RSS News

CCP Sets Up Social Work Department to Further Tighten Its Control

The Chinese Communist Party (CCP) recently formed a Central Social Work Department to further tighten the regime’s control of the Chinese people. Observers pointed out that the move is to target petitioners and potential social unrest against its one-party rule. According to Chinese state media, Wu Hansheng, the former deputy party secretary for a state

CCP Sets Up Social Work Department to Further Tighten Its Control Read More »

More Than 100 Million Americans Under Heatwave Alerts as Scorching Weather Set to Intensify

More than 100 million Americans are under heatwave alerts across the south and southwest as experts warn temperatures in some areas are set to soar further in the coming days, possibly reaching triple digits. In a July 12 bulletin, the National Weather Service (NWS) issued excessive heat advisories and warnings for areas of the United

More Than 100 Million Americans Under Heatwave Alerts as Scorching Weather Set to Intensify Read More »

Consumer Watchdog Says Australians Paying Too Much for Electricity

As millions of Australians have been hit with electricity price surges since July, the Australian Competition and Consumer Commission (ACCC) has raised concerns that electricity bills are too high. In May, the Australian Energy Regulator released the new default market offer, which caps the maximum rate energy retailers can charge residential and small business customers

Consumer Watchdog Says Australians Paying Too Much for Electricity Read More »

Australia’s Approval of MDMA and ‘Magic Mushrooms’ for Medical Use Premature Say Critics

The approval of MDMA and “magic mushrooms” for certain medical conditions by the Therapeutic Goods Administration (TGA) has received a mixed response, with Australia’s peak psychiatric body saying further evidence is needed to determine the drugs’ long-term safety and efficacy. From July 1, MDMA (ecstasy) and psilocybin can be prescribed for post-traumatic stress disorder (PTSD)

Australia’s Approval of MDMA and ‘Magic Mushrooms’ for Medical Use Premature Say Critics Read More »

Chinese Banks’ Ratings Downgraded as Local Governments Struggle With Debt

Shares in Chinese banks plunged after Goldman Sachs downgraded some ratings due to high local government debt. According to a July 11 Bloomberg report, shares in China’s banking sector are on the cusp of historically low valuations. Bloomberg Intelligence’s index of Chinese bank stocks is down 14 percent from this year’s high in May, wiping

Chinese Banks’ Ratings Downgraded as Local Governments Struggle With Debt Read More »