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Global markets are tanking
An overnight global stock rout that extended into Asia has intensified in afternoon trade.Analysts say the risks of a stock bear market are increasing.Futures markets on the FTSE100 and the S&P500...
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At least 135 whales beached themselves and died in a mass stranding in Australia
More than 150 short-finned pilot whales beached themselves in Western Australia.Just 15 could be rescued. The other 135 died.Rescuers are struggling to save the surviving whales who remain stranded in...
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'It's just chaos': Nobel Prize-winning economist Robert Shiller warns that an...
Robert Shiller, the Nobel-winning economist, has warned that growing trade tensions between the US and China could spark an immediate US economic crisis.Shiller says a global trade war could see...
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Egg prices are enjoying a cracking rally ahead of Easter
Egg prices in the US Midwest are soaring ahead of Easter, doubling over the past month.Analysts put the price surge down to strong pre-Easter demand and adverse weather conditions.Easter Sunday falls...
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The Hubble telescope spotted the furthest star ever seen — 9 billion light...
The universe is close to celebrating its 14 billionth birthday. Here's what it looked like when it turned 5 billion:We know because that's a photo of a what a star looked like nine billion years taken...
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Gold is rallying, and one analyst says there's more upside to come
The spot gold price has rallied 7.7% since mid-December.The Commonwealth Bank is forecasting there’ll be more gains to come in the next couple of years.It says the US dollar, rather than real US bond...
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The 'synchronized global economic recovery' just slowed down sharply
It looks like the peak of the synchronized global economic recovery may already be behind us.The JP Morgan-IHS Markit Global All-Industry Output Index fell to the lowest level in 16 months in March.A...
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MONEY & MARKETS: China's president moved to ease concerns about global trade...
Chinese President Xi Jinping's speech at the Boao Forum appears to have gone down well with investors across Asia.Based on wire headlines from Reuters, Xi made all the right noises when it came to the...
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If your computer has slowed, you might be mining crypto coins for someone...
Latest report shows cryptomining is now the world's second-most popular malware.It can cause mobile phones to overheat and explode.Has your computer's fan been unusually noisy lately?Good news:...
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The world has never been in this much debt before
Global debt levels rose by $US21 trillion last year to $US237 trillion, the highest level on record.80% of the increase in global debt levels over the past five years has occurred in emerging...
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$1 TRILLION DEFICITS FOR YEARS: Westpac explains why the US budget outlook is...
The US government is spending more than earns, a trend that looks set to continue.The Congressional Budget Office (CBO) sees US public sector debt-to-GDP rising to 96% within 10 years, up from 77% at...
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This viral optical illusion will disappear before your eyes
This optical illusion disappears before your eyes.All it takes is staring at the image for a minute or two.Try it out below.Everyone loves a trippy optical illusion.Well, here's the latest.Posted by...
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An indicator that last blew up during the GFC is on the move again
The Reserve Bank of Australia (RBA) isn’t overly concerned about a recent spike in short-term US dollar borrowing costs, suggesting it’s not been driven by a perceived deterioration in creditworthiness...
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2 athletes have been ejected from the Commonwealth Games after needles were...
Two members of the Indian athletics team have been expelled from the Commonwealth Games.This is because needles were found in their room at the Commonwealth Games village on the Gold Coast in Australia...
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Forces are aligning that could see oil rise back above $80 a barrel
The dual threat of military action in Syria and further sanctions on Iran saw oil prices rised by 8% last week.Analysts from RBC have pointed to a “fear premium” for oil prices as a broader regional...
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China just ramped up its holdings of US treasuries
China was buying US treasuries at the fastest rate in six months just prior to the recent trade spat between the two countries.Bloomberg reports that China’s holdings of US government debt rose by...
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The indicator with an almost perfect record of predicting US recessions is...
The US yield curve is flattening, a normal scenario at a time when the US Federal Reserve is lifting interest rates.When the curve has turned negative in the past — where short-dated yields are higher...
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A body-positive activist says fitness tips from Instagram stars like Kayla...
Taryn Brumfitt has a bone to pick."It's no wonder the Kayla Itsineses of the world are making millions and millions of dollars, she has the perfect business model — create a problem and provide a short...
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Drinking three cups of tea could make you more successful in China – here's why
As China opens up its market to the world, there are major opportunities for international businesses.According to China expert, David Thomas, the key to to successful dealings is to drink tea.It's...
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Japan just delivered a mixed report card on how its economy is faring
Japan just released a raft of economic data.The detail was mixed with ongoing strength in labour market indicators and a stronger-than-expected lift in industrial output offset by inflation and retail...
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