Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief
Petrol now costs more than $1.90 a litre in every capital city, with diesel expected to exceed $2.40 a litrePetrol prices could surpass $2 a litre and diesel $2.40 in coming days, after the government’s 16-cent discount ends on Sunday.The 32-cent per litre reduction in fuel excise, introduced in March at the peak of the fuel price spike, was halved to 16 cents in July. Continue reading...
Sources & Citations
1 sourceMore Stories
Will Hamas Disarm Before Israel Meets Its Gaza Commitments? - Modern Diplomacy
• Hamas has conditioned the implementation of a new U.S.-brokered Gaza peace framework on Israel first fulfilling commitments from a previous agreement reached in Sharm el Sheikh last year. • To proceed, Hamas demands that Israel end military operations, withdraw forces to October positions, and increase the flow of humanitarian aid and commercial goods into the territory.
Read original · moderndiplomacy.euUS and Israel said planning joint strikes on energy sites in Iran, bombing could continue throughout weekend
• The U.S. and Israel are planning joint military strikes targeting energy sites in Iran, with bombing operations potentially continuing throughout the weekend. • These plans were discussed during a cabinet meeting at Camp David, where President Trump reportedly ordered fresh strikes to force the Islamic Republic to surrender.
Read original · timesofisrael.comIs Trump's Gaza Breakthrough the First Step Toward a Historic US-Iran Deal? -THINK TANK JOURNAL
• The article explores whether a potential breakthrough in Gaza could serve as a catalyst for a historic diplomatic agreement between the United States and Iran. • It argues that the interconnected nature of Middle Eastern conflicts means that a durable reduction in violence in Gaza would shift strategic calculations for key regional players, including Tehran, Riyadh, and Cairo.
Read original · thinktank.pk
THINK TANK JOURNAL‘Who could have done this?’ Mystery over Briton found dead in a suitcase in Athens
Greek police throw entire homicide division at trying to explain fate of 38-year-old Elisabeth-Jane RossTwo worlds separated by sheets of corrugated iron: one, a tree-lined road, bordered by a park and the home of Greece’s oldest sports club; the other a wasteland of derelict buildings and graffiti-covered walls in what was once a car park.It is here, on the wrong side of the divide, in Kypseli, a neighbourhood in central Athens, that the body of Elisabeth-Jane Ross was found, inside a suitcase last month. Continue reading...
Read original · theguardian.com‘We stared into an abyss’: the heroes battling to tame France’s ‘megafire’
Exhausted firefighters wage ‘war of attrition’ against blaze that forced 200,000 people from their homes By noon it is time for a break. The temperature is about 35C, the smell of ash, cinders and burnt wood hang acrid in the air. At tables laid out in the shrinking shade on the desiccated grass and sand outside the sports centre in Le Porge, 200 men and a handful of women have gathered. Firefighters, soldiers, police, gendarmes, officials, first aid teams, foresters and volunteers sit elbow to elbow, plates of sausages, steak and potatoes in front of them.The village was evacuated just over 14 hours after the “megafire” – as it has become known in France – broke out 6km away last week. The blaze has consumed 42,000 hectares (104,000 acres) of mainly forestland west of Bordeaux. Though finally contained, there are outbreaks every day, pushing to the limit emergency services and the hundreds of amateurs who have come to their aid. Continue reading...
Read original · theguardian.comECB official warns climate crisis poses growing threat to ‘core financial stability’
Exclusive: As wildfires rage, Frank Elderson says more work needed to assess risk from collapse of ecosystem servicesA senior policymaker at the European Central Bank has said the climate emergency and the breakdown of nature poses a dramatically growing risk to the global economy.Frank Elderson, a member of the ECB’s executive board, said the eurozone lender of last resort was stepping up its monitoring of the financial risks linked to the destruction of “ecosystem services”, which are nature-related processes or assets that support human activity. Continue reading...
Read original · theguardian.comSingapore bans Massive Attack for showing Palestinian flag, breaching ban on foreign emblems
Two members given ‘stern warnings’ after concert and barred from returning, with band also excluded from performing in Singapore again, say authoritiesBritish trip-hop band Massive Attack has been barred from performing in Singapore after an investigation found two members unfurled a Palestinian flag during a concert, police said.Singapore, known for its tough laws on public speech and assembly, bans the open display of all foreign flags, national emblems or banners without a permit. Continue reading...
Read original · theguardian.comBessent ‘to-do’ list shows proposal for US to buy $5bn-$10bn of Japanese yen
Treasury secretary’s notepad, photographed by Reuters on Friday morning, prompts questions over US plansDuring a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5bn-$10bn in Japanese yen in a scribbled “to do” list left visible to a Reuters photographer.The image, taken over Bessent’s shoulder during a portion of the meeting open to journalists, showed a Camp David notepad with the underscored words “To Do” followed by “Buy Japanese Yen (JPY) $5-10 bil”. Continue reading...
Read original · theguardian.comAdani to pay no company tax despite $1bn revenue from Queensland coalmine
Indian conglomerate offsets earnings from Carmichael mine to report $340.6m loss, after promising billions in taxes and royaltiesGet our breaking news email, free app or daily news podcastIndian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year.Financial accounts show the Carmichael thermal coal operations used large costs – including production and related party logistics expenses – to offset its $963.5m revenue in the 12 months to 31 March. This resulted in a recorded $340.6m loss for the year, erasing it’s tax bill. Continue reading...
Read original · theguardian.comSan Francisco pitbull rescued after two days trapped in railway tunnel
Pup named Roo, who ran away from home, was found curled up next to rail track – and was ‘thrilled’ to be rescuedA two-year-old pitbull who ran away from home braved two days in a dim San Francisco railway tunnel before being rescued.Caltrain operators spotted the pup named Roo on his first day in the tunnel. Looking at the dog’s unmoving body, they had assumed he had been fatally struck by a train, according to a recent social media post from the San Francisco animal care and control shelter. Continue reading...
Read original · theguardian.comLabour wins decisive victory in Greater Manchester mayoral byelection
Bev Craig, the city council leader, succeeds Andy Burnham as mayor, reversing Reform gains in May local electionsLabour has stormed to a decisive victory in the Greater Manchester mayoral byelection, seizing back areas that recently fell to Reform UK and the Greens.Labour’s Bev Craig, the Manchester city council leader, will now succeed Andy Burnham and hold one of the most powerful political positions outside Westminster. Continue reading...
Read original · theguardian.com