

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Speaker 1: for an unconditional thirty day ceasefire in Ukraine, Putin highlighted

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Speaker 1: a series of significant issues about enforcing such an agreement

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Speaker 1: and serious risks concerning Key's compliance. According to the Ft

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Speaker 1: and Finally story number five, NASA's two stranded astronauts finally

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Speaker 1: splashed down on Earth this morning, ending a marathon mission

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Speaker 1: that began with a bungled Boeing test flight more than

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Speaker 1: nine months ago. Butich Wilmore and Sonny Williams bade farewell

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Speaker 1: to the International Space Station and returned to Earth aboard

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Speaker 1: a space ex capsule with two other astronauts. The capsule

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Speaker 1: landed of Florida coast just before nine am, asturing in

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Speaker 1: the eastern daylight savings time. They're now in Houston for testing.

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Speaker 1: Wilmore and Williams ended up spending two hundred and eighty

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Speaker 1: six days in space, two hundred and seventy eight days

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Speaker 1: longer than anticipated when they launched. They circled Earth four thousand,

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Speaker 1: five hundred and seventy six times and traveled one hundred

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Speaker 1: and ninety five million kilometers by the time of splash

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Speaker 1: down as it. For the Outternoon Report for Wednesday, the

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Speaker 1: nineteenth of March twenty twenty five, make sure you hit

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Speaker 1: follow on the podcast. We'll be back tomorrow morning with

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Speaker 1: the Thursday edition of The Fast five Business Years by

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Speaker 1: Fear and Greed. I'm Sean Elmer. Enjoy your eating