The ASX is set to start the week in the red as eyes turn to the 2022 budget. (Source: Getty)

ASX: The local market is expected to collapse as fears of a Russian invasion of Ukraine continue to weigh.

Wall Street: U.S. stocks for the second straight session on Friday as investors worried about heightened tensions between Russia and Ukraine.

Nine of the 11 major S&P 500 sector indices fell on Friday, led by technology, down 3.0%, and consumer discretionary, down 2.8%.

BTC: hovered around the US$42,000 mark last night. This comes as the regulatory debate unfolds in the United States.

Meanwhile, the rapid adoption of digital tokens has made the development of a central bank digital currency (CBDC) a more “urgent” proposition. recently.

Black Summer: Communities still struggling to recover from the devastating bushfires of 2019-2020 will receive another .

The additional funds bring the overall total of the government’s Black Summer Bushfire Recovery Grant Program to $390 million.

Works: Some uncertainty remains among economists around this week for January due to the impact of the Omicron variant COVID-19 on activity.

The jobs market has rebounded strongly since last year’s Delta shutdowns, which saw the unemployment rate fall to a 13-year low of 4.2%.

Budget 2022: The federal government’s next budget should focus on the wealthy, the Australian social rights group has said.

In its draft budget to the federal treasury, ACOSS asked the government to seize a “historic opportunity” to fight against long-standing inequalities.

Elder Abuse: Bankers nationwide are again calling on federal and state governments to commit to reforms to help.

Up to 10% of older Australians experience abuse, whether financial, legal, emotional, physical or neglect, said Anna Bligh, chief executive of the Australian Banking Association.

To hit: Thousands of NSW nurses will be in this week for the first time in a decade as part of a long-running campaign for better staffing and pay.

The strike is expected to affect 150 public hospitals when nurses go on strike from 7 a.m. on Tuesday.

Slipping, picking up, slapping: Aerosol sunscreen would have to be sprayed on for a few minutes per member to achieve the SPF protection listed on many products, the Cancer Council has warned.

Australians are urged to ensure that much of the spray is lost to the wind, making it less effective.

– With PAA

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