Australian scientists reveal mysterious black balls on Sydney beaches are mini blobs of poop
Oh shit! Thousands of mysterious black balls that washed ashore and closed off a popular Australian beach last month have turned out to be tiny clumps of poo. Initially thought to be made of tar, scientists at the University of New South Wales discovered that the sticky balls were actually made up of “fatbergs” (human […]
Former Australian PM deletes critical tweets of Trump after winning election: ‘Most destructive president’
Kevin Rudd, a former Australian prime minister and current ambassador to the United States in Washington, deleted a tweet criticizing President-elect Donald Trump after winning the presidential election. Rudd described Trump as “the most destructive president in history” in a 2020 post, NDTV reported. He served as Australia's 26th Prime Minister and leader of the […]
Australian Dollar retraces recent losses as China’s Trade Surplus widens in October – FXStreet
The Australian dollar strengthens as China's trade surplus widens in October due to better-than-expected exports. Australia's trade surplus in September fell to 4.609 billion, compared to the expected 5.3 billion. The US Federal Reserve is widely expected to cut its benchmark interest rate by 25 basis points on Thursday. The Australian dollar (AUD) rose following […]
Australian Dollar plunges around 2% as Trump trades optimism boosts US Dollar – FXStreet
The Australian dollar fell as traders grew cautious ahead of the US presidential election results. The Australian dollar could regain momentum after RBA Governor Michelle Bullock reaffirmed her hawkish stance on Tuesday. Exit polls in Georgia give Mr. Trump a 10% lead over Ms. Harris, based on less than 1% of votes counted. The Australian […]
Australian Dollar rises amid hawkish RBA guidance – FXStreet
AUD/USD strengthens as RBA Governor Michelle Bullock emphasizes the need to maintain a restrictive interest rate stance. The US presidential election remains the main driver for AUD/USD ahead of the Trump and Harris elections. Trump's victory is expected to be detrimental to the Australian dollar, as he has promised to raise tariffs on China. In […]
Australian billionaire, Tim Heath, fights off kidnappers in Estonia
An Australian billionaire has fought off kidnappers who allegedly tried to kidnap him in Estonia. The target of this brazen attack was crypto gambling mogul Tim Heath. Mr Heath, who is ranked 62nd on Australia's list of 250 richest people, was allegedly attacked in his apartment in the Estonian capital Tallinn in late July. The […]
Australian Dollar holds gains due to hawkish sentiment surrounding the RBA – FXStreet
The Australian dollar is Hawkish sentiment surrounding the RBA's policy outlook. The Australian dollar could face challenges due to increased risk aversion amid concerns about a potential resurgence of inflation in the US. The yields on US 2-year and 10-year bonds are 4.02% and 4.19%, respectively. The Australian dollar (AUD) reversed recent losses against the […]
King Charles heckled by Australian lawmaker: ‘You are not my king’
An Australian lawmaker was taken away by security after yelling 'You're not my king!' and heckled visiting King Charles III. Indigenous Australian independent senator Lydia Thorpe, who once called Queen Elizabeth II a colonialist during her 2022 swearing-in ceremony, went after King Charles inside the Great Hall of Parliament House in Canberra on Monday. “Give […]
King Charles heckled by Australian senator shouting ‘you are not my king’: ‘F–k the colony’
King Charles' speech to the Australian Parliament on Monday was thrown into chaos after a senator shouted “You are not my king” and accused him of “competing genocide against his people” . The 75-year-old cancer-stricken monarch is currently on a five-day tour Down Under with his wife Queen Camilla as part of an official state […]
Australian Dollar defends position due to hawkish sentiment surrounding the RBA – FXStreet
The Australian dollar has strengthened as strong employment data makes it less likely that the Reserve Bank of Australia will cut interest rates in 2024. In the third quarter, China's gross domestic product reported growth of 4.6% year-on-year (previously measured at 4.7%). Strong US retail sales data supported the US dollar and raised the possibility […]