Month: June 2022

Having Australian Nuclear Subs Operational By 2030 is ‘Extremely Optimistic’ Says Defence Minister

Australia’s Deputy Prime Minister Richard Marles has said he believes the 2030 deadline for the country to have nuclear subs in our waters is “optimistic in the extreme.” Marles who is also Australia’s defence minister said that he believed the deadline set by the previous Australian government was in the 2040’s rather than 2030. “I…


‘Extremely Optimistic’: Nuclear-Powered Subs in Australian Waters by 2030

Australia’s Deputy Prime Minister Richard Marles says he is “optimistic in the extreme” that a 2030 deadline for new nuclear-powered submarines will be met. This is despite Marles—also the country’s defence minister—claiming earlier that under the previous government’s deadline, the submarines would be available in the late 2040s. “I think the truth of where the…


Skilled Migrants to Solve Hospital Staff Shortages in Australian State

Victoria’s Premier Daniel Andrews is hoping skilled migrants from overseas will be able to help his government tackle the state’s hospital staffing crisis. The premier has pushed for the clearance of a “massive” backlog of skilled migrants saying the stagnation in Australia’s skilled migration in the past two years was contributing to Victoria’s ailing health…


Rita Fan: ‘Hongkongers Were Taught a Lesson: Never Discuss Democracy and Human Rights Again’

Rita Fan Tsui Lai-tai, a member of the CCP’s rubber-stamp legislature, looked back on the past 25-years since the handover of Hong Kong to China, and said with affirmation, “The last 25 years have taught us an invaluable lesson. It teaches all Hongkongers to not talk about democracy and human rights ever again.”  With that…


Ethiopia Kills 7 Sudanese Soldiers, Civilian in Border Area

CAIRO—Ethiopia killed seven Sudanese soldiers and a civilian in a border area in the latest sign of deteriorating ties between the east African nations. A Sudanese military statement late Sunday described the killings as a “cowardly act” and said Khartoum would retaliate. The killings violated “all laws and customs of war and international humanitarian law,”…


Retail Industry: Labor Shortage Not Improving, Australia Needs Immigration

Labour shortages in Australia have worsened over the past three months, with many businesses in the retail industry saying it’s much harder for them to hire new staff, according to a new survey. An online poll by the Australian Retail Association (ARA) showed that none of the retailers surveyed said labour shortages had eased, with…


Wells Fargo Enumerates Several Bottlenecks for PayPal, Reiterates Overweight Rating

Wells Fargo analyst Jeff Cantwell’s post-conference call with  PayPal Holdings, Inc. listed multiple challenges for PayPal going forward. They saw that the competition had increased significantly for PayPal across its merchant and consumer businesses due to advances made by others, including Adyen N.V., Stripe, and Apple Inc., fueling doubts about the sustainability of PayPal’s moat. They believe that PayPal’s share in online…


Biden Raises US Tariff Rate on Certain Russian Imports to 35 Percent

WASHINGTON—President Joe Biden on Monday raised the tariff rate on certain Russian imports to 35 percent as a result of suspending Russia’s “most favored nation” trading status over its war in Ukraine, according to a proclamation issued by the White House. The higher 35 percent duty applies to imports of “certain other products of the…


Queensland Discards Vaccine Mandates at Most Workplaces

The Queensland state government of Australia is scrapping COVID-19 vaccine mandates in a large number of workplaces, including schools, childcare, airports, jails, aged care, and disability facilities. “Restrictions that have protected us have eased in sensible stages, and today, I announce with the advice of the Chief Health Officer, we are removing some of the…


Biden Admin Expects to Deploy 1.6 Million Doses of Monkeypox Vaccines in ‘Enhanced’ Strategy

The Biden administration announced it will expand access to monkeypox vaccines in a new “enhanced” national strategy to combat the outbreak, which includes the deployment of 296,000 vaccine doses over the coming weeks, and potentially 1.6 million vaccine doses over the coming months. The plan seeks to “expand vaccination for individuals at risk and make testing more…