Vladimir Putin has set the clock ticking for possible defaults on about $150 billion in debt as the Russian economy slumps and its currency collapses under the pressure of sanctions, including on its foreign-currency reserves.
Petrol prices across Australia continue to rise after Russia’s invasion of Ukraine pushed crude oil prices to an eight-year high.
Spikes in fuel prices have fed into an increase in consumer expectations that inflation will rise over the next two years.
Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested A$210 million to bankroll the construction of an undersea cable link that will deliver solar generated electricity to Singapore from Down Under
The Federal Environment Minister Sussan Ley has no duty of care to protect children from the negative impacts of climate change when assessing fossil fuel projects, the Federal Court has ruled.
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