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  • Penny Wong calls for ‘stand against violence’ as Belfast rocked by riots

    Penny Wong calls for ‘stand against violence’ as Belfast rocked by riots

    Three straight days of anti-immigration unrest have rocked Belfast, Northern Ireland, leaving a trail of arson damage and drawing international condemnation from diplomatic leaders, including Australia’s top foreign affairs official.

    Masked assailants torched residential properties, civilian vehicles and a public bus during overnight violence in the region’s capital, escalating tensions that first ignited after a June 8 stabbing attack allegedly carried out by a 30-year-old Sudanese national. The unrest has unfolded against a broader backdrop of surging anti-immigration sentiment across the United Kingdom, alongside growing public support for the right-wing Reform UK party.

    Australian Foreign Minister Penny Wong, who is currently in London for scheduled bilateral talks with European political leaders, addressed the unfolding crisis during a press briefing. Reporters pressed Wong on what steps Australia would take to prevent similar violent unrest from breaking out on Australian soil.

    Wong opened her response by emphasizing a universal standard for political conduct across all nations. “First, I would make the point that all leaders need to stand against violence,” she said. “Whatever our differences of view, whatever policy discussion, whatever the argument we have about what should or shouldn’t happen, violence is never acceptable. All political leaders of all parties should always put that view. So, let’s start with that.”

    The condemnation from Australian officials has been bipartisan in nature, with center-left Labor Party Senator Raff Ciccone also speaking out against the violence early Wednesday. Appearing on Sky News, Ciccone described the footage coming out of Belfast as “horrific”, noting that the disturbing imagery greeted many Australians when they turned on their morning news.

    Ciccone extended his sympathy to the victims of the initial alleged stabbing and their family, adding that law enforcement should be allowed to carry out a full, thorough investigation into the attack. He went on to frame the unrest in Northern Ireland as part of a broader global challenge to social cohesion that many nations, including Australia, currently face.

    “Quite frankly, we’ve had a discussion in this country around the need for calm, for national unity, particularly when there are worldwide events that are occurring right now and for many months and years around social cohesion,” he said. “It’s so important, and being a centrepiece about the conversations that the government has been having for some time now. We’ve got to get down and tackle the root causes of why people decide that it’s okay to conduct these horrific attacks against one of their own and against other citizens, other people in our society. It’s not just a unique problem in Australia or in Northern Ireland. It’s unfortunate that we are seeing a lot more of these cases around the world.”

  • SpaceX on cusp of record IPO that could make Musk a trillionaire

    SpaceX on cusp of record IPO that could make Musk a trillionaire

    SpaceX is on the brink of making Wall Street history, entering its final pricing phase on Thursday ahead of a Friday trading debut that is set to become the largest initial public offering ever recorded. The groundbreaking offering not only has the potential to catapult co-founder and CEO Elon Musk to unprecedented trillionaire status, but also sets the stage for a wave of tech and artificial intelligence public debuts in the coming months.

    Founded by Musk in 2002, the aerospace and rocket firm will begin trading on the Nasdaq exchange Friday morning, with market observers across the globe closely watching to see how Wall Street absorbs the blockbuster offering that could send ripples through global financial markets. In keeping with longstanding tradition for high-profile market debuts, Musk and other SpaceX executives are scheduled to ring the Nasdaq opening bell at the exchange’s Times Square headquarters in New York to mark the occasion.

    This IPO marks the largest financial gambit of Musk’s already storied career. Earlier this year, the billionaire folded two of his other major ventures — his AI startup xAI and his social media platform X, formerly Twitter — into SpaceX, including both assets in the public offering. The company is rolling out more than 555 million shares to investors at an expected price of $135 per share, a valuation that would land SpaceX firmly among Wall Street’s most valuable elite companies with a total market capitalization of roughly $1.8 trillion.

    The final price of the offering will be confirmed during pricing sessions Thursday, and widespread speculation has emerged that SpaceX could raise its target offer price. Bloomberg reports that the offering has already drawn investor demand for more than four times the number of available shares, signaling overwhelming early interest. In a break from typical IPO structures, 30% of all available shares have been reserved for retail investors — three times the standard allocation for individual small-scale investors, giving ordinary Musk supporters the opportunity to purchase a stake in the company.

    The entire success of the historic offering hinges largely on investor confidence in Musk’s reputation as a visionary tech entrepreneur. Following the IPO, Musk will hold three of the most powerful roles at the public company: chief executive, chief technology officer, and board chair. If the IPO performs as expected, it will create thousands of new millionaires and hundreds of new billionaires among current and former SpaceX employees, as well as early investors who backed the company across its nearly 25 years of private operation.

    Even with overwhelming early demand, the offering has split opinion on Wall Street. Many analysts and investors have voiced caution over the company’s financial outlook, noting that the $1.8 trillion valuation depends almost entirely on Musk delivering on a slate of ambitious, science fiction-level goals that rely on unproven technology. These projects include developing orbital space-based data centers and establishing crewed human settlements on Mars, both of which remain far from commercial viability.

    On paper, SpaceX’s growth trajectory is staggering: the company reported $18.7 billion in revenue in 2025, but it also posted a net loss of $4.9 billion for the year, reflecting heavy ongoing investment in research and development for its next-generation projects. In its public IPO filing, SpaceX made an extraordinary long-term prediction that the company would eventually generate more than $28.5 trillion in annual revenue across its various operating markets. When it launches, the SpaceX IPO will easily surpass the 2019 Saudi Aramco public debut, which raised $29.4 billion and has held the title of the world’s largest IPO for more than six years. It also leads a wave of big tech and AI companies set to go public, with both OpenAI and Anthropic having already filed regulatory paperwork for their own market debuts expected to follow SpaceX.

  • ‘We love these weeks’: Why Trent Robinson isn’t worried about his missing Origin stars

    ‘We love these weeks’: Why Trent Robinson isn’t worried about his missing Origin stars

    As the NRL’s round of State of Origin-enforced squad reshuffles kicks off, the Sydney Roosters are preparing to face the Dolphins at Brisbane’s Suncorp Stadium on Friday night with a drastically altered lineup—seven of their top first-grade stars are sidelined for the clash, but head coach Trent Robinson says the mass absences have created a golden opportunity for rising talent to prove their worth at the top level.

    Both sides are navigating significant Origin-related disruptions. The Dolphins will also be without five of their Queensland Maroons representatives for the match, but they have received a timely boost: playmaker Isaiya Katoa has been released from New South Wales Origin camp to suit up for the club on Friday. For the Roosters, the absentees read like a who’s who of regular matchwinners: captain and fullback James Tedesco, Lindsay Collins, Mark Nawaqanitawase, Reece Robson, Robert Toia, Sam Walker and Victor Radley will all watch from the sidelines, with Nawaqanitawase in line to make his senior State of Origin debut for the Blues.

    One of the most anticipated inclusions in the Roosters’ extended squad is 19-year-old prospect Rex Bassingthwaighte, a Dubbo native recently named to the NSW Under-19s side who has long been tagged as the club’s future long-term fullback. Speaking to reporters ahead of the game, Robinson said the young talent has earned his first call-up to a top-grade bench spot after turning heads in junior and reserve competitions. “Rex has come down from Dubbo and been on our radar for a while,” Robinson said. “He’s got a free spirit about him, but he’s also really gone after moments through the junior grades. We saw that in the SG Ball, we’ve seen that in reserve grade, so it was good to put him on that the bench, and I’m looking forward to see if he gets that opportunity. You can see when someone’s going to be a first-grader, and it’s time to give some of those guys an opportunity.”

    While the roster is far from the Roosters’ full-strength starting side, the club still retains elite experience with key playmaker Daly Cherry-Evans, forward Angus Crichton, backrower Naufahu Whyte and other established first-graders suiting up. This match also marks the Roosters’ sixth consecutive clash against non-NSW-based opposition, a stretch that has forced the club to dig deep into its 38-player full-time squad. For Robinson, the forced rotation is a positive outcome for the club’s long-term depth. “The guys that you’ll see play, they’ve been in our squad, they train every day,” Robinson said. “We train with about 38 players, and we’re a really close crew. And some of those players that don’t get to play as often get to play tomorrow, and that’s a great thing for a club. We love these weeks. The possibility is really high, and you want to see someone take that opportunity that they’re going to get. But then it’s also for the other guys that play each week to shoulder the load and say, ‘OK, follow me’. It creates a really good environment for footy this weekend, and it’s some of the most enjoyable weeks of the year.”

    Two players in particular are gearing up for highly anticipated returns to their preferred positions, starting with halfback Hugo Savala. With regular starting half Sam Walker sidelined for Origin, Savala will step into the halves to partner Cherry-Evans, the man he is widely expected to replace long-term. Savala has turned in strong performances at left centre throughout the 2024 season, but the playmaker made his name as a five-eighth in his breakout rookie campaign, and Robinson said the shift back to his natural position has injected extra energy into the young gun. “I think it’s hard to see energy grow from somebody whose energy is so high already. But it’s a great opportunity for him,” Robinson said. “He’s excited about getting back into the halves and playing his role, and so are we.”

    For Cody Ramsey, the opportunity to start at fullback is even more meaningful, coming nearly two years after he last started in the role at NRL level and 12 months after he returned from a career-threatening battle with ulcerative colitis. Ramsey, who joined the Roosters after leaving the St George Illawarra Dragons, has played four NRL games since his comeback, filling in on the wing admirably while Nawaqanitawase and Daniel Tupou recovered from injury. Now he will step into the fullback role to cover Tedesco’s Origin absence, a position he calls his own. “I think it was really beneficial to have him play on the wing,” Robinson explained. “It’s not great having Mark and ‘Toops’ out, but to be able to have Cody come in and play (was great) knowing that if Ted did get in Origin that he was going to play that fullback role. So having him on the wing, getting him comfortable on the field again in NRL, and then coming back into fullback, he’s been driven this week.”

    For the Dolphins, a win on Friday would see them jump over the injury-hit Roosters into the top eight of the NRL premiership, putting them in strong position to secure a first finals berth since entering the competition. For the Roosters, the opportunity to pull off an upset with a young, inexperienced side has the club embracing the challenge ahead of kickoff.

  • Haiti forced to change World Cup kit over war imagery

    Haiti forced to change World Cup kit over war imagery

    Just days ahead of their opening 2023 Women’s World Cup Group C clash against Scotland, Haiti has been required to alter its official team kit after global governing body FIFA ruled out a design feature honoring a pivotal moment in the nation’s fight for independence. The original kit, produced by Colombian apparel manufacturer Saeta, included a subtle illustration of the 1803 Battle of Vertieres — the conflict that ultimately secured Haiti’s sovereignty from colonial rule — paired with the country’s national flag. Haitian players wore the original design in two warm-up friendly matches held in Florida earlier this month, triggering a review by FIFA’s equipment compliance team.

    In an official statement shared to Instagram Wednesday, Saeta clarified the original creative intent behind the controversial design, emphasizing it was never meant to carry a political message. “The final design we presented was crafted as a tribute to all the Haitian men and women who work every day to build a better future for their country,” the statement read. “Throughout the standard regulatory review process, FIFA concluded that specific visual elements in the design could be interpreted in a way that violates their equipment guidelines, and formally requested adjustments to the kit. While FIFA’s interpretation does not align with our original, non-political intent, Saeta respects the governing body’s processes and has fully implemented the required modifications to meet their final specifications.”

    The kit revision comes as Haiti prepares to make its long-awaited return to the World Cup stage, kicking off its campaign against Scotland in Boston on Saturday. This is only the second time in the nation’s history that it has qualified for the tournament, ending a 52-year drought since its last World Cup appearance. Ranked 83rd in the global FIFA rankings, the underdog Caribbean side faces a daunting group stage challenge: after facing Scotland, it will go up against five-time tournament champion Brazil and current African title holder Morocco.

    Haiti’s historic qualification has already been hailed as one of the most uplifting underdog stories of this year’s tournament. The team overcame extraordinary off-pitch obstacles to secure their spot, amid widespread gang violence and political instability that has plunged the impoverished Caribbean nation into chaos. The ongoing unrest made it impossible for the team to host any of its qualifying matches on home soil, forcing the side to play all home fixtures in neutral territories. Despite these crippling challenges, the squad pulled off one of the biggest upsets of the qualifying process to book their place in the 32-team tournament.

    For Haitian midfielder and team star Jean-Ricner Bellegarde, the World Cup berth offers a chance to reshape global perceptions of his crisis-stricken homeland. “We know many people around the world have a negative image of our country, that they only see all the problems we face,” Bellegarde told AFP in an interview. “But just being here, competing on this stage, will bring so much good for our country, our people, and our families.”

  • Climate change-fuelled storm decimated world’s rarest great ape: study

    Climate change-fuelled storm decimated world’s rarest great ape: study

    A single extreme weather event amplified by human-caused climate change has delivered a catastrophic blow to the world’s rarest great ape species, new research has confirmed, leaving fewer than 800 Tapanuli orangutans surviving in the wild. According to a study published Wednesday in the peer-reviewed academic journal Current Biology, last November’s Cyclone Senjaya triggered widespread mudslides and flash flooding across Indonesia’s Sumatra island that killed an estimated 58 Tapanuli orangutans. This toll accounts for roughly 7% of the species’ entire remaining wild population, and 11% of the apes that live in the affected Batang Toru Ecosystem – the only protected habitat the species still occupies. The broader flooding event killed more than 1,000 human residents across the region as well.

    Only formally recognized as a distinct species by the scientific community in 2017, Tapanuli orangutans are already one of the most vulnerable large mammals on Earth. The entire wild population is confined to a small, fragmented stretch of highland forest in northern Sumatra, after decades of human development pushed them out of their preferred lowland habitats. Conservation scientists have warned for years that overlapping threats of industrial encroachment and climate-driven extreme weather could push the species to extinction in just a few decades.

    To reach their population loss estimates, researchers from the University of Indonesia and conservation initiative Borneo Futures cross-referenced satellite imagery of landslide damage in Batang Toru with existing maps that track Tapanuli orangutan population density across the ecosystem. Their analysis found that roughly 8,300 hectares of critical forest habitat – more than 11% of the ecosystem’s total forest area – was destroyed or severely damaged by the cyclone-triggered landslides. In addition to the 58 confirmed or projected orangutan deaths, the storm wiped out critical food sources and shelter that the remaining apes depend on for survival.

    “This level of loss is substantial for a species with such a small total population,” explained Erik Meijaard, chief scientist at Borneo Futures. “For a population already on the brink, losing one out of every 14 individuals to a single weather event is a devastating blow that the species cannot absorb repeatedly.”

    Jatna Supriatna, lead researcher from the University of Indonesia, emphasized that the mass mortality event was directly tied to rising global temperatures that have increased the frequency and intensity of extreme tropical cyclones in the region. “The loss of an estimated 58 Tapanuli orangutans to a single climate-induced landslide event is a devastating demographic shock to the world’s rarest great ape,” he said.

    Conservation groups have campaigned for decades to stop planned industrial development in the Batang Toru Ecosystem, including a large proposed hydroelectric dam and ongoing illegal gold mining operations that have already fragmented the apes’ remaining habitat. Data from conservation advocacy group Mighty Earth, released earlier this year, underscores the growing risk: Sumatra lost more than 4.4 million hectares of forest between 2001 and 2024 – an area larger than the entire country of Switzerland – and widespread deforestation has left the island’s hilly landscapes far more vulnerable to catastrophic climate-driven landslides.

    To avoid what would be the first extinction of a great ape species in modern history, Supriatna said, both Indonesian authorities and global stakeholders must take urgent action. “Indonesia must permanently protect the Batang Toru ecosystem from further industrial encroachment,” he said. “But our international partners must also meet their global commitments by providing immediate biodiversity-recovery financing to support habitat restoration and protection efforts.”

  • Cape Town becomes first African World Marathon Major

    Cape Town becomes first African World Marathon Major

    In a landmark announcement that reshapes the global landscape of elite long-distance running, the Abbott World Marathon Majors series confirmed Wednesday that Cape Town Marathon has joined its prestigious roster, marking the first African-hosted race to earn a spot in the sport’s most exclusive circuit.

    Cape Town now takes its place alongside seven of the most iconic marathons on the planet: London, New York City, Boston, Chicago, Berlin, Sydney, and Tokyo. The addition brings a distinctly African cultural and geographic identity to the elite series, which has long been centered in North America, Europe, Asia, and Oceania.

    Dawna Stone, chief executive of Abbott World Marathon Majors, emphasized the transformative impact of the inclusion, noting that Cape Town’s one-of-a-kind cultural heritage, warm community hospitality, and breathtaking natural setting will add an entirely new dimension to the elite circuit. “I know runners in Africa and across the world will have a phenomenal experience at this race,” Stone added.

    The Cape Town Marathon has already built a reputation for attracting world-class elite competition. This year’s May edition, for example, drew 41-year-old double Olympic gold medalist Eliud Kipchoge, who made his first-ever marathon start on African soil, finishing 16th with a time of 2:13:29. The race was ultimately won by Ethiopia’s Mohamed Esa, who set a new course record of 2:04:55 — the fastest marathon time ever recorded across the African continent. Esa’s compatriot Yihunilign Adane took second place just four seconds behind at 2:04:59, while Kenya’s Kalipus Lomwai rounded out the podium in 2:05:06. All three top finishers ran new personal best times in the event.

    Cape Town Mayor Geordin Hill-Lewis celebrated the Majors inclusion as the payoff for years of coordinated effort to grow the race and meet the series’ strict standards. “It follows many years of hard work to secure inclusion in the Majors,” he said of the milestone decision.

    Beyond its impact on global running, organizers project that the new Major status will deliver a substantial economic boost to the Cape Town region, with an estimated $49 million in additional visitor spending on travel, accommodation, and dining expected to flow into the local economy.

    Looking ahead, the first edition of the Cape Town Marathon as an official World Major is scheduled for May 23, 2027. It is worth noting that the 2025 edition of the race was ultimately canceled over safety concerns, after unseasonably high winds created unsafe conditions for competing runners.

  • Macron says trust in France institutions ‘at stake’ after girl’s killing

    Macron says trust in France institutions ‘at stake’ after girl’s killing

    A brutal suspected murder of an 11-year-old girl in southwestern France has ignited nationwide fury, after systemic failures in the country’s child protection and justice systems allowed an alleged offender with a history of past accusations to remain free to strike. President Emmanuel Macron has acknowledged that public faith in France’s state institutions now hangs in the balance in the wake of the tragedy.

    The victim, identified only as Lyhanna, went missing from her home in the town of Fleurance on May 29, and her body was recovered by authorities one week later. The primary suspect in the case is 41-year-old Jerome B., a former school worker and father of one of Lyhanna’s classmates, who had previously been accused twice of raping a child. Both prior investigations were either closed without resolution or stalled indefinitely, long before Lyhanna’s disappearance.

    Addressing a weekly cabinet meeting on Wednesday, Macron stressed that the crisis extends far beyond the killing itself. Speaking to reporters after the meeting, government spokeswoman Maud Bregeon relayed Macron’s assessment that “it is trust in our institutions that is at stake.” While acknowledging the widespread public anger over the mishandling of prior allegations against the suspect, Macron called for measured response to the tragedy, noting that “We do not respond to a tragedy with shouting.” He added that investigators must now untangle what went wrong: “We must now understand what falls under individual responsibilities and what concerns systemic lapses within all the public services involved.”

    Public outrage boiled over on Monday, when an estimated 60,000 people joined silent marches and protests across the country. Many demonstrators called for the resignation of Justice Minister Gerald Darmanin, who has refused to step down but issued a public apology for what he admitted was a “huge failure” in Lyhanna’s case. As of Wednesday, authorities have not yet released results of the forensic examination of Lyhanna’s body, and the suspect has only been formally charged with abduction, pending further investigation. Lyhanna’s funeral is scheduled for Friday afternoon, and will be held in private per her family’s request, according to the family’s legal representative.

    The case has already shed new light on the deep, long-running flaws in France’s handling of child sexual assault allegations. Nine months before Lyhanna went missing, another mother filed a formal complaint against Jerome B., accusing him of repeatedly raping her 10-year-old daughter between September 2023 and May 2024. The accusation was supported by a formal medical report, but law enforcement never questioned the suspect before Lyhanna’s disappearance.

    Speaking to reporters on Tuesday, the accuser — who requested anonymity to protect her daughter — slammed the justice system for its inaction. “The justice system did not do its job,” she said. “I called every Monday morning, while my daughter was with the psychologist. I called the police. The last time I rang them, they told me that if I kept harassing them, they would press charges against me.”

    Independent and government data backs up claims of systemic failure. According to France’s independent commission on child sexual violence, CIIVISE, only 7% of reported complaints of child sexual assault in France result in a criminal conviction. A 2022 government report previously flagged chronic understaffing and limited time allocated to child abuse investigations, and data published by investigative outlet Mediapart this week revealed that 70% of cases end with no additional evidence collection — such as phone record pulls, security camera review or digital device searches — after investigators interview the suspect.

    Prime Minister Sebastien Lecornu told the French Senate on Wednesday that the specific investigation into the prior accusations against Jerome B. did not suffer from a lack of resources, but he conceded that the broader justice system does face widespread resourcing gaps. “But that does not mean the justice system does not have a resources issue,” he added.

    Lyhanna’s death is far from an isolated incident, and is the latest in a string of high-profile child protection failures that have shaken France in recent years. In Paris, dozens of kindergarten and primary school monitors have been suspended this year over allegations of sexual abuse against pupils in their care; Paris Mayor Anne Hidalgo confirmed Tuesday that 52 staff have been suspended so far in 2025 over suspected “sexual or sexist abuse.” In 2024, a French court sentenced a retired surgeon to 20 years in prison after he confessed to sexually assaulting or raping 299 child patients over a 25-year period between 1989 and 2014 — he continued practicing for decades even after a prior conviction for possessing child sexual abuse imagery.

    CIIVISE estimates that roughly 160,000 children experience rape or sexual assault in France every year, the vast majority at the hands of a family member or someone known to the victim. Following Lyhanna’s killing, thousands of French residents joined a silent march Tuesday in Saint-Jean d’Angely, where Lyhanna’s grandparents joined the crowd to call for sweeping reform to France’s child protection laws.

  • “I love the inflation”: Trump comment on latest price jump sparks backlash

    “I love the inflation”: Trump comment on latest price jump sparks backlash

    A controversial offhand remark from U.S. President Donald Trump has thrown the nation’s ongoing inflation crisis into the center of the 2026 midterm election campaign, after the commander-in-chief openly embraced the latest three-year high in consumer price growth driven by his administration’s war with Iran.

    Speaking to reporters Wednesday, Trump downplayed widespread alarm over the May inflation reading, which clocked in at 4.2% year-over-year — up from 3.8% in April and the highest recorded since early 2023. “The numbers were great… I love the inflation,” the president stated, a line that Democratic opponents immediately seized on as proof the Trump administration is disconnected from the financial strain facing working American households.

    The sharp uptick in inflation traces directly to the February U.S.-led military campaign against Iran, which triggered a near-total closure of the Strait of Hormuz by Tehran. Approximately one-fifth of the world’s daily oil and gas supplies pass through this critical chokepoint, and its closure sent global energy costs soaring. In May alone, national energy prices jumped 23.5% year-over-year, with retail gasoline surging 40.5%. Grocery costs added to the strain, rising 2.7% annually, with additional hikes hitting medical care, air travel, personal care and recreational services.

    Trump has pushed back against criticism, repeating his prediction that inflation will “come down like a rock” once the Iran conflict concludes. But independent economists have widely rejected that timeline, noting that oil markets will take months to stabilize even if a ceasefire is reached in the near term.

    Partisan fighting over the remark intensified rapidly in the hours after Trump’s comment. House Speaker Mike Johnson, a Republican, defended the president, arguing his words had been taken out of context. But Senate Democratic Minority Leader Chuck Schumer rejected that framing, posting on X that “Trump really said, ‘I love the inflation.’ On camera. For all of America to hear. His contempt for you knows no bounds.” The Democratic National Committee also released a new campaign ad featuring the full clip of Trump’s remark, framing it as an open admission of the administration’s disregard for household budgets.

    Long-running inflationary pressures have built in the U.S. economy for years, persisting long after the COVID-19 pandemic. Multiple overlapping shocks have kept prices elevated, including the Russian invasion of Ukraine, Trump’s trade tariffs, and now the Iran conflict. Still, some analysts see early signs that inflation may have hit its peak. Kathy Bostjancic, chief economist at Nationwide, noted that retail gasoline prices have stabilized in recent weeks. She projects that inflation will trend downward in the second half of 2026, provided the Strait of Hormuz is reopened quickly through a diplomatic resolution to the Iran conflict. Core inflation, which strips out the volatile food and energy sectors, only ticked up 0.1% to 2.9% in May, and EY-Parthenon chief economist Gregory Daco added that “there appears to be little passthrough of higher energy cost onto core inflation, outside of airfare.”

    The inflation surge has also created major uncertainty for the U.S. Federal Reserve, which holds a key policy meeting next week. The gathering will be the first for new Fed Chair Kevin Warsh, who was nominated by Trump and has faced sustained public pressure from the president to cut interest rates to boost economic growth.

    But the higher inflation reading has upended earlier market expectations. Before the Iran war, investors anticipated the Fed would begin cutting rates later this year, as inflation driven by Trump’s tariffs was expected to cool. Now, markets expect rates to hold steady next week, and are pricing in potential rate hikes later in the year — a shift that has rattled equity investors. Multiple Fed policymakers have publicly voiced growing concern over persistent inflation, which the central bank traditionally counters by raising borrowing costs. “The Fed will be in no position to cut rates if this continues,” explained Chris Zaccarelli, chief investment officer for Northlight Asset Management.

  • ‘We have to do better’: Trent Robinson’s powerful response to Kane Evans’ announcement

    ‘We have to do better’: Trent Robinson’s powerful response to Kane Evans’ announcement

    When former National Rugby League (NRL) player Kane Evans opened up about coming out as gay in a raw, vulnerable public interview this week, the praise quickly rolled in for Sydney Roosters head coach Trent Robinson, who has supported Evans through his years of inner turmoil. But the veteran coach has rejected the accolades, instead using the moment to challenge the sport to confront an uncomfortable truth: men’s rugby league still has not created a safe, inclusive environment where current players can be open about their sexuality.\n\nEvans, who spent six seasons with the Roosters before moving to other clubs, shared his decades-long struggle with denial in a primetime interview on the football program *100% Footy* on Monday night. The 31-year-old revealed that hiding his identity had left him suicidal, describing the crippling mental toll of staying in the closet throughout his professional playing career. He is only the second professional men’s rugby league player to ever come out as gay.\n\nWhile Robinson has stepped up to support Evans post-retirement — covering four weeks of his rent and paying for his mental health care alongside the Roosters organization — the coach made clear Thursday that this private support is not enough. Speaking to reporters, he questioned why Evans never felt safe enough to share his identity during his six years playing at the club.\n\n“I’m really proud of the club, but we still had a guy here for six years that didn’t feel open enough to say that he was gay while he was here,” Robinson said. “There’s a lot of positivity coming towards Kane, and then even towards us, but we’re still not at a place where somebody can come out while they’re playing. The reflection for me has been that we do things to support our players and former players, and we try and do our best, but have we got the complete right environment? I think we can be better.”\n\nRobinson pointed to a stark gap between public perception and lived reality within the sport, noting that statistical logic makes it clear there are far more LGBTQ+ players currently competing in men’s NRL who remain closeted. While women’s rugby league has seen far more openness around sexuality, the same has not held true for the men’s game, a divide Robinson says demands urgent reflection.\n\n“I’ve tried to reflect on why he didn’t feel comfortable at the time. And some of that’s personal with Kane, but some of that’s the environment we create,” he said. “And we need to create an environment where somebody can be themselves, where they know that they’re going to be accepted, that the language we use in clubs is in the right way, and the way that we casually reference each other is in the right way.”\n\nHis call for change has been echoed by other leading figures across the league. South Sydney Rabbitohs captain Cameron Murray, currently in camp with the New South Wales Blues State of Origin side, offered unwavering support to Evans, praising his courage in speaking out and hoping his story will pave the way for other closeted players.\n\n“That would have been a really hard thing to do, and I think he’s been pretty vocal and open about his mental health struggles and what he’s had to go through,” Murray said. “Someone like me, I could never understand what he’s gone through, but he’s got all my respect. I think there’s a lot of chatter about the statistics of the NRL and how that doesn’t really marry up with the statistics of the general public (with the number of gay men). Hopefully, he can be a role model and a leader for anyone else in that position and he gives somebody else the confidence to feel a little bit more confident in who they are and to accept who they are.”\n\nEvans’ announcement comes as NRL clubs have increasingly prioritized mental health outreach, rolling out new initiatives to encourage players to open up about personal struggles. But Robinson warned that the sport has not yet done enough, pointing to stubbornly high suicide rates among people hiding core parts of their identity as proof that incremental change is insufficient.\n\n“We’re heading in the right direction, but suicide rates are still very, very high because they don’t feel comfortable enough,” Robinson said. “We are better, we are doing things, we are saying things, but are we creating that environment where anybody – it doesn’t matter whether it’s being gay, having a religious belief, political belief – is our place safe enough and comfortable enough where we look after everybody and then we play tough footy on the back of it? That’s our role.”\n\nRobinson emphasized that he does not expect overnight change, but he hopes Evans’ bravery will spark a collective reckoning across the sport. He rejected any suggestion that the current system should be celebrated for supporting Evans after he came out post-retirement, arguing the goal should be to create a space where players never have to suffer in silence in the first place.\n\n“I think we should take it that we saw a really strong man do something that others haven’t felt comfortable to do, and hopefully that leads to other people feeling comfortable,” he said. “But we have to do better. We can do better than what we’re doing, and we’ll strive to do that.”’

  • French pop icon Bruel charged with rape, sexual assault

    French pop icon Bruel charged with rape, sexual assault

    One of France’s most recognizable entertainment figures, 67-year-old pop star and actor Patrick Bruel, has been formally charged with rape, attempted rape, sexual assault, and sexual harassment following dozens of allegations from women spanning nearly three decades. The charges, confirmed by a judge in the Paris suburb of Nanterre, mark one of the highest-profile #MeToo cases to hit France’s entertainment industry in recent years, following the 2023 conviction of screen legend Gerard Depardieu for sexual assault.

    Bruel, who has denied all allegations of wrongdoing, spent 48 hours in police custody for questioning earlier this week after being taken into custody on Monday. The Nanterre prosecutor’s office confirmed that the current charges relate to nine alleged victims, with incidents occurring between 2010 and 2019. An additional 13 complaints, alleging offenses between 1992 and 2008, have been added to the case file handed over to investigating magistrates, even though prosecutors note these claims appear to be beyond the statute of limitations at this stage. Prosecutors have formally requested that Bruel be placed in pre-trial detention as the investigation proceeds.

    A defining cultural figure in France since the 1990s, when his chart-topping albums and teen heartthrob status sparked a national cultural phenomenon dubbed “Bruelmania,” the star has long maintained his innocence. Last month, in a public Instagram post addressing early allegations, Bruel stated he had “never forced a woman,” and announced he would cancel all scheduled concerts through September to focus on clearing his name. In a statement released Monday, his legal team reaffirmed that he would cooperate fully with investigators, saying he would “provide all the elements necessary to demonstrate his innocence.” Beyond his music and acting career, Bruel is also a former world poker champion, having claimed the title in 1998.

    The list of accusers includes multiple high-profile figures from France’s cultural and media sectors. Daniela Elstner, current director of Unifrance — the organization tasked with promoting French cinema internationally — filed a formal allegation in March claiming Bruel attempted to rape her in 1997, when she was a 26-year-old intern at a film festival in Mexico. Following Wednesday’s charging announcement, Elstner’s lawyer Jade Dousselin called the development “a real first legal victory for the victims.”

    Since Bruel’s initial detention on Monday, multiple new accusations have emerged. Attorney Myriam Guedj Benayoun confirmed Tuesday that a new complaint will be filed shortly, alleging Bruel attempted to rape a 19-year-old woman at his private residence in 2000. Another legal representative, Corinne Herrmann, confirmed two additional rape complaints were filed on May 27 and June 3. Investigative outlet Mediapart identified the two new accusers as a former beauty queen, who alleges Bruel raped her in 2008, and a physiotherapist who claims the assault occurred in 2000.

    French television host Flavie Flament, who publicly accused Bruel of raping her in 1991 when she was a minor, also spoke out this week. While Flament noted her allegation is not part of the current investigation due to timing, she criticized France’s slow-moving judicial system for the delay in addressing the claims. “Three weeks after my complaint was made public, Patrick Bruel is in police custody,” Flament told Agence France-Presse Monday. “What is truly outrageous is that before me, there were women who for months — for years — tried to make themselves heard, and it took the media coverage of my complaint for things to move forward.”

    At the peak of his fame, Bruel cultivated a public persona as a charming, desirable heartthrob, with his face gracing the covers of countless teen magazines across France in the early 1990s. Enthralled fans regularly gathered outside locations he was known to frequent in Paris, cementing his status as a national masculine ideal during the height of “Bruelmania.” In a 2000 television interview, Bruel leaned into this public image, commenting: “I’m easy to seduce, but not easy to keep.”