Australia’s news companies must set aside traditional rivalries when it comes to exposing the dangers of artificial intelligence, the editor-in-chief of one of the world’s oldest media organisations has urged.

“News organisations are competitors. That is healthy,” Reuters boss Alessandra Galloni said while delivering the annual Andrew Ollie Lecture in Sydney on Tuesday night.

‘Plunder’: Media chief on AI’s theft of news

Story by Amy Jackson

Over the weekend, I traded notes with Marc Faber—global investor and editor of The Gloom, Boom & Doom Report. One snippet from our chat set the tone:

At major market tops, it isn’t uncommon to see the formation of anti-bubbles alongside bubbles. And those anti-bubbles can bottom when the bubbles peak. In fact, some of the greatest buying opportunities can take place at major tops such as 2000. If you look at some of the Old Economy rejects, the cheapest many of them ever got over the past 30 years was in March 2000.

Mises Wire

The Quiet Rise of Chinese Innovation

BY Kevin Duffy

US Defence Secretary Pete Hegseth has announced that military personnel aged 30 and older will undergo testing for testosterone deficiency as part of annual health screenings.

In a video posted on X, captioned "High-T Department", Hegseth said he was authorising the screening programme for troops to ensure "you have the right testosterone levels to operate at your absolute best".

Troops with low testosterone levels will be offered voluntary hormone replacement therapy. 

According to rumors, President Trump is hoping to receive a Peace Prize. Unfortunately, his actions are counter-productive. He is bogged down in both the Ukraine War and the Iran War, without a clear end in sight for either of them. However, there is a very slight chance that one or more obscure options might succeed in bringing the two quagmires to a close.

A ROUTE TO A PEACE PRIZE [A GUEST ARTICLE BY RYAN L DUDLEY]

21 July 2026 by Ryan Dudley

One such extremely speculative option is as follows:

ONE–PREPARATION

The Israeli embassy has criticised Labor’s draft Israel-Gaza platform ahead of this week’s national conference, warning it places too much responsibility on Israel.

The Israeli embassy has made an extraordinary intervention in Australian domestic politics, criticising aspects of the draft party platform on the Israel-Gaza conflict that goes to Labor’s national conference in Adelaide this week.

Michelle Grattan

He's only been Prime Minister for a couple of hours, and already Andy Burnham is shaking things up.

The former Manchester mayor became the Prime Minister of Great Britain earlier today (20 Jul), weeks after outgoing Labour leader Sir Keir Starmer announced his resignation.

Several EU member states have demanded exemptions from the bloc’s latest proposed Russia sanctions package, or blocked some of its measures outright, the Financial Times reported on Monday, citing diplomats.

Greece, France, Italy, Germany, Austria, and Portugal all repordedly asked for changes, reflecting growing resistance to Brussels’ sanctions attempts, as more member states balk at measures they believe would damage their own national economies and corporate interests.

Several rounds of talks last week failed to produce agreement on the EU’s proposed 21st sanctions package targeting Russia’s energy, financial, crypto, trade, and fisheries sectors. It would also ban Russians who have served in the military since the escalation of the Ukraine conflict in February 2022 from entering the bloc.

In the second of a two-part series, Robin Brown and Nick Bogiatzis show how it is the politicians most loudly claiming to defend “Western values” who are among the most dedicated to undermining them.

Pauline Hanson stands on the myth of a monocultural Western civilisation under siege. So does Reform UK’s Nigel Farage. US Vice President JD Vance does too. The Liberal Party’s new president Tony Abbott has made a career out of it. These politicians share the political usefulness of invoking “Western values” to exclude, demean and restrict the rights of people outside their preferred cultural group. They are either ignorant of, or dishonest about, the values they claim to defend.

Evidence to the public inquiry into AUKUS is exposing risks around nuclear accidents, sovereignty, jobs, waste and Australia’s role as a US military base.

I have been watching and listening to the livestream broadcast of the Public Inquiry into AUKUS. Truthfully, I have been doing more than watching. As a board member of the Australian Peace and Security Forum, which is supporting the Inquiry, I have been hanging on every piece of evidence, every presentation, every media story.

The US and Iran are on the precipice of all out conflict, the Washington Post reported on Sunday, citing sources familiar with discussions in the While House. According to the paper’s sources, Washington is ramping up its air war assets in the Middle East.

US planning for wider war with Iran – WaPo

The White House is likely unaware it lacks the resources needed for an extended military campaign, an American official has told the paper

The warning comes as the Pentagon confirmed that at least four US service members had been killed after Iranian forces launched retaliatory strikes on American military facilities in the region. According to the New York Times, US forces were hit by Iranian missile and drone attacks several times over the past week, wounding dozens of troops and damaging several Black Hawk helicopters.

Britain has suffered the biggest fall in household wealth among high-income economies since the Covid-19 pandemic, according to the UBS Global Wealth Report 2026.

The Swiss bank’s annual report measures household net wealth – the value of assets such as homes, savings, and investments, minus liabilities – across 56 markets representing more than 90% of global wealth.

Britain suffers biggest wealth slump since Covid-19 – UBS

The UK has recorded the steepest decline in household wealth, while Russia ranks among the strongest performers...

Barnaby Joyce says his party does not support the White Australia policy after Pauline Hanson blamed the end of the policy for Australia's migration issues.

Follow all the updates in our live blog. 

https://www.abc.net.au/news/2026-07-20/federal-politics-live-blog-one-nation/106934254

One Nation leader Pauline Hanson says she does not regret being interviewed by far-right UK figure Tommy Robinson.

The question recently asked by a federal judge in Miami — can the president sue an entity in the executive branch of the federal government and benefit from the resolution of that lawsuit? — seems to beg the question. 

How could anyone sue an entity he controls and derive a benefit from the amicable resolution of such a lawsuit at the expense of others who are not parties to the lawsuit? 

Can Trump Sue Himself?

Had the U.S. president asked the IRS to shelve his case until he leaves office, he’d have had a real claim, writes Andrew P. Napolitano. Instead he jeopardized the careers of his eager-to-please lawyers.

By Andrew P. Napolitano

Nikita Zvezdov was just 15 years old when Russia launched its full-scale invasion of Ukraine in February 2022. He was drafted into the Russian military straight after his 18th birthday in April 2024. Shortly before that, he had been failed at a vocational school he was attending in Krasnoyarsk and he believes that his expulsion was deliberate.

Over the past few years there have been reports that Russian students were not only drafted into the army but also prevented from passing their exams or deliberately flunked, so their conscription could not be hindered. This information has not been verified.