Business
The US Federal Reserve has raised interest rates for the first time in three years, defying strong opposition from President Donald Trump. This unanimous decision is expected to have significant global economic implications, including a stronger dollar and rising bond yields.
World
The Labor government unveiled a series of visa reforms aimed at reducing net overseas migration to 225,000 by 2028. The measures target international students, their families, backpackers and ‘visa‑hoppers’, sparking concern from the education sector and opposition parties.
World
The United States has once again denied entry visas to Palestinian President Mahmoud Abbas and other Palestinian officials, preventing their attendance at the upcoming United Nations General Assembly in New York for the second consecutive year. This move by the State Department continues visa restrictions on members of the Palestinian Authority and the Palestine Liberation Organization.
World
Former U.S. President Donald Trump has threatened significant tariffs and trade disruptions with the European Union should it proceed with a proposal to grant Canada 'associate member' status. The move by Brussels, backed by EU Commission President Ursula von der Leyen, is seen as an effort by Canada to diversify its international ties amid cooling relations with the United States.
News
A senior education figure, Midelfart, has sounded the alarm that Norway's school system faces a serious crisis. The warning has sparked concern among policymakers and the public about the future of the country’s widely respected public education.
Business
Kenyan MP Ndindi Nyoro has cautioned that the country is on a path toward a sovereign debt default. A delay in PAYE tax relief, now expected in October, could affect workers earning between Ksh30,000 and Ksh50,000.
Business
Petroleum retailers are pressuring the government to define how the recently announced Rs100 per litre fuel subsidy will be reimbursed, threatening to halt pump operations. The ministry has convened an emergency meeting amid growing tension over the scheme's rollout.
Business
Prime Minister Giorgia Meloni's government announced the elimination of the vehicle ownership tax (bollo) for small‑ and medium‑power cars and all motorcycles, to take effect in 2027. The move, aimed at easing a widely‑detested levy, comes as Italy heads toward a national election.
Business
Nigeria has announced that oil sector reforms have generated more than $10 billion in final investment decisions since 2023. The influx marks a significant boost for the country's energy revenue outlook.
News
President Claudia Sheinbaum oversaw a historic military parade in Mexico City, with 99 aircraft flying over the Zócalo for the first time. Her speech emphasized the armed forces’ role in safeguarding national sovereignty.
World
The Japan Innovation (Ishin) party and Prime Minister Fumio Takaichi's Liberal Democratic Party have formally agreed on a cabinet‑cooperation framework. Economy and Trade Minister Ryosho Akasawa and Growth Strategy Minister Jounai Minoru are expected to keep their portfolios in the pending cabinet reshuffle.
Business
A popular Slovak bank is alleged to have handed over customers' personal information to criminal groups, sparking a nationwide outcry. The episode has triggered scrutiny from regulators, politicians and consumer‑rights organisations.