Russia has no intention of violating its obligations under international agreements banning nuclear tests, but will resume testing if other countries do, Kremlin spokesman Dmitry Peskov has said.
Europe’s NATO member states should brace for a lasting rupture with Moscow, Swedish Prime Minister Ulf Kristersson has said, urging them to focus on supporting Kiev.
The Western nations have introduced multiple rounds of sanctions in an effort to economically isolate Russia since the escalation of the Ukraine conflict in February 2022.
The Istanbul Prosecutor’s Office has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and 36 other senior officials for alleged genocide and crimes against humanity in the Gaza Strip, according to Turkish media.
The housing market appears to have lost some momentum due to the recent inflation shock and expectations that the Reserve Bank of Australia (RBA) will keep interest rates on hold for the foreseeable future. Cotality’s daily dwelling values index continues to show the strongest growth in over two years, measured on a rolling 28-day basis:
I have been reading the book ‘The Great Wave’1 by Michiko Kakutani which was given to me by a mate who thought I would enjoy it. Kakutani is an American Pulitzer Prize winning literary critic and writer2. The book is subtitled ‘The era of radical disruption and the rise of the outsider’1.
Aussie punters are drooling with anticipation of a new housing boom. Victoria disease is preventing madness in the South East, but elsewhere it is all greed. Plenty of room to rise before any nerves kick in. The young and abused have been co-opted. The Oct survey detail points to another factor in the mix
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By Harry Ottley, economist at CBA: The RBA left the cash rate on hold at 3.60% as widely expected.The post-meeting communication was not quite as hawkish as we had expected. The data flow was mixed with home price rises accelerating and building approvals improving but household spending looking a touch softer than expected. Offshore, soft
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“The defense acquisition system as you know it is dead,” Secretary of War Pete Hegseth said in a major speech delivered to industry representatives Nov. 7 at the National War College in Washington, D.C.
The US government shutdown is inflicting “far worse” economic damage than had been estimated and could cut fourth quarter GDP growth in half, White House economic adviser Kevin Hassett has warned.
The 38-day shutdown, the longest in US history, is hitting travel, hotel and construction sectors particularly hard, he told Fox Business in an interview on Friday.
Former prime minister (and journalist) Tony Abbott has published a political history of Australia.
On 7 March, Syrian security forces and affiliated armed factions perpetrated the massacre of more than 1,500 Alawite civilians, including many elderly, women, and children, in 58 separate locations on the Syrian coast.
The ferrous complex is buckling. Steel output cuts are so far insufficient to lift steel prices. Iron must fall much further if steel mill margins are to be restored. Weekly data from consultancy firm Mysteel showed that fewer than 40% of the 247 surveyed steel mills were profitable, a level last seen in October 2024.
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