This Month
IMF warns Australia; Rich Lister charged; Families sell $180m hotel
Read everything that’s happened in the news so far today.
- Opinion
- World politics
Why the world’s leading democracies are in crisis
The majority of G7 governments are now so burdened with domestic political problems that they are incapable of steering their own countries – let alone the free world.
- Gideon Rachman
Biden commutes sentences for 37 out of 40 inmates on federal death row
The move will frustrate Donald Trump’s plan to expand executions. Unlike executive orders, clemency decisions cannot be reversed by a president’s successor.
- Updated
- Nandita Bose
‘What choice do they have?’: US CEOs bend the knee to Trump
From Hollywood to Silicon Valley and Wall Street, senior executives have been bending over backwards to meet Donald Trump since he won the election.
- James Politi and James Fontanella-Khan
US backs Oz firm’s graphite factory to loosen China’s EV grip
The energy department has offered Novonix a $1.2 billion loan to underwrite construction of the first large-scale synthetic graphite facility in North America when complete.
- Nic Fildes and Harry Dempsey
South Korea’s leaders seek calm after president impeached
Political leaders and the central bank tried to reassure allies and markets of stability, after the president was suspended for trying to impose martial law.
- Heekyong Yang and Josh Smith
No ongoing threat after synagogue attack: ASIO
ASIO conducts own antisemitism inquiries as the AFP sets up a special operation; David Lamming avoids criminal conviction after arrest outside The Star. How the day unfolded.
- Updated
- Lucy Slade
US appeals court upholds TikTok law forcing its sale
The ruling now increases the possibility of an unprecedented ban in just six weeks on the social media app, used by 170 million Americans.
- David Shepardson and Mike Scarcella
Do you know this week’s news? Answer these 10 questions
Have you been paying attention this week? Test your knowledge across politics, business and world news.
- Daniel Arbon
- Opinion
- US politics
Biden (not Trump) has weakened America’s rule of law
In pardoning his son, the president has ensured that the distance between himself and Trump is now shrouded in fog.
- Edward Luce
- Analysis
- US politics
Biden’s pardon decision just shattered his legacy
The president broke a promise not to get involved in his son’s legal problems, after pledging to restore trust in the judicial system.
- Updated
- Colleen Long and Zeke Miller
Intel CEO forced out as Bezos backs Nvidia rival in AI gold rush
Pat Gelsinger has stepped down after the board lost confidence in his plans to turn around the chipmaker, as its rival Nvidia soars.
- Ian King, Liana Baker, Ryan Gould, Jane Lanhee Lee and Vlad Savov
- Updated
- US politics
Biden pardons his son Hunter on gun, tax charges
The outgoing US president has used his executive powers to pardon his son despite vowing many times not to, claiming a “miscarriage of justice”.
- Updated
- Zeke Miller and Allanna Durkin Richer
- Analysis
- US politics
In pardoning his son, Biden sounds a lot like Trump
President Joe Biden complained about selective prosecution and political pressure in a system he has spent his political life defending.
- Peter Baker
Kash Patel, from ‘not a credible witness’ to pick to lead the FBI
Patel has been a vocal supporter of Donald Trump for years and has said he would upend the FBI and radically reshape its mission.
- Eric Tucker and Alan Suderman
The new world order looks like mercantilism
The chaotic politics of the past 16 years masked the steady development of a new economic order, but trade and the economy aren’t zero-sum games.
- John Authers
November
Fed’s favoured inflation metric edges up, GDP steady
The data bolsters comments by many Fed officials that there’s no rush to cut rates so long as the labour market remains healthy and the economy strong.
- Updated
- Augusta Saraiva and Matthew Boesler
White House pressing Ukraine to draft 18-year-old men
Ukrainians believe they need about 160,000 additional troops, but the US administration believes they probably will need more.
- Aamer Madhani
China releases three Americans imprisoned for years
A diplomatic agreement was reached with China, the White House said. It was not yet clear whether the US sent home any Chinese citizens.
- Eric Tucker, Aamer Madhani and Matthew Lee
China’s defence minister under investigation for corruption
US officials say the probe is part of a wider operation to uncover graft in the People’s Liberation Army.
- Demetri Sevastopulo