RBA holds rates at 4.1% but Michele Bullock says room for cuts if global trade war takes toll | Interest rates

The governor of the Reserve Bank of Australia, Michele Bullock, says the central bank is ready and able to cut interest rates if needed to shield the economy from a damaging global trade war. Bullock made the comments after the central bank’s monetary policy board held rates at 4.1%, in a decision that was widely … Read more

UK in ‘best possible position’ to negotiate future exemptions from Trump tariffs, business secretary says – UK politics live | Politics

Key events Show key events only Please turn on JavaScript to use this feature Q: Is it true that you have banned shadow ministers from criticising Donald Trump, as a paper reported at the weekend? No, says Badenoch. She says that is not true. But she says politicians from one country should not endlessly be … Read more

Middle East crisis live: three dead and others injured after Israeli airstrike on Beirut, says Lebanon | Middle East and north Africa

Key events Show key events only Please turn on JavaScript to use this feature As we mentioned in the opening post, Israeli prime minister Benjamin Netanyahu has backtracked on his decision to appoint vice admiral Eli Sharvit as the next head of the Shin Bet, some 24 hours after making the surprise announcement. Netanyahu’s office … Read more

People displaced by Uganda oil pipeline ‘received inadequate compensation’ | Uganda

People displaced from their homes alongside the site of an oil pipeline under construction in Uganda have complained of being inadequately rehoused or compensated. When completed, the East African crude oil pipeline (Eacop) will transport oil from the Tilenga and Kingfisher oilfields in western Uganda to the port of Tanga in Tanzania. The project – … Read more

Trump and Musk back Le Pen as NR’s Bardella says verdict should ‘outrage’ France – Europe live | France

Key events Show key events only Please turn on JavaScript to use this feature Italian prime minister Meloni says ‘no one who believes in democracy’ can be happy about court’s decision to ban Le Pen from 2027 race Italian prime minister Giorgia Meloni has just weighed in on Marine Le Pen saying in a social … Read more

Myanmar junta accused of blocking aid for earthquake victims as airstrikes continue | Myanmar

Myanmar’s military is facing criticism over continued airstrikes and claims it is blocking aid to earthquake survivors, as international agencies urged “unfettered access” to humanitarian aid in the conflict-riven nation. The 7.7-magnitude earthquake that hit central Myanmar on Friday has caused widespread destruction, killing more than 2,000 people and leaving affected areas in dire need … Read more

Tuesday briefing: How Le Pen’s conviction could reshape National Rally – and French politics | France

Good morning. Marine Le Pen appeared to have been expecting a guilty verdict in her trial for embezzling millions in European parliament funds to pay her party’s workers in contravention of the rules – and even to have anticipated that she might face a period of ineligibility for political office once her inevitable appeal was … Read more