Commonwealth Bank urged to repay fees of 2 million low-income customers after posting record profit
Australia’s biggest bank delivers bumper payout to shareholders as CBA vows to end lending to coal companies with no net zero plans
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The Commonwealth bank has posted a record cash profit, sparking renewed calls for Australia’s biggest bank to repay more than 2 million low-income customers $270m in fees – something it has refused to do.
CBA recorded $10.25bn in annual cash profits for the year to June – a 4% lift on the previous year – and gave a bumper $2.60 payout per share to shareholders.
Continue reading...Ukraine strikes oil facility in western Russia in overnight drone attack, Kyiv confirms – The Kyiv Independent
- Ukraine strikes oil facility in western Russia in overnight drone attack, Kyiv confirms The Kyiv Independent
- Ukraine Claims Attack on Hub for Major Russian Oil Pipelines Bloomberg.com
- Drone debris sparks small fire at Russian refinery, authorities say Reuters
- Ukrainian Drone Strike Halts Operations at Rosneft Refinery in Saratov The Moscow Times
- Drones attack oil facilities in three regions in Russia Ukrinform
Ukraine Strikes Druzhba, Russia’s Largest Oil Pumping Station Near Border, Sparking Massive Fire – Kyiv Post
- Ukraine Strikes Druzhba, Russia’s Largest Oil Pumping Station Near Border, Sparking Massive Fire Kyiv Post
- Ukraine Claims Attack on Hub for Major Russian Oil Pipelines Bloomberg.com
- Drone debris sparks small fire at Russian refinery, authorities say Reuters
- Drone Strike Ignites Fire at Druzhba Pipeline Station on Russia’s Border UNITED24 Media
- Ukrainian Drone Strike Halts Operations at Rosneft Refinery in Saratov The Moscow Times
Recognising Palestinian state must not distract from ending Gaza mass deaths, UN expert says
Francesca Albanese, UN special rapporteur for the occupied territories, calls for practical actions and warns against distracting ‘attention from where it should be: the genocide’
The United Nations special rapporteur for the occupied territories has warned that moves to recognise a Palestinian state should not distract member states from stopping mass death and starvation in Gaza.
“Of course it’s important to recognize the state of Palestine,” Francesca Albanese told the Guardian after several more countries responded to the mounting starvation in Gaza by announcing plans to recognize an independent Palestine. “It’s incoherent that they’ve not done it already.”
Continue reading...Zelenskyy in Berlin for critical talks with European leaders and Trump – NPR
- Zelenskyy in Berlin for critical talks with European leaders and Trump NPR
- Zelensky and Other European Leaders Work With Trump on Russia-Ukraine Strategy The New York Times
- Ukraine-Russia war live: Zelensky to meet with Starmer at No10 ahead of Trump-Putin summit The Telegraph
- Trump is talking to European leaders about his Putin meeting. They may still not get a say. Politico
- Trump, Zelenskyy, NATO nations talk ahead of U.S.-Russia summit; Zelenskyy warns Putin is "bluffing" CBS News
China targets two EU banks, retaliating to bloc’s Russia sanctions package – Reuters
- China targets two EU banks, retaliating to bloc's Russia sanctions package Reuters
- China targets 2 Lithuanian banks in response to new EU sanctions ABC News
- China targets 2 Lithuanian banks as EU relations sour over Ukraine Financial Times
- China bans agencies and individuals from dealing with 2 EU banks South China Morning Post
- China Sanctions Two EU Banks, Hitting Back at Europe’s Moves Bloomberg.com
Dying of thirst in Gaza
How Israel is using water as a weapon of war in Gaza.
Greetings from Paris, where you can swim in the Seine for the first time in a century – NPR
Japan’s Nikkei 225 hits all-time high after US inflation remains steady
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.
Europe Finally Embraces Air Conditioning as Heat Waves Hit Hard – Bloomberg.com
- Europe Finally Embraces Air Conditioning as Heat Waves Hit Hard Bloomberg.com
- As Europe’s Heat Waves Intensify, France Bickers About Air-Conditioning The New York Times
- Top climate tech exec: The AC gap between Europe and America is becoming an economic liability Fortune
- Experts sound alarm over reason behind growing productivity gap between US and Europe: 'A serious threat to economic competitiveness' The Cool Down
- Air-conditioning debate intensifies as Europe sweats through hotter summers The Daily Climate
Israel, South Sudan in talks over forced transfer of Palestinians: Report
Human rights groups have warned that expelling the population from Gaza would violate international law.
Chios wildfire: Evacuations underway for people trapped on beaches – eKathimerini.com
- Chios wildfire: Evacuations underway for people trapped on beaches eKathimerini.com
- Wildfire menaces major Greek city as heatwave grips Europe BBC
- Wildfires scorch Greece for a second day, thousands evacuated Reuters
- Couple Dies After Getting Swept Out to Sea During Strong Winds at Popular Tourist Spot People.com
- Gale-Force Winds Sweep Tourist Couple to Death on Greece’s Milos GreekReporter.com
Sprinter Richardson apologizes while addressing domestic violence arrest
100m champion Sha'Carri Richardson addresses domestic violence arrest and apologizes to boyfriend Christian Coleman.
The row over ‘vote theft’ that has shaken Indian politics
Opposition parties have made allegations of electoral irregularities, which the India's poll body has denied.
New Zealand PM says Netanyahu has ‘lost the plot’ after Palestine recognition debate sees MP ejected
Green party co-leader Chlöe Swarbrick accused government MPs of lacking a ‘spine’ during a debate on whether to recognise a Palestinian state
As more of its allies make moves to recognise Palestinian statehood, the issue is dominating New Zealand’s politics, with a prominent MP ejected from parliament on Tuesday and the prime minister describing his Israeli counterpart Benjamin Netanyahu as having “lost the plot”.
Speaking to local media on Wednesday, Christopher Luxon said what was happening in Gaza was “utterly, utterly appalling”.
Continue reading...Vietnam wants to be the next Asian tiger and it’s overhauling its economy to make it happen – AP News
One of the world’s most polluted cities has banned single-use plastics. It’s not so easy – AP News
Gaza doctor describes ‘daily patterns’ in Israeli maiming at GHF sites
Ahmad Yousaf says injuries inflicted on Palestinians at GHF sites point to deliberate and indiscriminate violence.
South Korean crypto mogul Do Kwon pleads guilty to fraud
Cryptocurrency entrepreneur faces up to 25 years in prison over the $40bn collapse of the TerraUSD and Luna tokens.