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World’s leading economies to discuss “shared challenges and rising threats”

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UK COVID-19 response labeled as a "failure"

The world’s leading economies will meet in London soon for face-to-face talks…for the first time in two years.

Foreign Ministers from the G7 countries are meeting in person

They are expected to discuss new ways for the group to defend international rules from rising threats.

The UK Foreign Minister is set to lead discussions on the crisis in Myanmar, as well as relations with Russia, China and Iran.

The G7 group – the world’s seven largest economies – is made up of the UK, Canada, France, Germany, Italy, Japan and the United States.

Australia and India have also been invited as guests to the three-day summit… as the UK tries to deepen ties with the Pacific.

The UK will host a summit of leaders in Cornwall next month.

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Gold, silver and platinum explode on markets

Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.

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Precious metals soar on ASX; investors must choose between bullion, futures, or mining stocks amid rising market heat.


Precious metals are surging on the ASX, with gold, silver, and platinum all making headlines.

Investors now face a critical decision: whether to buy physical bullion, trade futures, or invest in ASX mining stocks.

Each path comes with risk and reward, but with metals running hot, the question is whether markets are just heating up—or already near boiling point.

#Gold #Silver #Platinum #TickerNews


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Appeals court halts Trump’s attempt to fire Cook

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

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Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

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In Short:
– A federal appeals court has blocked Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
– Trump’s expected Supreme Court appeal raises concerns about the Federal Reserve’s independence and market stability.
A federal appeals court has blocked President Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
The decision comes just before a crucial meeting regarding potential interest rate changes.The court determined that the Trump administration did not meet the requirements for an appeal against a prior ruling that had already blocked Cook’s removal.

Cook has faced allegations of mortgage fraud, which she denies. Her lawyers assert she has not committed any wrongdoing, and documentation reviewed by NBC News supports her position.

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Trump is expected to appeal this ruling to the Supreme Court.

The legal context for Cook’s position at the Federal Reserve highlights that removal can only occur “for cause,” under the Federal Reserve Act. Analysts warn that firing Cook may destabilise the Federal Reserve, which is critical for market stability.

Legal Context

The Supreme Court has previously distinguished the Federal Reserve from other federal agencies, underlining its unique structure.

Concerns have escalated regarding the implications of Trump’s actions on the independence of the Federal Reserve and broader economic stability.


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Chinese auto brands dominate, taking one in five Aussie sales

Chinese car brands surge in Australia, capturing 20% market share with diverse offerings and aiming for expansion despite challenges

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Chinese car brands continue to rise in Australia, capturing 20% market share with a diverse range of EV offerings.

In Short:
– Over 20 Chinese car brands, including BYD and MG, are now available in Australia, with four in the top ten.
– Traditional automakers are adapting to increased competition and concerns about the quality of new Chinese entrants.

Australia is witnessing a significant increase in the presence of Chinese car brands, with over 20 names currently available, including BYD, GWM, and MG. In August, four Chinese brands ranked in the top ten for the first time, indicating a growing market share.Banner

Australia’s low trade barriers facilitate the entry of these brands, which view the market as an opportunity for growth and learning. Most electric vehicles sold outside of Tesla are Chinese, showcasing their dominance even in models from other manufacturers.

Industry analyst Mike Costello from Cox Automotive joins to discuss the latest developments in the EV space, and answers the big question: who was the dominate force at this year’s Munich Motor Show?

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