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Treasurer Jim Chalmers predicts Cyclone Alfred will affect agriculture, construction and federal budgets ahead of the election.Australia’s Treasury estimates that Cyclone Alfred last weekend caused about $1.2 billion in economic losses to the country.The financial set-off is expected to shave about a quarter of the country’s GDP, said treasurer Jim Chalmers as a way to prepare Australians for the looming middle-aged economic and financial outlook he is set to announce.Chalmers detailed the expected economic impacts of cyclones, particularly on agriculture and construction.”We expect some impact on the costs of fruits and vegetables depending on the impact of the farmland,” he…
RBA Governor Michele Bullock said he has not seen how Bitcoin can play a key role in Australia’s payment system and economy.Reserve Bank of Australia (RBA) Governor Michelle Bullock has rejected the idea of establishing Bitcoin as a strategic preparation.During a recent Congressional investigation hearing, the governor said Bitcoin could not serve as a backup.”Why? Going back to the same point, it doesn’t serve the purpose of money,” she told the Standing Committee on Economics.”There are no solid values. We can’t guarantee that what we are today is the same value tomorrow.”Additionally, Bullock said Bitcoin is “very slow” compared to…
Reshuffle is at the midpoint of NSW’s tenure labor.New South Wales (NSW) Prime Minister Chris Mins reshuffled the cabinet after the minister was forced to take taxpayer-funded ministerial cars to a private event.This reshuffle is the first major change since Labour took office two years ago from the liberal and national coalition government in 2012.Minister John Graham will undertake the transportation portfolio after former Minister of Transport Joe Halen was forced to resign in early February.Graham also continues his arts, music and nighttime economy portfolio and remains Minister of State.Mins is also making wider modifications to the cabinet, with Lismore…
The state’s largest home insurance company said it paid $1.75 billion for claims filed as a result of a recent Los Angeles area wildfire.LOS ANGELES – California Insurance Commissioner Ricardo Lara has approved “tentatively” and approved a request for an emergency 22% increase in homeowner insurance fees on March 14, but only if data can be justified at a hearing scheduled for next month.Lara first refused to do rate hikes last month after realising that the insurance company couldn’t provide enough evidence that it needed an immediate increase, 38% of rental homes and 15% of rental and condominium owners. However,…
Lawmakers urged Trump to “elevate” the State Department’s efforts to ensure China’s cooperation on the issue. A bipartisan group of more than 100 lawmakers is urging President Donald Trump to push communist China to resolve a disputed adoption case involving Chinese children.Co-chair of the Congressional Union of Adoptions – Sen. Amy Klobuchar (D-Minn.) and Kevein Cramer (RN.D.), and Reps. Robert Aderholt (R-Ala.) and Danny K. Davis (D-Ill.) – Leading the effort in a letter to Trump on March 14th.They said Trump should “work on behalf of “hundreds of children and American families” on China’s decision to end the international adoption…
The FDA warned that the use of such products could lead to the possibility of serious side effects, including death.The U.S. Food and Drug Administration (FDA) warned on March 14 that consumers should not use products containing nitrous oxide due to serious side effects that could include death.Nitrous oxide, sometimes called “laughing gas,” “whippet,” or “galactic gas,” is colorless and odorless. For hundreds of years, some have used it in recreational purposes, but it has many medical, industrial and commercial purposes, such as being used as a propellant for whipped cream canisters.It is available in compact cartridges that can be…
Gender transition procedures did not resolve the underlying psychological issues that were ignored, the humiliator said at the Capitol Hill Forum.Washington – dr. Eisan Heim, a surgeon from Texas, says some doctors can’t deal with the shock after they realize they’re prescribing drugs or surgeries for young people with gender discomfort.Heim says such doctors “have to develop their spines” and talks about this medical malpractice in the medical community for vulnerable youth “turning them into chronic medical patients.””Their self-reflection is their imagination. He said in an interview with NTD’s Jan Jekielek, a sister from the Epoch era, in an interview…
According to OutPayce’s research, organized scam rings target the travel industry due to their high transaction value and international nature.According to a new study, security is an important factor for individuals to consider before travel, with over 70% saying they choose travel agencies based on their strong reputation for safe commercial.According to a survey of 4,500 travelers from France, Brazil, the UK, the US and Singapore, if you offer a 5% discount, approximately 67% of travelers in five markets will not be seduced by poorly cybersecured travel agencies if you offer a 5% discount.This is because 64% of travelers perceive…
The Canadian representative says he has a clearer understanding of what President Donald Trump is pursuing through the use of tariff measures following his talks with Trump.’s Washington DC commerce team on March 13th.David Patterson, representative of Ontario in Washington, says what the Trump administration wants is to use tariffs as a new source of revenue to “kill” the “massive deficits” that the US government has incurred on spending.”Taxes are now a global policy in the United States,” Patterson said in an interview with CBC’s power and politics aired on March 15th.US federal spending has been running in the deficit…
Houthis says the strike led to 31 deaths. The US has not yet released estimates for deaths. National Security Advisor Mikhaher Waltz said on March 16 that the Trump administration’s strike against Yemen’s Houtis had hit its leadership hard.In an interview with “Fox News Sunday,” Waltz confirmed the strike and described the US-designated terrorist organization Houthis as “essentially al-Qaeda with sophisticated Iran-supported air defense and anti-fleet missiles and drones.””We killed some of their main leaders last night, killing their infrastructure, their missiles,” he said.On Saturday, President Donald Trump ordered several airstrikes in areas owned by Hooty in Yemen, vowing to…