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Democratic socialists boost AOC for White House run after left-wing group helped elect Mamdani as NYC mayor
The Democratic Socialists of America (DSA), the left-wing group whose backing helped propel Zohran Mamdani into City Hall as New York City’s mayor, is now channelling its energy behind Congresswoman Alexandria Ocasio-Cortez as a potential candidate for the White House in 2028. Buoyed by Mamdani’s success in the mayoral race, the organisation sees Ocasio-Cortez as…
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Trump’s hypocritical new tariffs are a chance for the world to fight back | Joseph Stiglitz
Nobel laureate economist Joseph Stiglitz argues that Donald Trump’s latest round of tariffs, imposed under the pretext of curbing forced labour abroad, is actually a disguised attempt to seize a greater share of global trade for the United States. He notes the new tariffs closely mirror those Trump previously justified on the basis of bilateral…
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Alan Joyce released a memoir about his time as Qantas CEO… but there’s a question that remains unanswered about Albo and his son
Alan Joyce, the former Qantas chief executive who resigned in 2023 amid a series of scandals, has released a memoir reflecting on his time leading the airline. Buried within the book is an unresolved question surrounding Prime Minister Anthony Albanese and his son Nathan, adding a fresh angle of intrigue to Joyce’s controversial tenure and…
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U.S. dollar weakens sharply against the Japanese yen after market interventions
The US dollar dropped sharply against the Japanese yen on Monday, 3 August 2026, after Japan’s Finance Ministry and the US Treasury carried out confirmed, coordinated market interventions to buy yen. The move matters because Japan’s persistently weak currency has been fuelling domestic inflation by pushing up the cost of imports, and open acknowledgement of…
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Todd Blanche rescinds Trump’s ‘anti-weaponization fund’ ahead of nomination hearing
Acting Attorney General Todd Blanche has formally rescinded a $1.8 billion “anti-weaponization fund” that President Trump had proposed to compensate his political allies. The move clears a major obstacle ahead of Blanche’s confirmation hearing before the Senate Judiciary Committee, as the fund had drawn bipartisan criticism partly because it could potentially have benefited people involved…
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John Oliver Says Taco Bell Has the Moral High Ground Over Trump Administration Amid “Explosive Diarrhea” Parasite Crisis
On ‘Last Week Tonight,’ the host shared his thoughts on the outbreak, blaming President Trump and Robert F. Kennedy Jr. for making cuts to the FDA and CDC.
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Why has Trump stepped in to prop up Japan’s currency?
The United States has intervened directly to prop up the value of the Japanese yen, buying billions of dollars’ worth of the currency for the first time in almost 30 years. The move came as Japan struggled to halt an accelerating slide in the yen towards 40-year lows, a decline that has driven up import…
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Trump’s attorney general nominee CANCELS $1.8 billion slush fund for participants of Jan 6 attack on Capitol
According to the headline, Donald Trump’s nominee for US attorney general has cancelled a $1.8 billion fund set aside to compensate or otherwise benefit people involved in the 6 January 2021 attack on the US Capitol. The move would mark a significant reversal of federal financial support connected to the riot, though the article text…
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Todd Blanche moves closer to confirmation after rescinding $1.8B fund
Acting Attorney General Todd Blanche took a key step towards confirmation after meeting demands to rein in a settlement deal President Donald Trump reached with the IRS this year.
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A blaze on an Indonesian passenger ferry leaves at least 5 dead and dozens missing
A fire broke out on the passenger ferry Mutiara Sentosa 2 on Sunday morning while it was sailing between Surabaya and Makassar in Indonesia, killing at least five people and leaving 41 unaccounted for among the 271 passengers and crew aboard. The blaze, which started in the vehicle deck, prompted a mass evacuation at sea,…