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Sun, Jul 12, 2026 12:16 AM All times are UTC

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A budget splash to conserve 30% of Australia’s lands will save species – if we choose the right 30%

| Insights & Views

In 2022, Australia and many other nations agreed to protect 30% of their lands and waters by 2030 to arrest the rapid decline in biodiversity. Since then, the Albanese government has protected large new areas of ocean,...

Why is the US group chat on Houthi attack plans so concerning? A military operations expert explains

| Insights & Views

A report in The Atlantic today sent shockwaves through Washington and beyond: senior US officials shared military operations for a bombing campaign against Houthi rebels in Yemen in a Signal group chat that inadvertently...

Tax cuts are coming, but not soon, in a cautious budget

| Insights & Views

Todays budget is a cautious and responsible response to the cost-of-living pressures facing voters. As noted ahead of budget night, many of the major spending initiatives had already been announced. But, in the only major...

The 2025 budget has few savings and surprises but it also ignores climate change

| Insights & Views

By the standards of pre-election budgets, this one is surprisingly modest. There are only a handful of new revenue and spending initiatives. The Budget Paper 2 book, which contains new measures, is a slim document. In...

A ‘modest’ tax bribe, delivered against dark clouds of Trump-induced uncertainty

| Insights & Views

The Albanese governments fourth budget is a pitch for the votes of a sour and alienated electorate, framed against a background of extraordinary international uncertainty. US President Donald Trump isnt mentioned by name....

Albanese government bids for votes with ‘top-up’ tax cuts for all

| Insights & Views

Tax cuts are the centrepiece of the Albanese governments cost-of-living budget bid for re-election in May. The surprise tax measures mean taxpayers will receive an extra tax cut of up to A$268 from July 1 next year and up...

Polarisation: poor countries disagree over the economy, richer countries on social issues – new findings

| Insights & Views

It is hard nowadays to find topics on which people agree. Ironically, though, all agree on one point: that disagreement has reached peak levels. People are united in recognising that society has become polarised. Why has...

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Economy

Trump, Canada Reach Gordie Howe Bridge Deal Ahead of July 27 Opening

The $4.7 billion Gordie Howe International Bridge connecting Detroit and Windsor, Ontario, is set to open on July 27 after the United States and Canada reached a new agreement on toll revenue, ending months of uncertainty...

Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is set to officially open on July 27 after the United States and Canada reached a new agreement over toll revenue,...

Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations

The Federal Reserve reaffirmed its commitment to restoring price stability, saying it is prepared to act forcefully if necessary to keep longer-term inflation expectations anchored around its 2% target. The pledge came in...

Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans

The U.S. dollar traded within a narrow range on Friday and was on track for a modest weekly gain as investors weighed evolving inflation expectations, Federal Reserve policy signals, and renewed geopolitical tensions in...

Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data

Wall Street ended higher on Friday, led by the blockbuster Nasdaq debut of South Korean memory chip giant SK Hynix, while investors largely shrugged off renewed U.S.-Iran tensions and shifted their attention to next weeks...

Politics

Ukraine Says Drone Strikes Hit 21 Russian Oil Tankers as Russia Launches Fresh Missile Barrage

Ukraine said its military damaged 21 Russian tankers carrying crude oil and petroleum products during overnight drone strikes in the Sea of Azov, marking one of Kyivs most significant attacks on Russias energy transport...

Ro Khanna Says Armed Israeli Settlers Detained Him During West Bank Visit Amid 2028 White House Consideration

U.S. Representative Ro Khanna said he and his delegation were detained by armed Israeli settlers during a visit to the occupied West Bank, describing the incident as a firsthand look at the realities facing Palestinians as...

Lindsey Graham Urges China to Pressure Russia Into Ukraine Peace Talks

U.S. Senator Lindsey Graham said China could play the most influential role in pushing Russia toward peace negotiations, arguing that Beijings leverage over Moscow may be key to ending the war in Ukraine. Speaking in Kyiv...

Trump Election Commission Firings Follow White House Push for Voting System Changes

The White House spent months exploring ways to bypass the U.S. Election Assistance Commission (EAC) and use emergency powers to accelerate changes to voting systems before President Donald Trump dismissed the agencys...

Trump Administration Doubts Iran Nuclear Deal as Strait of Hormuz Tensions Persist

The Trump administration is growing increasingly skeptical about the prospects of reaching a long-term nuclear agreement with Iran, as U.S. officials push Tehran to prove it is honoring a temporary peace arrangement before...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...