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HSBC says Iran war is hitting confidence as businesses warn over economic risks

Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair Business live – latest updates HSBC bosses have said the Iran war is already hitting global economic confidence, as a string of business leaders warned over the impact of the conflict. Georges Elhedery, the Lebanon-born chief executive of the bank, told Bloomberg Television at an HSBC conference in Hong Kong: “We’re saddened and concerned with what’s happening in the Middle East, an

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Trump's $10 billion lawsuit against the WSJ thrown out

Trump's $10 billion lawsuit against the WSJ thrown out

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Taylor’s Trumpian immigration pitch is aimed at fighting One Nation – but puts Australia’s identity at stake

The Coalition might be in opposition to Labor but it is hoping to stem its loss of voters to Pauline Hanson Get our breaking news email , free app or daily news podcast It was not long ago that the notion of Australia as the world’s most successful multicultural country was not just a bipartisan political position but a source of national pride, expressed as enthusiastically by Liberals as their Labor counterparts. “I believe, no, I know that Australia is the most successful multicultural immigr

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Starmer accused of ‘corrosive complacency’ about defence by ex-head of Nato

George Robertson says the UK is in peril due to military underfunding, adding that Iran war should be wake-up call The British government has shown a “corrosive complacency towards defence” and put the UK “in peril”, according to a government adviser, in fierce criticisms of Keir Starmer’s military policy. The former Nato secretary general and author of the government’s strategic defence review, George Robertson, believes Starmer was “not willing to make the necessary investment”, the Financial

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Australia news live: poor hospital food adding to health costs; suspected crocodile remains found on Adelaide roadside

Governments spending $2.13bn annually on low quality food in public settings, report says Get our breaking news email , free app or daily news podcast Reptile remains, believed to be from a crocodile, have been found dumped on the side of the road in Adelaide. A spokesperson for the state’s environment and water department confirmed in a statement that department staff had “collected the remains of a reptile at Waterloo Corner.” They said: The remains, which were dumped on the side of the road a

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Police watchdog investigates handling of inquiry into Wimbledon crash that killed two schoolgirls

Independent Office for Police Conduct examines allegations that the race of victim’s’ families influenced conduct of officers The police watchdog is investigating complaints made against 11 officers over their handling of an inquiry into a road crash that killed two schoolgirls. The Independent Office for Police Conduct (IOPC) has confirmed that the officers, including a serving commander and a detective inspector, are being investigated over alleged gross misconduct. Continue reading...

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Guardian - World · Oct 8

Angus Taylor accused of ‘desperate dog-whistle’ immigration speech as Pauline Hanson takes credit

Tony Burke says millions of people will be asking why the Liberals have a problem with their parents ‘who don’t speak great English but are great Australians’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Labor has accused Angus Taylor of “desperate dog-whistling” and says millions of Australians will be asking why the Liberal party has a problem with their parents who don’t speak English, amid a backlash to the opposition’s n

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Guardian - World · Oct 8

‘I don’t just ditch my mates’: new Victorian Labor minister defends John Setka ties amid criticism

Luba Grigorovitch, one of four MPs promoted to Jacinta Allan’s cabinet, says she has ‘no regrets’ over friendship with former CFMEU boss Luba Grigorovitch, one of four Victorian Labor MPs promoted to cabinet, says she has “no regrets” about her past friendship with disgraced construction union leader John Setka, despite the opposition labelling her appointment “appalling”. The Victorian Labor caucus met on Tuesday and voted to elevate Grigorovitch, the member for Kororoit, along with Frankston M

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NBC News · Oct 8

New images of attack on OpenAI CEO Sam Altman’s home

New images of attack on OpenAI CEO Sam Altman’s home

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Guardian - World · Oct 8

Tuesday briefing: What needs to be done to tackle child poverty in the UK

In today’s newsletter: More than one-fifth of ‘austerity-generation’ British children live in poverty. Our social policy editor talks about the damage done and the way forward The austerity years cast a long shadow over Britain. In the wake of the 2008 financial crisis, a programme of cuts overseen by then-chancellor George Osborne and the work and pensions secretary Iain Duncan Smith gutted parts of the welfare state, limiting the generosity of what is now universal credit, introducing a bedroo

Today's highlights

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Giant echidnas weighing 15kg roamed Victoria – and the evidence was hiding in plain sight

A skull fragment found in a tray of unsorted fossils collected more than a century ago leads to discovery Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast A prehistoric fossil, hiding in plain sight in museum storage for more than a century, has revealed that giant echidnas once roamed Victoria. The Owen’s giant echidna, Megalibgwilia owenii , lived during the Pleistocene , a geological epoch that began 2.5m years ago. It grew to

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Mark Carney secures majority government in Canada after special election win

Carney’s Liberals will now be able to pass legislation without the support of opposition parties – and govern until 2029 The Canadian prime minister, Mark Carney, has secured a parliamentary majority for his Liberal government, CBC News reported. The victory will help him push through a legislative agenda he says is needed for an increasingly divided geopolitical world. Three special elections were held on Monday in Ontario and Quebec, with two in districts – known as ridings – that have long vo

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Holidays take a hit as UK cost of living fears and Iran war bite

Consumer spending on travel is down for the first time in five years while card spending edges up in March UK consumers have cut back on travel spending for the first time in five years, as they worry about the rising cost of living amid the Iran war. Overall consumer card spending increased 0.9% year on year in March, down from February’s 1%, according to data from Barclays. Continue reading...

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Guardian - World · Oct 8

Palestinian groups launch legal bid to shed light on Australian arms export permits to Israel

Three human rights groups are seeking to subpoena permit documents from Richard Marles Get our breaking news email , free app or daily news podcast A trio of Palestinian human rights groups have launched a legal bid to force Australia’s defence minister, Richard Marles, to shed light on whether the government has approved Israel-bound export permits, which could violate international law. The groups – the Palestinian Centre for Human Rights, Al-Haq and Al Mezan Center for Human Rights – will att

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NPR News · Oct 8

U.K. inquiry lays bare 'catastrophic' missed chances before stabbings at dance class

An inquiry found that a mass killing by a British teenager in 2024 at a Taylor Swift-themed dance class could have been prevented if his parents and state agencies had acted on his violence fixation. (Image credit: Scott Heppell)

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Guardian - World · Oct 8

Qantas raises fares and cuts domestic flights as travel patterns shift due to Middle East turmoil

As Persian Gulf carriers reduce routes, the Australian airline is also feeling the impact of rising fuel costs Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Qantas has lifted fares and cut domestic flights amid a surge in travel demand away from airlines that transit through the troubled Middle East. The Australian airline says it has redeployed capacity from its US and domestic network to take advantage of the strong interest

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MSPs not told about collapse of funding deal for Scottish nature restoration

Exclusive: Ministers accused of trying to keep investment firm’s withdrawal from partnership with NatureScot under wraps A funding deal to raise £100m from private investors for urgently needed nature restoration in Scotland has fallen through without the Scottish parliament being told. The Guardian has learned that Aberdeen, the investment firm, decided to withdraw from a partnership with the agency NatureScot to raise at least £100m for conservation projects from commercial and private investo

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‘Huge’ increase in kennelling and vet spending by police after XL bully ban

Data from 22 police forces shows spending has more than tripled since the ban came into force in 2024 Police spending on kennels and veterinary bills in England and Wales has more than tripled since the XL bully ban came into force, with some forces recording an almost 500% spending increase since the new law was enacted in 2024. Data from 22 police forces obtained via freedom of information requests showed police spending had soared from an average of £137,400 per force in 2022-23 to £423,136 i

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Frightening doorbell video of alleged home intruder

Frightening doorbell video of alleged home intruder

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Minns promises more fast-chargers and electric trucks in revamped EV policy

Premier says policy will give road users a ‘real alternative’ that’s cheaper than petrol Electric truck development and building more stations to charge them will be core pillars of a state’s revamped electric vehicle strategy designed to ease the pressure of rising fuel costs. The NSW government unveiled its 2026 EV strategy on Tuesday in an effort to give confidence to motorists hesitant about switching from their increasingly pricey petrol cars. Continue reading...