Commentary Australia’s key decision-makers seem intent on making the worst decisions that they can for the energy sector. The latest federal government plan is to cap gas prices to $12 (US$8) per gigajoule (GJ). Simplistically they think that forcing gas companies to sell at a lower price will combat the increasing cost of living that…
Capping Gas Profits Is Not a Good Idea for These Reasons
December 12, 2022
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Australiaaustralian gasBusiness & MarketsCompaniescost of livingenergyEuropeeurope energy crisisInternationalOpinionViewpointsWorld
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Australia Uses its New Magnitsky-Style Laws to Sanction Iran and Russia
December 12, 2022
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AustraliaBusiness & MarketsEuropeInternationalIran sanctionsMagnitsky ActMiddle EastRussia-Ukraine WarWorld
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Australia is using its new Magnitsky laws to implement sanctions on 13 individuals and two entities from Iran, including members of Iran’s Morality Police and the Basij Resistance Force and six Iranian individuals who have been intrinsically involved in the crackdown on protests following the death of 22-year-old Mahsa ‘Jina’ Amini. Announcing the sanctions on…
Deadly Ambush on Australian Police Leaves 6 Dead, Including 2 Police Officers
Six individuals have been shot and killed in a deadly shootout after police officers were ambushed by three individuals in the Western Downs region of Queensland, Australia, on Dec. 12. At around 4:30 p.m., four police officers were initially called to investigate a missing person report at a property on Wains Rd in Wieambilla. Two…
Deadly Ambush on Australian Police Leaves 6 Dead, Including 2 Officers
Six individuals have been shot and killed in a deadly shootout after police officers were ambushed by three individuals in the Western Downs region of Queensland, Australia, on Dec. 12. At around 4:30 p.m., four police officers were initially called to investigate a missing person report at a property on Wains Rd in Wieambilla. Two…
NATO Chief Issues Warning of Potential for ‘Major War’ With Russia
December 12, 2022
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ArchivedEuropeInternationalJens StoltenbergLong-Range WeaponsNATONewsRussiaRussia-Ukraine WarUkraineWorld
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NATO Secretary-General Jens Stoltenberg has warned of a “real possibility” that the conflict between Russia and Ukraine, now in its 10th month, could draw the 30-member alliance into a “major war.” “I fear that the war in Ukraine will get out of control and spread into a major war between NATO and Russia,” Stoltenberg told…
Zelenskyy Praises US for ‘Unprecedented’ Support After Pentagon Authorizes Additional $275 Million in Aid
December 12, 2022
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French President Emmanuel MacronInternationalpresident joe bidenRussia-Ukraine WarUkrainian President Volodymyr ZelenskyUSUS NewsWorld
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As Ukraine’s battle against Russia stretches into the harsh winter months, Ukrainian President Volodymyr Zelenskyy thanked President Joe Biden for “unprecedented” support from the United States, including an additional $275 million in security assistance announced by the Pentagon on Dec. 9. During a phone call between the leaders on Dec. 11, Zelenskyy also praised the…
Countering CCP Military Threat, Japan Establishing Defense in Okinawa
December 12, 2022
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Asia & PacificChinaChinese RegimeInternationalJapan Self Defense ForcemilitaryOkinawaPrime Minister Shinzo AbeThreat from Communist ChinaUS-China relationsWorldzero-covid policy
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Following the late Prime Minister Shinzo Abe’s principle that “A Taiwan emergency is a Japanese emergency,” Japan will set up an Okinawa Defense Corps to counter Beijing’s military threat. Japan’s Defense Ministry will establish an Okinawa Defense Group in the Ground Self-Defense Force (GSDF) as a new unit at the heart of the defense of…
Sam Bankman-Fried Reveals Plans to Launch New Business After FTX Collapse
FTX founder Sam Bankman-Fried has revealed plans to start a new business venture just weeks after his cryptocurrency exchange spectacularly collapsed. In an interview with the BBC published on Saturday, the 30-year-old—who is facing a number of civil lawsuits brought against both him and his failed company—said he would “give anything” to be able to set up a…
US to Invite Russia to Attend 2023 APEC Meetings in San Francisco: State Department
The United States plans to invite Russia to attend meetings of the Asia–Pacific Economic Cooperation (APEC) bloc, which will be hosted by the Unite States next year, despite deteriorating relations between the two, a senior official has said. U.S. State Department senior official for APEC, Matt Murray, told a media briefing in Singapore on Monday that the…
Taiwan Mulls Nationwide Ban on TikTok After Banning It From Government Devices
December 12, 2022
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Business & MarketsChinaChina Business & EconomyCompaniesInternationalMedia & Big TechSocial MediaSpecial TopicsTaiwanTechTech NewstechnologyTikTokWorld
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Taiwan is mulling a nationwide ban on the Chinese-owned video app TikTok after banning it from devices used in the public sector over national security concerns, according to a government official. Taiwan’s Minister of Digital Affairs, Audrey Tang, said on Dec. 9 that an inter-ministerial committee meeting will be held this month to discuss the…
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