Costco Announces Major Australian Expansion with Plan for 20 New Stores
Costco unveils a five-year plan to open 20 new warehouse stores across Australia, with site searches currently active in cities like Geelong and Hobart.
Daily Politics Desk
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Articles by Daily Politics Desk
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Alphabet Resets AI Spending Bar with Massive $185 Billion Infrastructure Plan
• BusinessRead article →Alphabet unveils plans for a massive $185 billion AI infrastructure investment, resetting industry expectations but causing investor concerns about short-term costs and margins.
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Bank of England Holds Interest Rates Steady Amid Stubborn UK Inflation
• BusinessRead article →The Bank of England holds UK interest rates steady as inflation stays persistently above its 2% target, continuing to pressure mortgages and household finances.
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Peter Mandelson Resigns Amid Epstein Links Scrutiny and Criminal Probe
• PoliticsRead article →Labour peer Peter Mandelson resigns from the House of Lords and quits the party amid a criminal probe over alleged links to Jeffrey Epstein, triggering a major political crisis.
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Nationwide Building Society Update on Savings, Branch Access, and Merger Benefits
• BusinessRead article →Nationwide Building Society announces changes to savings and services following its Virgin Money merger. Updates include a 6.5% savings account, branch access until 2030, and reinvestment for customer value.
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AMD Beats Q4 Earnings Expectations But Stock Falls on Cautious Outlook
• BusinessRead article →AMD exceeds Q4 revenue and earnings forecasts and provides a higher-than-expected outlook for Q1. Despite this, shares fall as investor enthusiasm for its AI growth slows.
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Uber Stock Falls Despite Q4 Revenue Beat as Outlook and Margins Weigh on Investors
• BusinessRead article →Uber surpasses Q4 revenue forecasts but falls short of earnings estimates, causing shares to decline. Cautious guidance and concerns over margins overshadow the results, despite advancements in robotaxi expansion.
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Major London Rail Disruption Sparks "Do Not Travel" Warnings After Derailment and Signalling Failures
• BreakingRead article →Severe rail disruption across south-east England with multiple incidents causing major delays. Passengers are advised not to travel as services are suspended and emergency repairs are underway.
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Anthropic AI Shock Triggers Global Tech Stock Plunge as AI Disruption Hits Software Industry
• BusinessRead article →Anthropic's new AI tool triggers a worldwide sell-off, erasing billions from software and legal tech stocks. Investor panic intensifies over AI automation endangering traditional IT and outsourcing business models globally.
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China Orders Removal of US and Israeli Cybersecurity Software Citing National Security
• TechnologyRead article →China has banned major cybersecurity firms like Palo Alto Networks and Fortinet, citing intelligence links. Companies and agencies must remove the software by a June deadline.
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US Treasury Secretary Admits Sanctions Deliberately Crippled Iran’s Economy, Fuelling Protests
• OpinionRead article →On "The Jimmy Dore Show," analysis of Treasury Secretary Scott Bessent's admission reveals US "maximum pressure" sanctions collapsed Iran's currency and economy, directly triggering civil unrest.
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No Winners in US Attack on Iran: Trump Warned of Global and Economic Fallout
• OpinionRead article →In a "Deep Dive" interview, Col Douglas Macgregor warns a US attack on Iran would trigger severe retaliation, global economic fragmentation, and lasting instability with no clear winners.
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Qantas Sells Jetstar Japan Stake, Exiting Asian Low-Cost Airline Market
• BusinessRead article →Qantas is selling its 47.5% stake in Jetstar Japan to partner Japan Airlines, marking its exit from the Asian low-cost aviation market and a major strategic refocus.
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Peter Thiel Portfolio Shift: Reducing Nvidia Stake for Apple and Microsoft
• BusinessRead article →Recent portfolio filings show Peter Thiel has substantially reduced his holdings in Nvidia while increasing stakes in Apple and Microsoft, marking a significant tech investment reallocation.
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Ethereum Plunges Over 10% in Heavy Sell-Off Amid $3 Billion in Mass Liquidations
• BusinessRead article →Ethereum's price plunges sharply as a wave of forced selling by overleveraged traders causes billions in liquidations throughout the crypto market.
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RBA Faces Critical Rate Hike Decision Amid Intense Scrutiny Over Inflation Fight
• EconomyRead article →The Reserve Bank of Australia is under growing pressure to raise interest rates again as critics argue its delayed actions have failed to tame inflation.
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Gold and Silver Prices Slump Amid Fed Policy Shift and Chinese Speculative Pullback
• EconomyRead article →Precious metals see a sharp sell-off as markets digest a likely hawkish Fed chair nominee and a potential overextension by Chinese retail speculators.
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Israel to Terminate Doctors Without Borders (MSF) Operations in Gaza Over Staff List Dispute
• WorldRead article →Israel will ban Doctors Without Borders from Gaza after the medical charity refused to provide a list of its Palestinian staff, citing security concerns.
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No accountability for COVID, claims Jeffrey Sachs amid US government cover-up allegations
• OpinionRead article →Economist Jeffrey Sachs alleges a COVID lab leak and US government cover-up, arguing investigations were blocked and accountability avoided, in a contentious interview.
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Green Party's Zack Polanski Pushes Drug Legalisation, Clashes with Labour in PMQs
• PoliticsRead article →Green Party deputy leader Zack Polanski challenges the government on drug policy, advocating for legalisation and a public health approach to addiction.
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Kevin Warsh as Trump's Potential Fed Chair Pick: What It Means for Interest Rates and Markets
• EconomyRead article →The potential appointment of Kevin Warsh to head the Federal Reserve is a crucial economic decision that could alter policies on inflation, interest rates, and financial markets.
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Claims Emerge That ICE and Border Patrol Are Using Meta AI Glasses for Surveillance and Facial Recognition
• OpinionRead article →Allegations suggest federal agents are wearing Meta's AI smart glasses to photograph and identify protesters during operations, raising civil liberties concerns.
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Ex-CIA Analyst Explains Why Trump Cancelled Planned Iran Military Strikes
• OpinionRead article →A former CIA officer analyzes how Iran’s internal resilience and global power backing shifted U.S. calculations on the risk of a military strike.
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Iran Faces an Existential Threat as U.S. Escalation Gathers Pace
• OpinionRead article →Heightened U.S.–Iran tensions escalate warnings of a direct conflict, as analysts suggest Washington's pursuit of regime change could spark a broader war.
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Starmer’s China diplomacy underscores UK balancing act amid Trump-driven global tensions
• PoliticsRead article →As global tensions rise, Keir Starmer’s engagement with China highlights Britain’s effort to manage the US–China rivalry while protecting stability and trade.
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Former US Intelligence Officer Warns of Imminent US Attack on Iran
• OpinionRead article →In a video clip, ex-UN inspector Scott Ritter analyses US military deployments, warning that an attack on Iran would fail and trigger catastrophic regional and global consequences.
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Jeffrey Sachs Warns of US-Israel "Hybrid War" and Risk of Attack on Iran
• WorldRead article →In an interview on IranTalks, economist Jeffrey Sachs states US-Israel efforts to destabilise Iran through sanctions and unrest amount to illegal "hybrid warfare."
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EU Formally Designates Iran’s Revolutionary Guards a Terrorist Organisation, Escalating Tensions
• WorldRead article →The European Union formally designates Iran's Revolutionary Guards a terrorist organisation, prompting immediate warnings of retaliation from Tehran.
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Bitcoin Falls to 2026 Low Amid Broad Market Volatility
• BusinessRead article →The price of Bitcoin fell to its lowest point this year as a broader shift away from risk assets outweighed earlier demand for alternative safe-havens like gold.
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Meta Q4 Earnings Beat Expectations as Ad Revenue Rebounds Despite AI Investment
• TechnologyRead article →Meta posted strong Q4 earnings driven by a rebound in advertising sales, but its results were tempered by heavy spending on AI and persistent losses in its metaverse division.
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Microsoft Q2 Earnings Beat Expectations as AI and Cloud Demand Drive Growth
• TechnologyRead article →Microsoft reported strong Q2 earnings, beating Wall Street forecasts with significant revenue growth from its Azure cloud platform and AI products. Its stock rose following the report.
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China Visa-Free Entry for UK Citizens Marks New Step in UK–China Travel Relations
• WorldRead article →China has announced visa-free entry for UK citizens, easing travel rules for short stays and signalling a warming phase in UK–China diplomatic ties.
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Keir Starmer’s China Visit Signals UK–China Reset as Prime Minister Meets Xi Jinping
• PoliticsRead article →Keir Starmer's China visit positions the UK as a stable global partner, as talks with Xi Jinping signal a diplomatic reset amid shifting geopolitics.
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Starlink Blackout in Iran Exposes Satellite Vulnerability, Sparks BRICS Digital Sovereignty Push
• TechnologyRead article →A reported jamming of thousands of Starlink terminals in Iran demonstrates the vulnerability of private satellite networks, accelerating a BRICS-led digital sovereignty race.
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US Sends Israel Secret Message on Attack Timing as Netanyahu Repeats Grave Warning to Iran
• WorldRead article →A secret US message outlines the timing of a possible attack on Iran as Prime Minister Netanyahu warns Iran against a "grave mistake," dramatically escalating regional tensions.
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US Dollar Plunges to Four-Year Low Amid Political Uncertainty and Market Reaction
• EconomyRead article →The US dollar has sunk to its lowest level since early 2022, marking a steep decline fueled by investor uncertainty and remarks from President Donald Trump.
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Commonwealth Bank App Suffers Major Outage, Disrupts Banking Services Nationwide
• BusinessRead article →A major outage affecting the Commonwealth Bank app and NetBank left customers across Australia unable to transfer money or access accounts, highlighting digital reliance risks.
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Amazon Announces 16,000 Corporate Job Cuts in Latest AI-Driven Restructuring
• BusinessRead article →Amazon is cutting approximately 16,000 corporate roles globally in a major restructuring aimed at streamlining operations and increasing investment in artificial intelligence.
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ASML Smashes Earnings Estimates with Record Orders Amid AI Boom, Announces Job Cuts
• BusinessRead article →ASML reported record-shattering quarterly orders driven by surging AI chip demand, posting strong earnings even as it plans cost-cutting workforce reductions.
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Valve Faces £656 Million UK Class-Action Lawsuit Over Steam’s Pricing and Commissions
• BusinessRead article →Valve must face a £656 million UK class-action lawsuit alleging Steam’s 30% commission and market dominance have unfairly inflated prices for millions of gamers.
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Claims Forced TikTok Sale Driven by Israel Influence, Not China Security Concerns
• OpinionRead article →A new video analysis claims the forced sale of TikTok was motivated by a desire to curb pro-Palestinian content, not by national security concerns about China.
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Analysis: Western Media Framing of Chinese Military Anti-Corruption Investigations
• PoliticsRead article →A video commentary examines why Western outlets describe Chinese military anti-corruption probes as a "purge," arguing the term implies illegitimacy. It contrasts this with terms used for Western political reshuffles.
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Gold Hits Record High as Global Market Volatility Spurs Safe-Haven Buying
• BusinessRead article →Gold rallies to a record high as a fragile global outlook and China economic uncertainty drive intense safe-haven buying. Bullion prices extend gains sharply amid weak risk appetite.
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Massive 149 Million Password Leak Exposed, Posing Major Security Threat
• TechnologyRead article →A large collection of 149 million stolen usernames and passwords has been found unprotected online, creating a severe risk of widespread account takeover and credential stuffing attacks.
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Prof. Jiang Xueqin Predicts US Empire Collapse in 2026, Cites Iran War Risk and Military Overstretch
• OpinionRead article →In an analysis for Danny Haiphong’s YouTube channel, Prof. Jiang Xueqin argues US strategy to contain China and confront Iran is accelerating imperial overstretch and risking global conflict.
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Starmer Snubs Trump's Gaza 'Board of Peace' at Davos Over Broader Concerns
• PoliticsRead article →UK Prime Minister Keir Starmer has declined to join Trump's new "Board of Peace," a body originally for Gaza reconstruction that has expanded into a broader global initiative, citing concerns over its mandate and members like Vladimir Putin.
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China Telecom Trains AI Models Entirely on Huawei Chips, Marking Tech Self-Reliance Milestone
• TechnologyRead article →China Telecom has successfully developed advanced AI models using only domestic Huawei chips, a significant step toward technological self-sufficiency amid US export controls.
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The Truth Behind Russia and China's UN Security Council Abstentions
• OpinionRead article →Scholar Norman Finkelstein examines the UN Security Council vote, explaining why Russia and China abstained under US pressure, calling it a "black date" for international law and the UN's legitimacy.
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Mark Carney Emerges as Global Realist, Offers Lessons for Starmer Amid New Economic Era
• PoliticsRead article →Former Bank of England Governor Mark Carney is advocating for a new, pragmatic economic approach for a volatile world, urging leaders like Keir Starmer to move beyond the “failed promise” of neoliberalism.
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UK Approves China's 'Mega Embassy' in Central London Despite Security Concerns
• PoliticsRead article →The UK government has approved China's plans to build a massive new embassy in central London, a decision taken after security services assessed the risks, despite strong opposition from critics.
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China Builds "Copper Empire" to Counter US Tariffs and Wall Street Speculation
• BusinessRead article →China is establishing a strategic copper hub in Shandong to secure supply, as US tariffs fuel speculation and create shortages for manufacturers globally.
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Rising US Yields and China's Treasury Exit Spark Fear of EU's $10 Trillion Asset Sell-Off
• EconomyRead article →China accelerates US Treasury sales, reducing holdings to a 7-year low, as EU allies consider divesting from dollar assets in response to escalating geopolitical tensions.
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Amazon to Remotely Disable Fire TV Blaster Devices by End of March
• TechnologyRead article →Amazon will remotely disable its Fire TV Blaster accessory by the end of March, leaving users without its infrared remote control functionality and prompting backlash.
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Netflix Makes All-Cash Offer for Warner Bros. Discovery in Major Streaming Acquisition Move
• BusinessRead article →Netflix's all-cash acquisition offer for Warner Bros. Discovery could redefine the streaming wars, as the company also reports strong advertising revenue growth ahead of earnings.
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Yulia Tymoshenko Released on $760,000 Bail in High-Profile Corruption Case
• PoliticsRead article →A Kyiv court orders former Ukrainian Prime Minister Yulia Tymoshenko to post $760,000 bail on bribery charges, which she dismisses as politically motivated ahead of elections.
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Trump Tariff Threat Rattles Markets as Trade Tensions Rise
• EconomyRead article →Global financial markets turn cautious after Donald Trump's renewed tariff threats, reviving fears of a trade war and adding to investor uncertainty over US economic policy.
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Trump’s Greenland Tariff Threat Triggers Coordinated Backlash from NATO Allies
• WorldRead article →Donald Trump’s threat to impose tariffs on eight European NATO allies over Greenland has drawn sharp global condemnation, raising fears of a diplomatic and trade crisis.
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Trump's Renewed Greenland Ambitions Raise Fears of Transatlantic Crisis and Global Fallout
• WorldRead article →A push by Donald Trump to take control of Greenland has alarmed NATO allies, threatening to upend Arctic sovereignty and strain the transatlantic alliance over national security claims.
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Trump Imposes Tariffs on European NATO Allies in Dispute Over Greenland Acquisition Plan
• WorldRead article →Donald Trump has announced tariffs on eight European NATO members, including Denmark, citing their opposition to his push to acquire Greenland for U.S. national security interests.
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Pompeo Comments Fuel Debate Over Israel-Gaza War Narrative and Historical Legacy
• PoliticsRead article →A debate over how history will record the Israel-Gaza war is intensifying, focusing on civilian casualties, legal accountability, and plans for Gaza's future governance.
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Yoon Suk-yeol sentenced in South Korea’s first martial law verdict
• WorldRead article →A South Korean court has sentenced former president Yoon Suk-yeol to prison, marking the country’s first verdict over martial law and a landmark moment for accountability.
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Trump escalates Greenland push with envoy visit and tariff threats
• WorldRead article →Donald Trump has intensified pressure over Greenland, appointing a US envoy and warning of tariffs, raising tensions with Denmark and sparking international concern.
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Craig Guildford’s departure raises wider concerns for UK policing leadership
• PoliticsRead article →Craig Guildford’s exit has reignited debate over political pressure on police leaders, raising concerns about independence, accountability and public trust.
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China applies to launch 200,000 satellites, sparking global alarm
• TechnologyRead article →China has proposed deploying up to 200,000 satellites into low Earth orbit, prompting international concern over security risks, congestion, and gaps in space governance.
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Hong Kong and Shenzhen push cross-border data corridor to boost AI and fintech
• TechnologyRead article →Hong Kong and Shenzhen are deepening cooperation through a secure cross-border data corridor aimed at unlocking new AI and fintech growth across the Greater Bay Area.
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US approves Nvidia H200 chip exports to China under new AI rules
• TechnologyRead article →The US has cleared Nvidia to sell its H200 AI chips to China under new export rules, easing restrictions while keeping conditions tied to national security.
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Hillary Clinton defies subpoena in Jeffrey Epstein investigation, risking contempt proceedings
• PoliticsRead article →Hillary Clinton has declined to comply with a subpoena to testify in the Jeffrey Epstein investigation, raising the prospect of contempt proceedings and legal escalation.
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Iran Minister Alleges US and Israel Orchestrated Unrest to Trigger Intervention
• WorldRead article →Iran’s foreign minister claims audio recordings, documents and confessions show US- and Israel-linked actors fuelled protest violence to raise deaths and justify intervention.