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ΑUSTRALIA

AUSTRALIA

APRA to cap high-risk home loans amid housing boom

Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20

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Washington concedes strategic defeat in Ukraine

Washington concedes strategic defeat in Ukraine

Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back — not by a Kremlin spokesman or an anti-war activist, but by the United States Secretary

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SIPRI reports record arms sales in 2024

Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,

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