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Burnham, a potential successor to the British Prime Minister, stated that he will ensure Britain maintains control over key services and will focus on utilities reform and re-industrialization.

2026-06-29

Burnham, a potential successor to the British Prime Minister, stated that he will ensure Britain maintains control over key services and will focus on utilities reform and re-industrialization.

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2026-06-29

The PLA Southern Theater deployed naval and air assets for routine patrols in the South China Sea on June 27-28, spokesperson Zhai Shichen said. He accused the Philippines of enlisting external states to carry out so-called 'joint patrols', called th

The PLA Southern Theater deployed naval and air assets for routine patrols in the South China Sea on June 27-28, spokesperson Zhai Shichen said. He accused the Philippines of enlisting external states to carry out so-called 'joint patrols', called the actions disruptive, and said theater forces will firmly defend China’s territorial sovereignty and maritime rights and maintain regional stability.
2026-06-29

RBA deputy governor Kent said a review of alternative monetary tools leaves the central bank better able to respond to future shocks. He said the cash rate target remains the primary instrument, while other tools can provide additional support in exc

RBA deputy governor Kent said a review of alternative monetary tools leaves the central bank better able to respond to future shocks. He said the cash rate target remains the primary instrument, while other tools can provide additional support in exceptional periods but are more complex and carry greater risks. Kent referenced the MPC’s newly released framework for supplementary tools in a low-rate environment and said the Committee may be less tolerant of inflation undershooting the 2%–3% target range when rates are low. He added that, in that scenario, the bank could consider lowering the cash rate target earlier and more decisively to counter deflationary shocks.
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