Financial markets could still avoid panic amid oil price risk in Middle East crisis

Oil prices rose by more than 4% as Israeli troops moved into Lebanon and Iran launched missiles on Israel

As Israeli troops moved into Lebanon and Iran launched a missile attack on Israel, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be materialising.

Oil prices rose by more than 4% to about $75 a barrel on Tuesday.

Continue reading...

Wim Hof biopic on hold after claims of domestic abuse against cold water guru

‘Iceman’ files for defamation after allegations he subjected former partner and children to physical and verbal abuse

A biopic of the Dutch extreme athlete and wellness guru Wim Hof has been put on hold after allegations of domestic violence against the man who calls himself “the Iceman” emerged in the Dutch media over the weekend.

A report published in de Volkskrant newspaper on Saturday claimed the 65-year-old had subjected his former partner, their son and her two children from a previous marriage to physical and verbal abuse over a period of 13 years.

Continue reading...

Irish finance minister calls €14bn tax windfall from Apple ‘transformational’

Jack Chambers says money will be used on infrastructure, not giveaways, as he reveals government budget

The Irish finance minister has hailed the €14bn tax windfall from Apple as “transformational” just weeks after the government lost a case in the European court of justice arguing the tech company should keep its money.

Unveiling the country’s budget on Tuesday, Jack Chambers said the money would be used on infrastructure and not splurged on giveaways before the general election, which is expected in November.

Continue reading...

Spending cuts needed to tackle France’s colossal debt, Michel Barnier tells MPs

New prime minister receives applause and boos in national assembly as he urges political forces to work together

In his first address to the French parliament, the new prime minister, Michel Barnier, has said “colossal” debt is a financial “sword of Damocles” hanging over the country, requiring cuts in public spending and tax increases.

In an hour-long inaugural address, Barnier was alternately heckled and applauded as he outlined his minority government’s political programme in the national assembly, which remains deeply divided. The lower house is split between three political blocs, none of which emerged with a majority after June’s snap general election.

Continue reading...

Alpine dingoes at risk of extinction after Victorian government extends right to cull

At least 468 shot by government controllers last year out of an estimated population of as few as 2,640 in the state’s east, advocates say

Traditional owners and dingo advocates say a Victorian government decision extending the right to kill dingoes on private and public land until 2028 could threaten local populations with extinction.

A government order, which took effect on Tuesday, declared dingoes were “unprotected wildlife” under the state’s Wildlife Act. The ruling means dingoes can be killed by trapping, poisoning or shooting across large parts of eastern Victoria, despite being listed as threatened under the state’s Flora and Fauna Guarantee Act.

Sign up for Guardian Australia’s breaking news email

Continue reading...