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Jim Chalmers faces a world of hard choices where the solution to one problem makes the other worse

High inflation, low growth and rising unemployment can be added to the federal treasurer’s wall of worriesGet our new political email, free app or daily news podcastJim Chalmers in a speech last week offered the scant encouragement that the economy would be “a bit better” in a year’s time.Fast forward to Friday morning, and the treasurer revealed that his officials were busy downgrading their forecasts ahead of December’s mid-year budget update to show slower growth and higher unemployment. Continue reading...

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Rescuers search for survivors after deadly earthquake in China’s Tibet region

Rescuers are combing through a remote Chinese region in Tibet after a magnitude 7 earthquake that killed at least 16 people, injured 54 and collapsed hundreds of homes

Pope Leo XIV cancels Assisi trip on doctors' advice as he recovers from surgery

Pope Leo XIV will not travel to Assisi on Tuesday for a major interfaith peace gathering because he is continuing to recover from thoracic surgery he underwent last week, the Vatican said Friday

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South Korea proposes military talks with North Korea to calm rising border tensions

South Korea has proposed military talks with North Korea to resolve border disputes and prevent accidental clashes

Photos show festival on Myanmar's Inle Lake after the end of monsoon

A few days after the monsoon rains subside, Inle Lake, nestled among picturesque mountains, becomes the setting for one of Myanmar’s most important Buddhist festivals as sacred golden images glide across the water. The 18-day Phaung Daw Oo Pagoda Festival is an annual celebration on the country’s second-largest freshwater lake in the southern part of Shan state, about 420 kilometers (260 miles) northeast of Yangon. During the festival, four revered Buddha images are carried aboard an ornate golden barge to 21 villages around the lake for people to pay homage to them. Adorned with a golden figure of the mythical Karaweik bird at its bow, the barge is pulled by scores of wooden boats crewed by members of the Intha ethnic minority, who practice a unique style of rowing while standing with one leg wrapped around a single oar. Since the festival began on Oct. 12, hundreds of worshippers have gathered along the procession route to venerate the sacred images and enjoy traditional dance...