ANZ bank predicts RBA will raise cash rate to .25 per cent next week

The cash rate is set to rise for the first time since the end of a pandemic, spelling gloom for the government in the run-up to the federal election. One of the nation’s most respected economists has warned of an immediate series of rate hikes that will rise “more aggressively than initially thought likely” — … Read more

Ukrainian rape victim ordered to help Russian troops hunt for women

Russians are believed to have burned the corpses of many their victims, in turning destroying evidence of rape. “For Russians, it is a routine tactic,” Ms Pavlichenko said. “We saw them use similar tactics in Chechnya and Syria. Russians rape to destabilize civilians.” She said that Ukraine had established specialist teams for investigating rape in … Read more

How Russia’s war in Ukraine is causing economic supply chain havoc

There’s one thing Russia has that the world needs – and Putin knows it. If he pulls off his plan then it could cause a “global crisis”. Beer. bread. Microchips. Sofas. These are the telltale first signs of looming economic carnage triggered by Russian President Vladimir Putin’s war in Ukraine. Things weren’t great to start … Read more

Marine Le Pen’s party paying £10m to Russian military contractor under US sanctions

It was finalized in 2014, six months after Russia annexed Crimea in its first invasion of Ukraine. Foreign banks and companies cannot make campaign contributions under French law but they are allowed to lend money. Moscow-based Aviazapchast supplies Russian military aircraft and parts across the Middle East, Africa and Asia and refurbished planes for Syria. … Read more

French conservatives torn between ‘unbearable’ Emmanuel Macron and ‘unknown’ Marine Le Pen

The state of the Socialists, France’s other traditional party of government, is just as shambolic. Its candidate Anne Hidalgo, the mayor of Paris, finished on just 1.7 per cent. The two parties continue to run the majority of France’s towns and cities but Mr Macron’s rise to power has killed the traditional Left and Right … Read more

Why the EU’s future hinges on the French election result

The future of the European Union hangs in the balance as French voters head to the polls to elect their new president. The vote is a “referendum on Europe”, says Emmanuel Macron, who accuses his rival, Marine Le Pen, of plotting a “hidden Frexit”. A Macron victory will accelerate federalist ambitions of EU political integration, … Read more

Sanctions hit Russian economy, although Putin says otherwise

NEW YORK (AP) — Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can claim some symbolic victories, the full impact of Western sanctions is starting to be felt in very real ways. As the West moved to cut off Russia’s … Read more

India refiners skip Rosneft crude tenders on ‘biased’ terms -sources

The logo of Russia’s top crude producer Rosneft is seen on the top of a building in Stavropol, southern Russia, December 9, 2014. REUTERS/File Photo Register now for FREE unlimited access to Register NEW DELHI, April 21 (Reuters) – India’s state refiners did not submit bids in tenders issued by Russia’s top oil producer … Read more

500,000 refugees from Ukraine have mental health issues, WHO says

Ukrainian refugees fleeing Russia’s invasion of Ukraine, walk after crossing the border between Ukraine and Poland, in Kroscienko, Poland, March 22, 2022.REUTERS/Hannah McKay GENEVA, March 22 (Reuters) – About half a million refugees from Ukraine who have fled to Poland need support for mental health disorders, and 30,000 have severe mental health problems, the representative … Read more

Scientists unlock secret of how spider fossils were formed

Their soft external skeletons don’t typically preserve well — except at a few exceptional sites around the world. There is one remarkable spot in the south of France, where fossils of spiders that last spun a web 22.5 million years ago have been discovered. Scientists said they have pinpointed why so many soft-bodied creatures such … Read more