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    News and analysis from AFR correspondents on the biggest global stories.

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    Latest

    Increasingly isolated: Israeli Prime Minister Benjamin Netanyahu.

    International court has received $50m from Australian taxpayers

    Australia is one of the biggest bankrollers of the International Criminal Court, which wants to arrest Israeli Prime Minister Benjamin Netanyahu.

    • 1 hr ago
    • Andrew Tillett
    US Speaker of the House of Representatives Mike Johnson.

    Netanyahu to address US Congress soon: House speaker

    The Israeli prime minister will soon address the US Congress, according to Mike Johnson, amid the ongoing war between Israel and Hamas in the Gaza Strip.

    • Matt Spetalnick and Humeyra Pamuk

    Ray Dalio joins billionaires snapping up historic Singapore houses

    The Bridgewater Associates founder’s family office has bought two heritage ‘shophouse’ properties for about $28.6 million

    • Mercedes Ruehl

    China steps up war games around Taiwan to ‘seize power’

    Beijing’s military released a video of missiles being launched at Taiwan from the ground, air and sea, which then slam into the island’s cities in balls of flame.

    • Bernard Orr and Ben Blanchard

    US sues to break up Ticketmaster’s ‘suffocating’ monopoly

    The antitrust lawsuit launched by the Justice Department alleges the group has used its dominance to exploit fans and performing artists and threatening its rivals.

    • Leah Nylen and Emily Birnbaum

    Harvard graduates walk out of ceremony in Palestine protest

    Anger at the Ivy League university’s decision to bar seniors from a graduation ceremony over pro-Palestine demonstrations on campus boiled over.

    • Maya Shwayder, Jenna Russell and Anemona Hartocollis

    Opinion & Analysis

    UK Conservatives on course for the worst result in 100 years

    Calling the election is more about saving Tory furniture than victory. And Rishi Sunak wants to call it quits before he breaks records he doesn’t want to hold.

    Michael Turner

    Contributor

    Who’s in more trouble: Israel or Iran?

    Middle East conflict is making Iran’s clerical regime seem ever more fragile, and Israel’s sense of nationhood even stronger.

    Bret Stephens

    Contributor

    Bret Stephens

    ‘Pick me, I’m duller’: the election pitch to win over UK voters

    What Rishi Sunak and his opposite number, Labour’s Keir Starmer, will be selling over the next six weeks is the promise of sobriety and stability.

    Hans van Leeuwen

    Europe correspondent

    Hans van Leeuwen

    Why the most widely predicted recession was a no-show

    US economists were misled by false signals, including a short banking crisis, an oil-price spike and resilient consumer spending.

    Edward Yardeni

    Contributor

    From the Financial Times

    Shophouses on Telok Ayer Street in Singapore.

    Ray Dalio joins billionaires snapping up historic Singapore houses

    The Bridgewater Associates founder’s family office has bought two heritage ‘shophouse’ properties for about $28.6 million

    • Mercedes Ruehl

    Why the most widely predicted recession was a no-show

    US economists were misled by false signals, including a short banking crisis, an oil-price spike and resilient consumer spending.

    • Edward Yardeni

    Trump taps Texas oil tycoons in bid to close the cash gap with Biden

    The former president, whose campaigning has been restricted by his criminal trial in New York, has attended fundraisers in Houston and Dallas.

    • Myles McCormick and Alex Rogers
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    More From Today

    UK Conservatives on course for the worst result in 100 years

    Calling the election is more about saving Tory furniture than victory. And Rishi Sunak wants to call it quits before he breaks records he doesn’t want to hold.

    • Michael Turner
    Campus protests will not affect Israel.

    Who’s in more trouble: Israel or Iran?

    Middle East conflict is making Iran’s clerical regime seem ever more fragile, and Israel’s sense of nationhood even stronger.

    • Bret Stephens
    Prime Minister Rishi Sunak, outside 10 Downing St, announces the July 4 date for the UK general election.

    ‘Pick me, I’m duller’: the election pitch to win over UK voters

    What Rishi Sunak and his opposite number, Labour’s Keir Starmer, will be selling over the next six weeks is the promise of sobriety and stability.

    • Hans van Leeuwen
    Rishi Sunak at a campaign event in Port of Nigg in Inverness, Scotland.

    Sunak stumbles on Rwanda migrant plan as campaign kicks off

    The prime minister conceded he cannot introduce promised signature policies on deporting asylum seekers before the July 4 election, as campaigning got under way.

    • Michael Holden and Andrew MacAskill
    Anne Stevenson-Yang, third from the left, at the Academy of Building Design in Beijing in 1987.

    China’s curse is to raise hopes and dash them

    In her book “Wild Ride”, an American journalist details her life in China as it opened to the world, then regressed back to an oppressive, inward-looking regime.

    • Anne Stevenson-Yang
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    US Federal Reserve chairman Jerome Powell.

    Why the most widely predicted recession was a no-show

    US economists were misled by false signals, including a short banking crisis, an oil-price spike and resilient consumer spending.

    • Edward Yardeni
    James Gorman, chairman of Morgan Stanley.

    Gorman to step down as Morgan Stanley chairman at year-end

    The Australian-born James Gorman has announced he will step down after a 20-year run in which he transformed Morgan Stanley.

    • Sridhar Natarajan

    Yesterday

    Britain’s July 4 election could trigger a Labour landslide.

    What will fill the Tory-shaped hole in British politics?

    Just as in Anthony Albanese’s blue-collar rhetoric, Brexit has pushed Keir Starmer’s Labour away from Tony Blair’s post-class modernisation and globalism.

    • The AFR View

    More China ‘punishment’, but Taiwanese have seen it all before

    In the streets of Taipei, people appeared sanguine as they went about their daily lives, as China conducted military drills.

    • Updated
    • Jessica Sier
    Donald Trump in texas at the weekend. This is his second visit to the state in less than a week.

    Trump taps Texas oil tycoons in bid to close the cash gap with Biden

    The former president, whose campaigning has been restricted by his criminal trial in New York, has attended fundraisers in Houston and Dallas.

    • Myles McCormick and Alex Rogers
    French President Emmanuel Macron speaks after stepping off his plane in New Caledonia on Thursday.

    Macron urges calm in high-stakes New Caledonia visit

    The French president has met political and business leaders in an attempt to ease tensions following days of deadly unrest over electoral reforms.

    • Claire Rush and John Leicester
    Prime Minister Rishi Sunak, outside 10 Downing Street, announces the July 4 date for the UK general election.

    There is no Blair-mania about UK Labour leader Keir Starmer

    The Conservative government – now on its fifth prime minister since 2010 – has been a pointless charade for months now. What exactly a Labour government will mean is much less clear.

    • Adrian Wooldridge
    Nikki Haley speaks at the Hudson Institute in Washington.

    Haley backs Trump over ‘catastrophe’ Biden

    Endorsement from Nikki Haley could help Donald Trump win over college-educated and women voters who were drawn to the former UN diplomat.

    • Stephanie Lai
    A Palestinian demonstrator carries a mock rocket and the Hamas militant group flag during clashes with Israeli forces in the West Bank city of Jenin

    Furious Israel pulls funding after Palestinian state recognition

    Tel Aviv will not transfer much-needed funds to the Palestinian Authority after three European countries decided to recognise a Palestinian state.

    • Aaron Boxerman
    News Corp has announced its deal to sell Move, Inc. is off.

    News Corp strikes lucrative content deal with OpenAI

    The Wall Street Journal said the deal could be worth more than $377 million as the rise of generative AI tools is poised to transform the publishing business.

    • Gerrit De Vynck
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    Drenched Sunak’s gamble to avoid electoral drowning

    On the steps of Downing Street, a rain-soaked Sunak was drowned out by Tony Blair’s victory anthem. It was hard to see past these harbingers of imminent defeat.

    • Updated
    • Hans van Leeuwen
    PwC is facing a crisis in China as partners brace for penalties over its audit of collapsed property developer Evergrande.

    PwC braces for China crisis and a hefty fine

    PwC’s role in approving accounts for troubled property developer Evergrande has led to infighting at the big four firm as clients reconsider their relationship.

    • Stephen Foley, Sun Yu and Cheng Leng
    Britain’s Prime Minister Rishi calls an election as heavy rain falls.

    British PM Sunak sets July 4 election date

    The election has come much sooner than expected, even though the ruling Conservative Party faces a potential landslide loss.

    • Hans van Leeuwen

    This Month

    Ireland’s three government leaders from left, Eamon Ryan, Simon Harris and Micheal Martin make their announcement in Dublin.

    Norway, Ireland, Spain recognise Palestinian state in ‘historic’ move

    Israel’s foreign minister branded the three countries’ decision a “distorted step”, which shows “terrorism pays” and immediately recalled its ambassadors.

    • Joseph Wilson
    The funeral service for hostage Shani Louk in Srigim-Li On, Israel.

    Dutton open to cutting ties with ICC over Netanyahu arrest warrant

    Opposition Leader Peter Dutton has floated cutting ties with the International Criminal Court amid a deepening political row over an arrest warrant being sought for Israeli Prime Minister Benjamin Netanyahu.

    • Updated
    • Andrew Tillett