Monday, September 15

World Top News

Murdoch family holds its breath as future of media empire hangs in the balance

The fate of Rupert Murdoch's vast media empire, including Fox News, is now in the hands of a Reno probate commissioner, who will decide whether the 93-year-old media mogul can change his succession plan to preserve the right-wing editorial bent of his influential outlets. Murdoch and his eldest children descended on a Reno courthouse to appear for evidentiary hearings in a secret trial to determine whether the 93-year-old can alter the family trust that he established decades ago, giving his four oldest children equal votes over the future of his conservative media empire after he dies. Murdoch wants to amend the trust so that his eldest son and chosen successor, Lachlan, will remain in charge for decades to come. Rupert Murdoch, centre, and his wife Elena Zhukov...

EU pledges to loan Ukraine up to $57 billion to help rebuild its economy and power grid

The European Union pledged on Friday to lend Ukraine up to €35 billion ($57 billion) as part of a loan package organised by the Group of Seven (G7) major industrial nations, as it seeks to help the country rebuild its economy and its war-shattered power grid. G7 leaders agreed in June to engineer a $US50 billion ($73.5 billion) loan to help Ukraine in its fight for survival. Interest earned on profits from Russia's frozen central bank assets would be used as collateral, but progress in distributing the loans has been slow. Ukrainian President Volodymyr Zelenskyy, right, and European Commission President Ursula von der Leyen greet each other in Kyiv, Ukraine, Friday, Sept. 20, 2024. (AP Photo/Efrem Lukatsky) "We should make Russia pay for the destruction it cau...

Biden ‘chuffed’ by PM’s gift as leaders meet at President’s home ahead of Quad Summit

Prime Minister Anthony Albanese joined US President Joe Biden for a meeting at his home in Wilmington, Pennsylvania the day before the Quad Leaders' Summit. Albanese is the first, and so far only world leader to be invited to meet the outgoing President at his home. "It was wonderful to be invited into his home for a one-on-one firstly, and a bit of a look around his home," Albanese said. Prime Minister Anthony Albanese joined US President Joe Biden for a meeting at his home in Wilmington, Pennsylvania the day before the Quad Leaders' Summit. (Supplied/Instagram) Albanese is the first, and so far only world leader to be invited to meet the outgoing President at his home. (Nine) The two then opened up their meeting to the Australian delegation and some of Biden's ke...

Israel says its strike on Beirut killed a top Hezbollah military official as Lebanon reports 12 died

Israel launched a rare airstrike that killed a senior Hezbollah military official in a densely populated southern Beirut neighbourhood on Friday, the Israeli army said. It was the deadliest such attack on Lebanon's capital in years, with Lebanese health authorities reporting at least 12 people killed and dozens more wounded in the attack. The Israeli military's chief spokesman, Rear Adm. Daniel Hagari, said the strike on Beirut's southern Dahiya district targeted and killed Ibrahim Akil, a commander of Hezbollah's elite Radwan Force, as well as 10 other Hezbollah operatives. Ambulances arrive at the scene of an Israeli missile strike in the southern suburbs of Beirut, Friday, Sept. 20, 2024. (AP Photo/Hassan Ammar) Hezbollah did not immediately confirm the claim of ...

‘The Quad is here to stay’: Joe Biden’s vow as Indo-Pacific powers gather in USA for summit

The safety of Australia's backyard is the top priority for Anthony Albanese during the PM's visit to the US for the all-important Quad summit meeting. Albanese was hosted by US President Joe Biden at his home in Delaware before meeting with leaders of the Quad alliance: Australia, the United States, Japan and India. This week's meeting is the final chance for Biden to shore up the alliance for future administrations and the president made it clear it was a priority as his time in power comes to a close. President Joe Biden talks with Australia's Prime Minister Anthony Albanese, as he leaves the Quad leaders summit at Archmere Academy in Claymont, Del., Saturday, Sept. 21, 2024. (AP Photo/Mark Schiefelbein) (AP) "The Quad is here to stay," Biden said during his...

Boeing factory workers go on strike after rejecting contract offer

Aircraft assembly workers went on strike on Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25 per cent over four years. The work stoppage involving 33,000 machinists will not disrupt commercial flights immediately but was expected to shut down production of Boeing's best-selling airliners, presenting another setback for a company already dealing with a damaged reputation and financial losses. Boeing stock was down 2.2per cent in morning trading, bringing its loss for the year so far to 38.9 per cent. Boeing Machinists Union members Dave Hendrickson, left, and Steven Wilson, right, on the picket line at the Renton assembly plant, Friday, Sept. 13, 2024, i...
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