The Secret Terms of Trump’s Venezuelan Oil Deal
The Trump administration committed the U.S. to taking a large stake in a Venezuelan company, some of whose owners and investors are shielded from public view. The exact details of the agreement over o...
‘Huge moment’: long-awaited extension to Sydney’s metro line to open next week, Minns reveals
The southwest metro extension will open on Friday 30 October, more than two years after the former T3 heavy rail line closed A long-awaited extension to Sydney’s metro line will open on Friday next week, bringing an end to more than two years of replacement buses for residents in the city’s south-west. In a video shared on Instagram on Thursday morning, the New South Wales premier, Chris Minns announced that the Southwest Metro extension would open on Friday 30 October. In a statement, the government said the first service would commence at 4:31am. Continue reading...
New Mexico judge orders Meta to pay state $25B
A New Mexico District judge on Wednesday ordered Meta to pay $25 billion in penalties for violating state law regarding unfair and deceptive trade practices.The state was entitled to closer to $220 billion, First Judicial District Judge Francis Mathew wrote, although the company will accrue 15% in interest annually until it pays off the penalty.
Indonesia Holds Rates in ‘Policy Mix’ to Support FX and Growth
Bank Indonesia kept its benchmark interest rate unchanged, while cutting reserve requirements and raising deposit rates, a mix of policies designed to pursue competing objectives following the market volatility triggered by MSCI Inc.’s downgrade threat.
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