CAPU MIDIA, Romania—U.S. and French troops that are part of a NATO battlegroup in Romania held a military exercise on Thursday to test the 30-nation alliance’s eastern flank defenses, as Russia’s full-scale invasion of neighboring Ukraine nears its one-year anniversary. The joint combat drills at the Black Sea training range in Capu Midia, dubbed Eagle…
US General to Aggressors: Allies Are Battle-Ready in Asia
MANILA, Philippines—American forces and their allies in Asia are ready for battle after years of joint combat exercises, a United States general said Wednesday, adding that Russia’s setbacks in Ukraine should serve as a warning to potential Asian aggressors like China and North Korea. U.S. treaty allies like the Philippines, Japan and Australia, among others,…
Australian Interest Rates: How High, How Long?
February 9, 2023
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AustraliaAustralian Cash rateAustralian economyAustralian Home Loan MarketBusiness & Marketseconomyinflationinterest rateInternationalOpinionphilip loweRBAViewpointsWorld
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Commentary Home buyers and businesses are suffering sticker shock as the Reserve Bank of Australia (RBA) lifted the official cash rate from 0.1 percent to 3.35 percent in the course of the nine months since April 2022. But they should probably be thinking of rates of this level as the “new normal.” Assuming lenders pass…
Australian Interest Rates: How High and for How Long?
February 9, 2023
admin
AustraliaAustralian Cash rateAustralian economyAustralian Home Loan MarketBusiness & Marketseconomyinflationinterest rateInternationalOpinionphilip loweRBAViewpointsWorld
0 Comment
Commentary Home buyers and businesses are suffering sticker shock as the Reserve Bank of Australia (RBA) lifted the official cash rate from 0.1 percent to 3.35 percent in the course of the nine months since April 2022. But they should probably be thinking of rates of this level as the “new normal.” Assuming lenders pass…
In Turkey’s Quake-Hit Hatay Province, Rescue Workers Racing Against Time
ADANA, Turkey—The highway from Turkey’s southern Adana Province to the neighboring province of Hatay is snarled by traffic. There are long lines of trucks bearing critical aid for survivors, bulldozers and excavation equipment, and busloads of volunteer rescue workers. Three days ago, Adana and Hatay—and eight other provinces of southern Turkey—were hit with back-to-back earthquakes…
AUKUS Increases Australia’s Sovereignty, Not Dependence on US: Defence Minister
February 9, 2023
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AUKUSAustraliaBen WallaceChinaIndo-PacificInternationalInternational Relationsmilitary built upNational SecurityRichard MarlessovereigntyUKUSWorld
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Australia’s alliance with the United States, including the AUKUS partnership, enhances rather than diminishes the country’s sovereignty, Defence Minister Richard Marles remarked. In a statement to the House on Feb. 9, Marles repudiated critics of the AUKUS alliance, such as former prime ministers Paul Keating and Malcolm Turnbull, who argue the acquisition of nuclear submarines…
Musk Says Twitter Will Be Back Up on Thursday After Outage
February 9, 2023
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Business & MarketsCompaniesElon MuskInternationalMedia & Big TechoutageSocial MediaTechTwitterUSUS NewsWorld
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Twitter owner Elon Musk said the social media app should be back up later in the day after some users were unable to tweet on Wednesday, prematurely encountering a message that said “You are over the daily limit for sending Tweets.” Musk wrote on Twitter early on Thursday that there were multiple “internal and external…
Zelenskyy Makes Surprise Trip to UK, France to Ask for More Weapons, Fighter Jets
Ukrainian President Volodymyr Zelenskyy made an unannounced visit to France and the United Kingdom on Feb. 8 where he called on leaders of the two nations to supply Ukraine with more fighter jets and weapons amid the ongoing Russian invasion. Zelenskyy first landed in the UK where he was greeted by Prime Minister Rishi Sunak before heading to…
MP Bows out of Parliament, Praised for Calling out Political Correctness in Schools
Former prime ministers have heaped praise on retiring MP Alan Tudge for his courage in speaking out against political correctness in schools. Tudge, the former education minister, announced his retirement from politics on Feb. 9, citing health and family reasons. In a speech to Parliament, the member for Aston said he made the decision following his…
‘You’ve Got to Make the Tough Decisions’: New South Wales’ Leaders Debate Gets Fiery
February 9, 2023
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AustraliaBusiness & MarketsChris MinnsDominic Perrotteteconomic policieselectionInternationalNew South WalesNSWWorld
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Heated exchanges marked the first New South Wales (NSW) election debate as the premier and opposition leader locked horns over big issues facing Australia’s most populous state. Voters of NSW will take to the polls on March 25 to decide whether they want to keep the centre-right Coalition, which has governed the state for 12 years…
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