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    Latest

    China’s J-10 fighters.

    China sends most warplanes ever across Taiwan key line

    The dispatch comes after Taiwan’s new president said he was considering passing through the US while potentially visiting nations that have ties with Taiwan.

    • Yian Lee

    Pelosi, George Clooney deliver new blows to Biden

    “We are not going to win in November with this president,” the Hollywood actor and donor says, as momentum continues to build for Joe Biden to step aside.

    • Updated
    • Matthew Cranston

    Democratic donors warn of campaign funds ‘drying up’ as Biden holds on

    Donors have become crucial in the fight over the president’s future, with some pushing for him to withdraw even as Democrats on Capitol Hill waver.

    • Alex Rogers and James Fontanella-Khan

    NATO accuses China of fuelling Putin’s war in Ukraine

    In a strongly worded statement, NATO leaders have taken aim at Beijing, saying its “no-limits partnership” with Vladimir Putin is prolonging the war.

    • Updated
    • Matthew Cranston, Andrew Tillett and Jessica Sier

    Archegos founder Hwang found guilty over fund’s $53b collapse

    The Archegos meltdown in 2021 sent shock waves across Wall Street and drew regulatory scrutiny on three continents.

    • Jody Godoy

    Samsung workers strike ‘indefinitely’ in global chip risk

    The union of 30,000 workers will go on strike in action that may snowball to trigger similar responses across a recovering tech and chip industry.

    • Sohee Kim and Shinhye Kang

    Opinion & Analysis

    Don’t underestimate Kamala Harris as the 2024 Democrat nominee

    Despite struggling as vice president, there are three reasons that many might be unaware of that signal her potential at the top of the Democratic ticket.

    Ava Kalinauskas

    Research Associate

    Ava Kalinauskas

    What if Joe Biden stays?

    A second presidential term that was already burdened with political disadvantage will be incalculably more difficult because of questions about his age.

    Peter Spiegel

    Contributor

    Why Jill Biden’s Vogue cover story has been slammed as an epic failure

    A week is a long time in politics. In the world of monthly publications, it can be an eternity.

    Jo Ellison

    Contributor

    Both men running for US president are unfit for the job

    One is a good man in obvious cognitive and physical decline, and the other is a bad man who lies as he breathes – and who is in his own cognitive tailspin.

    Thomas Friedman

    Contributor

    Thomas Friedman

    From the Financial Times

    Joe Biden has tried to allay donors’ concerns in recent days.

    Democratic donors warn of campaign funds ‘drying up’ as Biden holds on

    Donors have become crucial in the fight over the president’s future, with some pushing for him to withdraw even as Democrats on Capitol Hill waver.

    • Alex Rogers and James Fontanella-Khan

    What if Joe Biden stays?

    A second presidential term that was already burdened with political disadvantage will be incalculably more difficult because of questions about his age.

    • Peter Spiegel

    Why Jill Biden’s Vogue cover story has been slammed as an epic failure

    A week is a long time in politics. In the world of monthly publications, it can be an eternity.

    • Jo Ellison
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    More From Today

    Kamala Harris has struggled to find her footing as Biden’s deputy, wrestling with low approval ratings and criticisms that she has underperformed throughout her tenure.

    Don’t underestimate Kamala Harris as the 2024 Democrat nominee

    Despite struggling as vice president, there are three reasons that many might be unaware of that signal her potential at the top of the Democratic ticket.

    • Ava Kalinauskas
    Joe Biden speaks during an event commemorating the 75th Anniversary of NATO.

    What if Joe Biden stays?

    A second presidential term that was already burdened with political disadvantage will be incalculably more difficult because of questions about his age.

    • Peter Spiegel
    Jill Biden, who was featured on the cover of the August 2024 issue of Vogue.

    Why Jill Biden’s Vogue cover story has been slammed as an epic failure

    A week is a long time in politics. In the world of monthly publications, it can be an eternity.

    • Jo Ellison

    Yesterday

    Shoppers walk by an apparel store in Shanghai.

    China’s consumer price growth weakens ahead of key summit

    Factory deflation eases but Beijing’s reliance on exports and industrial output is stoking trade tensions.

    • Ryan McMorrow
    Newly elected members of the Socialist party, with former French president Francois Hollande, pose outside the parliament.

    Macron coalition talks shaky as left ‘behaves like children’

    While French leftists demand the premiership, the president faces fissures in his own camp.

    • Leila Abboud, Adrienne Klasa, Sarah White and Ian Johnston
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    Donald Trump at the Miami rally: “I don’t think Kamala Harris’s California socialism is going to go down well with the people of Doral, the people of Miami or the people of Florida.”

    Trump steps up attacks on Harris, stays silent on running mate

    The former president accused Vice President Kamala Harris of working with other Democrats to cover up Joe Biden’s alleged mental acuity issues.

    • Nathan Layne
    US President Joe Biden stands with fellow NATO leaders during a group photo at the NATO 75th anniversary.

    Europeans use NATO summit to meet Trump officials

    European delegations to a NATO leaders’ summit in Washington this week are holding meetings with foreign policy associates of Donald Trump, as nervousness rises inside the military alliance regarding President Joe Biden’s re-election prospects.

    • Henry Foy, Felicia Schwartz and James Politi
    Donald Trump and Joe Biden debating at CNN’s Atlanta studios.

    Both men running for US president are unfit for the job

    One is a good man in obvious cognitive and physical decline, and the other is a bad man who lies as he breathes – and who is in his own cognitive tailspin.

    • Thomas Friedman
    Joe Biden: “Today NATO is more powerful than ever.”

    NATO to bolster Ukraine’s air defence following hospital attack

    The White House hoped Joe Biden could turn the page on the speculation with his speech, which was being closely scrutinised for any verbal flubs or signs of confusion.

    • Updated
    • Steve Holland, Patricia Zengerle, Sabine Siebold and Trevor Hunnicutt
    Joe Biden has avoided a leadership revolt from members of his Democratic Party.

    Biden fends off leadership test ahead of NATO, praised by Marles

    Democratic politicians failed to reach a consensus on whether to fall in line behind President Joe Biden’s resolve to pursue his re-election bid.

    • Updated
    • Matthew Cranston
    Donald Trump at the debate: Joe Biden’s performance has obscured the serious flaws in Trump’s economic plans.

    The economic consequences of re-elected President Donald Trump

    Trump’s first-term tariffs did not crater the US or world economies. The same cannot be said for his far more ambitious plans the second time around.

    • Richard Holden
    Joe Biden

    The Biden debacle must spell the end of short-termist politics

    One more Trump term might be bad, but if trust in America’s institutions is permanently broken, that would ultimately be even worse.

    • Jemima Kelly
    Powell would like more data to show inflation is heading back towards the Fed’s target.

    Job losses weigh on Powell’s rate cut call

    The US Federal Reserve and bureaucrats are paranoid about risks to the labour market from high business borrowing costs, all while hoping price growth slows.

    • Updated
    • Craig Torres and Amara Omeokwe
    Ray Dalio: “At this time, there is no good choice for me for the country’s leadership.”

    No one worth voting for: Ray Dalio’s lament

    “I feel like I am faced with the choice between a strong, unethical, almost fascist Republican Party and a frail, untruthful, and enigmatic Democratic Party,” the billionaire hedge fund founder said.

    • Timothy Moore

    This Month

    France says adieu to the centre

    Australia too faces a drift to minority government, polarisation and identity politics at the next election, which France showed how easily can go off course.

    • The AFR View
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    Fumio Kishida at the Summit on Peace in Ukraine in Switzerland last month.

    Japan must strengthen NATO ties to safeguard global peace, PM says

    Fumio Kishida also signalled concern over Beijing’s alleged role in aiding Moscow’s two-year-old war in Ukraine, although he did not name China.

    • Yukiko Toyoda and John Geddie
    Punching on: President Joe Biden attends a church service in Philadelphia on Sunday (Monday AEST).

    Angry Biden launches offensive to hold on to job

    The US president has dared his critics to “challenge me at the convention” if they want him out of the presidential race.

    • Updated
    • Michael D. Shear
    Narendra Modi and Vladimir Putin during an informal meeting near Moscow this week.

    Zelensky blasts Modi’s visit to Russia as blow to peace

    The Ukrainian president said the visit was a “devastating blow to peace efforts”. His comments came on the same day as a missile strike on Kyiv hit a children’s hospital.

    • Sudhi Ranjan Sen and Dan Strumpf
    La Defense business district in Paris. Corporate heads have responded to the election result with a mix of relief and fear.

    Corporate France bids adieu to Macron’s pro-business agenda

    Many business leaders are relieved to see extremes neutralised, but political gridlock and the rise of the left has sparked concern.

    • Anne-Sylvaine Chassany, Adrienne Klasa, Leila Abboud and Sarah White
    Robert Bates (left) with Francesca Packer at the Australian Open earlier this year.

    Robert Bates holidays in Italy aboard Packer yacht

    Investors allege the Aquamamma founder made baseless claims about the companies’ financial success. All while he slathers on the sunscreen.

    • Jessica Sier