Meta is stumbling, and taking old media along with it

As Meta suffers losses in the social media attention wars, its pivot away from news spells trouble for traditional mastheads. Facebook CEO Mark Zuckerberg (Image: AP/Mark Lennihan) As once-was-Facebook Meta sees its advertising revenues start to slide, it looks like the company is sliding out of the commitments it made to pay publishers for posting … Read more

Will Iraq slide into civil strife? | Politics

From: Inside Story Supporters of Shia leader Muqtada al-Sadr are again occupying parliament. For the second time in a week, protesters have taken over Iraq’s parliament in a show of support for influential Shia leader Muqtada al-Sadr. On Saturday, thousands of people stormed the building in Baghdad. They’ve pledged to stay put until their demands … Read more

Caixin manufacturing PMI, China, currencies, oil

SINGAPORE — Futures in the Asia-Pacific region were set to open mixed on Monday ahead of the release of a private survey on Chinese factory activity for July. Over the weekend, China’s official Purchasing Managers’ Index reading for July came in at 49, down from 50.2 in June and lower than the expected 50.4. The … Read more

Rishi Sunak Pledges 20% Cut In Basic Rate Of Income Tax By 2029 In UK

Rishi Sunak said the tax cut would be the biggest since the time of Margaret Thatcher. (File) London: Rishi Sunak, trailing in the race to become Britain’s next prime minister, has vowed to slash the basic rate of income tax by 20% by 2029 in a potentially make-or-break throw of the dice by the former … Read more

Ukrainian refugee faces losing visa if she goes home ‘Mums can’t go bury their children?!’ | World | News

Ievgeniia Kuscherenko’s son, Glib Babich, died on the frontline during Russia’s invasion of Ukraine. The 53-year-old, who fled to Melbourne for safety, has been told she will forfeit her humanitarian visa if she returns to bury her son. She has a plea from the Ukraine embassy “to consider as an exception a possibility for her … Read more