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The Reserve Bank of Australia has raised its cash rate to its highest level in 15 years, a move that lifts borrowing costs for households and businesses across the country. The decision reflects ongoing efforts to rein in inflation, and analysts and borrowers are weighing what it means for mortgages and the wider economy.

Ukraine's defence ministry announced a week of long-range strikes on Russia's fuel and energy sector, saying six strategic oil refineries were hit, some up to 1,600 kilometres behind the front line. Kyiv described the targeted facilities as key suppliers of fuel to Russia's defence industry and framed the campaign as an answer to continued Russian attacks on Ukraine.

The Reserve Bank of Australia has raised interest rates again, citing growing concerns that inflation is proving more persistent than expected. The move makes borrowing more expensive for Australian households and businesses, and signals that policymakers see price pressures as strong enough to justify further tightening despite strain on mortgage holders.

Russia's economy is under strain, with growing signs of difficulties, yet the Kremlin shows no sign of ending its war in Ukraine. Reporting from Moscow highlights the tension between worsening domestic economic conditions and the continuation of the military campaign, prompting discussion about how long Russia can sustain both at once.

Russia plans to increase its 2027 military spending by 27%, according to budget documents reviewed by Reuters. The figures point to a continued shift of Russian state finances toward defense despite talk of possible peace negotiations over Ukraine, and the report is drawing attention among analysts tracking Moscow's war economy and long-term military commitments.

Australia's central bank has raised interest rates to their highest level in 15 years and signalled that further increases remain possible as it battles persistent inflation. Policymakers stressed that more hikes are 'not off the table', a warning that is keeping borrowers, markets and economists on alert about the path of monetary policy.

A new report takes viewers on a seven-day embed with Ukrainian troops in the Donetsk region, covering the fortified defensive belt often described as a kill zone. Released by the UNITED24 fundraising platform together with the Rubizh Brigade, the footage has drawn well over a million reactions as the war grinds on. Readers are reacting to rare front-line access and the conditions soldiers face holding the fortress belt.

Australia's central bank has lifted its key interest rate to the highest level in 15 years as it tries to bring inflation under control. The move makes borrowing more expensive for households and businesses, and signals policymakers remain willing to tighten further despite concerns about slowing economic growth and mounting pressure on mortgage holders.

The Reserve Bank of Australia has raised interest rates, according to reports circulating widely on social media. The decision means higher borrowing costs for Australian households and businesses, with mortgage holders among those most affected. Commenters are debating what the increase signals about inflation and the bank's outlook for the economy.

Australia's central bank has raised its benchmark interest rate to its highest level in around 15 years, according to the Financial Times. The move means more expensive borrowing for Australian households and businesses, and is aimed at curbing inflation. Reactions so far focus on the pressure this adds to mortgages and the broader cost-of-living squeeze.

Ukrainian Air Force MiG-29s carried out a strike on a Russian command post in the northern sector of the front. According to the Ukrainian unit, Russian forces had been concentrating personnel in the building for some time and were also moving equipment and ammunition into the site, making it a significant target. The strike is being widely discussed amid ongoing fighting and continued Ukrainian air operations against Russian command infrastructure.

Russia has started rationing fuel following a large-scale Ukrainian drone strike that hit oil and energy infrastructure. Reports say Ukrainian long-range drone technology has outmatched Russia's jet-powered drones, forcing Moscow to restrict petrol supplies in affected regions. The strikes mark an escalation in the two countries' ongoing drone war targeting each other's energy supplies.

Foreign Policy has published a piece examining why the war in Ukraine remains deadlocked despite ongoing diplomatic talk. The argument is that neither Kyiv, Moscow, nor outside powers currently have both the incentive and the leverage to force a settlement, leaving the fighting to grind on with no credible path to peace on the horizon.

Pope Leo has called for concessions to bring an end to the war in Ukraine, urging both sides to make compromises for peace. His appeal comes as the conflict continues with no clear end in sight. The remarks are drawing attention as international efforts to broker a settlement remain deadlocked.

The Pope has described wars as senseless and called on Russia and Ukraine to sit down at the negotiating table to end their conflict. The appeal, carried by Vatican media, restates his repeated calls for dialogue and peace. It lands as the war grinds on with no ceasefire in sight, and reactions are likely to be divided between those welcoming the moral appeal and those questioning what negotiations could realistically achieve.

Ukrainian President Volodymyr Zelenskiy says North Korea is preparing to deploy an additional 10,000 soldiers to support Russia's war effort. The claim points to an expansion of Pyongyang's military involvement, which already saw thousands of North Korean troops sent to fight alongside Russian forces. The announcement adds to concerns about foreign manpower sustaining Russia's invasion and widening the conflict's international dimensions.

Ukrainian President Volodymyr Zelensky addressed the UN General Assembly, branding Vladimir Putin the 'patient zero' of global instability in a speech centred on the Russia-Ukraine war. He also appealed directly to the United States and Donald Trump, urging continued pressure on Moscow as international support faces mounting uncertainty and the war grinds on.

Australia's central bank has lifted interest rates to their highest level in 15 years, a move aimed at curbing persistent inflation. The decision means higher borrowing costs for households and businesses, and signals that policymakers remain willing to tighten further despite pressure on mortgage holders.

The Reserve Bank of Australia has raised interest rates for the fourth consecutive time, moving to curb inflation that policymakers had warned was building. The decision signals the central bank's concern that price pressures are proving more persistent than expected. It adds to a global pattern of aggressive monetary tightening, and households and businesses face further pressure on mortgages and borrowing costs.

The European Union has adopted new sanctions in response to the deportation of Ukrainian children to Russia. The measures target those deemed responsible for the forced transfers, which Kyiv and international bodies have described as violations of international law. The move aligns the EU with allied governments that have already imposed penalties over the same issue, and it is drawing attention as part of the broader sanctions regime against Moscow.

Pope Leo has called on Russia and Ukraine to sit down and discuss how to bring an end to the war, according to Reuters. The appeal comes as the conflict, now in its fourth year, continues despite repeated international efforts to broker peace talks. The Pope's intervention adds to ongoing diplomatic pressure on both sides to open negotiations.

Russian Foreign Minister Sergei Lavrov delivered a combative speech on the Ukraine war, sharply criticising European governments. He accused Europe of deception, reportedly saying 'You think we'll fall for your tricks?', and framed European nations as unreliable actors in negotiations over the conflict. The remarks have drawn wide attention, underlining the deep gulf between Moscow and European capitals as the war grinds on.

Ukraine has carried out its largest attack to date on Moscow, according to CNN reporting. A military expert offered analysis of the strike, its scale, and what it signals about Ukraine's deep-strike capabilities as the war continues. The attack marks a significant escalation in Ukraine's campaign against targets in the Russian capital region.

A senior Ukrainian commander says its forces are advancing on a key eastern battlefield, according to Reuters. The claim comes as fighting remains intense along the front in Ukraine's east, where both sides have sought gains. Details on the location and scale of the advance were not provided, and Russia has not commented on the reported movement.

People living along Poland's border with Ukraine are preparing for a possible Russian hybrid attack, according to reporting by the Los Angeles Times and AP News. The warnings have put local communities on alert as tensions over Russian activity near NATO's eastern flank continue. Details on the specific nature of the anticipated attack were not provided in the available reports.

Russian forces are urgently redeploying thousands of troops toward the Lyman frontline in eastern Ukraine, as Ukraine's 3rd Corps continues advancing in the area. War monitoring reports describe a degree of panic within the Russian command over the situation there, with Moscow scrambling reinforcements to slow Ukrainian gains around the contested frontline town.