BEIRUT (AP) – A group of Australian women and children who left a camp in Syria that houses people with alleged ties to Islamic State group militants are stuck in the country because Australian authorities have refused to allow their return, Syrian officials said Wednesday.
HONG KONG (AP) – China’s factory activity expanded for a second straight month in April, according to an official survey on Thursday, as its economy remained resilient despite higher energy prices due to the Iran war.
Australia's inflation rate surged 1.1% in March, driven by a record jump in fuel prices, making an interest rate hike next Tuesday more likely. The consumer price index (CPI), released today, rose to 4.6% in the year to March, the first major economic indicator to show the impact of the war in the Middle East.
As Australia's immediate fuel crunch eases after successful efforts to diversify supply, policymakers are turning their attention to dealing with the next energy security crisis. The question is, what would actually work? The Coalition this week announced a policy to double onshore reserves of liquid fuels to 60 days' supply.
LONDON (AP) – In the world of diplomatic faux pas, it could have been a lot worse. At Tuesday’s state dinner honoring King Charles III and Queen Camilla, U.S. President Donald Trump said that during a private meeting earlier in the day the British monarch had agreed with him that Iran should never be allowed to have nuclear weapons.
MELBOURNE, Australia (AP) – Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters. The government released draft legislation that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism.
The Royal Commission on Antisemitism and Social Cohesion will deliver its interim report to the governor-general by April 30. Public hearings will follow, defining antisemitism and its effects on Jewish Australians.
NEW YORK (AP) - More jumps for oil prices sent tremors through the bond market. The S&P 500 edged down by less than 0.1%, a day after slipping from its latest all-time high. The Dow dropped 0.6%, while the Nasdaq composite inched up less than 0.1%. The price for a barrel of Brent crude jumped nearly 6%.
During a cost-of-living crisis, many Australians may be wondering if their private health insurance policy actually delivers. Rising premiums, the high costs of specialists' fees, large out-of-pocket costs and bill shock are some common concerns. So it might be tempting to look for a "no gap" and "known gap" arrangement.
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