Albanese hopeful on interest rate, inflation front:
theage.com.au/politics/federal/albanese-hopeful-on-interest-rate-inflation-front-20230202-p5chgv.html
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| Last Updated | Feb 02 23 |
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Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?
theguardian.com/australia-news/2024/apr/25/does-australias-higher-than-forecast-36-inflation-dash-hopes-for-an-interest-rate-cut
Musk and Australia argue over video of knife attack on X: In Sydney, a priest was attacked with a knife during a mass that was broadcast live on the internet ...
nzz.ch/panorama/elon-musk-und-australien-streiten-ob-das-video-einer-messerattacke-auf-der-plattform-x-sichtbar-bleiben-soll-ld.1828128
Quick Glance: Dispute Over Video of Knife Attack on X
- The owner of X, Elon Musk, refuses to delete the video of a knife attack in Sydney from his platform, leading to a dispute with the Australian authorities.
- Australian authorities demand the global removal of the video, while X is only willing to block access in Australia.
- Elon Musk defends freedom of speech and criticizes the authorities for limiting free expression.
- Authorities file a lawsuit to force the removal of the video, while Musk is criticized for publishing violent content on his platform.
The ‘real’ Scott Morrison: former PM says Australians didn’t know who he was: Australians did not know the “real” Scott Morrison when he occupied the nation’s ...
smh.com.au/politics/federal/the-real-scott-morrison-former-pm-says-australians-didn-t-know-who-he-was-20240426-p5fmr3.html
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Meghan made strawberry jam and her mates have lost their minds: Much has annoyed me this week: Albo trekking the Kokoda, BabyGate, puppacinos ...
smh.com.au/lifestyle/life-and-relationships/meghan-made-strawberry-jam-and-her-mates-have-lost-their-minds-20240424-p5fmd4.html
Thousands mark Anzac Day in Australia and New Zealand: Thousands gathered across Australia and New Zealand on Thursday at Anzac Day services to commemorate those ...
reuters.com/world/asia-pacific/thousands-mark-anzac-day-australia-new-zealand-2024-04-25/
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
PM to attend rally, vows to unite governments against domestic violence: The federal Coalition joined several premiers, including Victoria’s ...
smh.com.au/politics/federal/pm-to-attend-rally-vows-to-unite-governments-against-domestic-violence-20240426-p5fmwn.html
Nationals’ nuclear climate policy puts Australia’s Paris deal in doubt: Nationals leader David Littleproud has conceded turning to nuclear power would mean ...
smh.com.au/politics/federal/nationals-nuclear-climate-policy-puts-australia-s-paris-deal-in-doubt-20240424-p5fm8p.html
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Musk's X says posts of Australia bishop stabbing don't promote violence: Elon Musk's social media platform X defended publishing posts showing a bishop in ...
reuters.com/world/asia-pacific/musks-x-says-posts-australia-bishop-stabbing-dont-promote-violence-2024-04-26/
This X-rated man-child is so powerful, he got our politicians to agree on something
theage.com.au/national/this-x-rated-man-child-is-so-powerful-he-got-our-politicians-to-agree-on-something-20240425-p5fmgu.html
Federal government commits $160 million for creation of national firearms register
abc.net.au/news/2024-04-27/federal-government-commits-funding-for-firearms-register/103774904
Albanese's 'brotherly' Kokoda trek with Marape showed uncommon warmth at a time of frosty geopolitics elsewhere in the Pacific
abc.net.au/news/2024-04-27/albanese-kokoda-trek-marape-showed-uncommon-warmth/103772556
‘I’m the person most people are going to hate’: A Sydney mother has called on Australia’s policymakers to have some “understanding” when it comes to the Bondi ...
news.com.au/lifestyle/health/mental-health/he-was-a-person-why-this-mum-felt-sorry-for-bondi-stabber-joel-cauchi/news-story/9b431ed3ff841ba9e50eebd029a0dea1
Australian Journalist Says She Was Pushed Out of India: Avani Dias said that she had been denied a visa renewal for weeks because of her reporting on the Sikh ...
nytimes.com/2024/04/24/world/asia/india-australia-journalist-avani-dias.html
Albanese’s latest plan is triggering elite economists. Don’t listen to them: Despite our expensive subsidies for property investors, commentators who have made ...
smh.com.au/politics/federal/albanese-s-latest-plan-is-triggering-elite-economists-don-t-listen-to-them-20240424-p5fmbe.html
Social media companies can’t be immune from the need for a social licence: The fight between Elon Musk and the government is in court, but in the court of public ...
abc.net.au/news/2024-04-26/michelle-grattan-australian-government-elon-musk/103769978
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
UK under pressure to restore Unrwa funding following Colonna report: The British government is coming under increased pressure to restore future funding to the ...
middleeasteye.net/news/uk-israel-palestine-colonna-report-unrwa-funding-pressure
Quick Glance: UNRWA Report Highlights Lack of Evidence for Israel's Employee Militancy Claims
- An independent review commissioned by the United Nations found that Israel has not provided evidence to support its accusation that a 'significant' number of employees of the U.N. relief agency for Palestinian refugees in the Gaza Strip are members of terrorist organizations.
- The review, led by former French foreign minister Catherine Colonna, revealed that UNRWA 'plays an indispensable and irreplaceable role in the region,' despite issues such as employees expressing political views and offices being used for 'political or military purposes'.
- The review listed recommendations to enhance UNRWA operations, including improved training, more rigorous employee screening, and a thorough review of all textbooks and supplements.
- Concerns were raised regarding the screening of UNRWA employees and the content of textbooks, while Israel has yet to provide evidence to support the claim that a significant number of UNRWA employees are members of terrorist organizations.
Peter Dutton backs Elon Musk and contradicts Sussan Ley on ‘silly’ demand for global removal of stabbing footage
theguardian.com/australia-news/2024/apr/25/sydney-church-stabbing-x-content-removal-elon-musk-peter-dutton-esafety-commissioner
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
All men challenged over simple question: It’s the topic most men have “never” discussed with their mates – and one that, in the past fortnight ...
news.com.au/lifestyle/real-life/news-life/needs-to-be-talked-about-important-video-all-men-need-to-see/news-story/335f7c3ea96ed15c003995f6afe4820f
PM pays tribute on the Kokoda Track, ‘this great artery of mud and suffering and perseverance’
theage.com.au/politics/federal/pm-pays-tribute-on-the-kokoda-track-this-great-artery-of-mud-and-suffering-and-perseverance-20240425-p5fmf2.html
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
‘You will find our soldiers will be very loyal’: Marape says Australia can recruit from PNG
theage.com.au/politics/federal/you-will-find-our-soldiers-will-be-very-loyal-marape-says-australia-can-recruit-from-png-20240424-p5fm9h.html
Mental Health Australia chair Matt Berriman resigns, calling out government 'inactions'
abc.net.au/news/2024-04-24/mental-health-chair-resigns-calling-out-government-inactions-/103766414
'Australia was lucky to have him': Hero security guard killed in Bondi stabbing farewelled
9news.com.au/national/bondi-junction-stabbing-faraz-tahir-to-be-farewelled-at-funeral/728dbebe-932a-43d3-ac7d-bdedaa3f1024
Solomon Islands' Sogavare says he runs security amid tense wait for new government
reuters.com/world/asia-pacific/solomon-islands-sogavare-says-he-runs-security-amid-tense-wait-new-government-2024-04-24/
Albanese's PNG trip comes with it a subtle jab at Morrison. King's was about as subtle as a sledgehammer
abc.net.au/news/2024-04-25/anthony-albanese-kokoda-job-sharing-mps-federal-budget/103768040
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Hard lessons of war seem so easy to forget amid sabre-rattling: As Australia commemorates Anzac Day, we reflect on the sacrifices of those who have served ...
smh.com.au/national/nsw/hard-lessons-of-war-seem-so-easy-to-forget-amid-sabre-rattling-20240423-p5flzw.html
The government's plan for a future 'made in Australia' has failed to win over the productivity commissioner — and that's a problem
abc.net.au/news/2024-04-25/productivity-commissioner-government-future-made-australia/103763714
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
Anthony Albanese to attend Anzac Day dawn service at Isurava, saying 'we will never forget' people of PNG
abc.net.au/news/2024-04-24/pm-gives-dawn-service-address-at-isurava-png/103766126
As police launched a series of counterterrorism raids across Sydney, Australia's crisis with 'intimate partner terrorists' continued
abc.net.au/news/2024-04-26/intimate-partner-violence-terrorism/103769202
'It's clear we need to do more': Leaders call for change against domestic violence
9news.com.au/national/domestic-violence-australia-politicians-call-for-change-against-gender-based-violence/36f0d255-a704-4f50-aa30-4dffa7eecaef
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Controversial pastor Daniel Nalliah charged with assaulting a woman: The former Family First and Rise Up Australia party candidate changed his plea after ...
theage.com.au/national/victoria/controversial-pastor-daniel-nalliah-charged-with-assaulting-a-woman-20240424-p5fm5z.html
Quick Glance: Controversial Pastor Daniel Nalliah Charged with Assaulting a Woman
- An evangelistic pastor and former political candidate faced court for assaulting a woman in Melbourne.
- Daniel Nalliah, 59, denied the charges and will appear in court in June.
- The media suppression request was rejected, and the charge sheets were released.
- Nalliah has a history of controversial statements regarding natural disasters and political views.
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Elon Musk Accuses Australia Of Censorship After Court Bans Violent Video: Prime Minister Anthony Albanese described Musk as an “arrogant billionaire” who ...
huffpost.com/entry/elon-musk-australia-church-stabbing_n_662783cfe4b096c7bac60c0f
Elon Musk Clashes With Australian Court Over Violent Videos on X: Mr. Musk’s defiance over removing content is testing the boundaries of international legal ...
nytimes.com/2024/04/24/technology/elon-musk-videos-x-australia-court.html
US bases including Pine Gap saw Australia put on nuclear alert, but no-one told Gough Whitlam
abc.net.au/news/2024-04-24/when-australia-was-put-on-nuclear-alert-expanse-podcast/103733194
Eleven more women have died violently in 2024 compared to the same time last year
abc.net.au/news/2024-04-24/eleven-more-women-have-died-violently-compared-to-last-year/103759450
Retired judge and immigration official says Labor's deportation bill is morally and legally suspect
abc.net.au/news/2024-04-24/retired-judge-condemns-labor-deportation-bill/103669878
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
Raila Odinga meets Norway, Australia envoys. What’s cooking?: Raila met with the Norwegian Ambassador to Kenya and the Australian High Commissioner to Kenya.
nation.africa/kenya/news/politics/raila-odinga-meets-norway-australia-envoys-what-s-cooking--4603628
Musk decision to leave knife attack video on X prompts police terror warning, says Australian senator - News | Khaleej Times
khaleejtimes.com/world/asia/musk-decision-to-leave-knife-attack-video-on-x-prompts-police-terror-warning-says-australian-senato
Trial age verification to block children from social media, Coalition argues: The federal opposition urges the government to trial age verification schemes that ...
abc.net.au/news/2024-04-24/coalition-push-for-age-verification-laws/103762290
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
Biden and Trump Showing Their 2024 Campaign Vulnerabilities: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-26/biden-and-trump-showing-their-2024-campaign-vulnerabilities
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Quick Glance: Arrest and Three Injured in Wales School Attack
- Police urge removal of social media footage to prevent contempt of court and distressing those affected.
- A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.
- Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.
- Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
Your High-Yield Savings Account Is About to Look Less Appealing: High-yield savings accounts are about to pull less of a punch. Here's a look at what to do with ...
kiplinger.com/personal-finance/high-yield-savings-accounts/your-high-yield-savings-account-is-about-to-look-less-appealing
The glitch in Japan's plans to bolster U.S. defense: As the United States faces security threats across the globe, its close ally Japan has committed to ...
japantoday.com/category/politics/analysis-the-glitch-in-japan&
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Higher Inflation, Price Tolerance in Japan Boosts Case for BOJ Rate Hikes: Higher inflationary expectations and price tolerance are taking root in Japan ...
bloomberg.com/news/articles/2024-04-22/inflation-mindset-taking-root-in-japan-boosts-case-for-boj-hikes
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JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
The Fed Has Enough Pressure with Inflation Still High. Politicians Don’t Help.: The Federal Reserve will find it hard to lower interest rates so long as the ...
barrons.com/articles/federal-reserve-politics-monetary-policy-c4d8c4be
Paid articlePaid Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
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Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
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Lok Sabha Elections 2024: Water shortages, traffic aggravate Bengaluru as it votes
deccanherald.com/elections/india/lok-sabha-elections-2024-water-shortages-traffic-aggravate-indias-bengaluru-as-it-votes-2996106
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
How US allies are preparing for a possible second Trump term - Asia & Pacific - The Jakarta Post
thejakartapost.com/world/2024/04/25/how-us-allies-are-preparing-for-a-possible-second-trump-term.html
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
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