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USGS reported a magnitude-5.4 earthquake about 189 km WNW of Bandon, Oregon, US.

2026-06-29

USGS reported a magnitude-5.4 earthquake about 189 km WNW of Bandon, Oregon, US.

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2026-06-29

Australian Treasurer Charles Chalmers: Labor's fuel tax cut plan was just passed by Parliament in July, saving approximately $11 per fill-up. This is one of our measures to ease the pressure on the cost of living. A new round of tax cuts for all taxp

Australian Treasurer Charles Chalmers: Labor's fuel tax cut plan was just passed by Parliament in July, saving approximately $11 per fill-up. This is one of our measures to ease the pressure on the cost of living. A new round of tax cuts for all taxpayers will also begin this Wednesday.
2026-06-29

The Bank for International Settlements said in a report on June 28 that a "historic closure" of the Strait of Hormuz triggered an energy and broader commodity supply crisis, posing a fresh threat to the global outlook. While geopolitical tensions hav

The Bank for International Settlements said in a report on June 28 that a "historic closure" of the Strait of Hormuz triggered an energy and broader commodity supply crisis, posing a fresh threat to the global outlook. While geopolitical tensions have eased and oil prices have fallen sharply, the BIS warned the shock's effects may persist. The report said early-year resilience was supported by AI-driven optimism and stronger-than-expected global trade, but cautioned that AI-related optimism may not be durable. If supply bottlenecks continue to constrain production, the recent surge in capital expenditure may be difficult to sustain.
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