WASHINGTON—President Joe Biden on Tuesday spoke with Japanese Prime Minister Fumio Kishida to discuss their next steps after North Korea conducted its longest ever test launch by firing a nuclear-capable ballistic missile over Japan. The White House in a statement said the leaders condemned North Korea’s missile test in the “strongest terms, recognizing the launch…
Biden Consults Japan Prime Minister Kishida After North Korea Missile Test
Australia‘s Rarest Penny Sells for Nearly $60,000
A rare 1930s Australian penny has been sold for nearly $60,000 (US$39,000). Featuring a partial diamond and six pearls on King George V’s crown, the penny is the lowest mintage pre-decimal Australian coin in existence. The coin was sold at a national online auction on Sunday night for $59,415 to a Western Australian bidder who wants…
Did Biden Just Provoke a Russian Nuclear Attack?
Tensions are rising between Russia and the White House. Both accuse the other of sabotaging gas pipelines and threatening armageddon. And instead of reporting and explaining reality, the U.S. media is stoking the fires. But that’s to be expected when the free press turns into a perpetual propaganda machine. In this eye-opening new episode of…
Russia’s Federation Council Ratifies Annexation of 4 Ukrainian Regions
LONDON—The upper house of Russia’s parliament voted on Tuesday to approve the incorporation of four Ukrainian regions into Russia, as Moscow sets about formally annexing territory it sized from Kyiv during its seven-month conflict. In a session on Tuesday, the Federation Council unanimously ratified legislation to annex the Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of…
Global Recession Can Be Avoided With Right Fiscal Policies: IMF’s Georgieva
RIYADH—Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the International Monetary Fund’s managing director said on Monday. In the context of monetary policy tightening, fiscal policy cannot stay idle because the cost of living crisis is hitting…
UN Agency Wants Inflation to Be Fought With Price Controls, Windfall Taxes, Tighter Regulations
A United Nations agency is blaming rapid interest rate increases and fiscal tightening in advanced economies for global stagnation as well as giving rise to economic volatility in developing countries. “In a decade of ultra-low interest rates, central banks consistently fell short of inflation targets and failed to generate healthier economic growth. Any belief that they…
Bill Gates Says Preventing People From Eating Meat Is ‘Too Difficult’
Bill Gates has said that it is impractical to insist on reducing meat consumption in order to combat climate change. “Anyone who says that we will tell people to stop eating meat, or stop wanting to have a nice house, and we’ll just basically change human desires, I think that that’s too difficult,” Gates said…
Environment Minister Pledges ‘Zero Extinctions’ in Australia Within 10 Years
Australia’s Environment Minister Tanya Plibersek has unveiled a ten-year conservation plan to ensure there are no “new extinctions of plants and animals.” On Oct. 4, the Labor minister released “The Threatened Species Action Plan 2022-2032” which outlines a series of ambitious targets, including preventing new extinctions, conserving 30 percent of Australia’s land mass, adding 10…
Australia Joins Five Eyes’ Rejection of Russia’s Annexation of Ukrainian Territories
Australia has followed the Five Eyes allies—Canada, New Zealand, the United Kingdom, and United States—in rejecting Russia’s annexation and referendums in the contested territories of Ukraine. The Australian government also announced another round of sanctions on those helping to organise referenda being held in the regions of Luhansk, Donetsk, Kherson, and Zaporizhzhia. Minister for Foreign…
The Popularity of Populism
Commentary Sweden held a general election for its legislature, the Riksdag, on Sept. 11. Unexpectedly, the election was won by a centre-right coalition, which includes the right-wing Sweden Democrats. The Sweden Democrats—a small fringe party in the early part of this century—rose to prominence during the last couple of years because of its anti-immigration stance…
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