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Victoria scraps the 2026 Commonwealth Games

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The Victorian government has announced that the 2026 Commonwealth Games will not go ahead in regional Victoria and will be scrapped completely.

The government announced in 2022 that the Games would be hosted across regional Victorian centres, including Ballarat, Bendigo and Shepparton.

Vic Premier Daniel Andrews says the true cost was likely to be closer to $6 billion or $7 billion and the state simply could not afford it.

The premier has announced a $2 billion spending package for regional Victoria to make up for the loss of the Games, which was to act as a boost for facilities in the host centres.

The Victorian opposition has responded to the news, calling it a “massive humiliation” for the state.

The premier has been asked why the Games couldn’t have been held in Melbourne, rather than cancelled altogether?

He says the government has “looked at every option” but the state couldn’t afford it.

But just repeating the news that the Victorian Premier Daniel Andrews has scrapped plans for regional Victoria to host the 2026 Commonwealth Games.

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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