Australia Government

Wall Street's technology sector suffered sharp losses, with the Nasdaq falling 5.5% into correction territory, the S&P 500 declining 4.4%, and the Dow losing 3.4%, according to ABC News (Australia). The sell-off spread to Asian markets as investors questioned the US Democrats' approach to data...

US stock markets fell sharply following the November 2026 midterm elections, with technology stocks bearing the brunt of the decline, according to ABC News Australia. ABC News Australia reports that investors retreated from tech holdings amid fears of an AI crackdown under a Democratic-led Congress,...

Abdul El-Sayed, a Michigan Democrat of Egyptian descent, became the first Muslim elected to the U.S. Senate on November 4, 2026, according to Africanews. Egyptian state media has largely declined to cover his victory, per the report, following El-Sayed's public criticism of the Egyptian government....

Israeli President Isaac Herzog on Wednesday formally accepted the certified results of last week's election, opening consultations with party representatives on the formation of a new government.

ThePrint Political Editor DK Singh analyzes comparative protest strategies across India, Bangladesh, France, and Serbia in ThePrint's 'Politically Correct' column, arguing Indian Gen Z activism mirrors organizational patterns seen in Bangladesh and France more closely than Serbia's approach. Singh contends the tactical similarities between Indian...

The Australian All Ordinaries index jumped 2.8 percent on November 5, 2026, posting its strongest trading day since April following an overnight plunge in global oil prices. According to ABC News Australia, investors are betting that Democratic electoral gains will constrain Trump administration policies and...

According to CNBC's Liz Napolitano, France now pays more to borrow than former eurozone crisis nations Greece and Italy, a reversal of the country's historical standing as a financial safe haven in Europe. CNBC reports that French government debt is growing faster than GDP, intensifying...

South Korea developed a world-class defense manufacturing industry from minimal capabilities decades ago, now ranking among global leaders in military equipment exports and technology. The Money & Macro video examines how coordinated government industrial policy, targeted investment, and technology transfer enabled this transformation across shipbuilding,...

Democrats routed their rivals across the map in Tuesday's midterm elections, flipping states that had voted Republican for decades, according to the Associated Press. AP reports that voter frustrations over high prices, the Iran war, and government corruption drove the results.

Two election clerks at Living Waters Church polling site in Dallas reported that a woman who identified herself as a Department of Justice official appeared on election day Tuesday, according to The Intercept. The woman displayed a government ID, though the clerks expressed uncertainty about...

According to CNA, Workers' Party MP Fadli Fawzi gave a personal explanation in Singapore's parliament on November 4, 2026, responding to questions from Senior Minister K Shanmugam. CNA reports that Fadli had originally filed a question asking whether Singapore had, in a meeting with Israeli...

The Reserve Bank of Australia raised its official cash rate to 4.85 percent on November 2, 2026, marking the highest level in 18 years, according to ABC News Australia. Treasurer Jim Chalmers and Reserve Bank Governor Michele Bullock both responded publicly to the decision. ABC...

The Reserve Bank of Australia (RBA) raised its cash rate by 0.25 percentage points to 4.85 percent on November 3, 2026, marking the fifth rate increase this year and the highest level in 18 years. If banks pass on the full increase, Australian homeowners with...

Australia's Reserve Bank raised its cash rate to 4.85%, the highest level in 18 years, with Governor Michele Bullock citing elevated inflation as the driver. The move reflects the RBA's ongoing monetary tightening campaign to bring inflation back within target range. ABC News' business reporter...

Australia's Reserve Bank is preparing for a fifth consecutive interest rate increase on Melbourne Cup Day (November 4, 2026) as worse-than-expected inflation data forces policymakers to act. Warren Hogan, economic advisor at Judo Bank, argues that rates may need to rise further than currently anticipated...

Israeli voters cast ballots in a national election that left neither Prime Minister Benjamin Netanyahu nor the opposition with a clear path to form a governing coalition, according to Bloomberg Israel Bureau Chief Ethan Bronner. The result sets up protracted negotiations between political factions or...

According to the Associated Press, thousands rallied in Tel Aviv on Saturday calling for an Arab-Jewish coalition in Israel's next government after final election results showed Prime Minister Benjamin Netanyahu's bloc winning 53 seats — short of a parliamentary majority — while the main opposition...

Award-winning diplomatic correspondent Akbar Shahid Ahmed, appearing on The Tea with Dr. Myriam François, examines internal US government discussions regarding Israeli military operations in Gaza. Ahmed argues that Biden administration officials received escalating evidence of potential violations while maintaining military aid flows, and notes that...

Israelis voted on October 27, 2026, in the country's first national elections since the October 7, 2023 attack that triggered the Gaza conflict. The election determines Israel's next government amid an ongoing war that has killed tens of thousands and displaced millions in Gaza. The...

Australia's government declined to commit to net savings in its December budget update despite mounting pressure to control spending amid persistent inflation, according to ABC News Australia. Borrowers are preparing for financial strain ahead of a widely expected interest rate increase when the Reserve Bank...