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Morrison’s health handout is bad policy (but might be good politics)

Dec 15, 2018 16:31 pm UTC| Insights & Views Politics

The A$1.25 billion Community Health and Hospitals Program Prime Minister Scott Morrison announced this week should be awarded a big policy fail. The move sets back Commonwealth-state relations by decades and its...

The John Birch Society is still influencing American politics, 60 years after its founding

Dec 10, 2018 02:47 am UTC| Insights & Views Politics

The retired candy entrepreneur Robert Welch founded the John Birch Society 60 years ago to push back against what he perceived as a growing American welfare state modeled on communism and the federal governments push to...

Hokey-pokey politics as the government is shaken all about

Dec 08, 2018 17:43 pm UTC| Insights & Views Politics

In the topsy turvy Liberal universe, just when the right is trying to tighten its grip on the throat of the party, the government is haring off to the left, with this weeks legislation to allow it to break up recalcitrant...

Abiy's big steps shouldn't obscure undercurrents in Ethiopia

Dec 08, 2018 17:39 pm UTC| Insights & Views Politics

Positive headlines about Ethiopia have been frequent since the countrys new Prime Minister Abiy Ahmed took over in early April. One of the biggest steps hes taken has been the rapprochement with Eritrea, which ended the...

Back-to-work legislation may come back to haunt Justin Trudeau

Dec 08, 2018 17:27 pm UTC| Insights & Views Politics

The Justin Trudeau governments use of back-to-work legislation effectively put an end to the rotating strikes waged by the Canadian Union of Postal Workers (CUPW). But the legislation could haunt the governing Liberals in...

Liberals adopt new rule to stop the revolving prime ministership

Dec 04, 2018 16:40 pm UTC| Politics

Scott Morrison has announced a major change in Liberal party rules to ensure a prime minister who wins an election serves the full term, unless two thirds of the party decides otherwise. Morrison said the Liberal party...

New hope in Nigeria, but Zimbabwe struggles with the same old problems

Dec 04, 2018 16:39 pm UTC| Insights & Views Politics

There has been a sense of transition in both Nigeria and Zimbabwe recently. In Nigeria, Obiageli Oby Ezekwesili launched her presidential election campaign. She is not expected to win in the 2019 election. At best, she...

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Economy

Mexico Gains Preferential Tariff Treatment from U.S. Amid Trade Talks

Mexicos measured response to U.S. tariff threats under President Donald Trump has paid off with preferential treatment and stronger ties with Washingtons trade team, according to Deputy Economy Secretary Luis Rosendo...

Singapore Criticizes U.S. Tariffs Despite Free-Trade Deal

Singapore has expressed disappointment over the United States decision to impose a 10% tariff on its exports, despite a long-standing free-trade agreement (FTA) and a U.S. trade surplus. Trade and Industry Minister Gan Kim...

BOJ Signals Possible Rate Hikes Amid U.S. Tariff Concerns

Bank of Japan (BOJ) Deputy Governor Shinichi Uchida stated on Friday that the central bank may raise interest rates further if theres a stronger chance of reaching its 2% inflation target. His comments come amid rising...

Trump’s Tariffs Shake Emerging Markets, Trigger Currency Slides and Credit Risks

Emerging markets are under pressure as U.S. President Donald Trumps new tariffssome reaching 50%push levies to century-high levels, sparking fears of a global trade war and worsening credit outlooks. The move hits Asia and...

Trump Hints at Tariff Relief Amid Market Turmoil and TikTok Talks

President Donald Trump signaled on Thursday that he is open to easing U.S. tariffs if other nations offer something phenomenal, hinting at possible trade negotiations. This came just a day after the White House introduced...

Politics

Trump Defends Marine Le Pen After EU Funds Conviction, Slams French Court Ruling

U.S. President Donald Trump has voiced support for French far-right leader Marine Le Pen following her recent conviction by a Paris court for embezzling European Union funds. The court ruling, which also targeted 24 others...

Myanmar Junta Leader Attends BIMSTEC Summit Amid Earthquake Crisis

Myanmars junta leader Min Aung Hlaing made a rare international appearance at the BIMSTEC summit in Bangkok, just one week after a devastating 7.7 magnitude earthquake struck the country. The powerful quakeMyanmars...

NSA Director Timothy Haugh Fired Amid Leadership Shake-Up

U.S. National Security Agency (NSA) Director and U.S. Cyber Command chief General Timothy Haugh was dismissed on Thursday, according to the Washington Post, citing two current and one former U.S. official. Deputy NSA...

Senate Confirms Harmeet Dhillon to Lead DOJ Civil Rights Division

The U.S. Senate, led by Republicans, confirmed conservative attorney Harmeet Dhillon as the new head of the Justice Departments Civil Rights Division in a 52-45 vote. Only one Republican, Senator Lisa Murkowski of Alaska,...

South Korea’s Yoon Suk Yeol Removed from Presidency Over Martial Law Scandal

Former South Korean President Yoon Suk Yeol has been ousted after the Constitutional Court upheld his impeachment for unlawfully declaring martial law. The 64-year-old ex-prosecutor, known for his hardline stance and...

Science

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

Technology

Nintendo Switch 2 Launches June 5 at $449.99 with Major Upgrades

Nintendo (NYSE:SWCH) has officially announced the launch of its next-generation gaming console, the Switch 2, set for release on June 5. Priced at $449.99 in the U.S., the highly anticipated device features significant...

ReliaQuest Secures $500M to Boost AI Cybersecurity, Hits $3.4B Valuation

ReliaQuest, a leading AI-powered cybersecurity company, has raised over $500 million in a new funding round led by EQT, KKR, and FTV Capital, pushing its valuation to $3.4 billion. Other backers in this round include Ten...

GlobalFoundries and UMC Explore Merger Amid U.S. Chip Strategy Shift

United Microelectronics Corp. (UMC), a major Taiwanese semiconductor foundry, and U.S.-based GlobalFoundries (NASDAQ: GFS) are reportedly in early talks about a potential merger, according to sources cited by Reuters. If...

Intel CEO Lip-Bu Tan Outlines Bold Turnaround Strategy at IntelVision 2025

At the IntelVision 2025 conference, new Intel (NASDAQ: INTC) CEO Lip-Bu Tan unveiled a transformative vision to revitalize the tech giant. Since taking the helm on March 12, Tan has prioritized customer engagement and...

OpenAI Secures $40B from SoftBank, Reaches $300B Valuation Amid AI Boom

OpenAI announced Monday it has raised $40 billion in a funding round led by Japans SoftBank Group Corp. (TYO:9984), pushing the AI firms valuation to a staggering $300 billion. This marks a major leap from its $157 billion...
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