New COVID-19 variant on the rise in Australia
Australia is facing the continued emergence of new SARS-CoV-2 variants more than five years after COVID-19 was declared a pandemic.
Prime Minister Anthony Albanese is prioritising housing and cost of living as he prepares for the upcoming election. With new legislation passed, he aims to address the challenges facing Australians, including rising housing costs and inflation.
Australia's Prime Minister Anthony Albanese has shifted into election mode, aiming to regain voter trust that his government can address high living costs, particularly housing, after passing a flurry of legislation.
The 31 laws enacted during a midnight session on Thursday—including a world-first social media ban for children—have led to speculation that Albanese may call a national election before February. His centre-left Labor government, which assumed power in 2022, faces a tough race against the conservative Liberal-National coalition in an election that must take place by May 17.
Albanese’s public approval has dropped in opinion polls as households face the strain of soaring housing, energy, and food costs amid global inflation.
"We know that we have more work to do on cost of living, but we're making progress," Albanese said at a press conference on Friday. "We understand the pressure that people are under as a result of the global inflation surge." He added that the message to parents from the social media ban is: "We've got your back."
While Australian governments typically avoid election campaigns during the summer holiday from December to Jan. 26, Albanese has instructed lawmakers to begin soft campaigning.
His political standing is considered "perilous" after two years of high inflation and rising interest rates, which have increased mortgage costs, according to Mark Kenny, director of the Australian Studies Institute at the Australian National University. The central bank’s governor said on Thursday that core inflation is too high to allow for rate cuts in the near future, ruling out relief for borrowers at its next policy meeting in December.
"The government has been under extreme political pressure over the cost of living and the election will see no let-up on that," Kenny remarked. "However, Anthony Albanese ends the parliamentary year with several key wins on important pieces of legislation – most notably on social and affordable housing."
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Russian billionaire Vadim Moshkovich, founder of Rusagro, faces charges of embezzling 30 billion roubles ($357 million). His arrest is among the most high-profile in Russia’s business world in recent years.
India's government has introduced a bill proposing sweeping reforms in the management of waqf properties, allowing non-Muslim members on waqf boards and enabling the state to determine disputed land ownership, sparking concerns among Muslim groups and opposition lawmakers.
Greece plans to invest €25 billion in a sweeping multi-year defence strategy, Prime Minister Kyriakos Mitsotakis told parliament on Wednesday, marking a major step in modernising the country’s armed forces and reinforcing its strategic posture amid regional tensions and global uncertainty.
Russian Foreign Minister Sergey Lavrov met with Vietnamese Foreign Minister Bui Thanh Son in Hanoi on Wednesday, as both nations looked to deepen their strategic partnership and navigate rising global tensions through renewed diplomatic and economic cooperation.
Real Madrid coach Carlo Ancelotti is set to appear in court on Wednesday over allegations of failing to pay €1 million in taxes on image rights earnings during his first tenure at the club. Prosecutors seek a prison sentence of nearly five years and a €3.2 million fine.
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