Nearly two thirds of the countries in the world are now “exploring” central bank digital currencies (CBDCs) at one level or another, a new report says. The report, published on Wednesday by Washington-based think tank Atlantic Council, reveals that a total of 130 countries—representing 98 percent of global economy—are taking steps to convert their central…
130 Countries Are ‘Exploring’ Central Bank Digital Currencies, Report Says
June 28, 2023
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Australia Must Heed Gina Rinehart’s Timely Warnings
Commentary Amid growing fears of a recession, Federal Treasurer Jim Chalmers announced on June 28 that the $4.2 billion (US$2.8 billion) surplus forecast for the 2022-23 budget will be higher. Key drivers of the improved budget position were understood to be, among other things, higher tax revenue and stronger commodity prices than forecast by the…
Ex-Boyfriend of Former NSW Premier Faces Fresh Charge of Brokering for Chinese Property Developer
June 28, 2023
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AustraliaBusiness & MarketsChinese property developerCompaniesDaryl MaguireGladys BerejiklianNew South WalesWorld
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Daryl Maguire, who allegedly committed visa fraud while serving as a New South Wales (NSW) MP, has been charged with making false and misleading evidence to a corruption inquiry involving a council in Sydney. On June 2, Maguire, a former member of parliament for Wagga Wagga in NSW and the ex-boyfriend of former NSW premier…
Russia’s Lavrov Says Moscow Is in Contact With US About Embassies
White House national security adviser Jake Sullivan has been in touch with Moscow to discuss the respective Russian and U.S. embassies, and the two sides are in talks on the subject, Foreign Minister Sergei Lavrov said on Wednesday. The two countries’ embassies have been severely and reciprocally scaled down in recent years as relations have…
Adrian Strengthens Into Hurricane Off Mexico’s Western Coast, First of Eastern Pacific Season
MEXICO CITY—Adrian became the first hurricane of the eastern Pacific hurricane season Wednesday off Mexico’s western coast. The U.S. National Hurricane Center said Adrian had sustained winds of 80 mph (130 kph). The storm was expected to weaken again to a tropical storm by the weekend and keep heading out to sea. On Wednesday afternoon,…
Alberta Reaches Highest Production Level of Natural Gas Since 2010: Report
June 28, 2023
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Alberta boasted a 7 percent increase in marketable natural gas in 2022, reaching the highest production level since 2010, according to the latest report from the Alberta Energy Regulator. The 2023 Alberta Energy Report was published June 27, and provides independent information on the state of reserves and the supply and demand outlook for the…
How the Purple Fairywrens Survived Extreme Floods: Bird Expert
June 28, 2023
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animalsAsia & PacificAustraliaAustralian floodingaustralian wildlifebirdsBrightEnvironmentInspiredInternationalkimberley regionNatureprotecting wildlifeScienceScience NewsWorld
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The resilience of the iconic Australian birds—purple-crowned fairywrens—who were found alive and well four months after extreme flooding despite all their nests being washed away is noteworthy, according to researchers. The Western Australian floodings at the start of the year brought heavy rain and swelled the nearby Fitzroy River to nearly 15.81 meters (52 feet)…
First Nations Chief Ousted After Non-Confidence Vote
RoseAnne Archibald, the national chief of the Assembly of First Nations (AFN), has been removed by a non-confidence motion, seven months before the end date of her three-year term and after months of internal squabbles. Archibald’s fate was decided at a one-day private meeting of the Special Chiefs Assembly, held virtually on June 28 and…
RoseAnne Archibald Ousted as AFN National Chief
RoseAnne Archibald, the national chief of the Assembly of First Nations (AFN), has been removed by a non-confidence motion, seven months before the end date of her three-year term and after months of internal squabbles. Archibald’s fate was decided at a one-day private meeting of the Special Chiefs Assembly, held virtually on June 28 and…
Toronto Air Quality Ranks Among Worst in the World Amid Wildfires
In a top 100 ranking of poor air quality and pollution in cities around the world, Toronto ranked sixth place for unhealthy air Wednesday. The IQ Air Quality Index produces a daily live, major city ranking, and on June 28 at 7 p.m. ET, Toronto took one of the top spots on the list, with…
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