标签: Oceania

大洋洲

  • Berlin launches scheme to swap trash for treats

    Berlin launches scheme to swap trash for treats

    Berlin has kicked off an innovative new pilot program that turns environmentally conscious actions into tangible perks for both residents and visitors, drawing inspiration from a successful trial launched earlier this year in Copenhagen. Dubbed BerlinPay, the initiative centers on encouraging sustainable behavior across the German capital, with a particular focus on cleaning up the iconic Spree River that cuts through the heart of the city and boosting sustainable water tourism. The pilot program will run through June 14, and invites participants to earn rewards by completing eco-friendly activities beyond litter collection, from planting native flowers and watering urban greenery to switching from car trips to cycling. The city’s extensive network of summer-popular lakes and waterways, a major draw for tourists each year, also stands to benefit from the scheme’s environmental goals. Deputy mayor Franziska Giffey noted that Berlin’s water tourism sector is currently experiencing strong growth and is a key contributor to the local economy, but the increasing popularity of these waterways also comes with measurable environmental costs. Speaking at Wednesday’s launch press conference, VisitBerlin CEO Sabine Wendt explained that the project aims to encourage both Berlin residents and out-of-town guests to engage with the city in a more thoughtful, environmentally aware way. To join the initiative, participants register for free through the official VisitBerlin platform, where they can choose from more than 5,000 available activity slots. Around 40 partner organizations including local businesses, cultural associations, and public museums have signed on to offer rewards for completed actions, ranging from discounted meals at local restaurants and free canoe tours on the Spree to complimentary entry to Berlin’s world-famous museum collections. The core mission of the program extends far beyond cleaning up local waterways: organizers hope to foster long-term environmental awareness among both residents and the millions of tourists who visit Berlin each year. BerlinPay is directly modeled after Copenhagen’s CopenPay program, which launched in 2024 and saw impressive early results: more than 75,000 tourists participated in the initiative’s first month, bike rentals across the city jumped 29%, and volunteers collected multiple tons of improperly discarded litter. If the Berlin pilot delivers similar positive outcomes, Giffey confirmed the city plans to make BerlinPay an annual recurring event for the capital.

  • Trump and Xi set for high-stakes talks in Beijing

    Trump and Xi set for high-stakes talks in Beijing

    Eight years after his last visit to China, U.S. President Donald Trump touched down in Beijing Wednesday evening for a two-day high-stakes leadership summit, marking the first trip by a sitting U.S. president to the Chinese capital since 2017. Welcomed with traditional ceremonial fanfare, including a red carpet greeting and 300 uniformed Chinese youth chanting welcome and waving both national flags as the U.S. leader pumped his fist descending from Air Force One, the lavish opening sets the stage for discussions on a host of thorny issues that have split the world’s two largest economies and nuclear powers.

    Trump’s traveling delegation includes some of America’s most high-profile business leaders, headlined by Nvidia CEO Jensen Huang and Tesla CEO Elon Musk — names the president has highlighted as symbols of the commercial breakthroughs he aims to secure during the meetings. On Thursday morning, Chinese leader Xi Jinping will formally greet Trump at Beijing’s opulent Great Hall of the People, followed by an official state banquet that evening. After the summit, Trump is scheduled to tour the Temple of Heaven, a centuries-old UNESCO World Heritage Site that once served as the ceremonial worship site for Chinese imperial dynasties, before holding informal talks, a tea gathering and working lunch with Xi on Friday ahead of his departure back to Washington.

    This summit was originally scheduled for March, but was delayed by the escalating conflict around Iran, a sticking point that will still top the bilateral agenda. Most of Iran’s oil exports, which are sanctioned by the United States, currently flow to China, and Trump has confirmed the two leaders will hold a lengthy discussion on the issue, even as he downplays the need for Chinese cooperation on Washington’s policy toward Tehran.

    Trade tensions, the longest-running source of friction between the two nations, will also be a core focus of the talks. Following Trump’s 2017 visit, the U.S. rolled out sweeping tariffs on hundreds of billions of dollars worth of Chinese goods, triggering a tit-for-tat trade war that saw retaliatory levies push combined duties to over 100% on many cross-border goods. The two leaders reached a one-year truce on tariffs during an October meeting in South Korea, and this week they are expected to negotiate an extension of that pause — though negotiators on both sides have cautioned a final agreement is far from guaranteed.

    Trump has pinned his approach to the talks on his self-described close personal rapport with Xi, telling reporters ahead of the trip he expects a “great big hug” from the Chinese leader, who he has long praised for his firm governing style. Top on the president’s commercial priority list are new trade deals covering U.S. agricultural exports, aircraft sales and wider market access for American companies. Aboard Air Force One en route to Beijing, Trump wrote on social media that he would press Xi to “open up” China’s markets to U.S. firms, saying “these brilliant people can work their magic” given fair access.

    For its part, the Chinese foreign ministry struck a constructive tone ahead of the summit, releasing a statement Wednesday saying Beijing “welcomes” Trump’s visit and stands ready to work with Washington to expand bilateral cooperation and productively manage differences. But analysts note China’s global position has shifted significantly since Trump’s last visit in 2017, with Beijing now far more assertive on geopolitical and trade issues, leaving multiple core disputes unresolved.

    One of the most sensitive issues on the agenda is Taiwan, the self-governing democracy that Beijing claims as its sovereign territory. Trump confirmed ahead of the trip that he will raise the topic of ongoing U.S. arms sales to Taipei during his talks with Xi — a break from decades of U.S. policy that has refused to consult Beijing on arms sales to the island, a shift that is being closely watched by Taipei and U.S. regional allies.

    Other topics slated for discussion include China’s export controls on rare earth minerals, the growing global rivalry in artificial intelligence development, and broader restructuring of the bilateral trade relationship. Both sides enter the summit seeking to secure tangible wins while preventing a further escalation of tensions, a delicate balance that carries major implications for the global economy and international security. Trump is also pushing to lock in a firm date for a reciprocal visit by Xi to the U.S. later in 2026, a move that would serve as a high-profile proof of his claim to have built a strong working relationship with his Chinese counterpart.

  • Ex-Nicaragua guerrilla believes Ortega-Murillo days numbered

    Ex-Nicaragua guerrilla believes Ortega-Murillo days numbered

    In an exclusive interview with Agence France-Presse from her exile home in Costa Rica, a former veteran commander of the Sandinista National Liberation Front (FSLN) has issued a stark prediction about the future of Nicaragua’s ruling power couple. Seventy-one-year-old Monica Baltodano, who once fought alongside current Nicaraguan President Daniel Ortega in the revolution against the Somoza dictatorship, argues that 74-year-old Vice President and first lady Rosario Murillo will not be able to hold onto power once 80-year-old Ortega passes away.

    Ortega, a once fiery Marxist revolutionary who led the 1979 uprising that ousted the U.S.-backed Somoza regime, has held the Nicaraguan presidency since 2007. His successive election victories have been widely questioned by the international community, and the United States has formally labeled his administration a dictatorship, accusing it of rewriting the national constitution to consolidate absolute control and systematically suppress all political dissent.

    Today, Baltodano has broken completely with the regime she once helped bring to power, describing Ortega and Murillo as figures utterly corrupted by unbridled ambition for power. Speaking from her sunlit Costa Rican home, decorated with Nicaraguan art and personal mementos from her homeland, she reflected on how far the country has strayed from the revolutionary ideals they once shared.

    Baltodano recalled that during the fight against the “genocidal” Somoza dictatorship, the FSLN built a broad movement that united civic resistance, armed struggle, public demonstrations and an independent press. By contrast, she argues, modern Nicaragua under Ortega is more closed and repressive than even the Somoza era, comparing its political climate to that of North Korea. She accuses the regime of weaponizing exile and denationalization to silence opponents, brutally repressing the Catholic Church, and eliminating all independent state institutions.

    As rumors spread of Ortega’s declining health, opposition sources report that Murillo has already begun a quiet internal purge of the ruling party to solidify her grip on power ahead of Ortega’s death. But Baltodano says Murillo’s efforts are doomed to fail. “Rosario wouldn’t withstand Ortega’s disappearance because she’s still using him as a kind of icon, almost elevated to the level of a deity,” Baltodano explained. “Institutions wouldn’t be subordinated to her the way they are now.”

    Baltodano fled Nicaragua in 2021 after publicly denouncing Ortega’s growing authoritarian turn. In 2023, she was stripped of her Nicaraguan citizenship alongside dozens of other exiled dissidents, a common tactic the Ortega regime has used against its opponents. Today, the Nicaraguan government faces sweeping sanctions from the U.S. and European Union, and thousands of Nicaraguans have fled into exile after hundreds of real and perceived opposition figures were jailed by the regime.

    Baltodano notes that Ortega and Murillo rule in a climate of constant paranoia, pointing out that the regime now imprisons more dissidents from its own ruling ranks than it does from the formal opposition. Rejecting calls for foreign intervention similar to the recent push against Venezuelan leader Nicolas Maduro, an Ortega ally, Baltodano stressed that Nicaraguans must be the ones to solve their own political future. “We Nicaraguans have to be able to resolve our own problems, not by turning our backs on the international community, but not as the result of interventionist actions by any power either,” she said.

    For Baltodano, life in exile grows “doubly painful” each passing year, separated from her homeland. A March report from independent United Nations experts documented the Ortega regime’s growing pattern of targeting Nicaraguan dissidents even in exile, but Baltodano says she refuses to live in constant fear. Though she takes basic safety precautions, she remains absolutely certain that she will one day return to a free Nicaragua.

  • DV crackdown drives record surge in NSW prison numbers

    DV crackdown drives record surge in NSW prison numbers

    A targeted law enforcement initiative against alleged domestic violence offenders has triggered an unprecedented jump in jail populations across New South Wales (NSW), with nearly half of the state’s current inmate population yet to go through court proceedings, new official crime data shows.

    Released Thursday by the NSW Bureau of Crime Statistics and Research (BOCSAR), the latest figures put the state’s total current prison population at 14,070 – a new historic high. Of that total, 6,650 inmates are being held on remand, meaning they have not been convicted of any crime and are still waiting for their court dates or trials to begin. That marks a more than 15 percent year-over-year increase in the state’s remand population.

    BOCSAR executive director Jackie Fitzgerald described the rapid growth as an extraordinary shift that has unfolded over an remarkably short timeline. “Prison numbers have grown more in four months than they did in the previous four years,” Fitzgerald told reporters. She added that the milestone of nearly half of all inmates being held on remand represents a fundamental shift in the demographic composition of NSW’s prison system.

    The sharpest growth in remand numbers has been concentrated among people charged with domestic and family violence offenses, Fitzgerald confirmed. Domestic violence remand populations have accounted for 41 percent of total four-month growth in the state’s overall remand population. The primary driver of this surge has been Operation Amarok, an ongoing statewide police initiative launched in January 2023 that specifically targets alleged domestic violence offenders, which has led to thousands of arrests across NSW to date.

    But expanded and more aggressive police activity across all offense categories is also contributing to the rising population, BOCSAR data confirms. Between December 2025 and March 2026, NSW police charged roughly 62,000 adult defendants, a 13 percent increase compared to the same 12-month period a year prior. Fitzgerald emphasized that this trend is not being driven by a rising overall crime rate, but rather by stricter enforcement and higher charging volumes that are pushing more defendants into pre-trial detention.

    “What we are seeing is increased police activity and stronger enforcement resulting in more people entering the justice system,” Fitzgerald said. “Rather than a change in crime rates, higher charging levels are driving higher remand numbers, particularly for domestic violence.”

    Breaking down the current population data, 13,108 of the state’s inmates are men, while 962 are women. Most notably, more than one-third of all people held in NSW jails – 4,834 people total – identify as Aboriginal, highlighting ongoing disproportionate representation of Indigenous people in the state’s correctional system.

  • US Senate backs Trump on Iran war despite deadline lapse

    US Senate backs Trump on Iran war despite deadline lapse

    In a high-stakes vote that exposed deep partisan divides over congressional authority and America’s ongoing military engagement in Iran, U.S. senators on Wednesday narrowly blocked a Democratic-led bid to curtail President Donald Trump’s ability to wage unapproved war against Iran. This marked the first congressional vote on the conflict since a 60-day statutory deadline for the White House to secure formal congressional authorization expired.

    The resolution, spearheaded by Oregon Democratic Senator Jeff Merkley, represented the seventh failed Democratic effort to rein in Trump’s war powers since the Iran conflict launched more than 10 weeks earlier. The final vote tally came down to a razor-thin 50-49 margin, with the resolution falling just one vote short of passage.

    Democrats argue that under the 1973 War Powers Act, passed in the wake of the Vietnam War to reassert congressional control over military deployment, the Trump administration was required to win formal legislative approval for ongoing strikes against Iran by May 1. The timeline was triggered when Trump notified Congress of the initial Iranian strikes back in early March. By their reading, the president is now openly operating in violation of federal law.

    The White House has pushed back against this interpretation, claiming the 60-day clock was paused when a ceasefire was announced more than a month ago. Speaking to reporters after the vote, Merkley suggested many Republican senators held misgivings about the ongoing conflict but feared political backlash from aligning against the sitting president. “I think many of our colleagues are uncomfortable with where they stand, but they’re also uncomfortable with being on the wrong side of Trump,” Merkley said.

    The ongoing legal and partisan standoff has emerged as the most high-profile test of congressional war-making authority in the half-century since the War Powers Act became law. The conflict is now in its 75th day, with mounting military costs and growing bipartisan concern over the strain the deployment has placed on overall U.S. military readiness. Before the vote, even Merkley acknowledged that the administration’s decision to pause the clock had muddied the political and legal waters for swing voters.

    Despite the resolution’s defeat, Democrats have drawn encouragement from the slow but steady rise in Republican lawmakers breaking ranks with the president to support the measure. Three Senate Republicans crossed the aisle to back the resolution, one more defector than appeared in the previous April vote, shrinking the president’s winning margin to the narrowest possible outcome.

    Democratic Senator Tim Kaine, a longtime advocate for reining in unauthorized war powers, told reporters that Democrats would not abandon the fight. “They’ll have another chance to vote next week, and the week after that,” Kaine said, vowing to keep pressure on Republican lawmakers to defend their positions on the conflict. “We’re going to force this vote every week until the Senate says we shouldn’t be at war. And I do believe that day is coming.”

    Historically, enforcing the War Powers Act has proven extraordinarily difficult, as federal courts have generally been reluctant to intervene in inter-branch disputes over military policy. Even if the resolution eventually secures passage in the Senate, it still faces substantial obstacles in the Republican-controlled House of Representatives, and would almost certainly face an immediate veto from President Trump.

  • Gunshots at Philippine Senate as lawmaker wanted by ICC holds out

    Gunshots at Philippine Senate as lawmaker wanted by ICC holds out

    A chaotic incident unfolded at the Philippine Senate complex late Wednesday, when multiple gunshots rang out as fugitive Senator Ronald Dela Rosa, a former police chief wanted by the International Criminal Court (ICC) over crimes against humanity allegations linked to his role in Rodrigo Duterte’s deadly drug war, holed up inside the building to avoid arrest.

    According to AFP journalists on the scene, at least five distinct gunshots were heard, forcing senators, staff, and journalists to lock themselves in offices for safety. Television footage captured a visibly shaken crying reporter delivering a live on-air report from inside the locked-down building, while Senator Robin Padilla publicly urged all journalists present to evacuate the premises immediately.

    Interior Secretary Juanito Victor Remulla told reporters that no casualties have been reported, and the operation to identify and locate the shooter remains ongoing. Remulla confirmed Dela Rosa remained secured inside the Senate complex, adding that “he is safe. He is with security personnel. He has been informed of our activities. We have assured him that there is no warrant of arrest to be served.”

    President Ferdinand Marcos Jr. released an immediate public statement denying that any government forces deployed inside or around the Senate compound had fired the shots. He clarified that agents assigned to arrest Dela Rosa had already been ordered to stand down earlier that day, following a Supreme Court directive that required the administration to justify its planned arrest and extradition of the senator to the Netherlands, where the ICC is based.

    “The thing to do now is to tell all our people to calm down and we will get to the bottom of this. We will determine who is behind this trouble,” Marcos said in an address broadcast on state television.

    The incident is the latest escalation of a long-simmering political crisis tied to the Duterte-era drug war. Dela Rosa, widely known by his nickname “Bato”, served as chief of the Philippine National Police from 2016 to 2018, overseeing the opening phase of Duterte’s brutal anti-narcotics crackdown that human rights monitors say left thousands of mostly low-level drug users and small-scale peddlers dead. Duterte himself was arrested by ICC authorities last March and is currently detained in The Hague awaiting trial on related charges.

    Dela Rosa had stayed out of public view since November before making a surprise return this week, casting a critical vote that helped Duterte loyalists seize control of the Senate leadership. Just minutes before the gunshots rang out, Senator Vicente Sotto released a statement reporting that protesters had thrown water bottles at his car as he drove alone out of the Senate complex.

    Earlier that same Wednesday, Dela Rosa made a public appeal to current and former members of the Philippine military and police to oppose his extradition, urging uniformed personnel to resist any move by the Marcos administration to hand him over to the international court. “My fellow men in uniform” should “express their sentiment” that the government “should not hand me over to foreigners”, he said.

    Senate President Alan Peter Cayetano, who blocked government agents from arresting Dela Rosa earlier this week, wrote on his official Facebook page that authorities had no leads on the source of the gunfire. “We heard gunshots and we don’t know what is happening. Everyone’s locked in their rooms now. We cannot go out, we cannot secure our other staff,” he added. “Why are we under attack here?”

    Melvin Matibag, director of the National Bureau of Investigation (NBI), whose agents attempted to arrest Dela Rosa at the Senate on Monday, denied that any NBI personnel were involved in the shooting. “We were on a stand down,” he told ABS-CBN network in an interview, adding there were no NBI agents inside the Senate building when the gunshots occurred.

  • ‘Meet people where they are’: NSW’s health pledge as cost of living pressures grow

    ‘Meet people where they are’: NSW’s health pledge as cost of living pressures grow

    As Australian households grapple with escalating cost-of-living pressures and public hospitals prepare for a seasonal winter surge in patient volumes, the New South Wales (NSW) state government has rolled out a sweeping suite of free and low-cost community-centered healthcare initiatives designed to cut household medical expenses and divert non-urgent cases away from overstretched hospital facilities.

    The reforms align with both state and federal efforts to deliver targeted financial relief to working Australian families, coming just after Federal Treasurer Jim Chalmers delivered the Albanese government’s fifth federal budget on Tuesday evening. The 2026-27 federal budget includes key cost-of-living measures, such as a $250 Working Australians Tax Offset set to take effect in mid-2028, alongside major proposed changes to capital gains tax and negative gearing rules.

    For NSW Health Minister Ryan Park, the reforms mark a fundamental shift away from the traditional one-size-fits-all healthcare model that required patients to adapt to existing system structures, rather than the system meeting patient needs. “What I’ve tried to do over the last few years is reform that and try and meet people where they are at,” Park explained in an interview, emphasizing that the new model prioritizes convenience for patients while reducing systemic strain.

    At the core of the accessibility overhaul is an expanded state-wide bulk-billed virtual urgent care program, which eliminates the need for many non-urgent general practitioner (GP) visits. For an average patient that sees a GP six times annually, the program is projected to cut annual medical costs by up to $264. For a four-person household, that annual savings can reach more than $1056 when combined with other free state services.

    Beyond virtual care, the NSW government has added a range of free pediatric and family services to further reduce household financial burden. Starting in April, eligible parents gained access to free needle-free flu mist nasal spray vaccinations for children aged 2 to 4 years old. All children under 5 years old, alongside their parents and carers, can access no-cost general family health checks, while every child in the state is eligible for free routine dental care through NSW’s public dental network.

    Mental health support has also been expanded dramatically across regional and urban NSW. Twenty-four fully funded Medicare Mental Health Centres and Kids Hubs now operate in communities across the state, including regional hubs in Blacktown, Wagga Wagga, and Broken Hill. Mental Health Minister Rose Jackson confirmed the state government has invested $58 million to build out this accessible mental health network, serving thousands of families annually. In 2025, hubs in Lismore, Liverpool, and Penrith recorded the highest patient volumes across the network, demonstrating strong community demand for free, local mental health care.

    The government has also expanded access to common prescription medications, including the contraceptive pill and ADHD treatment, by allowing GPs to prescribe these medications directly in more community settings. When combined, all the initiatives could save eligible NSW families as much as $1200 in annual healthcare costs, according to government estimates.

    The reforms come at a critical time for NSW’s public hospital system, which is already facing persistent capacity strains ahead of the expected winter influenza surge. Park revealed that roughly 1200 acute hospital beds are currently occupied by long-term patients from aged care and the National Disability Insurance Scheme (NDIS) who are waiting to transfer to Commonwealth-funded long-term care, creating a persistent “bed block” that reduces capacity for acute winter cases. Hospitals are also recording sharp increases in the volume of the most severely ill category 1, 2, and 3 patients, placing additional strain on clinical staff.

    By diverting patients with less urgent category 4 and 5 health needs to community and virtual care, the government aims to free up acute capacity for the most severe cases this winter. “Parents and families are bloody struggling at the moment,” Park said, noting that the widespread financial pressure of daily living makes unexpected healthcare costs particularly devastating for households. “Healthcare can be an expensive cost, and it’s a cost that is hard to defer.”

    NSW Premier Chris Minns emphasized that accessible, affordable basic care is a core commitment of his Labor government. “We recognise families are under real pressure right now, with the rising cost of mortgages, rents, food and fuel, and we don’t want basic healthcare to take a back seat,” Minns said. “These free or low-cost initiatives for families through the public health system, provide some relief right now which will keep money in the pockets of families.”

  • War in Middle East: latest developments

    War in Middle East: latest developments

    The ongoing Middle East conflict has seen sharp new escalations and shifting global diplomatic and military moves in its latest phase, with deadly Israeli airstrikes roiling Lebanon even as a nominal ceasefire with Hezbollah remains nominally in place.

    On Wednesday, Israel ramped up its air campaign across Lebanon, with Beirut’s Ministry of Health confirming nine fatalities – including two children – in strikes targeting vehicles along the route between the capital Beirut and the coastal city of Sidon. The Israeli military confirmed it targeted Hezbollah positions in southern Lebanon, while an Agence France-Presse correspondent on the ground observed thick plumes of smoke rising from Burj al-Shemali in the Tyre region. The violence came a day after even deadlier strikes across southern Lebanon killed 13 people, according to Lebanese health officials. Among the Tuesday casualties were two civil defence rescuers who had been dispatched to extract a wounded survivor from an earlier raid. Since a shaky ceasefire between Israel and Hezbollah took hold on April 17, more than 380 people have been killed in intensifying Israeli attacks, and Hezbollah leader Naim Qassem has pledged to turn the frontline into “hell” for Israeli forces.

    In Iran, authorities have executed a 32-year-old man convicted of espionage on behalf of Israel, marking the sixth execution on such charges since the outbreak of the current regional conflict. Iran’s state-run judiciary outlet Mizan Online identified the man as Ehsan Afreshteh, claiming he was trained by Israel’s Mossad intelligence agency in Nepal and passed along sensitive state information to Israeli handlers. But two independent human rights groups – Norway-based Hengaw and Iran Human Rights – have pushed back against the official narrative, saying Afreshteh consistently denied the accusations and that his televised confession was coerced through torture.

    Regional geopolitical shifts have also been felt in the United Arab Emirates, which has formally designated 21 Lebanese individuals and organizations as terrorist entities, ordered a freeze on all their assets, and tied the group to Hezbollah, according to the country’s official state news agency. The UAE, which hosts a large Lebanese diaspora community, has emerged as a key target of Iranian missile and drone strikes since the regional conflict was sparked by joint US-Israeli military action against the Islamic republic.

    The conflict has already left a marked imprint on global energy markets, the International Energy Agency (IEA) confirmed in its latest monthly market report. The agency reported that nations are drawing down commercial and strategic oil reserves at a “record pace” to offset supply disruptions tied to the conflict. Global stockpiles fell by an additional 117 million barrels in April, following a 129 million barrel drawdown in March.

    Multiple nations have announced new military deployments to the region in response to heightened tensions, particularly around the critical Strait of Hormuz chokepoint. Italy confirmed it would reposition two warships closer to the Persian Gulf, but Defense Minister Guido Crosetto told lawmakers any formal deployment through the Strait of Hormuz would only proceed as part of an international mission and following a lasting regional truce, with final approval required from the Italian parliament. Australia also announced it would contribute to a new defensive mission led by France and the United Kingdom aimed at securing commercial shipping through the strait, once the mission is formally established, and will deploy a surveillance aircraft to help the UAE fend off Iranian drone attacks. The mission is strictly defensive in scope, Australian Defense Minister Richard Marles emphasized.

    Diplomatic efforts to de-escalate tensions are also underway. Chinese state media reported that China’s top diplomat, Foreign Minister Wang Yi, held a call with his Pakistani counterpart Ishaq Dar, urging Islamabad to step up its mediation efforts between Iran and the United States and help facilitate a “proper” resolution to the reopening of the Strait of Hormuz. The discussion came ahead of a planned visit by former US President Donald Trump to Beijing.

    New details have also emerged about Iran’s remaining military capabilities from declassified US intelligence reporting, the *New York Times* confirmed. Classified US assessments conclude Iran retains substantial missile capabilities even after targeted strikes against its program: roughly 70 percent of its mobile missile launchers and pre-conflict missile stockpile remain operational, and Iran has restored access to 30 of the 33 key missile sites located along the Strait of Hormuz coastline.

  • Warsh set to take over a divided Fed facing Trump assaults

    Warsh set to take over a divided Fed facing Trump assaults

    As the U.S. Senate gears up to confirm Kevin Warsh, President Donald Trump’s nominee for Federal Reserve Chair, the incoming leader confronts a trio of extraordinary challenges: unprecedented political interference from the White House, persistent inflationary pressures buffeting the American economy, and deep internal divisions among the central bank’s top policymakers.

    The confirmation vote is scheduled for 2:00 pm local time (1800 GMT) Wednesday, with Trump’s Republican party holding a narrow majority that is all but guaranteed to push Warsh’s nomination through to replace departing chair Jerome Powell. Once a well-known hardliner on inflation (commonly referred to as a monetary “hawk”), Warsh has shifted his policy stance in recent months to align with Trump’s aggressive public campaign for deep interest rate cuts. He has also pledged to implement what he calls “regime change” at the central bank, criticizing the institution for what he claims is excessive politicization and overly transparent communication around its monetary policy decisions.

    But Warsh’s path to immediate rate cuts faces steep barriers. Inflation currently remains well above the Fed’s long-term 2% target, climbing to 3.8% year-over-year in April amid soaring global oil prices sparked by the escalating conflict between the U.S.-backed Israeli campaign against Iran. With price growth still stubbornly elevated, the new chair faces an uphill battle convincing members of the Federal Open Market Committee (FOMC), the Fed’s rate-setting body, to back an immediate rate reduction. That gridlock sets the stage for renewed public attacks from Trump, who spent years relentlessly criticizing Powell over his policy decisions and has made no secret of his demand for lower borrowing costs to boost the economy ahead of elections.

    “Warsh’s biggest challenge will likely be dealing with President Trump,” noted David Wessel, senior fellow at the Brookings Institution. “The president does not respect the independence of the Fed and he wants interest rates to be lower.”

    Trump’s repeated attacks on the Fed and its leadership already represent an unprecedented assault on the central bank’s long-held institutional independence. Earlier this year, Powell claimed a criminal probe launched by the Department of Justice into cost overruns for a Fed building renovation project was a deliberate attempt to pressure him into changing his monetary policy stances. That move came on the heels of a separate Trump administration effort to remove Fed Governor Lisa Cook from the central bank’s board.

    The Justice Department dropped the criminal probe into Powell as the administration moved to clear procedural hurdles for Warsh’s nomination, but the Supreme Court still has a pending case on the legality of Cook’s attempted removal. Columbia Law School professor Kathryn Judge, an expert in banking regulation, called both actions “unprecedented,” warning that the pressure on Fed officials is unlikely to ease even after Warsh takes office.

    “Fed officials have been put on notice that this president is willing to use all available tools to bully them into acceding to his demands,” Judge explained.

    Beyond political interference, Warsh takes the helm of the world’s largest economy still reeling from years of successive economic shocks. The COVID-19 pandemic sent inflation soaring to a 40-year peak of 9.1% in mid-2022; while price growth has cooled from that high, American households have still been grappling with persistent above-target price increases that have eroded purchasing power.

    The Fed’s dual mandate creates a particularly intractable policy dilemma for the new chair. While the unemployment rate has held steady at roughly 4.3% — a level near historic lows — that stable headline number hides significant underlying turbulence. Monthly job growth has been weak and volatile for months, swinging between small gains and losses, with nearly all new job creation concentrated in the health care sector. The stable unemployment rate is also propped up by a sharp drop in labor supply, driven by both Trump’s aggressive deportation policies and the ongoing aging of the American population.

    The conflicting signals leave policymakers stuck between competing goals: raise rates to bring inflation fully back to target, or cut rates to stimulate sagging job growth?

    Compounding these challenges is deep internal division on the FOMC over the appropriate path forward. At the committee’s most recent meeting, an unusual three members publicly dissented from the group’s position, arguing the Fed should signal that a rate hike remains a possible option to rein in persistent inflation. Wessel pointed out that these divisions, which sometimes fall along partisan lines, represent a marked shift from the Fed’s traditionally consensus-driven culture of the past.

    Adding an extra layer of institutional uncertainty is the unusual situation of outgoing chair Powell, who will remain on the Fed’s board of governors after stepping down from the leadership role — a break from more than 70 years of precedent where departing chairs leave the board when their term as chair expires.

  • Coalition to scrap Albanese’s housing fund, cap migration on new homes

    Coalition to scrap Albanese’s housing fund, cap migration on new homes

    Australia’s main opposition party, the Coalition, is set to table a sharp, interventionist alternative to the Albanese government’s housing and migration policies in its formal budget reply speech on Thursday evening, led by Opposition Leader Angus Taylor. Scheduled to address parliament shortly after 7:30pm, the plan targets what the Coalition frames as Labor’s failed approach to the national housing crisis, centering on two headline pledges: a legally tied annual cap on net overseas migration linked directly to national housing completion numbers, and full abolition of the current government’s signature housing initiatives.